How to invest in an IRA

Sun Apr 17, 2011 11:04AM

Investing in an IRA is quite easy. Your IRA investment offers tax advantages on retirement savings so you can potentially accumulate more money. But before you start thinking about how to invest, understand the following risks and limitations, 1....

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Ways to save money

Tue Apr 5, 2011 12:04PM

Times are tough and going to get tougher. You must save money and I know 7 ways that can certainly help to achieve just that. First, stop spending too much. Analyze you monthly spending, find ways to cut back and...

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2010 IRA contribution deadline

Tue Apr 5, 2011 10:04AM

While 2010 is in the history books, you can still make your 2010 IRA contribution. The deadline is April 18, 2011. Normally, the final deadline for making an IRA contribution for any year is the due date of the tax...

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Debit card fraud protection - use it as credit card

Sat Feb 12, 2011 11:02PM

You know that using a debit card is getting more dangerous these days. There are so many ways crooks can steal the number and PIN, and get to your checking account when you make store purchases. And clean that...

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Credit card fraud, newegg.com

Wed Dec 29, 2010 11:12PM

I am a victim of credit card fraud. Makes me truly mad. I don't have an account with newegg.com. As a matter of fact, I had not heard of this outfit until last Friday, when I went online to check...

First Premier Bank credit card for bad credit - Platinum MasterCard

Mon Dec 6, 2010 09:12AM

These cards advertise 60-second online credit response with a preapproved confirmation number. Credit lines are often limited under $1,000 and the card is unsecured. Several of our acquaintances just received such offers. They owe anywhere from $30,000 to $70,000...

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Credit cards lower late fee, returned payment fee and more

Wed Dec 1, 2010 11:12AM

As I lamented before, those no-fee 0% interest for 12 or even 15 months balance transfer offers became the things of the past, because the whatever credit card / debt reform it was, severely limited ability of banks and credit...

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Bankruptcy after divorce, can they come after my ex assets?

Mon Aug 2, 2010 05:08PM

For those of you who want to split and bear no hard feelings towards each other, it is an important question. This is quite a complicated issue and if you think you can get away filing for bankruptcy after divorce,...

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Ex husband is filing for bankruptcy and the cosigner on auto loan

Sat Jul 31, 2010 01:07AM

Q: 4 years ago my ex cosigned for my Nissan truck. That is a 60-month loan. We divorced 2.5 years ago now he is filing for Chapter 7. He told me the creditor would certainly come after my truck...

Credit card delinquencies fall

Fri Jul 9, 2010 10:07PM

Despite very high unemployment and plummeting home values, credit card delinquencies fell to an 8-year low in the first quarter of 2010, that is according to the American Bankers Association. And for the first time since 2002, the number of...

Credit card closed due to inactivity

Sat Jul 3, 2010 12:07PM

Q: I have 8 credit cards and have decided to pay them in full to keep them all with zero balances. Want to boost my credit score. I am currently at 652 with TransUnion. I am going with cash...

Should I sell my house now or wait for the price increase

Mon Apr 26, 2010 12:04PM

Q: I am thinking if I should go ahead and try to sell my house right now. My girlfriend who is an office manager for local RE/MAX tells me to wait. According to her, the ongoing buzz in the office...

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EverBank CD - MarketSafe Diversified Metals CD

Wed Apr 14, 2010 10:04PM

I got wind of this rather cool offer from Whiskey & Gunpowder folks. The MarketSafe Diversified Metals CD which will be released at EverBank April 15, which is tomorrow. The concept is pretty unique, this EverBank CD will take as...

Credit card lenders charge off unpaid debt

Thu Mar 18, 2010 10:03PM

You heard of course that Americans are saving more, borrowing less and yes, oh yes, finally paying off their credit cards, bringing national credit card debt to the lowest levels since a very long time ago. Ya, right, according to...

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How to increase credit card limit

Sun Mar 14, 2010 10:03AM

Most consumers want to increase their limits in order to either raise their credit scores or improve the buying power. There are two ways you can undertake to increase your credit card limit. You can apply for higher limits on...

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How to buy house in 2010 - home buying guide

Thu Jan 28, 2010 01:01PM

In this home buying guide I want to focus on emotions of the buyers. Let us forget for a few minutes about your down payment and credit history, even though, we will of course talk about those. I suspect, it...

