Stephen Leifer - Thursday, March 08, 2018
Illegal 'zombie' debt collections rampant in Florida, advocate says
Invalid and illegal debt collections are at record levels across the U.S., and Florida is No. 2 for complaints about the practice, according to a national tracker of frequent flier programs and credit card rewards.
The practice, dubbed “zombie debt collections” by RewardExpert, are defined as attempts to collect debts not owed, those that were already paid or discharged, de ..
Stephen Leifer - Tuesday, February 27, 2018
One of the most daunting parts of buying a home is saving up enough money for a down payment. While there are plenty of low down payment loan options (https://admortgage.com/blog/low-payment-home-loan-options/), even smaller down payments require a fairly considerable amount of cash. There are some alternative ways to get a downpayment—like getting gift payments (https://admortgage.com/blog/guide-gift-payments/) for example—but most people will save money for a down payment. In o ..
Stephen Leifer - Wednesday, February 21, 2018
During Richard Cordray’s tenure as director of the Consumer Financial Protection Bureau, the CFPB pummeled American consumers and the economy while doing little to promote financial stability. The pain was especially acute for low- and middle-income consumers who lost access to credit cards (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2499819), faced higher bank fees and reduced access to free checking (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2446080), and found it ..
Stephen Leifer - Friday, February 02, 2018
Being self-employed can be a freeing lifestyle in which you can make your own schedule, take charge of your own projects, and feel the passion in your work each day. The entrepreneurial lifestyle definitely has its pros, but it also comes with a lot of hard work and different challenges. As a self-employed person, you may see getting a mortgage (https://admortgage.com/rate-quote-2/) as a challenge because of traditional lending guidelines and regulations. While the loan process (https:/ ..
Stephen Leifer - Wednesday, January 31, 2018
Equifax is promising consumers new control over access to their personal credit data — for free, and for life — as interim CEO Paulino do Rego Barros Jr. apologized to people affected by the company's recent data breach. He said the company had failed to live up to expectations.
"On behalf of Equifax, I want to express my sincere and total apology," Barros wrote in an op-ed for The Wall Street Journal (https://www.wsj.com/articles/on-behalf-of-equifax-im-sorry-1506547253 ..
Stephen Leifer - Friday, January 19, 2018
Paying off your mortgage early and living mortgage-free so you can use the money for other things—such as travel and an early retirement—can sound like a pipe-dream that’s impossible to get to, but it doesn’t have to be.
If you have a 30-year mortgage, there are a few ways to cut that time in half, or at least come close to it:
Add a monthly payment each year
This easy step will cut about three years off a 30-year mortgage by spreading out one extra mon ..
Stephen Leifer - Wednesday, November 08, 2017
Stephen Leifer - Friday, November 03, 2017
Stephen Leifer - Wednesday, September 20, 2017
Saving money and budgeting usually go hand in hand. Both are often difficult for even the most disciplined of people. However, setting up some guidelines can help make the process easier.
Cut Your Check in Half
A good rule of thumb is to use only half of your paycheck for necessities. These essentials may vary by household, but some common items to include are:
Debt rep ..
Stephen Leifer - Wednesday, September 13, 2017
Your credit score has a dramatic impact on many aspects of your life. , Your credit scores dictate what credit you are eligible to receive and at what interest rate you will pay for that credit. Due to the importance of your credit profile and scores, it is critical to safeguard. Here are a few tips to accomplish this:
Monitor Your Credit
It is important to periodically check your credit reports. This can help you find errors and more quickly detect and solve a p ..