Credit Cards For Less Than Perfect Credit

Get ready for mortgages to become more expensive – and stay that way.

The Obama administration has released its recommendations for reforming housing markets and overhauling the government’s role in backing mortgages. And virtually all of them involve pulling back the supports the government has traditionally provided to make home loans more affordable. Even the 30-year fixed-rate mortgage, prepayable without penalty, which generations of homebuyers have come to regard as a near-birthright, could eventually be priced out of reach of many homebuyers and play a significantly reduced role in the housing market.  Read the full post

The jumbo financial reform legislation sitting on the Senate floor has 200+ proposed amendments to overhaul Wall Street as well as Main Street. It’s aimed at regulating financial institutions and protecting consumer issues to avoid future financial meltdowns and better protect consumer interests. The legislation addresses everything from the creation of a consumer financial protection agency to safeguards against big bank bailouts. If it passes, how will this epic financial reform proposal affect the everyday consumer?

1. Free Credit Scores For Certain Consumers. A

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