With both debt default and an increase in illegal collection tactics on the rise, consumers appear jumpy for a quick get-out-of-debt solution. Banks, collection and credit repair agencies and even the court system know this and remain one step ahead of your motives. Here are our top four worst ways to deal with impending debt [...]

As millions of Americans are being faced with foreclosure, short sales have become a quick way avoid this disastrous financial tumble. So if you find yourself in a mortgage pinch with no where left to turn with the house, how do you navigate a short sale? Obviously, you have are considering a short sale because [...]

The financial meltdown affected millions worldwide, serving as a wake-up call for those overextended in personal credit. Some of the best lessons learned are the hardest lessons learned. Here are four you will never forget. Lesson #1: Stop carrying unsecured debt. Credit cards fall into this category. With the CARD Act now into full swing, [...]

The economy is predicted to grow 2.5% in 2010, according to this Wells Fargo market outlook designed for investors. Inflation will increase another 2% due to slow lending and the fact wage inflation is moderating. The stock market has also only recovered half of its losses with a modest return of 6-8% predicted on investment [...]

Get ready for what you know about credit cards to change: The bulk of the Credit CARD (Credit Card Accountability, Responsibility and Disclosure) Act of 2009 went into effect on February 22, 2010. These disclosure laws are aimed to protect consumers, so it’s in your best interest to brush up what will affect your credit [...]

FICO 8, NextGen, Vantage Score, Experian – how do the various scores from different credit agencies add up? How do we keep them all straight? And which are most important? The most familiar credit agencies are Equifax, Experian and TransUnion. First on the consumer financial scene, these credit bureaus today still provide us with credit [...]

There’s a new buzz word hovering over our real estate bubble: Greenurbia. A little bit eco-friendly, a little bit urban, and you’ve got a new term that explains what the house-dwelling future of tomorrow is going to look and feel like. The future of the economy – the year 2050 to be exact – will [...]

What’s an emergency fund and why is it so important every family or person have one? When (not if) something financially unfortunate pops up in our life, like a car repair bill or job loss, reaction is to mend the problem with the plastic in our wallets, which is a big no-no. Yet with an [...]

Time Magazine recently covered an article about how the BB&T Corporation takeover of Colonial BancGroup is the third best business deal in all of 2009, in their opinion. The story, explaining how this little unknown bank has grown from about $5 billion in overall assets to approximately $163.5 billion in twenty years, was covered here [...]

Consumers were expected to carry more cash and less plastic this past holiday shopping season. The recession had shoppers worried about post-holiday credit card debt, which was predicted to decrease 5% from the following year. Yet are you feeling the backlash of holiday spending in the form of credit card bills? Despite the predicted cash-only [...]