More Housing Woes Loom

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In even more depressing news for the United States housing market, experts believe that it will become incresingly more difficult to get a traditional mortgage, even for those with a good credit record.

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3 Secrets You Should Know About Credit Cards


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Everybody has a credit card, and everybody knows the basics of how it works. But there are a few lesser known facts that could cause you problems. They’re not secrets, as such – they’re public knowledge, often found in the small print of your credit card contract – but they’re facts that you should be aware of to avoid getting into trouble with your credit card.

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The State of the Union’s Economy


Creative Commons License credit: Joshua Davis (articnomad)With all the bad financial news in the press today, filling up your local news and the front page of your favorite paper, you’re bound to be wondering how bad the shape of the economy is. MSNBC’s John Schoen says that though a storm is on the horizon, it’s hard to say how bad it’ll get.
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February Foreclosures Up 60%


Creative Commons License credit: Kanou HirokiIt seems like most finance news is bad news lately, and unfortunately this is no different: In February 2008, the national foreclosure went up 60%, compared to foreclosures in February 2007.
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Tips for Improving Your Credit Score

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Do you even know your credit score? It’s a very important number. If your score is just two points below the most desirable scores of 700 or better, it can cost you thousands of dollars in interest on a home mortgage.

Your credit score is the number one tool that lenders use to determine the interest rates you’ll pay for credit cards, car loans and home mortgages. Consumers with scores below 600 are typically charged high interest rates, and if your credit score is really bad, you may be not be able to borrow at all.

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Reality Hits With A Debt Calculator


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It’s a bit scary, sometimes: you’re just cruising through life, perhaps spending more than you’re earning, or at least now and again getting a car loan or putting some emergency costs on your credit card, and suddenly - you’re in debt.

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