Topic of the Week Congress is considering legislation that would require credit agencies to delete paid-off medical debt from credit reports within 45 days. Listen live this week to Credit Talk Live USA Worldwide as we tackle this issue. Song Pick of the Week Off The Wall Segment Love, lust, seduction, satire, politics, and personal [...]
Is Owning Your Own Home Still The American Dream?
Topic of the Week “It’s the American Dream to own a home, but whoever said that didn’t do the analysis on it,” says Arzaga, knowing he’s taking a contrarian stance to conventional wisdom. Examining 250 properties around the U.S., and going through close to 40 client files to project the financial impact of owning real [...]
Think Your Funds Are Protected Against Debit Card Fraud? Think Again.
Topic of the Week Think your funds are protected against debit card fraud? Think again. Greater than 25 percent of sever database breaches in the US involve credit and debit cards, according to the Identity Theft Resource Center. While there are laws that limit consumers’ liability for fraudulent charges, there are instances where debit card [...]
U.S. Consumer Debt Rose 8.5% in November
Topic of the Week Consumer debt saw its biggest growth in a decade in November, according to new data from the Federal Reserve, as consumers headed into the holidays ready to spend. The report showed an 8.5 percent rise in revolving debt as more consumers pulled out their cards. Listen live this week to Credit [...]
Home Foreclosures Dip To 2007 Levels
Topic of the Week Foreclosure filings and repossessions fell to their lowest level since 2007 last year. Total filings, including default notices and bank repossessions were down 33% for the year to 2.7 million. Listen live this week to Credit Talk Live USA Worldwide as we tackle this issue. Song Pick of the Week Off [...]
Financial Resolutions To Keep
Topic of the Week 7 Financial New Year’s resolutions you should keep. Every January, you plan to make changes — you really do. This time, though, succeeding at some of the items on your resolutions list is imperative, not just for bragging rights but for your financial well being. Listen live this week to Credit [...]
2011 The Year of Annoying Fees on this week’s Credit Talk Live USA
Topic of the Week 2011 has to be considered the year of annoying fees for consumers. The latest example? Angry Verizon Wireless customers took to chat forums and social networks on Thursday after the company said it would begin to charge customers $2 for making one-time bill payments online or by phone using a credit [...]
Christmas Season Spending on This Week’s Credit Talk Live USA Worldwide
Topic of the Week Christmas holiday shopping season is the most important time on the retail sales calendar, even more so in a year of economic uncertainty. Retail industry professionals, investors, and analysts are obsessed with doing research and making predictions about how consumers will shop and behave. Listen live this week to Credit Talk [...]
Credit Talk Live USA Worldwide Tackles Bonuses for Fannie and Freddie Execs
Topic of the Week Congress is seeking to end the practice of paying million-dollar bonuses to executives at government-controlled mortgage giants Fannie Mae and Freddie Mac. The government rescued Washington-based Fannie and McLean, Va.-based Freddie three years ago after their near collapse because from big losses on risky mortgages they purchased. American taxpayers have dolled [...]
Credit Talk Live USA Discusses Herman Cain and the Occupy Movement
Topic of the Week Over 30,000 people rally in New York City (NYPD estimated 32,500), including organized contingents of workers, students, and other members of “the 99%”. Across the USA demonstrations took place in at least 30 cities and the momentum spread to countries around the world. As Occupy encampments across the country are dismantled, [...]

