As of February, 2010, banks will be restricted in their ability to issue credit cards to people under 21 who do not have “independent means” of paying the bills.  That leaves many college students in …

Average credit card interest rates rose to 14.43% in May according to the Federal Reserve as credit card issuers get ready for the new rules from, the Credit Card Act of 2009 taking effect starting …

As I wrote in my last BLOG entry, the new administration foreclosure prevention program encourages lenders to reduce mortgage principle by up to 30% (called a “cram down”) in order to bring payments down to …

If your mortgage is held or insured by the Federal Housing Administration (your servicer will know) you may now be able to get a reduction in mortgage principle of up to 30%, at least for …