Earning high interest on savings and investments is obviously the primary goal of any consumer or investor, but for those who turn to options like high interest savings accounts or alternatives like CDs and money market accounts, questions over the earnings a consumer has the potential to see, the use of a particular savings...
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Homeowners with Bank of America who were unsuccessful in acquiring a modification may have pursued a short sale or even a deed in lieu of foreclosure plan, and there are reports that these plans for homeowners who specifically either had there trial modification canceled or were not offered at trial modification upon applying, have...
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Last week one of the major topics for underwater homeowners surrounded changes to the federal Home Affordable Refinance Program, but as this is an in-depth subject, many consumers are still looking at what may available to them, and how this particular program could potentially help if they qualify for refinancing options. Yet, what consumers...
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Continual offers for balance transfer credit card options are helping consumers when it comes to consolidating debts and, at times, at a low interest rate but as we have seen here in the month of October, and likely will see into November in the coming weeks, there are some cardholders who may benefit from...
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The issue of debit card fees on various accounts have lead some consumers to consider switching banks and, over the past few days we have seen that there are many men and women who believe that turning to either an alternative financial institution outside of their bank or a nonprofit credit union could potentially...
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Bankruptcies for Citigroup homeowners saw mixed results in the latest Treasury Department reports for homeowners who were not successful at finding help through the federal Making Home Affordable modification program. Yet, this cumulative total that has been tracked for two categories of homeowners did see both positive and negative results as bankruptcies increased for...
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As we have seen some reports here October indicating that credit card debt and late payments may be a problem once again for some, there are mixed opinions on the severity of the situation as some credit card late payments may not be severe, but there are still issues which have arisen that led...
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Debt repayment strategies by consumers often differ and we have seen some who are still sticking to consolidation loans as a way to group all of their debts together and potentially get a more affordable monthly payment, particularly if these individuals qualify for a low rate on a consolidation loan. Personal loans for consumers...
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The total number of trial modifications that have been started or offered by Bank of America have seen different results according to the latest Treasury Department reports, and these numbers can give homeowners a better idea of how this particular servicer is faring in terms of offering these types of assistance opportunities to homeowners...
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Recent information from the Treasury Department has shown that GMAC Mortgage saw improvements in the number of short sales and deed in lieu of foreclosure programs that were offered to homeowners who were unable to qualify for a permanent mortgage modification plan from the federal HAMP initiative, which has been helpful in some cases...
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