Articles in 'Credit Issues' Category

Bank or Credit Union? You Decide

from MintLife Personal Finance News & Advice
 
Labeled as profit mongers who invent outrageous fees and give mediocre customer service, banks have not made a good impression on consumers. As a result, many of us end up looking for alternatives. One option: a credit union.
 

Foreclosures impact kids, communities

from Moneywatch Personal Finance
 
Children could be prevented from realizing their potential in school and, eventually, the labor force as consequences from the problem of home foreclosures last for years, a pair of Federal bank officials say in a conference on neighborhood stabilization.
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Jennifer Waters’s Consumer Confidential: New credit-card tricks snare consumers

from Moneywatch Personal Finance
 
Just when you thought it was safe to trust your credit-card issuer again, along come new warnings about how they might be scamming you, reports Jennifer Waters.
 

David Callaway: Mrs. Watanabe corners global currency market

from Moneywatch Personal Finance
 
In Japan, where stocks have been out of favor for 20 years and the yen is sacrosanct, lives Mrs. Watanabe. She’s a mythical housewife representing thousands of small Japanese investors, and Dave Callaway argues that global central banks ought to keep a closer eye on her.
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Creative Financing Tips for Small Businesses

from MintLife Personal Finance News & Advice
 
Financing a small business is rarely an easy task. Unless you have spotless personal credit, getting a corporate credit card will be difficult. Without a large savings account, bootstrapping is also problematic. So what’s a creative-minded entrepreneur to do: give up? Of course not. [...]
 

Building our dream life

from Dave Ramsey News
 
My husband and I got married August 15, 2009. We decided to do total money makeover when we got engaged ( a year ago) and really take responsibility financially as a couple. Almost a year later, we have paid off all our credit cards (~ 22,000) and paid for our wedding (~20000). [...]

Just One Debt at a Time

from Dave Ramsey News
 
My husband and I have been married 14 years and have never been debt free. Sure, we were ALMOST debt free a few times, but would sabotage ourselves one way or another. We would be out shopping and see a ‘want’ and convince ourselves we would put it on a credit card. [...]

Debt Free Before Pediatric Cancer

from Dave Ramsey News
 
Dear Dave,
God works in funny ways sometimes. We sometimes do things thinking they are for one reason (like getting out of debt) only to find out they are really for another reason (to take care of a child).
We started your program back in September of 2007. We were over 100K in debt, [...]

The New Generation of Bank Fees And How to Avoid Them

from MintLife Personal Finance News & Advice
 
recent financial sector reforms have largely outlawed these practices. And while consumers are no doubt jumping for joy, the banks are not quietly accepting the loss of billions of dollars in annual profit. Instead, they have already rolled out a series of new (and perfectly legal) fees, ranging from [...]

For The Unbanked, a Second Chance

from MintLife Personal Finance News & Advice
 
Surely you’ve heard that there are a lot of people in the US who don’t have a bank account. The “unbanked,” as they’re called, feature in all sorts of political arguments—about predatory lending, about personal responsibility, about the state of America’s finances. [...]