Huge One day Deficit jump- $166 Billion (with a "B")

February 13th, 2015|

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

February 13th, 2015|

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

February 13th, 2015|

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

February 13th, 2015|

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?

February 13th, 2015|

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!

February 13th, 2015|

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!

February 13th, 2015|

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

February 13th, 2015|

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 [...]

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