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Archive for the ‘Credit News’ Category

2010 Rules for Credit Card Issuers

Icon Written by randall on February 18, 2010 – 2:47 pm

On May 22, 2009, President Barrack Obama approved a series of rules that make major changes to practices within the credit card industry. Here is a list of the 10 key changes of the new credit card rules. The rules listed take effect until February 22, 2010. 1. No interest rate increases for the first [...]



Short Sale VS Foreclosure and Bankruptcy

Icon Written by randall on February 4, 2010 – 12:55 am

If you are facing the prospect of losing your home or an investment property your next decision is critical.  Are you asking yourself, “Should I give my house back to the bank and let the bank foreclose, or should I negotiate a short sale?”  ”What is the right decision?”  ”Which affects me more?”   Or [...]