All Posts Tagged With: "credit cards"
Pawn Stars — How To Win At Haggling
If it’s true that American Chopper is a metaphor for the workplace then there’s little doubt that Pawn Stars is its retail equivalent, a place where each week viewers get a chance to see the odd, the interesting and the way business really works. With the economy the way it is — driven into the [...]
21Sep2011 | Peter G. Miller | 0 comments | Continued
8 million consumers drop credit cards, improve mortgage standing
More than eight million consumers stopped using credit cards during the past year, a trend which will help people qualify more easily for real estate mortgages and reduce monthly living costs. A new study by TransUnion shows that the use of bank-issued, general purpose credit cards has fallen significantly during the past year. “This deleveraging,” [...]
30Nov2010 | Caroline H. Tucker | 0 comments | Continued
Bankruptcies Rise 32% in 2009, 1.5 Million Went To Court
Almost 1.5 million bankruptcies were recorded in 2009, a number up 32 percent from 2008 — and a number that was not supposed to happen. Huh? How come there were not supposed to be so many bankruptcies. Well, to put this as nicely as possible, the so-called Bankruptcy Abuse Prevention and Consumer Protection Act of [...]
16Mar2010 | Peter G. Miller | 0 comments | Continued
What Paperwork Do You Need To Get A Mortgage?
One of the biggest problems with the government’s Making Home Affordable loan modification program is that a large number of borrowers are making their payments but do not provide required paperwork — and thus are unable to permanently refinance their mortgage with a new and lower rate. Because they did not provide required paperwork these [...]
1Feb2010 | Peter G. Miller | 0 comments | Continued
Can I raise a mortgage down payment borrowing from credit cards?
Let us say you borrow $10,000 from a credit card, or jointly from several credit cards. You now have a debt item which must be reported to lenders. The debt requires monthly payments, and those monthly payments will reduce your ability to qualify for a mortgage. No less important, credit card interest is vastly higher [...]
30Aug2008 | Peter G. Miller | 0 comments | Continued
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