2009 News Archive

December 2009

Make the right moves when adjusting insurance plans to save money

Dec 31, 2009 |

The tumultuous economic year that was 2009 has left many families looking for any possible ways to get out of debt.

Category icon Debt Advice

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Colorado first state to drop minimum wage rate since 1938

Dec 31, 2009 |

Colorado is the first state to decrease its minimum wage since the program was instituted in 1938

Category icon Employment

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Prioritize savings and leave credit cards at home, says expert

Dec 31, 2009 |

If you want to save money, you need to make it harder to spend. That’ why one expert advises putting the credit cards on ice and using cash instead.

Category icon Credit Cards, Saving

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Economy to improve, but not fully, in 2010, says Zandi

Dec 31, 2009 |

Moody's Economy.com chief economist Mark Zandi is expecting some improvement, but not a recovery, in 2010

Category icon Financial Wellness

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Though saving is important, there may be things worth spending on

Dec 28, 2009 |

Things like oil changes and a date night may still be options.

Category icon Financial Wellness, Saving

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Cutting medical costs can aid those looking for debt help

Dec 28, 2009 |

Consumers may use the internet in order to compare prices.

Category icon Debt Advice, Debt Relief, Insurance

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Regulations may provide credit reports for those looking for loans

Dec 23, 2009 |

Lenders will have to tell consumers when their credit report hurts loan offers.

Category icon Credit Score, Financial Wellness

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Debt consolidation may be an option going into 2010

Dec 17, 2009 |

Consumers could consolidate debt in order to save on interest payments.

Category icon Debt Relief

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Restocking fees may put a dent in saving money

Dec 17, 2009 |

Consumers should be careful when opening holiday gifts.

Category icon Consumer Rights, Holidays

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Consumers divided when it comes to future of personal finances

Dec 16, 2009 |

More people are trying to concentrate on saving money.

Category icon Financial Wellness

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Saving an important thing to consider after rough economic year

Dec 16, 2009 |

Consumers should have three to six months of expenses set aside.

Category icon Saving

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Debt consolidation popular for interpersonal loans

Dec 15, 2009 |

Some consumers may be looking to pay off their credit card debt.

Category icon Debt Relief

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Financial reform bill passes House

Dec 14, 2009 |

This bill would create Consumer Financial Protection Agency.

Category icon Consumer Rights, Credit Cards

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Deloitte spending index sees an increase

Dec 11, 2009 |

Drop in unemployment claims adds to potential consumer purchasing power.

Category icon Financial Wellness

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Pay off bills to maintain credit score

Dec 10, 2009 |

Lower scores can make it more difficult to get loans.

Category icon Credit Score, Financial Wellness

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Parents, kids don’t see eye-to-eye when it comes to recession

Dec 09, 2009 |

Many children don't feel as though their parents did things differently during tough economy.

Category icon Family, Financial Wellness

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Credit card debt continues to drop according to recent numbers

Dec 08, 2009 |

The Fed reports that debt fell during October and the third quarter.

Category icon Credit Cards, Debt Relief

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Late credit card debt accounts expected to decline in 2010

Dec 08, 2009 |

TransUnion reports it would mark the third straight year delinquencies would fall.

Category icon Credit Cards, Debt Relief

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Professionals turn to retail jobs to find personal finance help

Dec 08, 2009 |

Difficulties in retail market leading to fewer positions.

Category icon Employment, Holidays

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Hidden fees on top when it comes to annoyances

Dec 07, 2009 |

Survey from Consumer Reports also shows customer service concern high on list.

Category icon Consumer Rights, Credit Cards

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Facing debt problems, many want cash for the holidays

Dec 07, 2009 |

People plan on using money to pay off day-to-day expenses.

Category icon Budgeting, Holidays

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November 2009

Things to consider when looking at debt consolidation

Nov 30, 2009 |

If people are not careful, they could put their home in jeopardy.

Category icon Debt Advice, Debt Relief, Financial Wellness

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Debt consolidation an option for student loans

Nov 30, 2009 |

Consumers should keep in mind that private and government loans must be consolidated separately.

Category icon Debt Advice, Debt Relief, Young Consumers

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Credit counseling can help those facing credit card debt

Nov 30, 2009 |

Services include debt consolidation, which may lower interest rates.

Category icon Credit Cards, Debt Advice, Debt Relief

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Credit card defaults fall, delinquencies increase

Nov 30, 2009 |

Card accounts that are late increased to 6.12 percent.

Category icon Credit Cards, Financial Wellness

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Tips for stretching your holiday budget

Nov 26, 2009 |

Savvy shoppers are expected to do comparison shopping online this year. Consolidated Credit helps you maximizing those savings with holiday spending tips.

Category icon Budgeting, Holidays

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Credit card debt companies regulated further in Garden State

Nov 25, 2009 |

Will no longer be allowed to offer gifts as incentives for accounts.

Category icon Consumer Rights, Credit Cards, Young Consumers

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Personal finances top stress-related concern

Nov 25, 2009 |

Ways for managing money continue to worry Americans.

