HOPE for Homeowners
Many homeowners are facing the difficult challenge of meeting their monthly mortgage payments due to changes in the economy. But there is HOPE and a wealth of information on how to get help. A good place to start is www.makinghomeaffordable.gov where they explain, “The Obama Administration’s Making Home Affordable Program includes opportunities to modify or refinance [...]
read moreFinancial Counselors Help Those Who Help Themselves
Before any financial counselor can help you, they are going to need some basic information. And if you’re paying this financial counselor for his or her time by the meeting, it will save you both time and money if you take the steps necessary to gather the information they’ll need. That way, you’ll have a [...]
read moreCredit Card Offers Again Cramming U.S. Mailboxes
They’re back. After a short recess during the darkest days of the recession, credit card offers are starting to multiply like rabbits in U.S. mailboxes. Banks, department stores, specialty stores, airlines, gas stations, hardware stores, home centers — it seems like everyone you do business with has a branded credit card and won’t rest until [...]
read moreRestrictions on Bank Overdraft Fees Kick In
It’s a whole new ball game. New restrictions on bank overdraft fees mandated by the financial reform bill kicked in Sunday. Depending on how careful you are about keeping track of your bank balance, the new regulations are both good and bad. Banks can no longer charge customers overdraft fees unless you opt into the [...]
read moreFinancial Counseling Helps With Denial
Many of us may fail to take a comprehensive look at our finances while things are going relatively well. As long as we can make all the payments and have a little left over for fun, we may not worry much about what we’d do in case of emergency, unemployment or our retirement. But when [...]
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