Bank of America Halts Foreclosure Sales in All Fifty States
Finally, there is some good news on the Foreclosures Gone Wrong front. On Thursday, October 7th, President Obama vetoed a bill to speed up foreclosures given the flaws in the foreclosure process. On October 8th Bank of America, the nation’s largest bank, announced...
Foreclosures Gone Wrong
How would you feel if the house you paid for in cash was foreclosed? Picture the house you own (no mortgage) being seized by the bank, all of your possessions removed and the locks changed. You've become a victim of foreclosures gone wrong. Paying cash for something...
Are the Best Things in Life Free?
“The best things in life are free” is an American Proverb. Do you believe it? The saying is so popular that there have been songs, books, musicals and poems written to tell you why - the best things in life are free. I thought about this saying when I read...
5 Important Things You Need to Know Before Settling Debt
Are you thinking about settling your debt on your own? While there may be debt settlement companies offering to do it for you, you can do it yourself and save money on fees. Plus, many creditors prefer working directly with you over the debt settlement companies...
New FTC Rules for Debt Settlement Companies in Effect
Are you tired of hearing those debt relief commercials that sound 'too good to be true'? They tout irresistible offers to wipe away your debt fast and easy. In some cases, they even proclaim the government will pay your debt with bailout money. Sadly, many of these...
Illinois Appliance Rebate Program Ends Soon
This morning my husband suggested that we buy our new freezer tomorrow. I replied, “What’s the rush?” He thought it would be a great time to buy, since he just watched a Sears commercial about the Illinois appliance rebate program — where Illinois residents save 15%...
NBER Says – The Great Recession is Over
Yesterday the National Bureau of Economic Research (NBER) announced that the “Great Recession” ended in June 2009. It’s the longest recession on record since the Great Depression, lasting a total of 18 months (December ’07 – June ‘09). Given this significance, the...
Chase Issues Formal Apology for Website Outage
Chase bank issued a formal apology to bank customers for their website outage last week. During the website outage (from the evening on September 13th through September 15th when website was restored), customers were unable to access their accounts on Chase.com or via...
Remember to Ask for Your Discount
During my mom’s last visit to Chicago she shared one of her secret money saving tips. As an avid saver myself, I'm use to scouring the internet for promotion and discount codes before buying anything online. Before shopping, I normally look for coupons online, through...
Speeders Beware: Illinois Traffic Tickets Go Up Today
Starting today speeding tickets and other traffic violations will go up as much as 60% in Illinois. If you drive in Illinois, it’s going to cost you more money for speeding and many other traffic violations. After all, its been reported that there has not been an...
