http://www.pcbs.org Credit cards, free credit reports and debt consolidation Fri, 03 Jul 2009 12:50:45 +0000 http://backend.userland.com/rss092 en 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. The company is spearheading the self-directed sell off just a short time after the recent Citigroup credit card ... http://www.pcbs.org/jpmorgan-and-asset-backed-securities/ 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. Prudential executive VP in charge of US businesses, Bernard Winograd spoke about the turn of event is a ... http://www.pcbs.org/prudential-benefits-from-talf/ At what point do credit cards go from being an asset to a liability? Everyone knows about the advantages that a credit card can offer. They can provide a buffer in the case of an emergency where you find yourself with no cash. They can be safer to carry around ... http://www.pcbs.org/improper-credit-card-usage-and-how-it-affects-you/ One thing is consistent, from the highest CEO with a seven-figure annual salary to the regular factory worker working a 9 to 5 job and living from paycheck to paycheck - everybody needs a home. However, in today's economy, many people are worrying about whether or not their diminished credit ... http://www.pcbs.org/can-bad-credit-leave-you-homeless/ It's no secret that the economy at the moment isn't in the best of conditions. People are finding their bank accounts dwindling or, in the worst cases, totally drained of funds. Is it any wonder that when you slide your card at the store and hear those words, "Is that ... http://www.pcbs.org/the-temptation-to-use-credit/ The Armonk, New York-based MBIA, the largest bond insurer in the country, has filed two lawsuits against two separate Merrill Lynch & Company businesses for selling protections against mortgage-debt defaults. The suit was filed with the New York State Supreme Court. The purpose of the legal action was meant to ... http://www.pcbs.org/mbia-files-suit-against-merrill-lynch/ People who are looking to recover financially have a lot to consider when it comes to rebuilding their lives. Even for those who aren't bankrupt, they have to figure out what they're going to do about their debt and how to manage it in a way that works with their ... http://www.pcbs.org/credit-reports-are-essential-to-financial-recovery/ A certain conflict is arising among the big lenders when it comes to the home-buying market, one of the last bastions of solid, reliable investment, in this age of economic setbacks. Under the mortgage modification plan set forth by the Obama administration, Bank of America and JP Morgan will face ... http://www.pcbs.org/mortgage-conflicts-on-the-rise-between-bank-of-american-and-jp-morgan/ In the midst of one of the states that ranks the highest among American states in terms of average credit card debts among the citizens, the city of Austin has reached a new high. With debts reaching an average of 6,479 dollars each, Austin has surpassed the Texas state average ... http://www.pcbs.org/austin-offers-an-anomaly-in-nationwide-credit-ratings/ The economy was doing pretty well for the most part in the past several years. The booming 90s led into the 21st century, and although the acts of September 11th threatened the stability of the market, the country has succeeded in getting past that tragedy and finding financial success with ... http://www.pcbs.org/improving-your-credit-score-is-more-important-than-before/