Credit delinquency rates are at all-time highs according to the American Bankers Association.
According to an article on Reuters, U.S. consumers are falling behind on loan payments at a faster rate than has ever been seen before.  The mounting number of job losses is seen as a major reason why delinquent payments hit an all time [...]

Credit card companies are frantically taking drastic actions in their attempt to “work around” the new credit card legislation that will restrict their ability to randomly raise interest rates and hit credit card consumers with surprise fees.  Already credit card consumers are beginning to scream foul. An article in the NJ featured a distraught credit [...]

Don’t fall for credit repair scams when trying to rebuild your credit.
For the last year, almost every economist and politician has developed a theory on who or what is to blame for our current recession.  The reasons range from government inaction to the foreclosure crisis.  Regardless of how it started, the recession is still here [...]

Consumers affected by drastic changes in credit ratings.
More and more people are receiving the pink slip, but not just from employers.  It seems that the credit card companies that were once so eager to be your friend and trusted financial advisor are also letting people go, or at least significantly reducing the welcome status of [...]

Your guide to home ownership after bankruptcy.
Purchasing a home after bankruptcy is easier than most people think.  In Fact, in as little as one and half to two years you can be ready to buy again.
The first step in getting prepared to buy a house is to start getting your credit in order.  It usually [...]