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 →

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 →