Experian Now Offering Credit Freeze
November 9, 2007
Experian credit reporting agency will begin offering credit freezes to consumers in all 50 states and the District of Columbia. This will begin November 1.
Equifax Offers File Freeze
November 5, 2007
Starting October 31, 2007, Equifax will offer consumers across the nation the option of freezing and unfreezing their credit information. Equifax is the largest credit reporting agency in the US.
Debt Collectors Getting Hard To Find
October 30, 2007
There is no debate that more Americans are missing payments on loans and other obligations than ever before. In some areas, the problem is reaching critical mass. A slow economy means unpaid bills, it is that simple. With people who are losing jobs, finding mortgage payments out of reach, and struggling with medical expenses, completely paying their bills each month has become impossible. Enter the debt collector.
Greenspan Warns Home Prices to Fall
October 30, 2007
The former United States Federal Reserve Chairman, Alan Greenspan, recently commented that current home prices would surely continue to drop and that this drop would most likely have an effect on spending trends in general.
Sub-prime Borrowers Head List Of Repossessions
October 26, 2007
Seventy percent of homes that have been repossessed in recent months have been owned by people in the sub-prime category – those people with poor credit records. Of the 7,000 repossessed in the last three months, nearly 5,000 were on sub-prime mortgages.