The U.S has decided to revamp the mortgage system and the Obama administration has already chalked out the basic plans. The government aims to attract private capital, and end unethical mortgage practices. Federal plans also specify the demise of Fannie Mae and Freddie Mac. There are plans to raise rates for government backed mortgages to [...]

In financially challenging times, increasing your cash flow can improve your monetary situation significantly. While extra sources of income can be a great way to increase your cash flow, prioritizing your debts is another effective yet overlooked solution.  There are certain types of debts which, if eliminated quickly, can boost your finances. You might not [...]

Debt can weigh on you pretty heavily. You may have sleepless nights due to monetary troubles. Moreover, the collection agencies can make you feel miserable. They make abusive calls at your home and office. They harass you in public places. They even ignore the guidelines of the Federal Trade Commission. The collection agencies often use [...]

The new Telemarketing Sales Rule of the Federal Trade Commission is all set to give a tough fight to the menace of debt relief scams from September, 2010.