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FDIC insurance coverage, limits, rules

Sat Dec 26, 2009 09:12AM

The Federal Deposit Insurance Corporation or FDIC insurance coverage limits have been increased from $100,000 to $250,000. Certain rules apply and we will show you how to take advantage of those later, but in general, deposits at FDIC insured institutions...

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2009 income tax rates, brackets

Wed Nov 25, 2009 09:11AM

Here we go again, time to plan and check your 2009 income tax rates and brackets, and get together with your accountant. Or if your taxes are simple enough, your IQ is reaching triple digits and, most importantly, you...

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Home buyer tax credit act 2009 - in 2010 with increased income limits

Sat Nov 14, 2009 10:11AM

Welcome to another stimulus edition. Now that The Worker, Homeownership, and Business Assistance Act of 2009 extended the home buyer tax credit through April 30, 2010, offering specifically a tax credit of up to $8,000 for qualified first-time home buyers...

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Adjusted Gross Income vs. Modified Adjusted Gross Income

Fri Nov 13, 2009 09:11AM

With all the stimulus packages that have been passed left and right, everyone has gotten confused with the definition of Adjusted Gross Income or AGI. In order to qualify for many stimulus perks, your AGI, not the salary or...

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Roth IRA conversion in 2010, rules, income limit, eligibility

Wed Nov 4, 2009 11:11PM

2010 is almost here and Roth IRA conversion fever which I could never comprehend, is heating up. For those who do not know, Roth IRA was established by the Taxpayer Relief Act of 1997 and named for its chief sponsor,...

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Wage garnishment in Michigan

Tue Oct 27, 2009 03:10PM

Q: What is the wage garnishment law in Michigan? I am making close to nothing and old credit card judgement came back hard. A: Michigan wage garnishment writ expires 91 days after issuance, so a new one must be...

Checking Account Overdraft Protection - Avoid Bank Overdraft Fees

Mon Oct 19, 2009 11:10PM

Checking account overdraft protection can be enabled with ease if you have a savings account in the same bank. Call you bank and ask them to set up an automatic overdraft protection by drawing funds from your savings account. This...

FDIC insurance limits

Thu Oct 15, 2009 10:10AM

Q: How much is the FDIC limit now? A: FDIC insurance limit is at least $250,000 through December 31, 2013, part of the Helping Families Save their Homes Act of 2009, signed by president Obama on May 20. Earlier,...

Should I pay off my mortgage early or invest?

Thu Jul 16, 2009 12:07PM

Such a dilemma. I thought I made my point before - you should not pay off mortgage early under current circumstances. But here is the email I received last Sunday, and with the sender encouragement, I am sharing it....

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Will new credit card law further limit consumer spending?

Sun May 24, 2009 08:05PM

It just may. Now that we have new credit card law, we need to examine some things to see what may be coming to us. Even though most provisions will go into effect 9 months from now, with just...

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Credit card bill that passed - coming credit card law

Thu May 21, 2009 04:05PM

Once become law, the bills, that are to the best of my knowledge are House bill H.R.627 and Senate bill S.235, will not take effect for a year. The only exception taking effect in 90 days, is a requirement that...

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Child identity theft

Mon May 4, 2009 03:05PM

Child identity theft makes a lot of sense for a potential crook, since few expect child identity to be stolen and often, there is a large gap between the theft and the discovery of it - often for years, giving...

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Wage garnishment laws in Pennsylvania - not so fast

Tue Apr 14, 2009 04:04PM

Q: I live in Pennsylvania, can you explain what the wage garnishment policy is here? I carry several thousands on my Visa, and last week received the letter standing that account is closed and I am given three months...

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2009 first time home buyer tax credit

Mon Mar 9, 2009 10:03AM

If you are the first time buyer, then you get the tax credit of 10% of the home purchase price, up to a maximum credit of $8,000 for homes bought in 2009. Now this is how the first time home...

New York wage garnishment laws and garnishment of bank account

Wed Feb 25, 2009 03:02PM

Q: What are the wage garnishment laws in New York state? Also can my bank account be garnished? One of my creditors has just obtained a judgment and I need to know what to expect ... if I should...

Voluntary repossession is still a ... repossession

Tue Feb 17, 2009 03:02PM

No matter what you heard, read or want to believe, voluntary repossession is not going to protect your credit rating and relieve you from deficiency judgment. You credit report will simply show REPOSSESSION under status and have I8 credit...

