One good thing to come out of the 2008-2009 recession is that many Christmas shoppers are changing their habits and attitudes about carrying significant amounts of credit card debt.
Financial experts have long preached the dangers of spending more than one can earn. In the past consumers have often neglected this sage advice as they [...]
When you have multiple debts, paying them off is often a long process. Moreover, it becomes quite difficult to decide how to divide your payments amongst your creditors. In such a situation, you can take help of debt consolidation, with the help of which you can repay your debts just by making a single payment [...]
This is a guest post from Jay S. over at jinij.com the personal finance for dummies blog.
Do you have an “unexpected account”? Being on a budget is a constant thing, all your money has to be accounted for at all times. You have to plan for every little thing the best we can and sometimes [...]
Hit hard by the implosion of the housing market, several states are considering filing lawsuits again major mortgage lenders, charging them with fraud. States such as Arizona and Florida have been frustrated with banks’ inability to slow down or prevent foreclosures and their unwillingness to handle mortgage modifications. States can now take action [...]
Despite the intense debate currently swirling around the government-run health insurance option in health care legislation that is making its way through Congress, most Americans will not have access to this plan if it does pass. Even under the most expansive versions of what has come to be known as the “public option”, 90 [...]
While the stock market has been going gangbusters recently, many analysts are growing increasingly concerned that a downturn is looming. There are several factors that will determine how bad the downturn will be.
The financial, real estate, and homebuilding sectors have led the market’s recovery since March. If the stock market run is to [...]
Proponents of health insurance exchanges testified on Capitol Hill earlier this week, saying that these entities could be a key for helping small businesses weather the recession. Health care costs have forced many small businesses around the country to cut back on employees. Insurance exchanges, as proposed in legislation approved by the Senate [...]
Financial giants Citigroup and JPMorgan are being sued in U.S. District court for allegedly conspiring with education finance company Nelnet to illegally recruit student loan borrowers. The lawsuit charges that all three companies received federal student loan subsidies by making false claims.
The civil action suit was originally filed back in May 2008, but the [...]
A huge amount of money is riding on which technology will power the car of the future. While the internal combustion engine, at least in its present form, is certainly on the way out, a range of technologies is vying to become the power source of choice for the next generation of automobiles. [...]
Once upon a time Saturn was an emblem of what American carmakers could be: independent, creative, and straight dealing. Saturn offered customers basic transportation with good mileage and – a first at the time – a fixed price, no haggle policy. At its founding Saturn boasted that it was a “different kind of car, [...]
If you live in California and you own one of the following cars – watch out! Thieves may have their eye on your vehicle. If you are shopping for car insurance on one of these automobiles, be aware that your insurance premiums are likely to be much higher than for models that are [...]
