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Empathy for debt collectors?
Sep 22, 2011
This week the Federal Trade Commission issued a report calling for major changes in the debt collection industry. Robert Andrews analyzes the debt industry.
American credit scores plummet
Sep 22, 2011
The number of Americans with dismal FICO scores is going up. About 15 percent of Americans had a score of less than 600. But today, according to the Associated Press, it's more like 25 percent. Jeff Horwich reports.
Credit score, not
Chris Farrell Jul 14, 2010
Question: One of my two credit cards will begin charging an annual fee this year. I have had this card for ten years and always pay the entire...
Debt or savings
Chris Farrell Jul 2, 2010
Question: I owe over $10,000 on a single credit card, but I have a fixed interest rate of 3.99% for the life of the balance as long as don't make...
Close accounts
Chris Farrell Jun 2, 2010
Question: My wife and I have two credit cards which we don't want anymore. We never use them and we pay 5.00 per month on one of them....
Student loans vs credit cards
Chris Farrell May 20, 2010
Question: I have about 10K in credit card debt that I stupidly accumulated in undergrad and after college before I was able to land a job. I have...
Credit cards vs student loans
Chris Farrell May 14, 2010
Question: I was recently able to lock my existing credit card debt in at 1.99% or less for the next 6 months, which is lower than the roughly 3.5%...
Credit cards and credit scores
Chris Farrell May 3, 2010
Question: I use my credit cards for the sole purpose of building credit. I do not have a long credit history, I make a small monthly purchase on...
Cosigning credit card
Chris Farrell Apr 29, 2010
Question: My 25 year old son, Jason, has always bought everything with cash and now finds himself unable to get a credit card even from his own...
Cash or credit
Chris Farrell Apr 29, 2010
Question: I understand that merchants are paying a 1 to 5 percent transaction fee every time I use my credit card. It would seem logical that I...
