Archive for 'Credit & Debt'
Will the Government Protect You From Debt Collector Abuse?
Mar 29, 2011 - The Federal Trade Commission's recently released 2011 annual report paints a grim picture of the current state of debt collection abuse - but has high hopes for a new government agency that will potentially add a new layer of protection for consumers.
Federal Reserve Approves Rule Clarifying CARD Act
Mar 24, 2011 - Although the Credit Card Accountability, Responsibility and Disclosure Act has been around since 2009, Uncle Sam is still refining the rules. Here are some recent changes that might affect you.
Ask Stacy: How Do I Diversify My Credit Portfolio?
Mar 18, 2011 - To have the best possible credit score, it's a good idea to have more than one type of credit. But how do you go shopping for different types of loans?
Tips to Avoid the Top 10 Consumer Problems
Mar 18, 2011 - More than 1.3 million Americans complained to the Federal Trade Commission last year. Here's the list of top problems, with advice on avoiding each.
5 Tips to Pay Off Your Holiday Debt
Mar 15, 2011 - The average person with active credit still owed more than $4,000 at the end of last year. If you're carrying any debt, check out these expert tips for paying it off before the holidays come back around.
White House Mortgage Reform: How Changes May Impact Consumers
Mar 11, 2011 - The mortgage market is looking at big changes, and if the White House has its way, they could affect you the next time you apply for a loan.
Forgiven Credit Card Debt May Be Taxable
Mar 10, 2011 - If you negotiated a debt settlement in 2010 on the balance of your credit card account, you may owe taxes on the forgiven debt.
Ask Stacy: Should I Sign For My Fiance’s Car Loan?
Mar 04, 2011 - Mark's getting married soon, but in the meantime, his fiance needs a car. Which one of them should sign for the loan?
Changes in Interchange Fees Affect Consumers, Retailers, and Banks
Mar 03, 2011 - Retail lobbyists fought hard to win a limit on interchange fees - the charge retailers pay to banks to process debit card transactions. Their victory may backfire: Banks are now threatening to limit debit card transactions to $50-$100.
Ask Stacy: When is it OK to Walk Away?
Feb 25, 2011 - This reader is unemployed, has a home that's seriously underwater, and has $35,000 worth of credit card debt that she can't pay. What would you advise?
It’s “America Saves” Week: Our 10 Favorite Savings Posts
Feb 24, 2011 - Welcome to America Saves Week 2011. Are you doing your part by setting some money aside? If not, here's some help.
Attractive Rewards Still Available on Some Debit Cards
Feb 24, 2011 - While banks have been slicing rewards on debit cards, there are still some good ones out there - here are two examples.
CARD Act One Year Later: Are We Better Off?
Feb 23, 2011 - The CARD Act is approaching its first birthday, and many are calling the law a major success for consumers. But some think the celebration is a bit overdone.
5 Ways to Cash in on Borders’ Bankruptcy
Feb 22, 2011 - The future of the Borders bookstore chain seems dimmer than ever following their recent bankruptcy filing, but on the bright side, liquidation sales across the country mean great deals for consumers. Follow these tips to take advantage while the fire sales last.
Ask Stacy: Can I Make Money at Home?
Feb 18, 2011 - One reader wants to find a legitimate work-at-home job, and another wants to know if taking out a credit card will help her rebuild her credit history.
