Perhaps the single most common lie in the credit and debt business is the line. “If you don’t pay this bill, your credit will be ruined.” This lie comes in many forms. …

Foreclosures are up. Way up. If you fall behind on your mortgage you may get caught up with this process. If you do not stop it you could lose your house.

You …

I was talking to someone the other day who enjoys beating the bill collectors at their own game. When he gets a substantial bill he thinks is too much or unfair, he simply does …

Fear drives the market and a new group of services are being marketed to those who have become afraid of identity theft. But keep in mind that you can do several free things to …

The Wall Street Journal reports that a former advertiser is suing “Bankrate.com” a popular online mortgage resource. The suit accuses the site of allowing its web site to be used for “bait-and-switch” loan …

The Federal Reserve reports that consumer borrowing was up again in May, but not by as much as it grew in April. Total credit was up $4.4 billion to $2.17 trillion. Revolving credit, …

Credit card banks are required by law to act in your behalf to straighten out problems with vendors who charged items to your bill, IF (and only if) you follow a specific procedure to complain. …

My banker called the other day to talk to me about my Adjustable Rate Mortgage (ARM). He knew I was about to get a letter with my new interest rate and he was sure …