the void

A major charity for volunteers have warned that Universal Credit, the flagship welfare reform being introduced next year, will restrict volunteering.

Volunteering England are one of the largest organisations in the UK established to promote and ‘celebrate’ volunteering.  It was reported over the weekend that the organisation have already been contacted by several charities concerned about the new benefits system and how it will impact on their ability to recruit and employ volunteers.

Under the new rules, claimants will only be permitted to volunteer for 17.5 hours a week, or will face brutal benefit sanctions. Claimants are to be expected to spend 35 hours a week actively seeking work, of which only half of this time can be spent volunteering. This flies in the face of previous statements by this Government which have sung the praises of unpaid work.  Only unpaid work which has been arranged for benefit claimants by…

View original post 755 more words

Resource Blog

Think that we’ve seen the last of default crisis?

Think again. Several reporting agencies predict that the number of strategic defaults will double again by the first quarter of 2013.

And how do those strategic defaults effect a credit score.

We pasted a link to an interesting story that highlights the credit score impact –

http://www.examiner.com/article/the-fico-credit-score-and-strategic-default

View original post

LPK Realty Group LLC

Let me say right up front….I AM NOT a mortgage rep! I do not profess to know everything there is about mortgage lending, qualifications, etc. I am a REALTOR^®…I kid around that I can only do ONE thing well – but in all seriousness – I can only keep up with one constantly changing industry – and that is real estate.  I leave the mortgage industry up to those people who have made that their business, their forte.  If I miss a change, that could mean the dash of someone’s hopes or giving them false hope.

All that being said, a mortgage specialist, William “Bill” Smith of John Adams Mortgage Company, recently shared with me this incredibly easy to understand pie chart that shows what data your FICO score is comprised of.  Even knowing this information gives me a better awareness of what matters most in handling credit and debt.

There are…

View original post 76 more words

JW's Financial Coaching-Giving you a new perspective on your money!

The FICO score was invented to help determine one’s credit worthiness. However, somehow over the years it has morphed into something even bigger where we judge people based on whether or not they have a good credit score. The following clip illustrates this concept: (first 49 seconds)

View original post 218 more words