Category icon Budgeting, Debt Advice, Financial Wellness

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Fewer credit card debt accounts in delinquency

Nov 24, 2009 |

Number drops from second to third quarters.

Category icon Consumer Rights, Credit Cards, Debt Relief

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American households plan to spend less on Christmas gifts

Nov 24, 2009 |

New survey shows that worries about personal finances causing people to cut back.

Category icon Holidays

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Saving money in preparation for children

Nov 23, 2009 |

People who want to have kids should get ahead in their personal finances.

Category icon Family, Financial Wellness, Saving

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Dealing with changes in credit card debt accounts

Nov 23, 2009 |

There are things consumers can do to make their position better.

Category icon Credit Score, Debt Advice, Financial Wellness

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Mortgage delinquencies climb as people struggle with debt problems

Nov 19, 2009 |

Unemployment is driving more people into being unable to pay home loans.

Category icon Banking, Homebuyers

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Kelly lays out ideas for regulation

Nov 19, 2009 |

CEO of BNY Mellon says consumers have acted in the proper way in reaction to the recession.

Category icon Articles

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Cars sales spur increase in retail numbers

Nov 16, 2009 |

October retail sales up 1.4 percent, beating expectations.

Category icon Auto

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Spending up when compared to last year

Nov 13, 2009 |

A recent report shows a year-to-year improvement for October, though spending is down when compared to September.

Category icon Budgeting, Financial Wellness, Saving

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Federal program continues to offer debt help for homeowners

Nov 13, 2009 |

The Making Home Affordable program has helped more than 650,000 avoid foreclosure.

Category icon Debt Relief, Homebuyers, Housing

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Overdraft rules made by the Fed may provide debt help

Nov 12, 2009 |

Banks will have to get consumers to opt in to services.

Category icon Banking, Consumer Rights

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Program put forward to give Latinos debt help

Nov 10, 2009 |

A number of organizations have banded together to provide foreclosure prevention workshops in the Sacramento area.

Category icon Debt Relief, For Latinos

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Debt More Likely to Gobble-Up Career-Oriented Women More than Men

Nov 03, 2009 |

More women than men incur credit card debt when starting their careers. Consolidated Credit Counseling Services discusses the financial challenges of career-oriented women.

Category icon Financial Wellness, For Women

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October 2009

Make the right moves after foreclosure

Oct 25, 2009 |

Surviving and thriving after a foreclosure is possible even if you can't picture it. Consolidated Credit helps you get back on track after losing a home.

Category icon Foreclosure, Housing

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Rate freeze on credit card debt may not be meaningful

Oct 14, 2009 |

One columnist notes that a recent announcement from Bank of America about credit card debt may be too little, too late.

Category icon Credit Cards, Debt Advice

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Tough US Economy Scares the Spending out of Halloween 2009

Oct 14, 2009 |

Tough US economy scares the spending out of Halloween 2009. Consolidated Credit Counseling Services offers tips to have a less financially frightening holiday.

Category icon Family, Holidays

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Survey: People still focusing on budgeting, saving money

Oct 14, 2009 |

Harris Interactive shows that half of Americans surveyed plan on saving money in the next six months.

Category icon Budgeting, Saving

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Nader backs credit card debt reforms

Oct 13, 2009 |

Urges interchange fee restrictions, direct consumer action.

Category icon Consumer Rights, Credit Cards

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High youth unemployment makes budgeting essential

Oct 13, 2009 |

Experts offer tips on how to budget effectively for young workers faced with limited employment opportunities.

Category icon Budgeting, Employment, Family, Young Consumers

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Let CFPA oversee credit reporters, advocacy group says

Oct 13, 2009 |

Consumer Watchdog urges oversight for credit score providers. Could the new protection agency be the right organization for the job?

Category icon Consumer Rights, Credit Score

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Consider using savings to get out of debt

Oct 12, 2009 |

Though saving money is important, consumers may want to use stored funds for credit card debt.

Category icon Debt Advice, Debt Relief, Saving

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Some paying off credit card debt

Oct 09, 2009 |

A recent survey from Consumer Reports shows the policies of credit card companies are making people act.

Category icon Credit Cards, Debt Relief

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Some parents willing to help kids with debt problems

Oct 08, 2009 |

A recent poll shows that dads may be more likely than moms to give cash to their children.

Category icon Debt Advice, Family, Financial Wellness

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Bank of America to hold steady on rates, interest fees

Oct 08, 2009 |

The lender will not change its policies until new credit card debt rules take effect next year.

Category icon Banking, Consumer Rights, Credit Cards

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Financial difficulties may be fueling depression

Oct 07, 2009 |

A recent study shows that unemployed people are more likely to show signs of mental illness.

Category icon Articles

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Identity theft can affect a credit score

Oct 07, 2009 |

During October, consumers should take steps to protect their information online.