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Wage garnishment in Ohio - disposable income garnishment only

Thu Jan 29, 2009 11:01PM

Q: How does wage garnishment is structured in Ohio? I heard that up to 40% of paycheck can be garnished. Is every type of income can be garnished? A: In Ohio, creditors can garnish only 25% of your disposable...

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2008 IRA contribution limits

Thu Jan 22, 2009 03:01PM

Q: What were contribution limits for regular IRA in 2008? What about catch-up contribution limits? A: Standard contribution limit to a traditional IRA in 2008, according to IRS, was and still is $5,000. You can be making your 2008...

Wage garnishment in Texas is not constitutional

Tue Dec 9, 2008 11:12PM

Q: I owe roughly $3,400 and the creditor threatens to garnish my pay. My legal department guy claims, Texas doesn't allow wage garnishment. Is this true? The creditor keeps on threatening. A: You are in luck, as long as...

Post dated checks should never be used

Thu Dec 4, 2008 11:12PM

With several emails asking the question, I can't stress it hard enough. Never send post dated checks to a debt collector, not even one. If that wasn't explained clear enough in Collection agency requesting post dated checks, I suggest...

Writ of garnishment explanation

Tue Dec 2, 2008 10:12PM

Q: What does 'writ of garnishment' means? I heard that term few times on TV. A: Basically it is a process which is used to seize the defendant property that is in the possession or control of a third...

Voluntary repossession doesn't protect you from a deficiency judgment

Tue Nov 4, 2008 04:11PM

Four emails came within last 2 days with the following question - if I voluntary give up my car to the lender which is known as Voluntary Repossession, will I be protected against a deficiency judgment? For the readers unfamiliar...

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Florida wage garnishment statute protects main bread winner

Mon Oct 27, 2008 01:10AM

You if live in Florida and you are the head of household, your wages can not be garnished, according to Florida Statutes ยง222.11. It is called head of family exemption. What is more, the amount of wages protected is unlimited....

Chapter 13 bankruptcy and foreclosure

Thu Oct 23, 2008 02:10PM

Q: Can Chapter 13 bankruptcy stop foreclosure? I am afraid we about to fall behind, I just lost my job and my husband had to take 15% cut to keep his. We are considering filing Chapter 13. Everyone says...

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IRS levy is just step behind the tax lien

Thu Oct 16, 2008 12:10PM

IRS tax levy is simply a continuation of the enforced collection process by the government. We have received over 20 emails on the subject just this week alone, as folks are fretting and IRS has stepped up its collection...

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Living on one income doesn't mean living on one paycheck

Wed Oct 15, 2008 06:10AM

Yes, it doesn't have to. Get a second job and another paycheck. To me living on one income means husband works while wife stays home to take care of it, him and kids. Of course today, you find wives working...

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Looking for a blogger t...

Fri Oct 10, 2008 03:10AM

Looking for a blogger to help us to reflect the latest financial advisory in the Media. You'll be responsible for generating new content daily. Get paid per post and grow with the company. Strong writing skills and some basic...

Wage garnishment in California

Mon Oct 6, 2008 12:10PM

Q: What is the law on wage garnishment in California? I live in Hayfork up north. Why can't you make nice table just like you did on credit report freeze? A: Quite bad. California wage garnishment law allows lender...

How to dispute rent increase and rental deposit return

Tue Sep 16, 2008 11:09PM

After the recent sample of a rent dispute letter we received at least a dozen requests to put together another two - on how you dispute rent increase and rental deposit refund, which are two rather large issues nowadays, with...

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Rental dispute letter

Wed Sep 3, 2008 04:09PM

Several readers were looking for a rental dispute letter. While this is not exactly our forte, we realized two things - there is virtually nothing resembling a rental dispute letter nor instruction on how to write one, and rental disputes...

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Bankruptcy attorneys and advice are in demand as bankruptcy filings are rising

Thu Aug 28, 2008 03:08PM

Bankruptcy attorneys are having a field day, or rather a year. The number of people and businesses seeking bankruptcy advice or heading to bankruptcy courts is very high. According to government figures released Wednesday, bankruptcy filings surged 29% in the...

