Filed under: , ,

grim reaperInvestors large and small are looking for a new way to return to the juicy profit level of sub-prime’s heyday, and one product beginning to gain popularity is life settlement funds, AKA Grim Reaper funds.

(Continue the story…)


Filed under: , ,

grim reaperInvestors large and small are looking for a new way to return to the juicy profit level of sub-prime’s heyday, and one product beginning to gain popularity is life settlement funds, AKA Grim Reaper funds.

(Continue the story…)


Filed under: ,

“Ann” is mad as hell and she’s not going to take it anymore. After Bank of America jacked up the interest rate on her credit card to 25.49% (It had previously been at 12.99%) even though she wasn’t behind on the account, she posted a video on YouTube (see below) and announced that she wouldn’t be paying the bill again unless the bank lowers her rate.

I hate to stomp on a populist uprising as much as anyone, but here’s the thing: Bank of America didn’t do anything wrong.

(Continue the story…)


Filed under: , ,

Sometime between Sept. 2 and Sept. 3, a burglary occurred at a home along Angelo Drive in West Los Angeles.

Businessman Richard Weisman lost a collection of 10 silkscreened Andy Warhol paintings of famous athletes, including Muhammad Ali, Pele, Tom Seaver, O.J. Simpson, Dorothy Hamill, and himself. He’s not an athlete, but hey, when you have a lot of money, you get to have whatever you want.

(Continue the story…)


Filed under: , , ,

Intuit, the makers of Quicken, announced it is purchasing Mint.com, a rival personal finance Web site, for $170 million.

(Continue the story…)


Filed under: , , , , , , , , ,

So you’ve heard of credit scores, but do you really understand how they’re calculated? In this week’s episode of Show & Tell with The 2 Mortgage Guys we’ll break down the credit report guidelines and give you a few tips on how to keep your score from limiting your financial options!

(Continue the story…)


Filed under: , ,

One of the most difficult parts of losing a job and becoming an unintentional freelancer is losing health benefits.

(Continue the story…)


Filed under:

In their new book “Crossing the Finish Line,” former Princeton University President William Bowen and former Macalster College President Michael McPherson look at the high college dropout rate that is plaguing higher education in America — and explore some possible remedies.

They also have some intriguing data: Even after adjusting for high school GPAs and SAT scores, students who attend less selective schools are more likely to drop out.

(Continue the story…)


Filed under: , , , , ,

It’s hard to imagine a pleasant foreclosure. Like root canals or appendicitis, they don’t really come with a silver lining; after all, it’s hard to find a way to put a smiley face on being turned out of one’s home. However, while there are few things that can make a foreclosure enjoyable, there are many factors that can make it considerably worse. Perhaps the worst of these is the notion that the bank, an entity that is ethically charged with making the foreclosure process as impersonal as possible, would allow its employees to reap a personal benefit from a customer’s pain.

(Continue the story…)


Filed under: , ,

Being in debt is challenging enough before you add the pressure of the debt collector.

(Continue the story…)