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Foreclosures Drop in 84 Percent of U.S. Metro Areas

27 July, 2011

A new report from RealtyTrac revealed that foreclosures declined in more than 84 percent of U.S. metro areas during the first half of the year. However, as RealtyTrac has repeated numerous times over the past year, the drop in foreclosures does not necessarily mean the housing market as a whole is turning around.

Foreclosure Pipeline Still Clogged

While the number of foreclosure procedures initiated dropped in 84 percent of U.S. me

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New medical FICO score sparks controversy, questions

26 July, 2011

Within the next 12 months, whether you like it or not, about 10 million Americans are expected to be scored — much like a credit score — on how likely they are to fill a prescription and take all the pills the doctor ordered, on schedule.

FICO, creator of the widely used credit score that predicts whether you’ll borrow responsibly, is now rolling out its new Medication Adherence Score.

FICO based its score on a formula that predicts whether you will take your prescription drugs. FICO says that since correct use of medication is important for patients, medical providers, insurers and pharmaceutical companies, the Medication Adherence Score will help achieve that goal. Th

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Green Credit Cards

25 July, 2011

With more focus being placed on the environment than ever before, there are eco-friendly services popping up in every sector of our lives.

Green credit card options have finally hit Australia, after years of success and popularity overseas, helping people make a difference when paying with card instead of cash.

While we are yet to see many credit cards specifically named in favour of the environment, the GE Money eco MasterCard is leading the way by purchasing carbon offsets for cardholders through the Origin Carbon Reduction Scheme.

These contributions go towards environmental initiatives including reforestation, renewable energy and energy efficiency projects, water and wastewater treatments and land and habitat conservation.

Other features of the card include a low $49 annual card fee and a 19.99% p.a.

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Business And Regular Credit Cards Compared

25 July, 2011

In some cases a business credit card may be a dream come true, but at other times it could be an added expense when compared to regular credit card options.

So how does someone tell if they need a specialised business credit card, or simply a card upgrade to help with business needs?

As with many credit card offers, it comes down to preference in the end, but looking at the best and worst of each for businesses will help make a decision easier.

Business Credit Card Benefits And Disadvantages

Most business credit cards also offer a greater credit limit or, in the case of Diners Club and American Express options, no pre-set spending limit.

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The Sandwich Generation: How to Handle Supporting Parents During Retirement

25 July, 2011

Saving for retirement is something a lot of people struggle with, especially now when many 401(k)s are still recovering from the recession and savings account rates can’t even keep up with inflation. The thought of retirement on the horizon is enough to incite panic in many of today’s employed Americans, but there’s another growing issue these workers probably never saw coming: Supporting parents during their retirement.

The Emergence of the “Sandwich Generation”

Young workers undoubtedly suffered from the recession’s impact on retirement savings, but it’s the older generation–who were about to or already had entered retirement–that really took a hit. With no time to r

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