Homeowners with Bank of America seeking a trial modification plan for their home loan payments may have seen that recent data indicated there was a decrease in the number of active trial modifications that Bank of America had in place, as of August, and when servicers see decreases in this area it leads to...
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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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Recent changes that have been reported from many major banks regarding their fee structures and how consumers will be charged for using certain types of accounts have led some to consider other financial institutions for their banking needs, and when it comes to looking into savings accounts, specifically high interest savings accounts, there are...
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Unemployed homeowners in states that have an unusually high level of joblessness, specifically like Nevada, California, and Michigan, are continuing to offer financial assistance for these homeowners through various foreclosure prevention options that are alternatives to some federal programs, but despite the popularity that some of these plans have seen, homeowners still remain unaware...
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Reports have indicated that lenders are offering more access to borrowers with a bad credit score as a result of certain factors that are currently in place that have led to some creditors seeing lower levels of credit card use by certain consumers. Bad credit borrowers are usually in the position where they are...
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Debt relief assistance programs or simple changes in financial habits of certain consumers may be the reason that we have seen recent reports that, as of August, consumer debt from both non-revolving and revolving credit and decreased, which many feel to be a sign that consumers either can’t or won’t spend and, as a...
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