Category icon Credit Score

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Credit card delinquencies at highest point since 2005

Oct 06, 2009 |

Credit card delinquencies rose to over 5 percent, the highest they have been since 2005. Consolidated Credit Counseling Services offers financial warning signs to consumers.

Category icon Credit Cards, Debt Advice

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Saving money harder as overdraft fees climb

Oct 06, 2009 |

A recent study shows that banks made almost $24 billion in overdraft fees last year.

Category icon Saving

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Closing accounts can affect credit scores

Oct 05, 2009 |

If a credit card company reports a consumer having a card with them, it could affect their credit score.

Category icon Credit Score

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Delinquencies on credit card debt see record high

Oct 02, 2009 |

Unemployment is being blamed for an increase in late payments seen in the second quarter of 2009.

Category icon Credit Cards, Credit Score, Employment

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Jobs, saving money decline

Oct 02, 2009 |

In September 263,000 jobs were lost in the country.

Category icon Employment, Saving

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Wal-Mart expands $10 toy offers

Oct 01, 2009 |

More than 100 toys will now be available through the program for the holiday season.

Category icon Budgeting, Holidays, Saving

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September 2009

Halloween spending a shade of its former self

Sep 30, 2009 |

The average amount people plan on spending on the holiday dropped more than $10.

Category icon Debt Advice, Saving

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In tough times MLB sees decline in attendance

Sep 30, 2009 |

This season marks the largest drop in attendance since 1952.

Category icon Financial Wellness, Saving

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What to keep in mind about a debt consolidation loan

Sep 30, 2009 |

Debt consolidation does not get rid of debt. Rather, it transfers it to a new loan to eliminate high interest credit card balances.

Category icon Debt Advice

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Debt consolidation a way to handle payments

Sep 29, 2009 |

By rolling debts into one loan, consumers may find it easier to pay off loans. There are, however, risks involved.

Category icon Debt Advice, For Women

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Fed proposes rules for credit card debt

Sep 29, 2009 |

Rate increases are among the targets of the proposed regulations.

Category icon Consumer Rights, Credit Cards

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Consumers saving money in various ways

Sep 29, 2009 |

Christmas clubs are becoming popular again for people getting ready for the holiday shopping season.

Category icon Holidays, Saving

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Retailers worry credit limits will dampen holiday shopping

Sep 29, 2009 |

Because credit cards are harder to come by, some shoppers may cut back spending in order to avoid debt problems.

Category icon Holidays, Saving

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Being mindful of credit use

Sep 28, 2009 |

How a person manages their loans can affect their credit score.

Category icon Credit Score

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Keep credit card debt accounts open

Sep 28, 2009 |

Doing so can keep a person's available credit high, which could lead to a better credit score.

Category icon Credit Cards, Debt Advice

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Young people affected by unemployment

Sep 28, 2009 |

According to a recent report, the number of young people who can't find work is more than 50 percent.

Category icon Employment, Young Consumers

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Take care when considering bankruptcy for debt problems

Sep 28, 2009 |

Some bankruptcies can stay on a person's credit history for 10 years. Make sure you understand the financial impact before you file.

Category icon Bankruptcy

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Saving money with an inheritance

Sep 25, 2009 |

People should consider setting up an emergency fund if they find they come into money.

Category icon Saving

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Representatives seek changes to Credit CARD Act

Sep 25, 2009 |

Barney Frank and Carolyn Maloney want new rules to take effect sooner.

Category icon Consumer Rights, Credit Cards

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Debt management an option for consumers

Sep 23, 2009 |

Rather than turn to debt settlement, people may consider developing a debt management plan with a credit counseling service.

Category icon Credit Score, Debt Relief, Financial Wellness

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Card companies considering other strategies

Sep 22, 2009 |

To keep from being in the lurch when it comes to credit card debt, companies are looking at different rates and fees.

Category icon Consumer Rights, Credit Cards

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ID theft a concern for credit card users

Sep 22, 2009 |

Consumers tend to get more worried when their cards have to be taken away while completing a transaction.

Category icon Credit Cards

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Wisconsin family taps credit counseling service to get out of debt

Sep 21, 2009 |

After amassing more than $100,000 in debt, the Hildebrandts cut back on spending to deal with their debt problems.

Category icon Debt Relief, Family

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Poll shows Alaska has high credit card debt

Sep 21, 2009 |

The state ranks first when it comes to the average credit card debt of its residents.

Category icon Credit Cards, Debt Advice

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Dodd working on bill regarding overdraft fees

Sep 21, 2009 |

The measure would require banks to get permission to enroll customers into overdraft fee protection programs.

Category icon Banking, Consumer Rights

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Household, business debt down, while government debt up

Sep 18, 2009 |

The Federal Reserve is reporting that the second quarter saw household debt drop by 1.75 percent.

Category icon Financial Wellness

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Options for saving money

Sep 17, 2009 |

There are a number of places consumers can put their personal finances when saving money.

Category icon Financial Wellness, Saving

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Consider credit counseling before accepting debt settlement plan

Sep 16, 2009 |

A credit counseling service can set up a debt management plan to help a consumer pay their debt in full.

