Category Archives: Economy
Returning Gifts Gets Easier Thanks to Recession
We all know it’s the thought that will count when we rip off the wrapping paper tomorrow. But that doesn’t change the fact that some presents just aren’t the right fit (sometimes literally). With money tight, I don’t think it’s selfish to admit that we want to make every gift count – especially when we’ve… Read More »
Chicago Bankruptcy Lawyers Say Workers Could See Rise in Raises and Benefits
Good news on the job front. With the economy picking up steam, employers are again warming up to the idea of raises, bonuses and 401k matches, according to USA Today. It’s a welcome change going into the new year. But it also brings up a couple good points. First, getting a boost from your boss… Read More »
Consumers Credit Is Getting Harder to Come By
We often hear about how we shouldn’t rely so much on credit. But rarely do we hear the other side of the story – the fact that many of us could no longer qualify for more credit if we wanted it. Just a few years ago, lenders were handing credit out like candy – in… Read More »
More Borrowers Default On Mortgages As Holidays Approach
‘Tis the season for giving, but if many of us don’t curb our spending habits, the only thing we’ll be giving is our home – back to the bank. Just as the media was reporting in September that an economic recovery was underway, there were still roughly 4 million homeowners either in some stage of… Read More »
Mortgage Defaults Increase Despite News of Economic Recovery
A growing number of Americans aren’t going to be home for the holidays this year – and it’s not because they’re traveling. Despite news that the economy is under recovery, foreclosures are again on the rise as a growing number of borrowers with good credit and fixed-rate loans default on their mortgages. It’s just the… Read More »