Two Scenarios, One Result With the deadline to raise the federal debt ceiling looming, one of two outcomes appears likely: One. “The band-aid” solution (also known as “kicking the can down the road”). Under this scenario, Congress and President Obama reach some cosmetic, convoluted compromise that essentially buys (more) time. Two. The two parties’ philosophical differences...Read More
What’s So Bad About Bad Credit?? For many consumers, preserving one’s credit rating is one of those sacrosanct, preserve-at-all-costs values. But what if you don’t plan to buy anything? Or are afraid to? Or simply can’t afford to? Then, a trashed credit rating really may not matter so much. Especially if it means ditching a...Read More