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Fannie Mae quarterly earnings and outlook spell disaster for home values

Tue Aug 12, 2008 08:08AM

I had always little belief in so called Wall Street analysts, and their forecast of Freddie Mac and Fannie Mae losses is simply laughable. So Fannie Mae lost cool $2.3 billions in quarter as defaults on Alt -A home loans,...

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Honda Finance making paying off early a bit complicated

Mon Aug 11, 2008 10:08PM

I have had very decent experience with Honda Financial Services, but several readers sent email in response about having some problems when they tried to pay off their installment loans with Honda Finance early. All reside in south-western states....

US dollar forecast is mixed

Mon Aug 4, 2008 08:08AM

US dollar is going to get stronger according to forecast by many economists. Based on following factors - likely slowdown in Europe, Federal Reserve raising interest rates, demographics and productivity, some say that the dollar is going higher for...

Honda Financial Services could be the best for 668 credit score

Wed Jul 30, 2008 12:07PM

Q: I want to buy a 2005 Acura TL but having issue with financing. My scores are 664, 668 and 691 and my credit history length is under 15 months. Few places I went to get approved are giving...

An incredible number of foreclosures

Mon Jul 28, 2008 12:07PM

A loan officer whom I've known for years sent around 2,500 letters to her old clients some 10-14 days ago, in effort to get at least some business going as times are truly horrendous for mortgage brokers. 11 people called...

Dave Ramsey, Costco and Chinese made products

Tue Jul 15, 2008 12:07PM

I read The Costco Connection mag sometimes, since my wife is a Costco member, and who isn't these days? Under 'Starting right' section there are 5 "experts" including Ramsey, Tiffany Bukow of www.msmoney.com, Eric Tyson who wrote Personal Finance for...

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Free fall for housing market with no end in sight

Sun Jul 13, 2008 05:07PM

I was talking again with few people who are very enthused and simply itchy for housing to rebound. One is the realtor and two others rather heavily bought into few foreclosures and REO properties. Presently these two have been watching...

Buying foreclosures in this market? Not me ...

Fri Jul 11, 2008 04:07PM

I would not touch anything right now with 50-foot pole. Wait, make me a 150-foot one please. What you buy today for 70 cents on a dollar, you may be forced to sell tomorrow for 50 cents and so on....

More financial pain to come

Sun Jun 29, 2008 11:06PM

On Thursday the DOW fell 358 points to close at a new low for the year and the NASDAQ dropped 80 points and the S&P 500 gave up 39 points. Then on Friday the DOW went down additional 107 points,...

Repossession and/or foreclosure after bankruptcy

Mon May 19, 2008 01:05PM

With economy slowing, utility bills and gas prices on the steep rise, many recently bankrupt consumers facing repossessions or foreclosures or both....

Does credit card 'authorized user' have any legal obligations

Wed Apr 30, 2008 04:04PM

Q: My ex was an authorized user on the MasterCard that belongs to my brother. He charged $1,700 on it and refuses to pay. Is there a way to force him pay? Being only an authorized user, he can...

Wage garnishment in North Dakota

Mon Apr 21, 2008 03:04PM

That is the second time in a week readers ask about wage garnishment, this time in North Dakota. The maximum part of an individual aggregate disposable earnings for the work week that is subject to garnishment in North Dakota...

Wage garnishment in Illinois

Fri Apr 18, 2008 02:04PM

Q: I live in Illinois and have judgement against me for $3,250. Can they go after my paychecks and garnish my wages? A: They sure do, according to Fair Debt Collection, in Illinois the maximum part of an individual's...

CitiMortgage playing games or it did lose files containing personal information

Thu Apr 10, 2008 12:04AM

CitiMortgage which is rumored to be bankrupt or on the verge, sent letters which are rather worrisome. Dear CitiMortgage Client: We are writing now to inform you that, during a routine shipment, a box containing your original loan file...

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Bankruptcy numbers increase - more people with bad credit

Wed Apr 2, 2008 07:04PM

Bankruptcy filings continued to increase in the second quarter of 2007, rising 7% to 210,449 from 193,641 in the first. Business bankruptcies rose by 6% to 6,705 from 6,280 in the first quarter and Chapter 11 filings increased by...

Stop foreclosure before it starts, before Notice of Default

Thu Mar 13, 2008 03:03PM

The best way to stop foreclosure is to prevent your mortgage holder sending you Notice of Default. Notice of Default is pretty much the beginning of end of your home ownership. Once you have defaulted 3 monthly mortgage payments...

