April, 2009

Collections Company Coming After Me for Back Taxes

I got a very stressful call yesterday from DCS - Diversified Collections Services. The caller said that I owed $11,0333 dollars in back taxes to Virginia and unless I paid it within the next 2 days they would start the process to garnish my wages. This person called me at work right before 5pm. ...

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House Passes Consumer Credit Card Protections

Riding a crest of populist anger, the House cleared a bill to rein in credit card practices and eliminate sudden increases in interest rates and late fees that have entangled millions of consumers. The legislation passed by a bipartisan vote of 357-70 and follows lobbying by President Obama.» E-Mail This     » Add to Del.icio.us Read more ...

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Four U.S. Cities with the Highest Unemployment Rate

National unemployment goes up, again More U.S. residents every day are staring down unemployment checks. Unemployment has gone up every month since the beginning of the recession. The national unemployment rate for March was 8.5 percent, up from 8.1 percent in February. It’s bad everywhere, but some U.S. cities have been hit particularly hard. Here are the four ...

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Ken Lewis, Bank of America Board Keep Their Jobs

Bank CEO was protested Despite outcry from shareholders and protests at Bank of America’s annual shareholder meeting today, Ken Lewis will retain his position as CEO of Bank of America. The rest of the board will also remain in their current jobs. For details on protests, read my earlier post. Thou doth not protest enough Though shareholders were up ...

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Mortgage Revamps Leave Consumers Looking to Short Term Loans

Short term loans can help consumers having mortgage problems The short term loan is an option for people having problems meeting mortgage payments. With last years’ careless handout of adjustable rate mortgages, many people are finding themselves at a deficit when repayment dates come. How to find extra money is a hot topic and many people ...

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