Archive | March, 2010
Movie Tickets Set To Increase
The next time you head to the big screen, the ticket price could be even bigger. Some analysts say you’ll pay nearly $20 for a ticket to a 3D movie. Richard Greenfield of investment firm BTIG told USA Today that theater owners believe consumers are willing and ready to pay extra for 3D after the [...]
Continue reading...Some auto dealers facing uncertain futures
29. March 2010
People who are in the market for a new or used car may want to take time to find out if any dealers in their area have been slated to close by General Motors or Chrysler. Earlier this year, GM announced that it was willing to reinstate 661 auto dealers that had been cut from [...]
Continue reading...Nation’s Largest Bank Makes Big Move To Help Homeowners
25. March 2010
Bank of America is making a big move to help troubled homeowners. And some wonder if other banks will follow the move. Bank of America announced it will forgive up to 30% of the mortgage balance held by some of its customers. The homeowners must meet the following qualifications: The homeowner must be at least 60 [...]
Continue reading...Tax Time – Here’s How to Spend Your Refund
25. March 2010
The average tax return is around $2,800 according to a recent article in CNN Money. In the past, the trend has been to spend the money on an indulgence of some sort – a vacation, a gadget, a pool, a nice dinner, etc.; however, with today’s economy, many people will find that there are better [...]
Continue reading...IRS Warns Of “Dirty Dozen” Tax Scams
22. March 2010
Every year the IRS issues its “Dirty Dozen” list. These are 12 tax scams to watch out for. Sometimes new scams pop up, sometimes the scams have been carried over from past years. But they’re always a headache for honest taxpayers who fall for these scams and also for the IRS who must track down [...]
Continue reading...Leaving documents in vehicle can result in identity theft
22. March 2010
The recession has made it fairly common for people to fall behind on their auto loan payments and suffer financial consequences that can range from repossession to a ruined credit score. However, people can get into financial trouble over more than just monthly payments. It’s also fairly common for identity thieves to target victims by breaking [...]
Continue reading...Could US Credit Rating Face Downgrade?
18. March 2010
Just like having too much debt can hurt your credit score, the same holds true for the US. And a new report released by credit rating agency Moody’s says that the US has lost its margin for error when it comes to its credit rating. Right now the US carries the highest triple-A rating. But [...]
Continue reading...Government Help for Credit Card Debt Problems
18. March 2010
The offers promising specialized government sponsored programs to get out of debt seem to multiply with every click of your mouse. These offers promise immediate help from the burdens of mounting debt from credit cards. Although the offers may seem like a valid solution to [...]
Continue reading...New regulations could make it harder to secure credit, bankers say
18. March 2010
Recent proposals to regulate financial institutions more closely are being received cautiously by bankers groups. Their chief concern is that the new regulations – designed to reduce risk in the financial markets – would affect small banks disproportionately. Community banks, the American Bankers Association and the Mortgage Bankers Association say, are responsible for a significant amount [...]
Continue reading...College savings programs present risk, tax benefits
15. March 2010
Choosing the right college savings program may be the first step in managing future student loans. In a recent column for MarketWatch.com, finance writer and entrepreneur Jennifer Openshaw offered advise on how to find the right 529 plan based on a student’s needs and location. This type of program is similar to a 401(k) and [...]
Continue reading...Home Affordable Foreclosure Alternatives: New Program For Underwater Homeowners
11. March 2010
A new government program will essentially pay homeowners to sell at a loss. It’s called HAFA, or Home Affordable Foreclosure Alternatives and it goes into effect April 5. The goal is to help some of the nearly 25% of US homeowners who currently owe more on their homes than what they’re worth. Under HAFA, homeowners [...]
Continue reading...Bankruptcy Filings Portend Continued Economic Troubles
11. March 2010
In a sure sign that the economic recovery is still a rather fragile one, the number of consumer bankruptcy filings soared early this year. The American Bankruptcy Institute reported that filings rose 14 percent this February when compared to the same month one year earlier. In fact, the 111,693 consumer bankruptcy filings that the institute [...]
Continue reading...More Americans Turning To Debt Consolidation
8. March 2010
Some trends are indicating that Americans are trying to pay down debt and save more. But according to a new study released by Prosper.com, more Americans are turning to debt consolidation. The survey showed that over the last six months, more and more people have been signing up for peer-to-peer debt consolidation loans and in [...]
Continue reading...Retiree fearing foreclosure finds relief through loan modification
8. March 2010
The stock market’s slump during 2008 meant many things to many consumers. For one retiree, Clara Newman, it meant falling behind on her mortgage loan payments. According to a report in SmartMoney.com, the former employee of the city of Detroit saw her pension checks decrease in number from 13 to 12 times a year. Her adjustable-rate [...]
Continue reading...Using Your Tax Refund To Pay Down Debt
4. March 2010
Sure a new dishwasher, flat screen or spa weekend would be nice, but what about using that tax refund to pay down debt? That’s the plan for plenty of Americans, according to the National Retail Federation. Every year the organization polls Americans to see what they’re really going to do with that tax refund. And [...]
Continue reading...Access Receivables Management
4. March 2010
Access Receivables Management is a debt collection agency which has developed innovative methods to do their work, is armed with experience and all set to take on the next challenge. They have experience in recovering dues for the commercial, dental, medical, insurance and education sector and have [...]
Continue reading...Economy leads to bargain hunting in auto market
4. March 2010
Consumers in the current economy are more focused than ever on getting their money’s worth, and new car purchases are no exception. However, financial institutions still have tighter lending standards than they did a few years ago, which means those who hope to purchase a new car need to have the highest credit score possible. [...]
Continue reading...Tax Preparers Promising Large Refunds
1. March 2010
Tax preparers that promise large refunds are to be approached warily. With tax season upon us, there is going to be a strong push by preparers from coast to coast to attract consumers needing their tax forms prepared. One of the tactics used is making promises that cannot be kept. Every year, thousands of people let [...]
Continue reading...Malware-infested websites raise identity theft dangers
1. March 2010
For consumers who are concerned about identity theft, one wise strategy is to avoid suspicious websites that could harbor malware that gives criminals the opportunity to access one’s sensitive financial data, such as banking passwords. With that in mind, the Federal Trade Commission recently announced that it had reached a settlement with ControlScan, a company [...]
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29. March 2010
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