Archives
Cutting Edge: Bank of America Ends Overdraft Fees
Written on 11 Mar, 2010 at 19:53 in B.E. Exclusives, Credit & Debt, Personal Finance | viewed 276 times | 11 Comments
Bank of America customers say sayonara to overdraft fees.... (Continue reading)
Credit Card Reform Starts Today
Written on 22 Feb, 2010 at 17:00 in Consumer Affairs, Credit & Debt, News, Personal Finance | viewed 527 times | 0 Comments
The landmark legislation that Obama signed in the spring of 2009 that was designed to protect consumers from abusive credit card practices went into effect Monday. ... (Continue reading)
Get Ready For The New Credit Card Rules
The clock is ticking toward implementation of the Credit Card Accountability Responsibility and Disclosure Act of 2009, commonly referred to as the CARD Act. On February 22, consumers will have a new set of financial protections in place. ... (Continue reading)
A Life Raft for Student Loan Borrowers
If you’re experiencing financial difficulty, student loan payments can feel like a weight on your chest. Thankfully, there might be help on the way. In response to the squeeze the ailing economy has put on the middle class, President... (Continue reading)
Credit Inquiries—Hard Pulls vs. Soft Pulls
Learn how certain types of inquiries on your credit report can impact your credit standing.... (Continue reading)
3 Things to Know About Debt Collectors
Written on 15 Jan, 2010 at 12:14 in Consumer Affairs, Credit & Debt, Personal Finance | viewed 1,445 times | 5 Comments
While the days of debt collectors sending sheriffs to your home are long gone, for some, contemporary debt collection methods can still cross the line.... (Continue reading)
Help! My Dad Has a Credit Card in My Name
When “Jonathan” was 14-years-old, his Dad opened a few credit cards and acquired a few utilities in his name—unbeknownst to him. Fast-forward four years and Jon, now with enough money saved for a down payment on a vehicle, is denied... (Continue reading)
5 Ways to Reduce Debt
Written on 1 Jan, 2010 at 0:10 in BE Next, Credit & Debt, Magazine | viewed 3,583 times | 2 Comments
In 2002, Kristen Tate decided that debt free was the way to be. With a debt load of $28,000 that included student loans, credit cards, and a car note, Tate, who earned $65,000 as an account manager for a global... (Continue reading)
The Homebuyer’s Toolkit: How Your Credit Score Adds Up
Written on 14 Dec, 2009 at 12:09 in Blogs, Credit & Debt, Homeownership | viewed 992 times | 1 Comment
Do you request your credit report every year? Admittedly, I have to say I don’t. I’ve probably accessed it twice in the past four years. But after attending this week’s homebuyer’s class sponsored by the Bedford Central Community Development Corp.,... (Continue reading)
Relief for Student Loan Borrowers
College graduates facing mounting student loan debt may find relief in the new Income-Based Repayment plan that took effect Wednesday. Designed to take into account monthly income and family size, graduates with outstanding federal loans can see their minimum payments... (Continue reading)
