Consumer credit card rates continued to climb this week as quarter-point rate increases from several major banks were applied, according to the weekly IndexCreditCards.com Credit Card Monitor. Business credit card rates remained steady. Bank of America and Wells Fargo instituted a quarter-point increase to the APRs of most consumer cards, with a handful of smaller [...]
Nobody can predict what is going to happen in the future, but it is possible to ensure that the choices that are made today are informed decisions which benefit the current situation. Ask Financially was launched in 2004, by Ask Developments, offering the public free, independent information to assist with a range of financial and [...]
San Diego bankruptcy lawyer D.J. Rausa was elected by the members of the San Diego Bankruptcy Forum to a second term on the Board of Directors. Mr. Rausa, the owner of The Law Offices of Rausa & Mason (http://www.rausamason.com), will sit on the education committee, allowing him to help create educational programs for San Diego [...]
Tuesday’s hike in federal interest rates — the fourteenth straight hike from the Federal Reserve — helped push the average credit card interest rate past the 13 percent mark, according to the weekly IndexCreditCards.com Credit Card Monitor. Major credit card issuers including Bank of America, Citibank, National City, US Bancorp and Wells Fargo announced increases [...]
Studies are principally hampered when the debt burden on students increase. While employed individuals would have easily countered the situation through debt consolidation loans or alternative debt management techniques, things are not as rosy for the student debtor. Absence of a stable income and credit history makes students ineligible for debt consolidation loans. It is [...]
Consumer bankruptcy filings are once again on the rise climbing 50% in each of the first three months of 2005 after seeing a significant drop off in the fourth quarter of 2005.
Amidst the still-anemic labor and housing markets, the piggy banks of some Americans are growing healthily, according to an informal online poll conducted by leading financial education Web sites MoneyRates.com and GetRichSlowly.org. Of the 1,629 site visitors who participated in the poll, 30 percent reported saving more than a quarter of their income each month, [...]
NationalCreditReport.com, a leader in credit report, credit score and credit monitoring services, reminds consumers that there are many things that might seem like a good idea when working to get a good credit score, but consumers should do their research before taking any steps that might cause credit report damage.
OutOfBankruptcy.com, the leading provider of home loan options for quick debt solutions, today announced the launch of its new website: www.outofbankruptcy.com. OutOfBankruptcy.com provides homeowner debt solutions people looking to avoid bankruptcy or consolidate debt. According to the FDIC, the U.S. personal bankruptcy rate has risen to a historically high level with over 1.6M bankruptcies filed [...]
The BBC today announced that they have found in a recent survey that nearly half of all repossessions come from the sub-prime mortgage market. Many people who have debt issues have mortgages with sub-prime lenders. The sub-prime mortgage market makes up around 6% of total mortgage lending, according to the BBC Web site. Sub-prime mortgage [...]