Maintaining Borrowing Power after Divorce Can Be Difficult

Divorce can cause more than just emotional scars and a feeling of having failed. In fact, the effects of divorce can make your future unstable and insecure. The results of your pre-divorce payment history and the amount of debt you incur as part of the divorce settlement will have a tremendous impact on your ability to obtain a loan or even rent an apartment. Your financial security depends on you having borrowing power because with borrowing power you are able to obtain the things you need when you need them whether it's a new home or a new car. It doesn't matter whether your marriage required two incomes or whether you never had to worry...

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USD Buoyed or Under Pressure

The fact that the US Dollar was under pressure over the last year is nothing impractical to say, with the debt crisis looming like a large kite over the financial sky of the Americans, clouding out the sun. Things have changed drastically over the turn of the year, with the debt crisis settled and the troops being moved out of Iraq and soon out of Afghanistan, defense budgets have also been cut. All of these had buoyed the US Dollar, which gained from the failing currencies of different regions and states that held sway on the forex trading markets earlier. And early example is the Euro, which lost credibility and importance in the forex...

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