FTC Goes After 33 "Credit Repair" Agencies
Thursday October 30, 2008
Earlier this week, the Federal Trade Commission (FTC) announced plans to target 33 credit repair agencies who violated both the FTC Act and the Credit Repair Organizations Act (CROA). According ... Read More
Think Your Credit Report's Right? You Could Be Wrong
Tuesday October 28, 2008
Don't take for granted that your credit report only contains accurate information or that errors will somehow correct themselves. It's up to you to check your credit report periodically to ... Read More
Good Credit's Your New BFF
Thursday October 23, 2008
I have to admit, here and there, I've been watching episodes of the MTV reality tv show Paris Hilton's My New BFF. It's kind of corny, but it's funny watching ... Read More
Credit Cards: Use 'Em or Lose 'Em
Friday October 17, 2008
Yet another side effect of the credit crunch - credit card issuers are closing credit cards that haven't been used. If you have some credit cards in your wallet, that ... Read More
U.S. Debt is Too Big for the Debt Clock
Wednesday October 15, 2008
Most digital clocks take an entire 60 seconds to make a change. But not the National Debt Clock displayed in Manhatten. The clock was put up in 1989 by real ... Read More
Amex May Reduce Your Limit Because of Other Customers
Tuesday October 14, 2008
As if "market conditions" wasn't a good enough reason to cut your credit limit, American Express, one of America's largest credit card issuers, is lowering credit limits because of what ... Read More
I Know Why You Haven't Started Repairing Your Credit
Saturday October 11, 2008
"I know why you haven't started repairing your credit" sounds a little like the title of a teen slasher movies. Having bad credit is as excrutiating as sitting through one ... Read More
Paying Less Than the Minimum? You're Late
Wednesday October 8, 2008
When you can't afford to make your minimum credit card payment, you might be tempted to just send what you can. If you've ever done it, you were probably shocked ... Read More
Facing Foreclosure? There's Hope for Homeowners
Wednesday October 8, 2008
Though it's not $700 billion, homeowners will get somewhat of a bailout. The Hope for Homeowners program, which is expected to save an estimated 400,000 homeowners from foreclosure, went into ... Read More
What the Bailout Means for Your Credit
Thursday October 2, 2008
If approved, the proposed $700 billion bailout will be the largest one in history. Proponents are hoping the bailout heals the economy and prevents Wall Street from falling apart. What ... Read More
One Day Late, Your Credit Limit Will Drop
Wednesday October 1, 2008
In the past few months, several credit cardholders have had their credit limits slashed, but I haven't heard anything like angie's recent experience:
Washington Mutual dropped my credit card limit from ... Read More

