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Stories for Thursday, June 25, 2009
Another debt-settlement firm goes bankrupt
Debt Relief USA -- a prominent debt-settlement firm that Clark criticized in the past -- has filed for bankruptcy, according to The Dallas Morning News. The debt-settlement firms in general will promise to reduce your credit card debt by up to 75% -- if you pay them several thousand dollars ...
Recovery in the housing market still to come
A small number of real estate markets around the country have seen activity firm up with multiple bids on houses. This has been especially true in the bubble states where values fell the furthest. Does that mean recovery is coming in the market at large? Don't bet on it just ...
Radical new changes coming on student loan front
There's a radical change coming on the student loan front that Clark wants you to know about. Effective July 1, 2009, an income-based repayment plan (IBR) will become available to borrowers with federally guaranteed student loans such as Stafford loans and Grad PLUS loans. Under the new program, your payment ...
Cable monopolies try to face the challenge of free online TV
Two cable monopolies are joining together to face the challenge of free TV online presented by Hulu, YouTube and other websites. Time Warner and Comcast are experimenting with the idea of offering cable shows online for free once a user has "authenticated" that they are a paying cable or satellite ...
Websites/phone numbers mentioned:
NFCC.org - Free or low-cost housing counseling MagicJack.com - Cheap VoIP service