Category icon Credit Cards, Credit Score, Debt Advice

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Credit card debt charge offs rise

Sep 16, 2009 |

More consumers defaulted on their credit card debt during August.

Category icon Banking

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Poll shows Americans not confident in government’s efforts

Sep 15, 2009 |

The Associated Press-GfK survey shows the government has more work to do when it comes to Americans feeling secure.

Category icon Employment

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When saving money for a home, stick with safe options

Sep 15, 2009 |

Other investment opportunities may provide a more of a return, but they also come with higher risks.

Category icon Homebuyers, Housing, Saving

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Older methods of saving money become new trend

Sep 14, 2009 |

Some consumers are turning to bartering and haggling when dealing with budgeting.

Category icon Budgeting, Saving

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Census sees drop in incomes

Sep 11, 2009 |

Real median household incomes fell by 3.6 percent from 2007 to 2008.

Category icon Financial Wellness

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Keep credit card debt amounts away from limits

Sep 11, 2009 |

Being close to their credit card limit could make consumers seem like risky clients.

Category icon Credit Cards, Financial Wellness

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Salaries, offers drop for graduates

Sep 10, 2009 |

The average starting salary for a 2009 college graduate fell by 1.2 percent.

Category icon Employment, Young Consumers

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Pick credit cards based on rates, not gifts

Sep 10, 2009 |

Students should avoid choosing a credit card based on rewards or offers.

Category icon Credit Cards, Credit Score

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Dropping limits and credit scores

Sep 09, 2009 |

Using a small percent of their debt limit can help with a consumer's credit score if limits drop.

Category icon Credit Score, Financial Wellness

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Obama administration announces help for those saving money

Sep 08, 2009 |

New initiatives will give consumers other options when saving money for retirement.

Category icon Retirement, Saving, Seniors

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Keep credit scores in mind when shopping for new cards

Sep 08, 2009 |

Having their credit score can help consumers determine what kind of credit card they can get.

Category icon Articles

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Consumers saving money turning to electronic coupons

Sep 03, 2009 |

Discounts made available through e-mails and cell phones are gaining traction among consumers working on budgeting.

Category icon Budgeting, Financial Wellness, Saving

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Americans feeling a bit more confident

Sep 03, 2009 |

A recent Harris Interactive poll shows that feelings about the economy are improving.

Category icon Financial Wellness

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August 2009

Rebuilding life after a bankruptcy

Aug 31, 2009 |

There are some things consumers can do to improve their credit score following a bankruptcy.

Category icon Bankruptcy, Credit Score, Financial Wellness

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Kids should prove financial responsibility before getting credit

Aug 31, 2009 |

A cash-first philosophy may be best when it comes to kids and credit cards.

Category icon Credit Cards, Family, Financial Wellness, Young Consumers

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Saving money more a priority for college students

Aug 31, 2009 |

As students return to campus this year, more of them are concerned with their personal finances.

Category icon Financial Wellness, Saving, Young Consumers

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Credit card debt negotiations may be tougher

Aug 31, 2009 |

As card companies deal with changes, cardholders may find it more difficult to get what they want.

Category icon Consumer Rights, Credit Cards

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Debt consolidation through home loan may be risky

Aug 31, 2009 |

Consumers should take care when considering consolidating their credit card debt through a home refinance.

Category icon Debt Advice

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Saving money a priority when facing job loss

Aug 31, 2009 |

Cutting back on expenses and saving money are important strategies to take with an impending layoff.

Category icon Budgeting, Employment, Retirement, Saving

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More people turning to debit over credit

Aug 31, 2009 |

Some analysts have noted that consumers are turning away from credit in order to get out of debt.

Category icon Credit Cards, Financial Wellness

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Visiting credit counseling service won’t hurt consumer’s credit score

Aug 28, 2009 |

Just consulting with a credit counseling service isn't going to hurt a consumer's credit score.

Category icon Consumer Rights, Credit Score, Financial Wellness

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Seniors need to know their rights with debt collection agencies

Aug 28, 2009 |

A recent clinic noted that being harassed by debt collectors isn't something senior citizens need to put up with.

Category icon Consumer Rights, Debt Advice, Seniors

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Pay attention to debt consolidation options

Aug 28, 2009 |

When going for debt consolidation, consumers need to pay attention to the terms offered.

Category icon Debt Advice

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Consider credit counseling when dealing with debt

Aug 27, 2009 |

If cutting back on spending alone won't pull a person out of debt, they might want to get some help.

Category icon Budgeting, Credit Score, Debt Advice, Financial Wellness

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More students relying on private loans

Aug 27, 2009 |

A new study from the Project on Student Debt shows that many students are turning to private loans without maximizing the amount they can borrow from the government.

Category icon Credit Cards, Student Debt, Young Consumers

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Students need good credit habits for college

Aug 27, 2009 |

Good credit habits and credit counseling are things students should consider when dealing with credit card debt.

