April 1st, 2011 by Lola Binns
Would you be willing to work for no pay?
Some of people would, especially those seeking to gain experience while searching for a job. CNN Money reports that unpaid jobs are becoming more common. Struggling job-seekers are willing to give up a regular paycheck for the experience gained through unpaid internships.
But this raises the question of the legality of unpaid work.
According to the U.S. Department of Labor, unpaid internships are legal. But the internship must follow six guidelines, including ensuring that the internship primarily benefits the intern and does not displace any current employees.
The U.S.
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March 30th, 2011 by admin
Getting into debt is really easy but getting out of it is really hard. However, if you really try hard, you may be able to lower your debt levels. There are various debt relief options like debt settlement, credit consolidation, debt management, and so on. If you opt for credit consolidation all of your credit accounts will get consolidated into a single debt.
How to avoid living on the edge?
You can avoid living on the edge of bankruptcy by saving money and though credit consolidation. Credit consolidation helps you go on making your debt payments as the interest rate is lowered and the number of payments is lowered too. Read more…
Tags: Credit Consolidation
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March 29th, 2011 by admin
A member of parliament has increased concern which the general liability for payment protection insurance claims and its mis-selling could very well reach £4 billion.
Jonathan Evans quotes that the complete expenses of mis sold ppi might be in the billions variety, with over the years the significant stats becoming enormous.
The MP said: “I’ve observed signals that in due course the overall liability in relation to PPI is probably be not in the hundreds of millions nevertheless the billions of pounds. I Read more…
Tags: mis sold ppi
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March 24th, 2011 by Brayden McLaurin
If you’ve ever applied for a credit card, there’s a good chance you’ve seen the “household income” section on the application form.
And when you came across it, you may have wondered how to fill it in. If you were a kid, you may have added your parents income to your non-existent income.
Or perhaps you combined the income of your roommate(s) or spouse. And while
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Tags: Card, Credit Card, Household Income
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March 24th, 2011 by Lola Binns
*Welcome to our weekly credit lessons to brush up on your credit know-how!*
While scrolling through the Credit Karma blog, I stumbled upon a credit score quiz. I’m happy to say that I only missed three out of ten questions, but I also realized that I, along with many other consumers, am still a credit newbie. So I’m going to start by brushing up on the basics.
Anatomy of a Credit Score
Your credit score is a three-digit number that has an effect on many areas of your financial life. It’s used by lenders to determine your creditworthiness, or the likelihood that you’ll pay your debts in a timely manner. Wheneve
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Tags: Credit Score, Score
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March 23rd, 2011 by Sara Morsen
Facing foreclosure is a scary thing. Being on the verge of losing your home is one of the worst feelings that a person can go through. A person shouldn’t go through this alone, not if they want any chance of keeping their home. A good foreclosure attorney can help a person keep their home and avoid the heartache of losing it.
A foreclosure attorney can negotiate on your behalf with the bank. There are a few things that they can come up with like mortgage modification, chapter 13 bankruptcy, full payment or even federal assistance programs. Any of these things can get a person to be able to keep their home.
A good foreclosure attorney should preferably be contacted before the foreclosure process begins, but they can help in the middle of the process.
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