Topic: Consumer Credit and Debt
Foreclosure rates up by smallest amount in 4 years
AP News
Foreclosures rise 6 percent in February, smallest yearly increase in 4 yearsThe foreclosure crisis isn't over, but the pace of growth may finally be slowing down. RealtyTrac Inc. said Thursday that the number of U.S. households facing foreclosure in February grew 6 percent from the year-ago level, the ...
Credit card users: Not so responsible after all?
AP News
Are credit card users really paying down debt? Analysis finds bank write-offs caused 2009 dropWith unemployment high and personal wealth diminished, how was it that strapped consumers were paying down their credit card debt last year? It turns out they probably weren't. The bulk of 2009's drop in ...
Home loan demand nudges higher in latest week
Reuters US Online Report Business News
NEW YORK (Reuters) - U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday. If demand for purchase loans, a tentative early indicator of home sales, continues to climb it will bode ...
Lifelock Agrees to Pay $12 Million to Settle Federal, State Charges
consumeraffairs.com
Settlement bars company from misrepresenting its supposed identity-theft protection serviceLifeLock, Inc. has agreed to pay $11 million to the Federal Trade Commission and $1 million to a group of 35 state attorneys general to settle charges that the company used false claims to promote its identity theft protection services, which ...
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