Archive for August, 2009

5 Ways to Build Credit from Scratch

August 26, 2009

If you just turned 18, it’s time to start thinking about credit and your financial future. Your credit report will affect almost every important financial move you’ll make, including buying a home or car. It may even affect your chances of getting a job, as employers can check your credit report during the hiring process. [...]

Best of Home, Money & Credit – Week of Aug. 16

August 21, 2009

I confess, I’m an RSS junkie. I monitor more than 200 news feeds daily looking for the most interesting articles and blog posts about your home, money, credit and life to share on our Quizzle Twitter page. In case you missed ‘em, I’m gathering the “best of” here in a weekly roundup. Credit Reports, Scores [...]

New Credit CARD Act Provisions; Will Your Credit Cards Be Affected?

August 17, 2009

Back in May, President Obama signed into law the Credit CARD Act of 2009, officially known as the Credit Card Accountability Responsibility and Disclosure Act of 2009. It’s a pretty big deal and will likely affect your credit cards one way or another. The Credit CARD Act includes several provisions, most of which will go [...]

Fed Leaves Key Rate Unchanged, Appears Optimistic

August 12, 2009

The Federal Reserve (Fed) decided today to leave its fed funds rate at the 0% to 0.25% range. According to Quicken Loans Chief Economist Bob Walters, the decision to hold the rate was widely expected by financial experts. “The Fed’s decision to maintain its Fed Funds rate at essentially zero is not a surprise,” said [...]

5 Tips for Shopping for a Home Loan from Our Friends at the Fed

August 3, 2009

You heard on the news that rates are at historical lows. Or maybe a friend just got a fantastic deal on a refinance. Whatever the motivation, you’re back in the market for a mortgage. Only, with all the turmoil in the markets and financial industry in the past couple of years, you’re not sure where [...]

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