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February 2012
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April 2012

Bank Of America is rolling out a new program that will allow homeowners in foreclosure to be able to stay in their homes. There is a small catch - you will stay in the home as a renter. The new program will be tested in Arizona, New York, and Nevada. If it is a success, it is widely expected to be rolled out nationwide and then likely implemented by other major banks. It is being called a mortgage to lease program. You agree to voluntary sign over the deed to your home. In exchange, you can lease the property for... Read more →


I can't tell you how many times I have come close to writing an article on the topic of mystery shopping and then decided not to. It is unfortunate, but the concept of mystery shopping has been co-opted by scam artists. It has gotten to the point that the words 'mystery shopper' and scam have become almost one and the same. Last week while I was simply minding my own business I heard my college aged son on the phone arranging for a pair of free tickets to go to an Orlando theme park for the day. Yes, he is... Read more →


How A Small Medical Bill Can Destroy Your Credit

Many doctors and hospitals, frustrated with slow payments from insurance companies, have resorted to the use of collection agencies. The problem has become so prevalent that I heard a story recently of a doctor that turns all of his third party billing directly over to a collection agency. He does not even wait the customary 30 to 60 days before converting his billing into a collection matter. Insurance companies are notorious for delaying payments and I truly believe this is a deliberate part of their business plan. One small unpaid medical bill, however, can wreak havoc on your credit score.... Read more →