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Loan Modification – Government And Borrowers Frustrated By Slow Acting Lenders
Recent press reports have shown a growing sense of frustration not just on behalf of borrowers trying to apply for loan modification, but also on the part of the government officials that worked so hard...
0 commentsCredit Card Company Woes Continue With A Contraction Of Consumer Credit
According to numerous recent news reports, credit card companies are looking at their options in the face of rising defaults and an economy that doesn’t seem as though it will enjoy significant improvement...
0 commentsWill Credit Card Debt Take The Financial Crisis Up Another Notch?
There are many financial experts and commentators expressing concern about the level of credit card debt and its potential to make the current economic situation significantly worse. Some envision a bubble...
1 commentDebt Reduction Coming Into Vogue As Economic Uncertainty Goes Global
Recent statistics indicate that the average consumer is becoming a bit more fiscally cautious and looking towards reducing debt. The concept of debt reduction is becoming quite popular these days as economic...
0 commentsStudent Loans and The Credit Crisis
With all the turmoil and struggle in the credit industries, it was only a matter of time before student loans were affected. Many of the primary lenders have made changes in their lending policies, with some...
0 commentsWise Consumers Need Not Fear the Mortgage and Refinancing Loan Market
The news coming from the financial pages is rather discouraging these days, a fact that has made many consumers leery of the credit markets. However, today's credit markets are not a fearsome place for those...
0 commentsMore Credit Card Debt and Mortgage Crisis Fallout: Stagflation In The News
As the housing market feels the pain of a sharp correction, taking place in the darkening shadow of the mortgage and lending crisis, with a quivering mass of credit card debt starting to look as though it,...
2 commentsDon't Let Holiday Credit Card Debt Ruin The New Year
This is the time of year that many people fall prey to the temptation to overspend, whipping out their credit cards to make up the difference between what the budget says they can buy and what they'd prefer...
0 commentsFederal Government Steps In With Foreclosure Prevention Plan
On Thursday, December 6, 2007, President George W. Bush announced his plan to offer a foreclosure prevention plan to qualified homeowners in the face of a wave of potential mortgage defaults...
4 commentsDebt Management During The Housing Bubble Deflation
The current economic situation, as influenced by the housing correction and the mortgage and lending crisis, has affected some of the debt management options that people seeking to bring their personal...
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