What Credit Is And What It Means

Your credit is your financial lifeline in this world. It tells the tale of how you have managed your money in the past, and financial institutions use it to foretell how you will handle your money in the future. [Read more]

Actions That Wreck Your Credit Score

Sometimes it is easier to know what not to do than to know what you should do. Often you know what you should do to keep your credit score high or to improve it, but do you know which actions are sure to ruin your credit score fast? [Read more]

100% Home Financing Using USDA Rural Development

For many Americans, owning their own home is one of those elusive dreams. Yet, financing to buy one might finally be within reach thanks to the Guaranteed House program offered by USDA Rural Development. [Read more]

More Credit Card Lenders Offering Settlements

If you’re like many other Americans right now, you may be facing a dilemma with your overdue credit card payments. Consider this. When the credit card company contacts you trying to collect on the balance, you could see if they’re willing to settle the debt for lesser amount—an amount that you might be able to pay back! [Read more]

Watchdog Group Calls For New Agency To Protect Consumers

In an upcoming hearing, the leader of a Congressional watchdog group plans to urge lawmakers to establish a new government agency that would be responsible for protecting consumers from unscrupulous policies and programs issued by banks and other financial institutions. [Read more]

The Price of Treasuries Experiencing Rebound

When the Federal Reserve bought up $6.5 billion debt as part of its plan to buy back $300 billion, the prices of government bonds rebounded by a considerable margin. [Read more]

Stocks Pare Gains After Fed Statement

As the Dow Jones dropped into the red again, the stock paired morning gains. Acknowledging the fact the economy was still weakened, the Federal Reserve chose to keep interest rates near zero. [Read more]

JPMorgan And Asset Backed Securities

Based on a report forwarded to the Down Jones Newswires, it looks like JPMorgan Chase & Co is set to sell a $1 billion credit card loan-backed deal on Monday, June 29th. [Read more]

Prudential Benefits From TALF

It sounds like Prudential Financial Inc., the nation’s second-largest life insurance group, is experiencing incredible gains from purchasing credit card debt using the Treasury department’s Term-Asset Backed Securities Loan Facility, TALF for short. [Read more]