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Stopping foreclosure - a tall order

Thu Mar 13, 2008 03:03PM

Stopping foreclosure is quite difficult task as, according to just released statistics, one out of every 557 households in the US has failed to stop foreclosure and is in some stage of foreclosure process. That is quite staggering, but...

Filing bankruptcy after judgment

Wed Feb 20, 2008 10:02PM

You can file bankruptcy after judgment was made. Your bankruptcy attorney must file to have judgment vacated or dismissed after your discharge....

Credit crunch UK style

Mon Jan 28, 2008 10:01AM

The problem with credit and credit crunch in UK is not better if not worse than in US. Gone with the wind the hey days of mortgage lending and credit card bonanza. According to the Fool UK, 1 out...

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Credit fraud: personal information on 650,000 customers lost

Thu Jan 17, 2008 10:01PM

How do you like that one? Just like that, a backup tape containing personal data on some 650,000 unfortunate consumers is missing. Mostly the customers of J.C. Penny and about 100 other retailers that used GE Money to handle their...

Everyday things get more expensive

Fri Jan 4, 2008 11:01AM

One of my clients just complained that it is getting rather tight to get by. In his own words, he has to pick and choose which Cognac to buy, because he can't afford to pay $40 per bottle once a...

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Chapter 7 bankruptcy since 2005 bankruptcy law revision

Sat Dec 29, 2007 03:12PM

Since the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) went into effect, Chapter 7 has not been an option for many consumers. The reason for the reform was to end the abuse and fraud, which had been practised...

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Mortgage rates freeze - a bad decision?

Thu Dec 6, 2007 01:12PM

The deal is imminent to on mortage rates on sub prime mortgages. Here are the details of this mortgage bailout. Why understandable on a personal level that loosing a home is not very pleasant, is this a solution or just...

DOW closed up 330 - example of irrational exuberance

Thu Nov 29, 2007 04:11AM

The second biggest 2-day gain in 5 years and the reason was ... the rate cut, evidently. Call me stupid and all those investors smart, but according to Mrs. Gump who was a very wise woman, stupid is as...

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Credit card debt will blow up

Thu Nov 8, 2007 11:11AM

There is no question the credit card debt will blow up, the only question is how soon and how bad. There is something close to $915 billions in U.S. credit card debt, most of which is held by Chase,...

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Combination of FICO and greed is the real culprit of the mortgage mess

Fri Oct 5, 2007 12:10PM

You know what any mutual fund or other investment disclosure says - past performance doesn't guarantee future gains. Forget about 'sub prime this', 'sub prime that', in the end, the sub prime mortgage will remain a sizable but not the...

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Yahoo!Finance experts advice, hahaha

Mon Jul 30, 2007 03:07PM

I am in a bashing mood, so I picked few articles from Yahoo!Finance experts, and decided to put 5 cents, literally, only 5. I often think that they just have to write to fill the space, so they put...

Five credit cards, student loans, credit score of 568, three jobs, college degree, lives with parents, 22 years old

Sun Jul 1, 2007 06:07PM

She just called looking for some debt relief from the pile of debt. Lives in her parents home, 5 credit cards plus school loans have her in $13,000 debt. Add to this $500 monthly payment for Pontiac G6, and...

Knowledgeable accountant often means huge savings

Fri Jun 15, 2007 11:06AM

If you are self employed and making substantial amount of money, over $200,000 a year, selecting a sharp, knowledgeable and experienced accountant can make a huge difference. Sometimes tens of thousands of hard earned $$$ will stay in your...

Investing in real estate is still very risky

Fri Jun 8, 2007 02:06PM

Thinking of investing in real estate now with the prices low and with everyone telling you that the worst with housing market is over? These people are either in the state of denial, or on drugs. You may want...

IRA and 401k plans - are they bad or good or ugly?

Fri Jun 1, 2007 01:06PM

Can IRA and 401k accounts go bad? I received several emails with questions on what can go wrong with IRA and 401k accounts. I have a somewhat unusual angle on those retirement accounts, never mind bad stock market, bad fund...

Your house is destroyed - so is your home equity line of credit

Fri May 18, 2007 04:05PM

Interesting how many rely on the home equity line of credit as the last resort. Large number of homeowners keeps such lines of credit as an emergency lines, in case of loss of employment, for example. But what happens if...

