Subprime Borrowers With Poor Financial Literacy Are More Likely to Default, Report Says

June 25th, 2010

Many consumers have no option but to face this fate, as high unemployment and diminished home equity have left them with little in the way of liquid assets. Improving their financial literacy, however, may be useful in avoiding this situation in the first place, according to a recent report by the Federal Reserve Bank of [...]

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Government Debt Relief Help – How Stimulus Package is Helping Borrowers Eliminate Debt

March 11th, 2010

Does debt settlement help? Is it not irritating to get a long lecture on the importance of credit score or the unimportance of credit score when all you want to find out is whether debt settlement actually does what it promises to do-reduce your debt? The average individual is not bothered about the credit score [...]

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