Finance is a huge part of our lives yet it remains something that many people struggle with. Today, more than ever before, people are getting into financial difficulties and debt. The recession has been going on for a few years now and people’s houses are still being repossessed. People are still losing their jobs. Worst […]

If you own a Bank of America credit card, then you are likely aware of the fact that the bank has changed (and is continuing to change) its credit card policies due to the passage of Congress’s Accountability, Responsibility, and Disclosure (CARD) Act of 2009, which takes effect in February 2010. It would be in […]

We know the old adage: never go into debt for depreciating assets. For a long time, the conventional wisdom has been that bad debt are things like credit cards, appliances, and things that lose their value quickly. At the same time, many people regard two types of debt as “good debt”. These are mortgage debt […]