Almost half of all homeowners have a fixed rate mortgage and another third have no mortgage at all, but for the 18% who have a variable rate mortgage, rising interest rates could be a problem.

NY …

If you can’t get your own mortgage, hire a husband and get someone else’s! NY Newsday reported on someone who did just that:

“Nassau police arrested a Hempstead woman accused of swindling $30,000 from her …

Back when I bought my first house (for $27,000), the mortgage business was a local business done by local banks, all of which used their own set of criteria for deciding whether or not to …

“American consumption has been the principle engine of economic growth in the world over the past decade,” says the NY Times, and in the porcess the United States has become the world’s biggest debtor.

We have …

Pawn shops have hit the big time. There are now national chains of pawn shops where you can bring in your valuables and get cash on the spot!

The biggest of these chains according …

The level of debt in America is astounding. According to the Center for American Progress, the typical (median) American family owes $97,000 on their home (up from $77k in 2001), $11,000 on their …

The whole student loan market is, as the Wall Street Journal points out in an artcile on June 15th, very complicated. But here are some things for you to consider.

After July 1, so-called “Stafford …

That is headline on NY Times magazine article describing what is probably a typical bankruptcy case. It is is the story of a young mother who got cancer and got divorced after the surgery. …

Economists figured that rising interest rates would make consumers cut back their borrowing in the first quarter, but those nasty consusmers fooled the experts yet again. Household debt grew at annual rate of 11.6% …

The first thing you should do, immediately, is place a “fraud alert” on your account at the three major credit reporting agencies.

With the recent theft of computers containing names and social secuirty …