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Elder Americans’ Debt Growing Fastest

Elder Americans’ Debt Growing Fastest

Are Grandma and Grandpa over-spending through credit cards?  Companies that track consumer debt say yes. According to last weekend’s WSJ article quoted in our last blog, Coping with Debts of the Dead, America’s Elderly are incurring unsecured credit card debt faster...
Coping with Debts of the Dead

Coping with Debts of the Dead

This weekend’s Wall Street Journal reported in a front-page article on how debt collectors are targeting spouses, family and friends of recently deceased in an effort to collect debt incurred by their loved ones. As part of the process described that seems to me like...
Home Prices Edge Downward

Home Prices Edge Downward

Another topic the popular press is covering on a daily basis is foreclosure. In today’s WSJ report on changes in an S&P index of home prices, home building consulting firm president John Burns is quoted as saying home purchasers are only buying when they get a...