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Your credit score. It could be your worst nightmare, or a dream come true. But most of the time it’s kind of like that nosy mother in law coming to stay at your house for a few days. You know that she is coming to stay, and you are not looking forward to it, but you are too nervous to ask or even consider how long she might be paying you that visit. OK, so that analogy wasn’t that great. But anyway, read on to see just how long negative marks will stay on your credit history.
In: Personal Finance
21 Jun 2010Debt can be an exhausting problem that weighs you down and affects your personal life greatly. But what if you have exhausted all of your resources and still can’t free up enough money to start repaying your debts in a big way? You still have choices. Perhaps it is time to think about the big things in your life- private schools, your house, and your cars. Are these things truly a necessity? Another option you have is to go through your house and your things and see if there is anything of value to sell. You can go after more money at your current job, or by taking on a second one. And there are still other alternatives yet. Credit counseling and bankruptcy are always available, but you are not there yet, so for now, take a deep breath and determine what you can accomplish on your own.
Students in a particular part of New Zealand, Whangarei could be forced to learn in a hallway or refused entry to particular subjects if their parents do not pay compulsory course fees. Whangarei Boys High School headmaster Al Kirk says about $10,000 is owed from last year.
It is hard to believe that people who have taken out mortgages become best friends with their mortgage lenders. Mortgage lenders raise rates as they please, and then, when they don’t receive that payment, they will take away your place of residence. Today, this is a disturbing trend that results in American homeowners either underwater or renting an apartment. And now, banks are attempting to get their money back from the foreclosure sale.
In: Finance
17 Apr 2010Identity theft is an illegal activity that is growing faster than any other type of crime in America today. The Federal Trade Commission predicts that one in every ten people will fall victim to identity theft this year. One form of this crime is known as credit card skimming. This is a way for identity thieves to get your credit card information and keep it on a storage device to be utilized later for fraudulent purposes.
In: Business
17 Apr 2010According to the RealtyTrac Year-End 2009 Foreclosure Market Report, 3,957,643 foreclosure filings were reported on 2,824,674 U.S. properties in 2009. This includes scheduled foreclosure auctions, default notices and bank repossessions.
In: Business
15 Apr 2010If you owe money to a creditor debt collection agencies can report your debt to credit bureaus, file suits against you, and should be taken very seriously. The best way to protect yourself and your finances is a methodical approach. First, know why you are being contacted. Know what the debt is from and exactly how much it costs.
Income is limited these days for everyone who may struggle to maintain the standard of living. In the past, loans carried you through college, but now that you’re out these debts have come out to haunt you. You may be contacted by a number of debt collectors and left a frantic mess looking for someone who can assist you with a school loan consolidation.
In: Business
2 Apr 2010Credit card issuer Capital One Bank and four other companies were sued by West Virginia Attorney General Darrell McGraw for unfair and deceptive practices and bad business conduct. The complaint was filed this week in West Virginia’s Circuit Court and it claims that Capital One hooked consumers into repayment plans by mailing out solicitations disguised as new credit offers.
Would you be embarrassed if someone in atop hat and tuxedo followed you into a restaurant and silently joined your lunch date? How about a trio of men with more to love dressed like superheroes asking your neighbors for donations to assist you in your financial situation?