| Best Debt Consolidation Service Opens Its Doors
A new debt consolidation service called Best Debt Consolidation has started taking on clients in the UK. The new service is an online response to the massive surge in people seeking help with their finances, and in particular their borrowing, which is out of control for a significant percentage of households. The new service can write off 60 percent of personal debt immediately, under recent government laws. (PRWEB) November 1, 2007 -- Best Debt Consolidation has been created to meet the needs of the thousands of individuals and families in the UK who look for help with their finances every week. In many cases their borrowing is out of control. For some people, this is a culmination of years of borrowing against the rising value of their property, while their earnings have not kept pace with the demands of their repayment
obligations.
Credit score matters, but don't obsess over it
I always cancel credit cards I've stopped using, even if closing the accounts hurts my credit score by raising my debt-to-credit ratio. Why keep unneeded accounts open and risk identity theft? I don't follow the advice to split charges evenly among cards. The idea is to use only a small part of each card's credit limit to boost our credit score. But because the only two cards I use offer rebates, I'd rather pick the one that gives the most cash back for each purchase (one does at grocery stores, for example, and the other at gas stations). Naturally, I always pay my card bills in full. Your e-mails show that many of you carry a balance because you think doing so improves your credit score. It doesn't. Even if it did, I'd rather save on the interest charges. My credit score? The last time I checked two years ago, it was over 800 (760 or higher generally qualifies for the best credit terms).
Oritani Financial Corp. (MHC) to Acquire Greater Community Bancorp
WASHINGTON TWP, N.J. and TOTOWA, N.J., Nov. 14 /PRNewswire-FirstCall/ -- Kevin J. Lynch, Chairman, President and CEO of Oritani Financial Corp. (Nachrichten) (MHC) ("Oritani") the holding company for Oritani Savings Bank, announced that Oritani has entered into a Merger Agreement providing for the acquisition of Greater Community Bancorp (Nachrichten) ("Greater Community") by Oritani. Greater Community is the holding company for Greater Community Bank. Under the terms of the Merger Agreement, Greater Community shareholders will be entitled to receive $21.40 per share or $187 million in aggregate deal value. The consideration mix will be 60% stock and 40% cash. The exchange ratio for the stock consideration will equal $21.40 divided by the Oritani market value as defined in the Merger Agreement, provided that the exchange ratio shall not be more than 1.4588 or less than 1.1935.
American Debt Trends Leading Toward a Need for More Senior Citizen Jobs
An American's chances of getting and staying out of debt, beating the market for investments, and consequently retiring and staying retired on time are less than 5 percent. Mount Jackson, VA (PRWEB) November 15, 2007 -- Mike Peterson sees lots of individuals and families of every income level who simply don't have enough money. Peterson is the co-founder of The American Credit Foundation and author of the recent book "Reality Millionaire: Proven Tips to Retire Rich." According to a survey published by Pew Research Center in September 2006, more than three quarters of today's workers (77%) expect to work for pay even after they retire. This expectation contrasts strongly with the experiences of people who are already retired - just 12% of whom are currently working for pay (either part or full time), according to the Pew survey.
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