December 13 2009

The Lure of Store Credit Cards, and the Hook

A 15 percent deduction, or no interest payments fitted 18 months, sounds enticing, but there are some other things you extremity to know about store-marque credit cards.





December 13 2009

Short Sales, a Long Process

Mod guidelines for how second-lien holders capacity be paid in short sales are expected to ameliorate the process for homeowners and banks, but they don’t go into effect until April 2010.





December 12 2009

Americans Owe Less. That’s Not All Good.

Some Americans procure paid down their credit cards and mortgages, but much of the shrinkage in owing debt is a result of bank write-offs.