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TFGI
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TFGI offers visitors a vast array of helpful debt articles and updated news on the US finance industry.
Recent Posts
Students Turn to Federal Loans to Pay for College
There is a nonprofit organization named College Board that has tracked the amount of student loans, among other statistics, originated each year. Based in New York, the most recent report on the 2008-2009 academic year shows there were approximately ...
Medical Debt Can Ruin Credit
Did you know that medical debt can ruin a consumer’s credit? Some people believe that medical debt is excluded from the credit calculation, or they don’t even think about the unintended consequences of medical debt. Yet every year millions of peo...
US States Implement Stricter Rules on Debt Collection
Consumers facing increasing delinquencies are also facing more aggressive debt collection procedures. Anyone who has had to deal with professional debt collectors knows they can be ruthless at times. Because of this ruthlessness the US Congress pass...
Consumer Debt Falls Even as Mortgage Delinquencies Rise
There was a cartoon in a newspaper that showed an up trending stock market with a man standing next to it labeled “consumer”. On his back are a number of bags stuffed full and they are labeled with words like unemployment and foreclosures. It is...
Homebuyer Tax Credits and Fraud
The American Recovery and Reinvestment Act passed in February 2009 included a provision granting an $8,000 tax credit to first time homebuyers. The tax credit program ends on November 30, 2009 and there is a push on to extend it into 2010. The Homeb...
Obama Mandates Credit Counseling Before Bankruptcy
Americans have had a complete turnaround in their spending habits. Those Americans who were working during the relative prosperity of the 1990s, but perhaps missed some of the recessions in the 1970s or late 1980s, tended to spend everything they mad...

