With foreclosures hitting record levels, many people are having to sit down today and wonder how they should go about restoring their credit in the aftermath of a foreclosure I am not going to lie to you

The new Congress and President are hard-at-work trying to push through a new economic stimulus package Our elected leaders are claim the stimulus package will cost $825 billion, but the Congressional Budget Office (CBO) - which is known for its accurate accounting - says that with interest costs, the package will actually cost $1

Businesses across the country are being forced to close their doors, due to the credit crunch that is preventing those companies from getting the credit lines that they require to maintain operating costs Other businesses like the auto giants are suffering from lackluster sales, not because they produced a bad product, but because banks tightened the reigns on consumer auto loans, preventing consumers from buying those high-dollar products

Every now and then a financial emergency arises that you just did not have planned in your budget Maybe you had a fender bender with the car and you need cash to get it running, but the check from the insurance company will take a week or so to get here