Like “payday” loans, in which you borrow against your next paycheck, car “title” loans, in which you borrow money against you car’s title, can get you into …

You see “free credit score” ads all over, including on this site, but they aren’t really free.   You can get free credit reports once a year, and there are even two sites we know of …

One of the constant complaints from borrowers with mortgage issues is that the lenders will not negotiate with them in any reasonable way.  They stall and ignore, and demand more and more copies …

The administration’s mortgage modification program is a little over one-year old.  It has helped roughly 228,000 people get five-year reductions in mortgage payments, and another 781,000 are in the trial period.  The …

Lenders are forcing foreclosures rather than making principle reductions:

Congressman Barney Frank, Chair of the House Financial Services Committee has argued quite persuasively that the only way we are going to end the problem …

A “short sale” occurs when the homeowner sells their home at current market value and the lender agrees to accept that amount in full payment of a home mortgage that is typically much …

If you cut through all the complicated qualifications and regulations for the administration’s mortgage modification and foreclosure prevention programs, there is one number at the center of everything.  If you understand this …

Since the beginning of this housing crisis many observers have argued that it will never be solved until lenders were willing — or were forced — to “cram down” the principle on the mortgages to …

If you have a debit card you may get a letter in the mail telling you that you are no longer protected from overdrafts unless you tell the bank that you want to sign up …

However, they do not limit interest or charges.

New rules took effect February 22nd, and more are coming in August.  They limit the ability of credit card issuers to raise interest rates on existing balances and …