Credit Scores and Fannie Mae–What You Need to Know

Tuesday, May 15th, 2012

Here are three facts about mortgage applications that at first glance are difficult to reconcile: Fact 1: Mortgage rates are at historic lows. Fact 2: Real Estate prices have fallen substantially over the past few years. Fact 3: The number of mortgage applications over the past 2 months are DOWN. ...

CARD Act Protections Against Interest Rate Increases

Monday, May 7th, 2012

The Credit Cardholders Bill of Rights is a piece of legislation that when passed, became known as the CARD Act of 2009. Although this law regulates many different aspects of the credit card industry, its most popular provisions are the ones that protect consumers against arbitrary rate increases. Fixed Versus ...

Can I Fund Your IRA With $5k Cash….Pretty Please?

Saturday, April 14th, 2012

Did that headline get your attention?  If not, let me repeatToday is your lucky day that you could potentially win $5,000 in cold hard cash..Boo-yah!!!Have I got your attention now?   Thought so.  In case youve missed it, Ive been on movement lately a Roth IRA Movement to be exact.Ive ...

Capital One Credit Cards Review

Monday, April 9th, 2012

Founded in 1988 by Richard Fairbank and Nigel Morris, Capital One is one of the primary reasons why you see credit cards marketed so heavily today.  In the mid 1990s, Capital One made a strong push towards print and television advertising. I see a commercial with Jimmy Fallon or Alec ...

How A Secured Credit Card Works

Wednesday, April 4th, 2012

Credit cards are only issued to people with some payment history. This criteria leaves out two distinct groups; those who have a poor credit history, and those who have none at all. These groups are often faced with a paradox. They cannot receive a credit card until they build or ...