Job seekers today are finding it a difficult search for employment. Layoffs, cutbacks, and a rather sluggish economy have made a time of it for people looking for work. There is now however another obstacle that people may not realize when interviewing for positions; credit checks. An ever growing number of employers are now using [...]
Credit card companies are bracing for impact. On August 22, just about a month from now, new legislation goes into effect for creditors in an attempt to stop the madness with late fees, inactivity fees, and multiple fees for late payments (see our post HERE). Credit card companies are preparing for HUGE losses due [...]
The FICO credit scores of US consumers are crashing and burning. You’ve probably already read that millions of people across America (43 million to be exact) are sinking below a FICO score of 600. The plummet is being fueled by rising credit card debt, foreclosures, late payments and otherwise huge amount of debt. In [...]
Sometimes we get caught up in life’s little routines; so much so that we may miss signs of approaching danger. If you’re unaware you may be headed towards debtville, with your pedal to the metal, consider the warning signs below. If you can’t curb spending and you’ve racked up credit card debt, we have written [...]
People seeking mortgages these days are now being warned from racking up credit card debt during their mortgage closing time. In fact, Fannie Mae now requires that all lenders double-check the borrowers financial history right up to the last minute before closing on the loan. If additional charges are noticed or the financial landscape of [...]
We get a lot of calls from clients who have already signed up for a debt settlement or debt consolidation program. They see our debt resolution ads or our website and want to know if they can get out of their program in favor of ours. This depends on the contract you signed with the [...]
It seems everyone has been asking about this topic and whether the US government or President Obama has a credit card bailout plan. We’re not sure why, unless people are just hopeful that the government will launch a program similar to the mortgage assitance program of last year. As far as we’re aware, nothing [...]
