Personal Finance and Investing

Credit cards can provide several benefits in times of financial difficulty, including simplified budgeting, decreased financial burden and various types of rewards, such as discounts or rebates on gasoline purchases and airline tickets. Thus, being instantly approved for a credit card is certainly an appealing proposition, especially when a credit card issuer promises a prospective cardholder that they have already been pre-approved. Although such terms may appeal to sub-prime cardholders who are having difficulty being approved for a credit card, the following information should be considered.

Instant Approval Vs.

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Time Magazine has posted an article that brings to light a new method that some banks are using to deal with the massive number of foreclosures that are on the housing market: bulldozing them.

According to Stephen Gandel, writer of the original article, there are 1.7 million US homes in various states of foreclosure. Most of the houses are owned by banks, or will be owned by banks after the foreclosure processes. With so many foreclosed houses on the market, it’s possible for housing prices to stay down for years.

However, some of these bank-owned homes won’t ever be for sale.

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Today the NLRB released its final rule mandating all private sector employers subject to the National Labor Relations Act to post notices informing employees of their rights under the Act. The final rule is scheduled to be published in the Federal Register on August 30, 2011. Posting of the Employee Rights Notice becomes effective November 14, 2011. Failure to post will be an unfair labor practice.

Failure to post the Notice will constitute an unfair labor practice which may be filed with the NLRB by any person. F

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House prices ‘will stay underwater until 2020′ The UK property market will be frozen for the next ten years, economists have warned, as they predict house prices will not return to their peak rate until after 2020. Read more…