Credit Crisis

The credit crisis is making financial matters difficult for everyone. Foreclosure and unemployment rates are on the rise, banks are failing and lenders are requiring stricter guidelines and more documentation. Come here for updates on the credit crisis and advice for what you can do to improve your financial situation.

Featured Credit Crisis Article

Recession and Credit Crisis: Which America Do You Live In? Can Anybody Get A Loan Modification?

The news from Wall Street and the federal government seems good and bad - but they're trying to get the word out that the recession is almost over. If you believe the recession is almost over, maybe you live on the moneyed streets of Wall Street, because there are plenty of folks on Main Street who are still feeling the effects of the recession and credit crisis. For thousands of homeowners, they have applied for loan modifications but can't get their lenders to focus on their applications.

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