Posted in lowe's home improvement

Man Admits Using Fake Credit Cards To Steal Thousands At 15 CT Lowe’s Locations

A fraudster admitted to using fake credit cards in multiple states – specifically Connecticut – to steal thousands of dollars from Lowe’s.

New York City resident Larell David, 30, of Manhattan, pleaded guilty in Bridgeport this week to a scheme through which he defrauded the home improvement store out of more than $183,000.

Specifically, David was charged with one count of access device fraud.

U.S. Attorney John Durham said that between July 2017 and March 2018, David produced more than 100 counterfeit credit cards in the name of “Kevin Douglas,” which were encoded with legitimate credit card numbers belonging to other people. 

David then used the fraudulent credit cards to make more than 350 purchases of gift cards and merchandise at Lowe’s home improvement stores in Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, Virginia, West Virginia, and Florida. 

Durham said a typical fraudulent transaction involved the purchase of one

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Posted in home

China Home Price Growth Accelerates as Credit Growth Jumps

(Bloomberg) — China home-price growth accelerated in August after a brief slowdown the previous month as credit growth rebounded and wider property curbs did little to damp buyer enthusiasm.

New home prices in 70 major cities, excluding state-subsidized housing, rose 0.56% last month, compared to a 0.47% gain in July, National Bureau of Statistics data released Monday showed. Values in the secondary market, which is largely free from government intervention, gained 0.34%, the fastest in more than a year.



a close up of a map: China home prices have rebounded steadily since the coronavirus outbreak


© Bloomberg
China home prices have rebounded steadily since the coronavirus outbreak

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Policy makers have in recent months stepped up regulatory caution against developers’ leverage and excessive home-price growth, after frenetic buying spread from the country’s biggest cities to some booming regional centers. In August, cities including Nanjing and Wuxi followed Shenzhen in tightening home-purchase rules.

“Local governments rolled out targeted

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Posted in home improvement

Can You Still Deduct Your Home Equity Line Of Credit?

If you have a home equity line of credit (HELOC), you may be wondering if you are entitled to a valuable tax deduction for the interest you pay on loan. The rules for the mortgage interest deduction changed, for the worse, under the Trump Tax Plan. Some homeowners who may have been able to deduct their mortgages or HELOCs in the past may no longer be able to capitalize on a deduction for their mortgage interest.

What You Need To Know About HELOC and Taxes

The question of whether or not your home equity line of credit was tax-deductible was confusing enough in the past, but the Trump Tax Plan adds more uncertainty to this popular way to access your home

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Posted in home remodeling

The best credit cards for home-improvement projects

This page includes information about the Discover it® Cash Back product, which is currently not available on Business Insider and may be out of date.

home improvement project father son family



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  • If you’re sprucing up your space, make sure to think long and hard about how you’ll pay for the project.
  • Covering for your home or landscaping remodel with a credit card can yield some significant benefits, including 0% APR, cash back, or travel rewards. 

  • Some of the best rewards credit cards let you earn a significant sign-up bonus as well, which can
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