The SEC shut down Lending Club in March, then Prosper, and finally Loanio this week....Regulators have concluded that loans created in these networks are in fact securities and must be registered...
A good credit score is your ticket to a home or a car or a credit card, and a slip-up can come back to haunt you.
The 4th way is to avoid applying for new credit cards that you don't need. The...
Citibank announced yesterday that it was raising rates on about 20% of its credit card customers. Other credit card companies are doing the same and cutting credit limits.
Fannie Mae, Freddie Mac, and Citi have announced plans to cut mortgage payments or princpal on some loans and extend payment terms on others. Cutting principal, where do I sign up.
Think you immune from the credit crunch because you have good credit and aren't going to sell your own anytime soon. Thing again? Here are five ways in which you might also be impacted.
Over the last twenty years, financial companies have marketed second mortgages as home equity loans and lines and made it acceptable to borrow against your house. Consumers eagerly gobbled them up.
Article | Updated Aug 15, 2008 | Views: 70 | Comments: 0 Tags: home equity
Mortgage rates spiked nearly a quarter of a percentage point this week on inflation fears, trouble with Fannie Mae and Freddie Mac, and overall bank weakness.
Even as the economy melts down from past mortgage excesses, the mortgage market is already in transformation. The intermediate result will be a much more conservative mortgage market that will...
Out of the 10 things mentioned in the article, I found 3 to be most interesting and useful to know.
The Maximum Liability For Unauthorized Use Of A Credit Card Is $50 According To Federal Law...
Credit Card App O Rama is a growing game as more and more people take advantage of 0% interest offers and stash the money in high yield checking accounts - earning free money.
Clark Howard makes a strong case that credit monitoring/fraud alert service like LifeLock are a waste of money. A better and cheaper alternative to these services is a credit freeze. With a credit...
Even though this is just one station in West Virginia, it shows the impact of high credit card surcharges have on merchants.
The credit card companies take about 2% to 3% of the purchases, and...
BestCashCow provides information on the best CD (certificates of deposit) rates, the best money market rates, the best savings rates, and more - as well as financial information that can help you make better decisions with your money.