Category icon Credit Cards, Family, Financial Wellness, Young Consumers

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Consumers getting a handle on credit card debt

Aug 27, 2009 |

The Moody's Credit Card Index shows that consumers may be getting a handle on their debt problems.

Category icon Consumer Rights, Credit Cards

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Talk to children about debt problems

Aug 27, 2009 |

Keeping children in the dark about debt problems and personal finances isn't the best course for struggling parents.

Category icon Family, Financial Wellness

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Is Canadian credit card tuition ban a sign of things to come in U.S.?

Aug 25, 2009 |

A Canadian college may have started a new trend, banning the use of credit cards to pay tuition bills. Will this trend make it into the U.S.?

Category icon Credit Cards, Student Debt, Young Consumers

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Credit card debt affecting retirees

Aug 24, 2009 |

As a tough economy squeezes consumers of assets, including home equity, many retirees are being forced to take on credit card debt to cover shortfalls.

Category icon Credit Cards, Retirement

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FICO: Dropping limits show small effect on credit scores

Aug 21, 2009 |

Though credit limits have dropped, many borrowers aren't seeing an effect on their credit scores.

Category icon Credit Cards, Credit Score

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Options for saving money on text books

Aug 19, 2009 |

As students and parents get ready for college they may look for ways on saving money for textbooks.

Category icon Saving, Young Consumers

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Students facing more credit card debt

Aug 19, 2009 |

Some students, like 28-year-old Bryce Petty, may find themselves in debt management programs as a result of accumulated credit card debt.

Category icon Credit Cards, Credit Score, Debt Advice, Young Consumers

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Read the fine print with healthcare credit cards

Aug 19, 2009 |

Consumers should be careful with healthcare credit cards and should consider credit counseling if they are having debt problems.

Category icon Consumer Rights, Credit Cards

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Budgeting, saving money should be goal for people with lower incomes

Aug 17, 2009 |

Consumers with lower incomes should consider enrolling in overdraft protection in order to avoid courtesy overdraft fees.

Category icon Banking, Budgeting, Consumer Rights, Saving

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Debt consolidation may be an option for graduating students

Aug 17, 2009 |

As students get ready to go to college, there are a number of tips they should keep in mind regarding credit card debt.

Category icon Credit Cards, Debt Relief, Young Consumers

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Variable-rate credit card debt not seeing rate reduction benefits

Aug 17, 2009 |

Despite a drop in the Prime Rate, cardholders who have a variable rate aren't seeing a drop in their rates.

Category icon Consumer Rights, Credit Cards

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July foreclosures see an increase

Aug 14, 2009 |

As more people face debt problems, the number of foreclosures saw a climb during the month of July.

Category icon Foreclosure

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College graduates may see more debt problems

Aug 14, 2009 |

A new brief released by the College Board shows that the number of students graduating with debt has seen an increase.

Category icon Bankruptcy, Credit Cards, Debt Advice, Young Consumers

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Bank to cease using credit card debt arbitration

Aug 14, 2009 |

Bank of America will no longer turn to third-party arbitration firms for credit card debt disagreements.

Category icon Banking, Consumer Rights, Credit Cards, Debt Relief

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Options people may consider for dealing with credit card debt

Aug 13, 2009 |

Both balance transfers and getting lower interest rates may be strategies consumers can use to help them get out of debt more easily.

Category icon Credit Cards, Debt Relief

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Atlanta homeowners gather trying to find debt help

Aug 13, 2009 |

Thousands of Georgians convened on the Georgia World Congress Center for seminars of cutting down their mortgage payments.

Category icon Debt Advice, Foreclosure, Homebuyers, Housing

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New Illinois law aims at keeping students out of credit card debt

Aug 12, 2009 |

A new law adopted in Illinois will ban credit card companies from offering students free gifts.

Category icon Budgeting, Credit Cards, Young Consumers

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Back-to-School Shopping Costs Up But Parents Plan to Spend Less

Aug 12, 2009 |

Families may want to cut back on back-to-school shopping to avoid debt, but a new survey shows they may face a bigger financial burden this year.

Category icon Budgeting, Credit Cards, Young Consumers

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Parents may consider putting their kids on their credit cards

Aug 12, 2009 |

In order to help their children build a good credit score, some parents might want to add them as an authorized user on a credit card.

Category icon Credit Cards, Credit Score, Family, Young Consumers

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Mortgage lenders tend to use FICO credit scores

Aug 11, 2009 |

Though there are a number of ways consumers may use to calculate their credit score, mortgage lenders will use the middle number of FICO scores available.

Category icon Credit Score

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Credit card debt may be falling

Aug 11, 2009 |

Numbers from the Fed show that the amount of revolving credit fell during June.

Category icon Credit Cards, Saving

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Dealing with credit card debt interest rate hikes

Aug 10, 2009 |

There are a few options for card holders facing credit card debt interest rate hikes instituted prior to coming regulatory changes.

Category icon Credit Cards, Credit Score

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Start teaching teens about credit card debt

Aug 10, 2009 |

Parents should sit down with their pre-college teens and explain to them how credit cards work.

