Huge One day Deficit jump- $166 Billion (with a "B")
The US deficit jumped $165,931,038,264.30 on one day last week (June 30), making it the 3rd largest daily increase to the deficit in US History. According to Stephen Dinan: The [...]
New Record Low for Mortgage Rates
According to a new survey released by Freddie Mac announced the lowest 30 year mortgage rate at 4.57%. These mortgage rates are linked to the yields on Treasuries and also [...]
How to deal with the Old Debt…Zombie Debt
Sometimes old debt that you thought was long ago dead and forgotten comes back to haunt you. A scary practice performed by junk debt buyers and collection companies is the [...]
Warning for "Buy and Bail" homeowners
We are living in crazy times! There appears to be an over abundance of homeowners on the horizon that are looking to “buy and bail”. Talking with many mortgage brokers [...]
Small Businesses lending getting easier?
According to the Federal Reserve the lending to small business those companies with under 50 million in annual sales is getting easier for the first time since the latter part [...]
Collection Companies are a pain!
Why would anyone be interested in reading about credit report collections? Well, most the time it’s because you have been denied credit and have ordered the credit report to see [...]
Transunion Lawsuit…time to cash in is running out!
The credit reporting agency, Transunion settled on a class action lawsuit by setting aside 75 million dollars nearly 2 years ago. Now, this amount is but a drop in the [...]
FICO showing fewer car loan defaults
It’s true, new car loan defaults are decreasing! It’s also true it doesn’t take much of a rocket scientist to understand that by tightening down the lending criteria for consumers [...]