Nov 2

Why a New Credit Card Study Isn't Really About Credit Cards

Posted in Credit Cards

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Why a New Credit Card Study Isn't Really About Credit Cards
My new study out this week from Demos and the National Council of La Raza (NCLR) looks at credit card debt in the Latino community. But it isn't ultimately about credit cards at all. Instead, it's a look at how our unemployment insurance system has …
Read more on Huffington Post

Data breach at Cleveland parking garage compromises dozens of credit cards
Ken Russo, director of support services for Datapark, confirmed in a city-issued statement that the company's financial security system had been breached, potentially compromising bank account and/or credit card information of those who have used the …
Read more on The Plain Dealer – cleveland.com

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Nov 17

Is the $30 billion that the government gave Bear Stearns as part of its bail-out really a “loan”?

Posted in Loans

Question by Alan G: Is the billion that the government gave Bear Stearns as part of its bail-out really a “loan”?
Seeing how Bear Stearns offered up $ 30 billion of its worst investments as collateral for this loan, does Bear Stearns really intend to pay it off? Or is there an understanding with government that Bear Stearns will default on that loan and leave the government holding junk when it forecloses on their worthless collateral? Isn’t this really a handout disguised as a loan?

Best answer:

Answer by scottie
no it’s the tax payers money gone down the drain again to help bush wall street buddies

Give your answer to this question below!

Sep 23

What kind of help is really available to people with “interest only loans”?

Posted in Loans

Question by rosesbloom7: What kind of help is really available to people with “interest only loans”?
On TV I have seen people that went to their lender, and have received inadequate information, and may lose their home.
Interest Only Home Loans

Best answer:

Answer by In the Kitchen
Go to your lender first and discuss the options they are offering. They don’t want to be stuck with your house.

What do you think? Answer below!