In March 2007, Senate hearings examined abusive practices of many credit card issuers. One of the leading focuses was on universal default. What is Universal…
Posts published in “News in Finance”
A rise in foreclosures has caused a seemingly unlikely reaction in the credit card industry. Few people can dispute the fact that the majority of…
Fair Isaac and Co. has decided to snuff out a growing practice of leasing out good credit to those who have no credit or have…
The Directors and Officers of Vision Credit Education, Inc. are pleased to announce that our application for tax-exempt status has been approved by the Internal Revenue Service.…
Beginning July 1, 2006 interest rates on student loans are set to increase substantially. Anyone with variable rate Stafford and PLUS loans will need to…
Payday lending is banned outright in a number of states, while many set an interest rate cap. Despite these laws, payday lenders have successfully operated…
On May 15, 2005, the IRS announced the revocation of tax-exempt status from numerous credit counseling agencies. In all, 63 cases have been examined, representing…
Historically low mortgage rates caused a flurry of investment in real estate. A number of first-time homebuyers as well as many with damaged credit also…
In just eight months after the official campaign kickoff, the 2,000th NC Saver enrolled in the statewide campaign. NC Saves is a statewide effort to…
The three main credit bureaus have announced that a new credit scoring model will be in place by Fall 2006. VantageScore will be used by…