Home » Entries posted by Takara Alexis

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Understanding Credit Scores

If you have tried to take out a loan or open a new credit account recently, you know that the days of easy credit are long gone. Lenders, insurers, landlords and even some employers are more diligently investigating your credit history to see if you’re a worthwhile risk.

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SWAT Team Sent To Collect Loan

There is not, at this point, going to be a clear resolution at the end of this story about a Stockton, Calif., man whose door was broken down by a SWAT team seeking some defaulted student loans.

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Mid Cap Stock

The definition of a mid cap varies depending upon who you ask. Many define mid-caps as being companies with a market capitalization between $1.5 billion and $5 billion. Others raise that number up a bit and define them being between $2 billion and $10 billion. In the end, it depends on who you ask. Market capitalization is the price of the company’s stock, multiplied by the number of shares outstanding. It’s mostly the value the market places on a company.

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When Good Markets Go Bad

The markets have nearly rebounded to the historic highs reached in 2000, but investors have not forgotten the emotional confusion of the tech bubble burst and its aftermath. History tells us the markets will cycle down once more eventually; we just don’t know exactly when. When that downturn comes, a financial plan, an investment strategy (how you get to the big picture) and a trusted financial professional can make the difference between staying the course and bailing out too soon.

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Retail Enjoys A Good Holiday Season

Retail got some good news this year! January sales at top U.S. retail chains took a turn for the best from last year’s decline, maybe due to the fact that many avoided drastic clearance sales, and shoppers cashed in on the holiday gift cards.

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So Called Debt Collector Scams Seventeen Victims

A debt collector in Williamsville pleaded guilty recently to defrauding a local bank in a scam that led to his nearly two dozen victims to lose $440,000. Noah Schapiro, the man who ran the fraud was told by the State Supreme Court he will probably face a prison term of six to twelve years and will that he will be forced to sign confessions of judgment for his whole scam to seventeen debt investors and the Citizens Bank.

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Pay To Stay” Prison Program A Miserable Failure

In the counties of Butler and Hamilton, Ohio, the sheriff’s departments tried to collect cash from prisoners to pay for the cost of their stay at prison. A huge failure, the program was halted a few weeks ago after it cost taxpayers $69,000 to settle a federal lawsuit. The state auditor put an end to the program because it wasn’t generating any revenue.

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Which Financial Issue Do You Tackle First? Mortgage Or Credit?

What do you do if your income diminishes? You have less money, but the amount of debt you owe remains the same. What’s the best way to prioritize payments? If you have credit cards chances are you might also have personal loans and a mortgage.

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It Is Important To Protect Yourself Under The New CARD Act

The new credit card bill that takes effect in February will have huge ramifications for both issuers and cardholders. Restrictions on rate increases, fees and increased disclosure requirements will bring about many changes for issuers. Borrowers should learn about the crucial stipulations in the law and the loopholes.