links for 2007-03-29 - Consumerism Commentary, personal finance since 2003

Subprime Foreclosures Will Hit 2.4 Million

Subprime loans and foreclosures are everywhere in the media these days. What is the contratian’s position? Now that everyone realizes what we all knew — that these loans are dangerous — is it the right time? [CNN]

(tags: loans mortgage realestate foreclosures subprime lending)
What Debit Card Companies Don’t Tell You

Summary: credit cards offer more protection than debit cards, but there are benefits for some. I use my debit card to withdraw cash at the ATM, and that’s it. [David Bach]

(tags: debitcards creditcards davidbach atm cash)
How CEOs Rob Workers and Customers

Henry Ford made some bold moves, and Home Depot is in major trouble. [Scott Burns]

(tags: working employee CEO scottburns)
Ask Lifehacker: How do I get started using Quicken?

Here are the very basics of starting your Quicken file. Should be apparent for anyone who can follow the software’s walk-through instructions, but everyone likes “basics” posts. [Lifehacker]

(tags: quicken software basics lifehacker)

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Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

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JR

I wish there were more subprime loans in my area - then I might be able to afford to buy a home from a desperate seller. Homes here on the central coast of California are still selling for more than 20 times the average annual salary.

Flexo

I'm waiting for a surge of desperate sellers here, too. With all the media attention to subprime lending, you'd think I'd see more foreclosures around here.

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