The Latest Debt & Finance Blog
Bank of America has tossed a lifeline to American families drowning in credit card debt. BofA, the second-largest bank in the United States, is offering the “Better Balance Rewards” credit…
It’s not easy being a 20-something nowadays. Between landing a full-time job, paying back student loans and building credit, it’s hard to be financially stable. But are young adults solely…
If anyone in America still has faith in the quaint notion, enshrined in the Pledge of Allegiance, that we live in a country where there is “justice for all,” it…
Unemployment dropped in February to its lowest levels in four years, consumers spent money at the fastest rate in five months, and Wall Street set new records, all of which…
There are so many mixed signals coming from all sectors of the U.S. economy that you need a linguist to properly interpret the flow of information. Depending on where you…
If you are like every elected politician in Washington and have successfully ignored sequestration for the last 19 months, button up. The effects of the federal government’s disastrous financial policy…
Government services, teaching positions, research projects and hundreds of thousands of jobs are about to be cut in another self-inflicted crisis in Washington – The Great Sequester – and what…
There is no momentum in Congress for passing legislation to stop sequestration – the $85 billion mandatory budget reduction scheduled to take effect March 1 – but that hasn’t stopped…
Imagine a financial service that could help you pay all your bills while at the same time fixing your credit history. That’s the promise of Western Sky Financial. Sound too…
The complete lack of effort by politicians in Washington to find a solution to sequestration is sure to have some effect on the U.S. economy, but it’s not being felt…
Sources:
- Reckard, S. (2013, March 5). new BofA card offers cash for paying off debt. Los Angeles Times. Retrieved from http://articles.latimes.com/2013/mar/05/business/la-fi-bofa-credit-card-20130305
- American Household Credit Card Debt Statistics through 2012. Nerdwallet.com. Retrieved from http://www.nerdwallet.com/blog/credit-card-data/average-credit-card-debt-household/
- Yeebo, Y. (2011, May 25). Decrease in Credit Card Debt All Down To Write-Offs, Report Says. The Huffington Post. Retrieved from http://www.huffingtonpost.com/2011/03/20/decrease-in-credit-card-debt_n_837806.html
- Hauser, C. (2010, September 24). Bank Losses Lead to Drop in Credit Card Debt. The New York Times. Retrieved from http://www.nytimes.com/2010/09/25/business/25credit.html