Author Archive

Small Business Loan Options From The SBA And Major Lenders–Are Improvements Being Seen In Some Areas?

10/11/2011
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The topic of small business loans has been one that has had ups and downs over the past months, as there have been programs implemented to help small businesses better access funding for their company, but there are also some reports that have been released here in the past few weeks indicating that some...
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Posted in Banking/Finance, Business | Comments Off

Recent Citigroup Permanent Home Loan Modifications Increase In Offers Made For Homeowners

10/11/2011
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Homeowners with Citigroup or any homeowner pursuing a federal home modification will obviously have the ultimate goal of getting a permanent modification on their home loan when this could potentially help them avoid foreclosure, and it was recently reported by the Treasury Department that Citigroup was one of the servicers that did see an...
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Consolidating With Credit Cards Offering Transfer Options Open On Multiple Cards But When Are Consumers Benefitting?

10/11/2011
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Consolidating debt for consumers has been one route that some are using as a way to get a more affordable payment on certain debts, but the debate over whether consolidating is right for consumers continues as there are those who argue against consolidating debt, even if an affordable interest rates on debt consolidation loan,...
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Consumers Seeking A Car Loan With An Affordable Interest Rate May Face Debt Problems And Higher Bad Credit Costs

10/10/2011
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Opportunities for consumers to acquire a car loan are still widely available as there are some indications that even borrowers with an unfavorable credit score still have financing options, but we have also seen reports that types of debt specifically related to various loans have seen increases recently and, in the area of auto...
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Delinquent Mortgage Issues Increase And Remain A Hindrance For Homeowners Seeking To Avoid The Loss Of Their Home

10/07/2011
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The Treasury Department has stated that there were increases that had been seen in the area of delinquent mortgages homeowners are facing as of the second quarter of this year, which indicates that homeowners are not only missing payments on their home loan but may also be seeing trouble when a modification is also...
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Consumers Seeing More Personal Debt And Seeking Relief Payment Plans–Mistakes Made With Avoiding Early Resources

10/07/2011
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Consumers who are seeing more personal debts through either loans or credit cards are often in a position where either budgeting or debt relief payment plans are being explored as a way to help these consumers avoid missed payments, damage to their credit, or generally as a way to help them find more money...
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Reward Credit Cards Being Used By Consumers For Financial Benefits–Rates And Fees May Outweigh Perks Of Some Cards

10/07/2011
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In some areas of credit card lending consumers are seeing looser lending practices by banks which may make access to different types of credit cards more available, and this has led to some consumers looking into reward credit cards as rates that are currently available here in early October may be in the range...
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Help With Credit Card Debt Payments For The Unemployed–What Cardholders May Need To Get Relief From Creditors

10/05/2011
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Ideally, unemployed cardholders who are struggling to repay certain debt obligations like their credit cards would be in a position where forbearance will be offered for a set period of time, but this is not always an opportunity that men and women have seen when financial distress arises. However, this does not offset the...
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Posted in Banking/Finance, Unemployment | Comments Off

Impacts To High Interest Checking Account Opportunities From Recent Changes And Offers For High Checking Rates

10/05/2011
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Consumer banking has seen some changes over the past few weeks and months as there are indications that checking accounts are being altered as a result of certain changes coming or already set in place that may make opportunities like free checking less available to consumers in the future, but there are questions as...
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Paying Off Delinquent Personal Debts After Financial Setbacks–How Consumers Are Avoiding Collection And More Damage To Their Credit

10/04/2011
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When it comes to paying off personal debts some homeowners saw a great deal of financial setbacks when the recession began, but as there are still issues like unemployment hindering homeowners to this day, and problems with personal debts, be they home loans, credit cards, personal loans are still dragging down the financial stability...
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