16 Jul
Your credit score. It could be a dream come true or your worst nightmare. But most of the time it is sort of like that rude mother in law coming to pay you a visit at your house. You are aware 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. Read the rest of this article...
15 Apr
In the past couple of years, more consumers in a bad situation due to lost income have come to the conclusion that credit cards should be higher on the priority list than their mortgage payments on the prioritization list. As 2009 ended it was determined that twice as many consumers were delinquent with their mortgage payments while paying credit card payments than the other way around. Read the rest of this article...
12 Apr
In the heart of a recession, it looks like consumers are racking up more and more debt and spending more money than what they have. There are a good deal of reasons why credit cards could hurt you financially, but a debit card could be what is putting you over your financial means. Read the rest of this article...
28 Jan
Credit 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. Read the rest of this article...
