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RECENT CREDIT HEADLINES

Credit Card Approvals Tighten Credit Card Approvals Tighten
Jun 13,2008 | It’s pretty much conventional wisdom now that it’s harder to get a loan.  Banks and other lenders reeling from losses in the mortgage industry are less willing to take a chance on new borrowe...
$2 Million For a Credit Counseling Center $2 Million For a Credit Counseling Center
Jun 12,2008 | In Atlanta, a 2 million dollar grant has been given to the Consumer Credit Counseling Service to help homeowners facing foreclosure.  This can be considered a kind of test market to see how succe...
Lawsuit Leveled Against CompuCredit Lawsuit Leveled Against CompuCredit
Jun 11,2008 | It’s hard enough getting by trying to fend off identity thieves.  There is evidence that some credit card companies are deceitful as well, if not downright fraudulent.  U.S. regulators all...

RECENT BLOG POSTS

McCain’s Credit Card Debt
Posted by: Gene M. | Jun 13,2008
Yes, I’m a confirmed Obama supporter, as well as a total political junkie (in addition to scouring the Internet for new credit and debt news). ...

Obama Hits McCain on Credit Cards
Posted by: Gene M. | Jun 12,2008
There was already evidence that Barack Obama was going to take on the credit card industry as part of his platform.  Back in December, when there...

Getting Out of Mortgage Debt
Posted by: Sophie H. | Jun 11,2008
I’ve implored here that people need to think about getting out of credit card debt before retirement whenever possible.  A new survey shows that...

RECENT FINANCE HEADLINES

CEOs Continue to Get Big Pay Raises despite Economic Downturn CEOs Continue to Get Big Pay Raises despite Economic Downturn
Jun 16,2008 | Despite the economic downturn, CEOs continue to get big pay raises, say reports. Chief executive officers are typically at the top of the job pyramid, and only answer to a board of directors. While ma...
Airline Travel Costs Keep Going Up this Summer Airline Travel Costs Keep Going Up this Summer
Jun 13,2008 | Airline travel costs will continue to rise this summer. In June news, Delta is cutting twice as many jobs as they originally anticipated in order to stay profitable. 4,000 employees have accepted the ...
Mom and Pop Businesses Clipped by Recession Mom and Pop Businesses Clipped by Recession
Jun 12,2008 | Family owned and locally based mom and pop businesses have suffered during the recession. Small business marketing, branding and rebates and rewards programs ensure that mom and pop businesses will st...

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Credit cards offer enormous financial flexibility, but also create the risk of going into debt. Credit cards have many advantages but they should be used in moderation.

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