Understand How FICO Credit Score Works

Sunday, February 22, 2009, AM | 2 Comments

Up until, perhaps 2006, credit was in abundance. You went to the bank, someone would be waiting for you, would even open the door for you. Credit from the credit card companies was rushing towards you like a mountain stream, fresh untainted. In some communities, at times, there is shortage of water. The credit back […]



How sure is your insurance?

Friday, February 20, 2009, PM | Leave Comment

The last few months, the banking industry has not been doing good, to say the least. Many consumers have been understandably preoccupied with the fate of their bankers and their banking relationships. Along with banking, there are other financial services that have been experiencing difficulty lately. Consumers have been so busy trying to shore up […]



Today’s financial news – Feb-19-2009

Thursday, February 19, 2009, AM | Leave Comment

Breaking news about Personal Finances, Banking, Budgeting, Saving & Investing, and a lot more topics are presented here for Feb 19, 2009. The news is mostly current and rather than going from one website to the next, I bring the financial news right to your door step. I present links to the good (Clint), the […]



Tips When You Can’t Make Mortage Payments

Monday, February 16, 2009, AM | Leave Comment

In most people’s cases, housing is their biggest expense. If you are having trouble making mortgage payments, you have some potential options to think about for modifying your housing cost. As home prices continue to fall and more borrowers find themselves in need of a modification, correctly dotting the i’s and crossing the t’s has […]



Beware Of Jobs Scams

Thursday, February 12, 2009, AM | Leave Comment

As unemployment reaches levels not seen in decades, job and business-opportunity scams are flourishing. Consumer-protection, law-enforcement groups and better business bureaus are reporting a growing number of phony job-recruitment and work-at-home schemes targeting desperate Americans looking for a way to pay the bills. The Federal Trade Commission (FTC), the consumer-protection agency received nearly 6,000 complaints […]



Merrill bonus babies got $121M

Wednesday, February 11, 2009, AM | Leave Comment

There is an article on New York Daily News website titled “Cuomo reveals 4 top Merrill Lynch execs grabbed big bucks just before government-financed takeover” by Greg B. Smith, published on Wednesday, February 11th 2009. The article states that “Four of the top executives at Merrill Lynch pocketed $121 million in bonuses just before taxpayers […]



Identity Fraud Up In Total Dollars And Victims

Monday, February 9, 2009, AM | Leave Comment

There is an article on reuters.com titled “Identity fraud up in total dollars, victims” by Jonathan Stempel published on Mon Feb 9, 2009. The data is for 2008. What is Identity theft? Identity theft occurs when someone uses your personal identifying information, like your name, Social Security number, or credit card number, without your permission, […]



IRS Is Giving Us Some Perks For 2008 Taxes

Monday, February 9, 2009, AM | Leave Comment

Don’t forget the stimulus package in 2008 that resulted in a good-sized check for many U.S. taxpayers filing 2007 tax returns. There were other major tax changes in 2008 as well. Therefore, don’t miss out on some much-needed cash when you file your tax return this year. While all that tax repairing tool affects most […]



Wall Street bonuses are getting a bad rap

Sunday, February 8, 2009, AM | Leave Comment

There is an article “Greed is good” in Wall Street Journal – online – by Roy C. Smith published on February 7, 2009. Roy C. Smith is a professor of finance at New York University’s Stern School of Business, and a former partner of Goldman Sachs. The author has vigorously justified the exuberant pay, bonuses […]



IRS Offers Tips To Avoid Confusion About RRC

Saturday, February 7, 2009, AM | Leave Comment

IRS, on January 30, 2009 posted an explanation on its website about how to avoid the confusion Recovery Rebate Credit (RRC). Many people have already filed their tax returns. According to IRS, about 15 percent have errors involving the recovery rebate credit. You may be eligible to receive the recovery rebate credit if: You did […]