Category Archives: Banks
State Officials Across the U.S. Investigate Legality of Foreclosures
It’s still a shot in the dark, but there’s a possibility that some foreclosed homes could be returned to their owners, according to Chicago bankruptcy attorneys. Officials in every state across the U.S. – including Washington D.C. – are investigating improperly handled documents and illegal activities that may have allowed lenders to foreclose on thousands… Read More »
Are you Better Off Paying Down Debt or Investing Your Savings?
It’s a sad day when even interest rates on online savings accounts – once the cream of the crop – are hovering below 2%. But just because today’s rates aren’t good for growing your nest egg doesn’t mean they can’t help you save money. It’s only a matter of time before rates go up again…. Read More »
How Paying Down Debt When Rates Are Low Can Save Money
It seems like every time I check my bank’s interest rate, it’s getting lower. But while today’s record low rates are bad for growing my savings, they can be good for paying down debt – a saving method in itself. Eventually – and probably sooner rather than later – rates are going to start going… Read More »
Identifying Missing Money Is One Way to Increase Your Income
Not much compares to the surprise of finding a forgotten $10 bill in the dryer – except stumbling upon $1,000 in forgotten money. Believe it or not, it happens, say Atlanta bankruptcy attorneys. No, not in the dryer. But occasionally money gets forgotten in closed bank accounts, payments relating to long-ago jobs, insurance policies, dividend… Read More »
Big Banks Add New Fees to Counter Passage of Financial Reform Bill
If at first you don’t succeed, try, try again – it could be the motto of big banks following Thursday’s passage of the financial regulation bill. Banks have for months been attempting to stop the legislation, which will cut into their profits from debit card fees – and which could in turn lower prices for… Read More »