Jun 22

Social media is being used for everything from promoting products, product information, finding jobs, contacting and locating business associates to networking with business contacts, locating and contacting friends, and expressing opinions. We don’t usually think about collectors using social media as a means to locate debtors through their relatives and friends,municate with debtors, learn more about debtors’ assets, and where debtors are at any given time…but they are!

Social media

Some of the examples of popular social media sites are Facebook, MySpace, and Twitter.  Facebook is be more popular with collectors. In both Facebook and MySpace, you be a very open book by including posting pictures of you, your family, your home, new cars and vacations.  This provides invaluable information to the collectors; they could be tipped off that you have money that could be used to pay your debt. It is b

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Tags: Media, Social Media

Jun 21

Lights flashing, adrenaline flowing, the scrolling triple 7s rewarding you with the jackpot of a lifetime; who in the world hasn’t dreamed of striking it big in Vegas? You could finally go on that vacation to paradise, pay off your home, or maybe even help support your family for generations to come.

But those lucky 7s don’t have to be confined to Vegas.  In fact, one of the most important 7s you should be shooting for is a credit score of 700 or higher.  It may not reward you with cash jackpot worth millions, but obtaining a credit score above 700 will certainly open the door to more desirable credit cards with rewards, 0% interest credit cards, mortgages, auto loans, and other credit products that will save you thousands in interest during your lifetime. 

While the relative ambiguity of the credit scoring system can make you feel like a higher score is a feat of extreme luck, here are 7 steps you can take to better your chances:

1. Know and

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Jun 18

There are countless numbers of books, TV shows, and movies that feature extremely wealthy characters who live a life of power and luxury. Their personalities range from greedy and egotistic to good-natured and philanthropic. Each one of them, and the stories they help create, leave some sort of imprint on our minds.

Over the past decade, Forbes Magazine produced the “Fictional 15” list. This list names the wealthiest fictional character for that year, along with their estimated earnings. We decided to use some of the information from these lists, do some additional estimations (aka complete guess work and creative license), and compile our very own list of our top 10 wealthiest fictional characters. Enjoy!

From: Wall Street, Wall Street: Money Never Sleeps

Estimated Net Worth: $1.2 Billion

Gekko’s fortune has not dropped with the financial meltdown that still holds much of the world hostage. Back

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Tags: Characters, Fictional Characters

Jun 16

Facing 25 online personal finance journalists, President Obama got personal, giving a glimpse into his own financial history — including the money advice his grandmother gave him and why the $125,000 in student loans he and his wife Michelle racked up was a good investment.

The president was an unscheduled drop-in guest at the Personal Finance Online Summit, an event held Wednesday at the White House. During the event, high-level administration economic officials gave an afternoon of on- and off-the-record briefings to an assorted group of online personal finance editors, myself included. The idea for the summit came, presidential message adviser Stephanie Cutter said, because “Americans are looking to take charge of their personal finance issues …

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Tags: Finance, Finance Journalists, Personal Finance, Personal Finance Journalists

Jun 13

Citi has just launched a brand new limited-time offer: you’ll earn 50,000 bonus ThankYou points for spending $2,000 in the first 3 months of opening a new Citi ThankYou Premier Card account. This signup bonus is enough for $665 worth of airfare when you redeem your points through the ThankYou Travel Center. Alternatively, you could exchange your 50,000 points for $500 in gift cards or other rewards.

You’ll also earn 1.2 points per $1 when you use the card at gas stations, supermarkets, drugstores, and at commuter transportation and parking merchants. Everywhere else, you’ll earn 1 point per $1 spent.

In addition, some of the card’s other benefits include:

  • No foreign exchange fees
  • Earn points for the miles you fly when you purchase a ticket with your Citi ThankYou Premier Card.
  • Earn an anniversary bonus based on the number of points earned from purchases every year. The lon

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Tags: Points, Premier Card, Thankyou Premier, Thankyou Premier Card

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