Foreclosure prevention a big disappointment so far.

In December (see Will you qualify for a mortgage bail-out under new plan?) the administration announced a new program to help save people from foreclosure on their houses. People were told to call a phone [...]; . . . → Click Here to Read the Full Article

They can’t attach your social security check, but they do. How to fight back.

Federal law forbids attachment of your social security check, and if a lender takes you to court for money you owe, the court will not count your social security check in figuring out how much you [...]; . . . → Click Here to Read the Full Article

One more way for credit card issuers to scam you?

Twice in the last three months the following has happened to me:

My bank says that it paid a credit card bill electronically on a certain date. In one case the date was the actual [...]; . . . → Click Here to Read the Full Article

Fed lowers rate, but 30-year mortgage goes up

You’d think that with the significant interest rate cuts being executed by the Federal Researve Bank, that banks (who are the beneficiaries of lower federal rates) would lower their mortgage rates. But not so. [...]; . . . → Click Here to Read the Full Article

Credit card issuers tightening requirements, raising fees

The Wall Street Journal reports that the big credit card issuers like Citigroup and Bank of America and Capital One are taking steps to limit their exposure to credit card debt. The steps they are [...]; . . . → Click Here to Read the Full Article