July 3, 2009
Banking fees cost consumers more than they realize; banks under pressure from huge losses continue to increase those fees. Your “free checking” may be “bait” for other fees which can cost consumers hundreds of dollars per year. Be careful! In a New York Times article by Eric Dash, banks who received billions of dollars [...]
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July 1, 2009
Mortgage delinquencies continue to increase, signaling a steady rise in Chapter 7 bankruptcy and Chapter 13 Debtor’s Court filings, throughout the rest of 2009 and into 2010. According to Margaret Chadbourn’s article at Bloomberg, delinquency rates on the LEAST-risky mortgages have more than doubled in Q1 2009, as compared to Q1 2008. Government attempts [...]
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