Having one’s home foreclosed is a serious event with long lasting effects on one’s credit history and credit reports. Consequently, any consumer facing a foreclosure should consider if a short sale may be a better option.

This article gives information on loan modifications. Reasons you should obtain one and how to negotiate a loan modification.

On October 19th, 1987, the stock market experienced one of “…the largest one day stock market crash{es} in history”. The Dow went down by a value of $500 billion

Why lenders are making it more difficult for consumers to obtain diffrent types of credit and what you can do to help yourself.