According to Kiplinger.com McAfee, the antivirus software company recently release a list of the most dangerous places to give your social security number. You may be surprised by the list.
True or False? All you need is one credit card? That use to be true before the recession but, now that credit card issuers can cancel your card for any reason, you should have more that one according to Real Simple Magazine. Credit card companies are closing accounts and reducing spending limits even on customers with good credit histories if they perceive they are having cash flow problems.
A recent article in the Wall Street Journal regarding What is Protected in a Bankruptcy it stated that by year end, more than 1.6 million people are expected to have filed for personal bankruptcy, according to the American Bankruptcy Institute.
Many homeowners during this economy have lost a great deal of equity in their homes. Milwaukee has seen a drop in property values. Many homeowners now find themselves "underwater" on their mortgages, owing more to their lender thatn their homes are worth. In the past few years many borrowers purchased their home with two mortgages: 80% first mortgage and a 20% second mortgage. If you obtained this type of loan or refinanced your home and took a second mortgage, you may find yourself having difficulty making your payments. Having a free initial consultation with one of our attorneys can assist you in determing whether the option of eliminating your second mortgage is right for you.
*You are using cash advances on one credit card to make payments on other cards.
Right now most people are pinching pennies wherever they can. That's not always a good idea. Sara Noel od Frugal/Village.com says that spending more on the following items will save you money in the long run.