The biggest drawback of using a credit card is the risk of credit card fraud. Unlike debt (which is incurred consciously) credit card fraud can strike at any time, and frequently with no warning to the card holder until it’s too late. And the consequences range from the merely annoying, such as having to call […]

Fairfax, VA – April 26, 2010 – In our troubled economy more and more people are having trouble paying their debt. When seeking help, many consumers are confused about their options. The U.S. Senate is currently holding hearings regarding debt settlement. The Association of Independent Consumer Credit Counseling Agencies (AICCCA) encourages consumers to learn the […]

Fannie Mae says it will make it easier for struggling homeowners who avoid foreclosure now to buy a home in the future. Under new rules that will take effect in July, Fannie says it will allow homeowners who voluntarily transfer ownership through a “deed in lieu of foreclosure” or complete a short sale, where the […]