STATE — New Jerseyans continue to be gloomy about their household finances. According to the most recent consumer survey by Fairleigh Dickinson University’s Silberman College of Business, just one in five New Jerseyans (21%) report they are better off than a year ago.
TRENTON – Attorney General Paula T. Dow announced today that the owner of several New Jersey loan modification companies has agreed to pay the state $805,000 and stay out of the foreclosure rescue business to resolve allegations he defrauded struggling homeowners who sought help in staving off foreclosure.
ROSELAND– Everyone runs up a little credit card debt, right? That’s what many people tell themselves to justify carrying heavy loan amounts, but the fact is that undisciplined spending and poor credit management are serious problems that must be addressed.
TRENTON – A Senate committee released legislation that would provide residents who save for their children’s college education through a state-administered college savings plan with a state income tax deduction for their investments.
Some people go into business for themselves so they can call their own shots; others turn to self-employment after falling victim to today’s chronic unemployment rates.
UNION COUNTY— A public education forum, “Foreclosure: Moving From Fear To Positive Action,” will be held on Monday, Oct. 18, from 6:30 to 8:30 p.m. at St. Helen’s Roman Catholic Church, 1600 Rahway Avenue, Westfield. The event is free and open to the public.
(SPM Wire) With high rates of unemployment nationwide, almost everybody knows someone who is out of work and actively looking for a job. Adding insult to injury, many scammers are now taking advantage of this opportunity to prey on these job seekers, according to the Better Business Bureau (BBB).
ROSELAND– Many consumers will not have to include banking fees on their monthly expenditure list. However, consider this alarming statistic: 2 percent of banking customers account for 40 percent of all banking fee revenue.
In the coming weeks, millions of Americans will receive 2011 employee benefit open enrollment materials. Yes, it’s a pain to wade through all that information, but simply opting for your current coverage could prove to be a costly mistake.
WASHINGTON, D.C. — A new study by the Pew Fiscal Analysis Initiative projects that without significant revenue increases or spending reductions, the federal debt will climb to the unprecedented level of 132 percent of annual gross domestic product (GDP)—or $54 trillion—by 2035.