Category icon Credit Cards, Credit Score, Family, Young Consumers

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Unemployment rate falls to 9.4 percent

Aug 07, 2009 |

Defying the predictions of many analysts, the unemployment rate for the month of July dropped.

Category icon Employment, Financial Wellness

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Card companies negotiating with customers

Aug 06, 2009 |

Rather than lose all of the money they've loaned out, credit card companies are offering different options to cardholders.

Category icon Credit Cards, Debt Relief

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Bankruptcy filings see a climb in July

Aug 05, 2009 |

With unemployment increasing, bankruptcy filings are on the rise.

Category icon Bankruptcy, Employment

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BEA report: Less money being saved

Aug 04, 2009 |

Data from the government suggests that people may be saving less.

Category icon Employment, Saving

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Congressmen try to keep credit scores out of job hunt

Aug 04, 2009 |

A recently-introduced bill would keep credit scores and reports out of the equation in the hiring process of some jobs.

Category icon Credit Score, Employment

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Survey: Employee benefits changing with economy

Aug 03, 2009 |

As the economy changes, some employers are finding it necessary to change employee benefits.

Category icon Employment, Financial Wellness, Retirement

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Class-action suits filed against credit card debt arbiter

Aug 03, 2009 |

The National Arbitration Forum has been sued by card holders for its claims of impartiality in credit card debt disputes.

Category icon Consumer Rights, Credit Cards

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July 2009

Jobless claims rise, but four-week average drops

Jul 31, 2009 |

The Department of Labor reports that initial unemployment claims have climbed, though four-week moving average drops.

Category icon Credit Cards, Employment

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Goals set to approve mortgage modifications faster

Jul 31, 2009 |

Officials from the Obama Administration met recently with mortgage lenders in order to iron out ways to get more homeowners on trial loan modifications.

Category icon Homebuyers, Housing

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Steps to solving debt problems

Jul 30, 2009 |

Consumers need to consider a number of options when trying to get out of debt.

Category icon Bankruptcy, Credit Score, Debt Advice

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Survey: Some Americans planning on retiring later

Jul 30, 2009 |

In an ING DIRECT survey, 40 percent of Americans feel the recession will require later retirement.

Category icon Retirement

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Mortgage applications fall

Jul 29, 2009 |

Applications for refinancing mortgages have fallen in the latest MBA survey.

Category icon Homebuyers, Housing

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Families with lower incomes relying on credit card debt

Jul 29, 2009 |

When it comes to attaining basic needs or making emergency repairs, low- and middle-income households are relying on their credit cards.

Category icon Budgeting, Credit Cards, Employment

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Breach at web provider may affect thousands of retailers, customers

Jul 29, 2009 |

As a result of the unauthorized code, credit card information may have been stolen from the servers at Network Solutions.

Category icon Consumer Rights, Credit Cards

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Sales for new homes up in June

Jul 28, 2009 |

Government programs may be helping people budgeting for new homes.

Category icon Homebuyers, Housing

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Some creditors look to increase rates before new regulations

Jul 28, 2009 |

With more regulations coming, some card companies are trying to increase rates and fees on credit cards.

Category icon Consumer Rights, Credit Cards

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Using credit cards for questionable purchases may lead to higher rates

Jul 28, 2009 |

How and where a consumer uses their credit card could end up hurting their credit limit or raising their interest rate.

Category icon Budgeting, Credit Cards

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Protests held for interest rate limits

Jul 27, 2009 |

People gathered in different parts of the U.S. to call for a cap on interest rates.

Category icon Consumer Rights, Credit Cards

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Debt problems may lead to less school shopping

Jul 27, 2009 |

Worries about debt and unemployment may lead some parents to cut down on back-to-school shopping.

Category icon Credit Cards, Family, Young Consumers

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Taking accounts into account

Jul 24, 2009 |

Many banks are looking at their customers' accounts when deciding to issue credit cards.

Category icon Credit Cards, Credit Score

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Report: Credit card debt charge-offs climb higher

Jul 24, 2009 |

Though credit card debt charge-offs are up, delinquencies have seen a drop.

Category icon Credit Cards, Credit Score, Debt Advice, Employment

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Low five: Indicators that may show you are in financial trouble

Jul 24, 2009 |

There are five signs consumers can pay attention to in order to gauge how well they are managing money.

Category icon Budgeting, Credit Cards, Credit Score, Financial Wellness, Saving

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Debt arbiter AAA to refrain from accepting new cases

Jul 23, 2009 |

The American Arbitration Association will not accept new debt arbitration cases until new guidelines are put in place.

Category icon Consumer Rights, Credit Cards, Debt Relief

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FTC settles suit with card companies

Jul 23, 2009 |

Consumers who filed a claim with the FTC got an average of $200 as a result of the settlement.

Category icon Consumer Rights, Credit Cards

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Survey: Back-to-school shoppers looking for deals

Jul 22, 2009 |

Consumers are concentrating on saving money and budgeting when it comes to shopping for school supplies.

