The Freedom From Debt Blog

A Senate Subcommittee held a hearing on Tuesday to investigate many common practices of credit card companies.  The committee is concerned that many of these practices could be unfair and potentially abusive to consumers. Pay on Time Every Month, Have Your Interest Rate Raised One issue at the center of the hearing was the case of [...]

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Everyone connected with subprime lending during the past four years knows that the subprime mortgage business is in trouble. Foreclosures are hitting record highs in many housing markets. Several major mortgage companies are going under as their sources of funding dry up.   Predatory Mortgage Loans   The main cause of this collapse is the [...]

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