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Latest Consoladation News
Borrowing key to COLA bill (Pacific Daily News) Gov. Felix Camacho last month vetoed two bills that would provide alternative methods of paying the court-ordered cost-of-living allowance to government of Guam retirees.Bank of England Surprises with Base Rate Hike The surprise 0.25 percentage point hike in the base rate by the Bank of England to 4.75% left the majority of borrowers and economists wrong footed, sending UK equities, Gilts and short sterling falling. But with inflation the only focus of the BoE, the question may not be if, but when will rates rise again?Paid Volunteers Needed for Debt Consolidation Documentary plus Debt and Relationships Article People needed for prime time BBC1 documentary on debt consolidation companies, remuneration available. Also people/couples required for proposed Daily Mail article on debt and relationships, remuneration offered.Bad News for Bad Faith Bankrupts Official Receivers target "Bad Faith Bankrupts" with Bankruptcy Restrictions Orders, enabling them to impose bankruptcy restrictions for up to 15 years.Does Your Business Need a Stay at Business Boot Camp? Get specialist business advice and you could win a cash-injection into your business. Celador Productions are looking for businesses to take part in a new television series. Flexi-rate credit card rewards faster repayment with lower interest rate New credit card with a flexible interest rate which reduces the more you pay off your debts each month to help those who want to pay off their credit card balances get out of debt faster.Home Repossession Orders Soar 66 Percent Mortgage repossession orders issued in the three months ending September surge to 19,687, levels not seen since the third quarter of 1993 and the dark days of the property recession.
Previous Forum Posts/Comments about consoladation
Posted on: Oct 13, 08 12:10 am by: Katie Finley
I thought that this was awesome when I first read it...
In fact, financial institutions may start taking legal actions against debtors. Once a judgment is obtained, financial institutions can normally get an interest-bearing stake against the credit card borrower for up to 10 years, with the right to renew it for another 10.
The new law also requires that a debtor undergo credit counseling six months before filing for bankruptcy.
Posted on: Oct 12, 08 10:28 am by: Kay Hutchings
Look at what finally happened...
Removing old closed accounts that don't have any negative items is a bad idea simply because you benefit from a long credit history and those accounts speak to that credit history.
Your lender may have a different perspective. Lenders are apt to penalize you for having too much available credit, fearing you'll snap one day and go on a spending binge that is well beyond your means.
Posted on: Oct 12, 08 12:12 am by: Amanda Jones
I found this while looking on the internet...
And as for receiving your credit report via fax, all three credit agencies said they've hung up on that possibility. It's just not secure.
Beginning this September, residents of Pennsylvania will be able to get their credit report for free, but only once each year.
Posted on: Oct 11, 08 05:31 am by: Katie Jones
What do you all think of this?...
Keep trade confirmations for up to seven years after you file a tax return showing a gain or loss from selling a security, Mersereau recommends. That way, you'll have supporting documents if the IRS questions your return.
•Retirement plan contributions.