Category Archive for: ‘Financial News’

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  Does The New CardAct Law Discriminate Against Stay At Home Parents?

  Have you read about the CardACT legislation that went into effect, October 1, 2011?  If not, read up here: The Federal Reserve’s rule told credit card companies that they no longer can consider household income when assessing the creditworthiness of an individual who applies for [...]

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• Changing Student Loan Practices Due to Market Turmoil

  Some of you may remember my post about Sallie Mae No Longer Consolidating Student Loans. [The following was provided by Mark Kantrowitz and expanded by NASFAA.] Updated List Of Lenders Changing Loan Practices In the wake of the subprime mortgage market turmoil and lender subsidy [...]

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