Archive for the ‘Credit Report’ Category

Target Discount Credit Card Finds Success with Consumers

Consumers have flocked to Target’s new Redcard offer, which was rolled out nationwide in October, according to a report from the Minneapolis Pioneer Press. The card has attracted many creditworthy consumers to shop more frequently at the major national retailer, and their purchasing increases 44 percent over previous habits upon its activation . [Related Article: [...]

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Delinquent condo owners face public shaming

From posting a list of homeowners delinquent on their maintenance fees to restricting their access to complex amenities, members of one Florida community draw a line in the sand as foreclosure woes abound. By Dan Fitzpatrick of The Wall Street Journal Few things agitate Sid Schulman, who often shoots the breeze with other retirees and flirts with female [...]

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Former Mortgage Co. CEO Pleads Guilty in $1.5 Billion Fraud

The CEO of a mortgage company pleaded guilty last week to two counts of fraud for trying to steal $1.5 billion from investors and the federal government. Paul Allen, the former chief executive officer at Taylor, Bean & Whitaker Mortgage Corp. in Ocala Fla., faces up to 10 years in prison, according to a press [...]

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Gift Cards are Worthless if the Store is Bankrupt

Gift cards are a nice, convenient gift, but what happens if the store declares bankruptcy in Canada? The answer: you’ve got a problem. Last week Global TV News ran a story about the bankruptcy of Tabi, a large women’s clothing retailer with 78 stores across Canada. All stores are being liquidated, and the liquidator is [...]

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Regulators Push to Kill Low Mortgage Dowpayments

If federal regulators have their way, the mortgage of tomorrow may look a lot like the mortgages of yesteryear, back when an old adage held that, “The only people who can get a loan are people who don’t need one.” This week, the Federal Reserve and other banking regulators published a much-anticipated proposal for new [...]

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The great debt relief solutions

Today we have the enormous difficulties with paying the debts. Stress and worries became a common part of life. So all people should be aware of available help with credit cards, offered by many debt relief companies. The debt relief programs are specifically designed to enable customers to repay their existing debt in a more [...]

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Bankruptcy Rate Drops in Canada

The bankruptcy rate in Canada dropped in 2010, according to statistics recently released by the Office of the Superintendent of Bankruptcy. That’s good news, right? Yes and no. First, let’s review the numbers. In 2010 a total of 135,008 Canadians filed a consumer proposal or personal bankruptcy. That’s an 11% drop from the 151,712 who [...]

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