Check with the American Bankruptcy Institute and you'll find that there were 801,840 consumer filings in 2007 up from 573,203 in 2006.That is a 40% increase year over year, and sets a dismal tone for 2008. The ABI Executive Director said the situation is likely to escalate this year as heavy con
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01/11/2008
FICO is a credit scoring system used by lenders to determine the creditworthiness of a borrower. It was brought forward by Fair Isaac Corp.Factors of this scoring system are as follows: Each borrower actually has 3 FICO scores, one from each of the credit bureaus: Equifax, TransUnion and Experi
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01/10/2008
Expect to see retailers going green this year. But, they get to look like ecologicol heroes when what they are really doing is trimming overhead by downsizing stores in a not so robust economy. Retailers will be opening smaller stores and using renewable energy products like solar generated pow
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01/10/2008
We've all had those "Why didn't I think of that" moments.Well...here comes another one! There is a company based in irvine CA that allows it's registered members to to swap any physical gift cards of equal value between it's members. The company began offering this free service around Christmas
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01/10/2008
London did it's part in some very interesting research spanning a 4 year period and the results are simple, yet astounding! Thank you, Great Britain!To get an extra 14 years of life, you could eat lots of fruits and vegetables, exercise regularly and drink alcohol in moderation. And not smoke.N
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01/10/2008
Most of us believe that Social Security is insufficient for future retirement, although we all pay into it dearly! And therefore it is increasingly important that we all save additional funds in our Individual Retirement Accounts or IRA'S as they are called. That's why it's imperative that you
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01/10/2008
Save this for your calendar....If you get anxious, or just want to be fully informed about the Fed and its upcoming meetings, I wanted to supply you with this year's meeting schedule for the FOMC (Federal Open market Committee).The FOMC holds eight regularly scheduled meetings per year. At these
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01/09/2008
Recent news has focused on the Supreme Court and its decision as to the 3 drug cocktail currently served to execute a death sentence. They will decide if the pain it may cause is excruciating and therefore a violation of the Constitution. Reports are that the Supreme Court appears to be divide
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01/09/2008
Yes...Congress sneaked in a winner of a bill at the end of 2007 to provide a little real estate boost.It was the first big change in years to capital gains laws which govern the sales of principal residence homes. Most homeowners and Realtors know the 3 main capital gains rules: 1) married, joi
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01/08/2008
Wow! It's been an exceptional Football season! But perhaps the best thing about the current Football season is that it helps mask the mess that baseball is currently experiencing.The winter cold turned up the heat on 88 baseball professional players recently as the Mitchell report named these p
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01/07/2008
