CNN Reports: “A $7,500 credit may push some new buyers into the market. But the money must be repaid, and the program probably won’t be enough to jump start the housing markets.” See also my article How Much Is A Ton Of Interest?
Per Fortune Magazine: “The squeeze has already started, which is why Congress is in the process of passing the Credit Cardholders’ Bill of Rights, which would prevent issuers from changing rates and terms without warning, among many other provisions.” See also my article Credit Cards’ Dirty Lil’ Secrets
CNN Reports: “Don Perras, a college professor approaching retirement age, says the family has stopped using cards, except for rare instances like booking hotel rooms on the road. Instead, the couple uses their debit cards.” See also my article Credit Card’s Dirty Little Secrets
CNN Reports: “Saudi Arabia, the world’s largest oil producer, is concerned that sustained high oil prices will eventually slacken the world’s appetite for oil, affecting the kingdom in the long run.” See also my article How Bad Is Your Debt Vulbnerability?
CNN Reports: Only a few years ago, Americans who considered themselves middle class were scrimping to pay for their kids’ college education. Now, many of them are struggling to cover far more basic needs - gas and groceries. See also my article, Debt Priority, Hierarchy of Debt
CNN Writes: “It’s hard to imagine now, but in 1999 gasoline sold for 90 cents a gallon. How’d we get from there to $4 a gallon?” Additionally, if you would like some debt advice to stretch your budget, see my article 40% Pay Raise Without Asking The Boss
CNN Reports: “…the Office of Thrift Supervision, responsible for overseeing the nation’s savings and loans, endorsed a seven-point plan to tackle “unfair” and “deceptive” practices by companies that issue credit cards. ” See also my article Credit Cards Dirty Lil Secrets
CNN Reports: “With gas prices now averaging $3.51 a gallon nationwide, according to AAA and the Oil Price Information Service, more and more Americans who have to drive are weighing the need for each and every trip.” See also my article Money Strategies In Car and Life Insurance.
CNN reports: “Senate Democrats and Republicans, under election-year pressure to do more about the mortgage crisis, worked around the clock Wednesday to draft a bipartisan housing bill that has been fast-tracked for a debate and vote”
Cnn Reports “The proposal… would have the Federal Housing Administration guarantee hundreds of billions of new, lower-cost loans to troubled homeowners. See also my article, How Much Is A ‘Ton of Interest’?