In this Issue for August 2013: Home Prices Keep Rising Foreclosures Down From a Year Ago Reasons To Improve Your Credit Even If No Loan Is In Your Future Home Prices Keep Rising Home prices continue to rise despite higher mortgage rates. The S&P/Case-Shiller home price index was up 12.2% compared to a year […]
Credit Cards on Campus – How Banks Skirt The Law
A law that went into effect last year was supposed to curtail the use of credit cards on campus. But did it work? If you have any comments or questions about this, or any other story at our site, just click the comment link below and tell us what’s on your mind. Your email address […]
Second Mortgage Defaults Post Sudden Increase
According to data released by S&P Indices and Experian, the default rate on second lien mortgages has increased for the first time in at least five months. The agencies’ report shows second mortgage defaults rose from 1.42 percent in March to 1.51 percent in April. First mortgages, on the other hand, saw a decrease in […]
How to Avoid Credit Repair Scams
Knowing how to avoid credit repair scams can save you a lot of time and money. There are some legitimate companies that can be helpful, such as credit counseling services, but if you end up with a fraudulent company, you’re bound to be out quite a lot of cash. In reality, a sure-fire way to […]
0% Balance Transfers – The Lowdown
From November 2009 to November 2010, 0% balance transfers have increased by more than 35% according to Experian. While this may indicate that many consumers are starting to plan for holiday expenses more than in previous years, it also demonstrates a high expectation of debt. In any case, balance transfers, even 0% balance transfers, have […]
Convenience Checks: Crack Cocaine of Credit
Everyone loves getting checks in the mail, but what if your credit card company is the one sending them trying to get you to spend money on your credit card? Comments or questions about this video on credit card convenience checks? Just click the comment link below and sound off. Your email address will not […]
Ways to Clean Up Your Credit History
Your credit history is more important than ever. But do you know how to clean it up and keep it looking good? Have questions or comments? Use the comment link below and sound off. Remember, your email address will NEVER be published with your comments for your protection and privacy.
3 Ways to Raise Your Credit Score Fast
Having a high credit score is super-important, especially if you plan on borrowing money soon. But how can you improve it?
3 Tips to Avoid Credit Card Scams
Criminals recently ripped off $10 million dollars from American credit cards… Yours could have been one of them. Been ripped off by a credit card scam? We’d love to hear about it and what you did to get your money back. Just click the comment link and share your story.
Home Buying Mistakes to Avoid
Home Buying Mistakes to Avoid If you are in the market to buy a home, getting pre-approved for a mortgage is one of the first steps to buying a home. However, a pre-approval doesn’t guarantee that you will ultimately get the financing if you have any change in your circumstances between the pre-approval application date […]