Congress Taking Action In Subprime Fiasco - The Boston Globe reports Congress is working on some proposals to change mortgage practices to keep a similar situation from happening in the future.FHA is being pushed to offer some...
Homebuilders and Auto Lenders Feel The Credit Crunch - I wonder just how many industries will be affected by the "credit crunch" resulting from what I'm calling the subprime mortgage fiasco.Reuter's reports 66% of homebuilders are hurt by more...
Credit Limits May Decrease Following Subprime Credit Crunch - The ripples from the subprime mortgage fiasco have not stopped spreading. Credit card delinquencies are rising and credit card issuers are taking action to protect themselves.In CNN Money, Curtis...
Delinquencies Reach The Credit Card Industry - It started with mortgage defaults, now bad credit habits are effecting credit card companies as well. According to Fox News, credit card delinquencies are rising and issuers are feeling...
Five Principles of Making Credit Card Payments - Whether you have 20 credit cards or just one, there’s some decision-making involved with making your monthly credit card payments. Let’s say you have $600 to spend on credit card payments...
"...What Happens When You Lend To Poor People" - Those are the words of Michael Lewis who documents his "lessons" from the subprime mortgage debaucle. Lewis, who apparently loaned money to some subprime borrowers, says... "I trusted these people...
How To Prepare For A Loan Application - When you're getting ready to apply for a loan, it's important that your credit is in the best shape possible. Order a copy of your credit report at least six months...
Congress Taking Action In Subprime Fiasco - The Boston Globe reports Congress is working on some proposals to change mortgage practices to keep a similar situation from happening in the future. FHA is being pushed to offer some...
Homebuilders and Auto Lenders Feel The Credit Crunch - I wonder just how many industries will be affected by the "credit crunch" resulting from what I'm calling the subprime mortgage fiasco. Reuter's reports 66% of homebuilders are hurt by more...
Credit Limits May Decrease Following Subprime Credit Crunch - The ripples from the subprime mortgage fiasco have not stopped spreading. Credit card delinquencies are rising and credit card issuers are taking action to protect themselves. In CNN Money, Curtis...