Using 0% interest credit cards to fund your CD or saving account? It isn't worse the trouble

Tue May 8, 2007 02:05PM

Q: A friend recently told me about getting cash advance from his 12-months 0% interest credit card, and putting them into the 12 month CD which pays 6.5 percent. He put $12,000, and now looking for similar credit cards....

Identity theft in TJ Maxx - the largest identity theft ever

Thu Mar 29, 2007 04:03PM

This has just come out - 'at least 45.7 million credit and debit card numbers were stolen from the computer systems of TJX Companies the discount retailer announced late Wednesday. At least half, if not all, the transactions made between...

Get your personal finances in order - worse things to come?

Sun Mar 18, 2007 09:03AM

Dollar fell to 3-month low on sub prime news, and Mr. Greenspan said that weakness in the housing sector could spread into the broader economy. On Friday at some point, the dollar was at its lowest since early December, against...

Dow Jones falls on broken dreams - 11,000 level is possible!

Fri Mar 2, 2007 03:03PM

Investors became too confident again ... and lost. Some lessons are never learned. Where is Dow going now? Look at the Dow chart (2-year) and see yourself: the only established support area on the way down is around 11,000 levels....

Make money by staying away from the Stock Market - the biggest fraud of the 20th Century? A confession of the former day-trader

Sun Feb 4, 2007 01:02PM

A friend of mine was kind enough to share his 'investing in stocks' and day-trading experience. I find it useful and alerting for all of us, and here it is in a brief version. "Want to make money? I...

Save BIG and small - the things that you shouldn't do

Sat Jan 27, 2007 12:01AM

- don't lease the car because you can't afford buying it - you will waste a ton of money - don't get a 30 year fixed mortgage rate just because it is more secure - you likely sell in 3...

Getting rich slowly or die trying first

Wed Jan 24, 2007 12:01AM

When I came to this greatest country in 1989, someone whom I met on the way to Chicago, told me, he was thinking about getting a degree in Accounting. I was puzzled since I knew him as not exactly...

Dave Ramsey, bad debt, debt reduction - why I think Dave Ramsey makes no sense

Mon Jan 22, 2007 12:01PM

I haven't heard about Dave Ramsey, until recently when I read about him on few money and personal finance blogs. I went to his website, and that was a true revelation. Dave Ramsey sells tapes, CDs, training courses, books...

Earn 6% on your checking account from EverBank

Wed Jan 3, 2007 11:01PM

The FreeNet Checking Account from EverBank offers introductory 6.01% Annual Percentage Yield for the first 3 months after account opening. This is very nice, however, afterwards the interest paid will depend on the average collected daily balance, with APY...

Brick and mortar banks paying high interest

Fri Dec 15, 2006 11:12AM

Those of you who are leery of putting money to the virtual online saving accounts, like ing.com or etrade.com, can find similar if not better deals within few blocks from where you live. The only caveat is that account balance...

"Hard landing" according to Countrywide is here, we think it is just a beginning

Thu Nov 16, 2006 01:11PM

According to what Countrywide Financial Corp. CEO Angelo Mozilo said at a Merrill Lynch & Co. conference in New York, the feared "hard landing" is already here, at least for the mortgage industry. We say that this is nothing...

What is APR and how it differs from note rate?

Tue Oct 3, 2006 03:10PM

APR stands for Annual Percentage Rate, and reflects true annual cost of the money you borrow from a bank over full loan repayment period. Suppose you went to Wells Fargo and took 30 year mortgage for $100,000, with the...

Countrywide insiders selling and mortgage rates

Thu Sep 21, 2006 11:09AM

The fact that Federal Reserve and Mr. Ben Bernanke opted not to raise federal funds rate and leave it at 5.25%, gives us little comfort. That was expected, and the prime interest rate stays at 8.25% for now. You can...

Selling your house when nothing is selling

Thu Aug 24, 2006 02:08PM

If you have large debt, or your mortgage terms have changed and new monthly payments are driving you into more debt, or whatever the reason is, and you absolutely have to sell your house, don't list it below what others...

Debt relief for the consumers as Cross Country Bank must pay $9 Million

Fri Jan 27, 2006 09:01AM

Debt relief is late but very welcomed as the Cross Country Bank, one of the nation's biggest sub prime credit card lenders, is ordered to pay $9 millions for its engagement in fraudulent and illegal business practices, according to...