Category icon Family, Young Consumers

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Though rates climb, mortgage applications see an increase

Jul 22, 2009 |

The weekly report from the Mortgage Bankers Association shows that more people are applying for refinancing.

Category icon Homebuyers, Housing

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Eliminating credit card reward programs could help consumers

Jul 21, 2009 |

A new study shows that only a few card holders would change their behavior if reward programs were eliminated. Doing so could possibly help people reduce their credit card debt.

Category icon Consumer Rights, Credit Cards

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New consumer credit score ranking program available to lenders

Jul 21, 2009 |

The Credit Capacity Index allows creditors to assess risk based on how much debt a consumer can take on in the future.

Category icon Credit Score

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Massachusetts seeing more bankruptcies

Jul 20, 2009 |

The number of people who filed for Chapter 7 bankruptcy jumped by almost 60 percent when compared to the same time period in 2008.

Category icon Bankruptcy

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Debt arbitration firm reaches settlement with attorney general

Jul 20, 2009 |

The National Arbitration Forum will no longer be allowed to take on arbitration cases related to consumer debt.

Category icon Consumer Rights, Debt Relief

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Home foreclosures up during first half of ’09

Jul 16, 2009 |

Unemployment cited as a driving factor in more people facing foreclosure.

Category icon Foreclosure, Homebuyers, Housing

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More Americans may lose healthcare coverage

Jul 16, 2009 |

An estimated 6.9 million people may face a loss in healthcare coverage between 2008 and 2010.

Category icon Family

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Mortgage rates continue to fall

Jul 15, 2009 |

As mortgage rates drop, more home refinance applications are being filed.

Category icon Homebuyers, Housing

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Poll: Americans may not be saving more money

Jul 15, 2009 |

Despite an overall increase in the amount of money saved, a new poll shows that many Americans are putting the same amount into savings.

Category icon Financial Wellness, Saving

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Dodd urges enforcement of Credit CARD Act

Jul 14, 2009 |

The senator from Connecticut wants to make sure credit card companies adhere to a six-month review process.

Category icon Consumer Rights, Credit Cards, Credit Score

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AP-GfK Poll: Americans less stressed about debt

Jul 14, 2009 |

Though economic times may be tough, a new poll shows that Americans are optimistic when it comes to the future.

Category icon Credit Cards, Debt Relief, Financial Wellness

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Alternative to student loan reform proposed

Jul 13, 2009 |

A coalition of organizations has presented an alternative to the Obama Administration's plan for student loan reform.

Category icon Young Consumers

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USA Today: Bank fees add to debt problems

Jul 13, 2009 |

Overdraft fees are yet another issue when it comes to consumer debt problems.

Category icon Banking

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Connecticut law regulates card marketing to students

Jul 10, 2009 |

With student credit card debt increasing, a new law aims to regulate how credit cards are marketed.

Category icon Consumer Rights, Credit Cards, Young Consumers

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TransUnion: Credit risk on the rise

Jul 10, 2009 |

Credit risk has hit an all-time high, and with that comes the prospect of continued foreclosures and delinquencies.

Category icon Credit Cards

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Survey: Many Americans not dealing with foreclosure

Jul 09, 2009 |

Though there are programs available, a number of Americans facing foreclosure haven't started dealing with the problem.

Category icon Foreclosure, Housing

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7-Eleven to collect signatures for credit card petition

Jul 09, 2009 |

With Americans paying some of the highest transaction fees in the world, the convenience store chain is taking aim at fees paid for each credit card transaction.

Category icon Credit Cards

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Companies considering 401(k) contribution changes

Jul 08, 2009 |

Though some companies have retreated on contributing to their employees' retirement plans, a number are planning on returning to the practice, possibly with some changes.

Category icon Employment, Financial Wellness

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ABA: Credit card debt increases

Jul 08, 2009 |

As unemployment continues to rise, more Americans may be relying on their credit cards to get by.

Category icon Credit Cards, Employment

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Michigan law gives those in foreclosure more time

Jul 07, 2009 |

With one in every 325 housing units in foreclosure in the state, the law aims to give homeowners more time to negotiate with their mortgage lenders.

Category icon Foreclosure, Housing

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Study: Hispanics, African-Americans saving less for retirement

Jul 07, 2009 |

The percentage of Hispanics and African-Americans taking part in 401(k) contribution plans is less as compared to their white and Asian coworkers.

Category icon For Latinos, Retirement, Saving

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Lower rates could encourage home buying

Jul 06, 2009 |

A report from Freddie Mac shows that mortgage rates have dropped, which may lead more people to buy a home.

Category icon Homebuyers

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Wage seizure laws may affect those with debt problems

Jul 06, 2009 |

Some credit card companies are looking to wage seizure to get their money back, which may actually backfire.

Category icon Bankruptcy, Debt Relief, Employment

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Americans saving more money

Jul 02, 2009 |

As the economy continues to struggle, Americans are putting more money into savings.

