PMI Foundation Awards $50,000 Grant to Consumer Credit Counseling Service of San Francisco

The PMI Foundation, the philanthropic arm of the PMI Group, Inc. , today announced a $50,000 grant to the Consumer Credit Counseling Service of San Francisco. Â The grant will support continued funding for CCCS of San Francisco's successful nationwide mortgage default counseling program which has helped thousands of borrowers avoid foreclosure and retain their homes. Â It will also provide ...

Anatomy of a smart credit cardholder

From your head to your feet, these are key attributes you can hone to help manage your credit wisely

New rules restrict credit counselors

The North Platte Telegraph We've all seen the ads, we've received the phone calls. Buried in credit card debt? Want to settle what you owe for pennies on the dollar? Falling for the pitch of companies who promise to help you pay off your debt can cost hundreds of dollars and leave consumers facing the same amount of debt. It's called "front loading," and the Federal Trade Commission is going to ...

FTC rules take aim at debt-relief industry

The Federal Trade Commission issued stringent new rules cracking down on the burgeoning debt-relief industry on Thursday, saying it too often charges consumers hefty upfront fees but fails to reduce the amount of money they owe creditors. Business - Debt settlement - Financial Services - Federal Trade Commission - Financial Planning

THE CREDIT GUY: What are the pros and cons of paying off old debt?

Q: If I pay an account off that has been delinquent since 2005,will the delinquent account stay on my credit for seven years fromthe date of my payment?