If you’re one of the 35 percent of college graduates facing long-term unemployment then it’s time to get organized. Money Crashers gives some tips to help you survive unemployment, including cutting all non-essential items from your budget, reviewing and prioritizing your debt and foregoing credit cards to help pay expenses. They also recommend checking your [...]
Credit Repair for Less Money!
Eliminate Debt & Raise Credit Score!
Why Bad Credit Scores Happen to Good People
We love seeing people earn high credit scores by practicing good credit habits. Unfortunately, Billy Bad Score is always lurking in the shadows, just waiting for someone to slip up by missing a credit card payment. Mistakes happen and credit scores sometimes suffer because of them. But we believe that a little knowledge can go [...]
Hong Kong Bankruptcy (Yes, It Happens There, Too)
Karson Oten Fan Karno, alias “Tutor King”, has just declared bankruptcy in Hong Kong. Fan , one of Hong Kong’s highest-earning English tutors, is facing debt of HK$35 million, about US$4.5 million. According to an article on www.thestandard.com by Serinah Ho, Fan said that his son had just been born and that he wanted to [...]
Be a Credit Clown: Bad Advice on April Fool’s Day
This just in: You can rack up an incredibly large amount of credit, never pay any bills down, disregard checking your credit scores and STILL receive the shiny new car or fantastic mortgage rate you have been dreaming off. APRIL FOOL’S! I’m a credit prankster by nature. Offering you false information and misconceptions just comes [...]
College Grads Filing More Bankruptcies
A rather alarming, recently-released survey reveals that college graduates are the fastest-growing group of consumers who have filed for bankruptcy during the last five years. Articles from The Washington Post and The Atlanta Business Chronicle report that a study by the Institute for Financial Literacy, a financial nonprofit organization, shows that the percentage of debtors [...]
Spring Training For Your Credit
If youre applying for a credit card, mortgage or even a job, your credit scores will ultimately decide whether you hit a home run or strike out. Even if you think your credit is in great shape, all it takes is one bad score to get you thrown out at the plate. Dont let that [...]
Phoenix Sees High Heat, Higher Bankruptcies
Phoenix, Arizona, has seen a 13% increase in bankruptcy filings in August compared to July, reports The Arizona Republic. The number of bankruptcies, however, is still lower than those experienced in the area during the same month in 2010. In an article on www.bankruptcyhome.com by Eric Sanderson, Chapter 7 bankruptcy accounted for 86% of the [...]
Rising Health Care Costs May Lower Your Credit Scores
With all of the risks associated with unpaid medical bills, knowing your credit scores and reports can help you avoid unwelcome surprises. FreeScore provides access to all three credit scores and reports from the three major credit bureaus. Youll be able to see whats affecting your credit and if there are any errors or signs [...]
Small Business Bankruptcies See Decline
A study by Equifax Commercial Information Solutions has discovered that the number of small businesses that have filed for bankruptcy protection has declined by 15.32% from the first quarter of 2010 to the first quarter of 2011. While this is certainly good news for the owners of small businesses, results of the study also saw [...]
Credit Debt Negotiation How to Legally Eliminate 50% of Credit Card Debt
With so many of us in credit card debt, it is hard to imagine a way out. But if you are one of the many hard-working Americans who has $10,000 or more, then now is the time to act. It might take you years, even decades to pay off your bills if you only make [...]
Recent Comments