Category icon Saving

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Google may target ads based on credit scores

Jul 02, 2009 |

Possible ad targeting from the search engine would offer products to certain surfers.

Category icon Credit Score

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Stacy Johnson begins debt series with a look at Credit Counseling.

Jul 01, 2009 |

Stacy Johnson of Money Talks News begins kicks off his new debt series tonight with a look at credit counseling and a story of debt management success.

Category icon Financial Wellness

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FTC sets rules affecting credit scores

Jul 01, 2009 |

The Federal Trade Commission (FTC), along with a number of other agencies, has set new rules and guidelines with regard to the information furnished to credit reporting agencies.

Category icon Credit Score

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Government program could provide help to students with debt problems

Jul 01, 2009 |

Today the federal government began a new program which may offer some students help with their debt problems.

Category icon Debt Advice, Debt Relief, Young Consumers

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June 2009

Consolidated On The Web

Jun 30, 2009 |

It's a sign of the times that more people are looking for ways to cut down debt and avoid sky-high interest charges. Debt consolidation may be the answer.

Category icon Debt Advice, Financial Wellness

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May 2009

Congress Sends Credit Card Reform Bill To President Obama

May 20, 2009 |

Congress sends credit card reform bill to President Obama. What does it mean for you?

Category icon Consumer Rights, Credit Cards

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Consolidated Credit Launches New HUD Housing Counseling Services

May 05, 2009 |

Consolidated Credit receives approval from the Office of Housing and Urban Development to offer housing counseling and foreclosure avoidance counseling to South Florida.

Category icon Housing

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April 2009

White House And Congress Target Credit Card Rates

Apr 23, 2009 |

Credit card reforms gain speed as the White House and Congress target punishing fee practices they say are contribute to financial distress for consumers.

Category icon Credit Cards

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The Worst Credit Card Offers You’ll Ever See

Apr 21, 2009 |

Credit card offers targeted to students boast of an unheard of 9.9% interest rate, but buried in the fine print are a slew of fees that are almost comical.

Category icon Credit Cards, Credit Score

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How To Strengthen Your Credit Score

Apr 15, 2009 |

Four months ago, one of loan originator Gisela Sauzo's clients settled on the perfect home for herself and her two children.

Category icon Credit Score

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Smart Money Moves To Make Now

Apr 14, 2009 |

If all this fiscal gloom and doom has you down, don't just wait it out�take action. We asked financial pros for their best advice on ways to safeguard your money and handle tough times.

Category icon Financial Wellness

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Be Wary Of Debt Settlement Firms

Apr 12, 2009 |

Debt settlement companies, also known as debt negotiators or arbitrators, can paint a rosy picture of these services but the reality may be very different.

Category icon Debt Advice

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March 2009

Foreclosure Is Not The Only Option

Mar 06, 2009 |

As record numbers face unemployment foreclosure looms on the horizon for many Americans, but there are alternatives that can help you retain your home.

Category icon Foreclosure, Housing

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Money Missteps That Matter

Mar 06, 2009 |

Take care of your financial mistakes so they don't put holes in your pocketbook.

Category icon Financial Wellness

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February 2009

Step-By-Step Plan To Getting Out Of Debt

Feb 06, 2009 |

With the economy in a slump, one can sympathize with the number of people currently facing debt.

Category icon Debt Advice

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7 Ways the Sexes Handle Credit Differently

Feb 04, 2009 |

Think men and women whip out their credit cards for different reasons? What about debt repayment ---- are there behavior variances between the sexes?

Category icon Credit Cards

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January 2009

Holiday Bills Fill The Mailbox

Jan 20, 2009 |

With record unemployment, a combination of rising minimum payments, interest rate hikes, and reduced credit limits are causing a consumer credit crisis.

Category icon Holidays

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Reward Cards Can Spare Your Wallet

Jan 12, 2009 |

Denise Soto has found a way to save money every time she buys gasoline with her credit card.

Category icon Credit Cards

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"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

All Consolidated Credit counselors are certified personal financial counselors (CFC) We've helped 5 million people get out of debt! Call us today and see what we can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

The National Industry Standards for Homeownership Education and Counseling are a set of guidelines for quality homeownership and counseling services. Industry professionals who adopt these standards can be trusted to provide consistent, high quality advice.
Click here to learn more.

Consolidated Credit Consulting Services, Inc. has been verified as the owner or operator of the Web site located at www.consolidatedcredit.org. Official records confirm Consolidated Credit Consulting Services, Inc. as a valid business. Call us today and see what we can do for you.

Consolidated Credit is a Certified ISO 9001 company, as verified through Bureau Veritas Certification.

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Consolidated Credit is proud to be an ANAB accredited member. Accreditation by a recognized and respected body such as ANAB ensures the impartiality and competence of our company. To see what we can do for you, give us a call.

U.S. Department of Housing and Urban Development - HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. Consolidated Credit is proud to be a member of HUD and also part of the Hope Now Alliance.

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