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A collection of news and information related to Credit and Debt published by this site and its partners.

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    May 26, 2013 |Story| Los Angeles Times
  1. Letters: Credit cards still causing problems abroad

    Regarding "Cards Can Only Go So Far," by Catharine Hamm [On the Spot, May 19]. I just returned from a trip to France and Holland, where I used a new PIN and Chip MasterCard I got from USAA. It worked well, except on toll roads in southern France. I...

    Tags: France, Interior Policy, Personal Data Collection, Politics, Netherlands

  2. May 24, 2013 |Column| Los Angeles Times
  3. Split accounts when you and spouse split up

    <strong>Dear Liz:</strong> I just finished paying off my last credit card and checked my credit report as I am now separated from my wife. I found we had one joint account that she had not been paying. There are two stretches of five months each of no payment.
    Dear Liz: I just finished paying off my last credit card and checked my credit report as I am now separated from my wife. I found we had one joint account that she had not been paying. There are two stretches of five months each of no payment. I...

    Tags: Social Security, Interior Policy, Politics, Personal Data Collection, Retirement Planning Services

  4. May 24, 2013 |Story| Los Angeles Times
  5. Sears reports bigger-than-expected 1Q loss

    NEW YORK (AP) — It was another ugly quarter for Sears Holdings Corp. The beleaguered department-store chain reported a steeper-than-expected loss for its first quarter on slumping sales. It also announced that it is considering selling its...

    Tags: Target Brands, Inc., Quarterly or Semiannual Financial Statements, Corporate Officers, Wal-Mart Stores, Inc., Kmart

  6. May 24, 2013 |Story| Los Angeles Times
  7. Torture, drones, indefinite detention breeding home-grown terror?

    The broad-daylight hacking death of a soldier in London this week was Britain&rsquo;s Marathon Moment.
    The broad-daylight hacking death of a soldier in London this week was Britain’s Marathon Moment. Like the twin bombings at the race finish line in Boston last month, Wednesday’s attack by two machete-wielding men spouting venomous threats to...

    Tags: U.S. Military, Crime, Law and Justice, BBC, Pakistan, Prisons

  8. May 24, 2013 |Story| Los Angeles Times
  9. Mortgage underwriting rules eased for seniors with assets

    WASHINGTON &mdash; Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the home loan business, you may be able to use imputed income from your 401(k), IRA and other retirement assets to qualify for the loan you want.
    WASHINGTON — Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the...

    Tags: Interior Policy, Mortgages, Freddie Mac, 401K, Personal Finance

  10. May 23, 2013 |Story| Los Angeles Times
  11. Chevy Spark EV lease highlights electric-car price cuts

    General Motors is joining the electric-car price war with a lease deal on the Chevrolet Spark EV at $199 a month.
    General Motors is joining the electric-car price war with a lease deal on the Chevrolet Spark EV at $199 a month. The deal, announced this morning, follows the recent offerings of $199 leases on Nissan’s Leaf – a big price drop after two...

    Tags: Hybrid Vehicles, U.S. Department of Energy, Automotive Equipment, Chevrolet, Fuel-efficient Vehicles

  12. May 22, 2013 |Story| Los Angeles Times
  13. New L.A. law on medical marijuana shops faces hazy future

    Los Angeles voters took regulation of the city's medical marijuana shops into their own hands Tuesday, embracing a ballot measure to sharply reduce the number of dispensaries in the city.
    Los Angeles voters took regulation of the city's medical marijuana shops into their own hands Tuesday, embracing a ballot measure to sharply reduce the number of dispensaries in the city. But as in all things related to pot policy, the future of the new...

    Tags: Medical Marijuana Therapy, Crime, Law and Justice, Politics, Litigation, Litigation and Regulation

  14. May 22, 2013 |Story| Los Angeles Times
  15. Millennials say debt stalls retirement savings

    More than half of millennials -- 54% -- <a href="http://www.businesswire.com/news/home/20130522005447/en/Millennials-Debt-%E2%80%9CBiggest-Financial-Concern%E2%80%9D-Wells-Fargo" target="_blank">surveyed</a> by a Wells Fargo &amp; Co. retirement unit said their "biggest financial concern currently" was longer-term debt, mainly student and credit card debt.
    More than half of millennials -- 54% -- surveyed by a Wells Fargo & Co. retirement unit said their "biggest financial concern currently" was longer-term debt, mainly student and credit card debt. With the cost of college continuing to rise, about 64% of...

    Tags: Career and Workplace, Wage Contract Issues, Economy, Business and Finance, Collective Contract, Teaching and Learning

  16. May 22, 2013 |Story| Los Angeles Times
  17. Ancient redwood forests evoke look of future in 'After Earth'

    When producers of the upcoming science fiction movie "After Earth" wanted to create an image of what the planet might look like 1,000 years in the future, location manager Dow Griffith knew just the place.
    When producers of the upcoming science fiction movie "After Earth" wanted to create an image of what the planet might look like 1,000 years in the future, location manager Dow Griffith knew just the place. He immediately thought of the mystical...

    Tags: Travel, Jurassic Park (movie), Fiction, State Parks, Jaden Smith

  18. May 19, 2013 |Story| Los Angeles Times
  19. On the Spot: Travelers need money alternatives when going abroad

    In last week's On the Spot column, letter writer Nancy Jones said she was going to London and expressed concern about whether her credit cards would work because they are not Chip and PIN (personal identification number). She said she didn't want to carry...

    Tags: Travel, Interior Policy, Starbucks Corp., Personal Data Collection, Politics

  20. May 17, 2013 |Story| Los Angeles Times
  21. Hunger strike, Yemeni dilemma could spur Guantanamo closure plans

    A 100-day-old hunger strike at the Guantanamo Bay prison for suspected terrorists has agitated international human rights advocates anew, prompting fresh calls worldwide for closure of the detention center that President Obama vowed to shutter more than three years ago.
    A 100-day-old hunger strike at the Guantanamo Bay prison for suspected terrorists has agitated international human rights advocates anew, prompting fresh calls worldwide for closure of the detention center that President Obama vowed to shutter more than...

    Tags: Crime, Law and Justice, U.S. Senate Select Committee on Intelligence, U.S. Congress, Prisons, Religion and Belief

  22. May 15, 2013 |Story| Los Angeles Times
  23. Brown seeks to eliminate state tax break for 'enterprise zones'

    SACRAMENTO &mdash; Gov. Jerry Brown is taking another stab at largely eliminating a state $700-million tax break for "enterprise zones" aimed at creating jobs in economically strapped localities.
    SACRAMENTO — Gov. Jerry Brown is taking another stab at largely eliminating a state $700-million tax break for "enterprise zones" aimed at creating jobs in economically strapped localities. The governor failed in his efforts in 2011 to eliminate...

    Tags: Employment Opportunities, Unemployment, Government, Jerry Brown, Career and Workplace

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