How do you pay off your debt? Do you tackle small bills and leave the big ones for later? New research published in the Journal of Marketing Research finds that consumers typically tackle small debts first, but they'd actually save more money if they did it the other way around. By attacking bigger bills … [Read more...]
Free Seminars Help Homeowners Avoid Foreclosure
Many feel the foreclosure epidemic is showing no signs of slowing down. As millions of Americans find themselves under water with their mortgages, some organizations and leaders are trying to help. Facing foreclosure is stressful, but there are ways to avoid it. There are several free seminars planned … [Read more...]
Borders’ Liquidation Begins Creating One of Biggest Bankruptcies in History
Borders' liquidation sales are underway at hundreds of its retail stores around the country. With discounts of up to 40% on just about everything in the store, many shoppers piled in to their local Borders looking for a bargain. According to reports the sale is happening at 259 Borders superstores, 114 … [Read more...]
Perkins Bankruptcy Proceeds
A company known for pie and breakfast food is going through bankruptcy. Perkins & Marie Callender's Inc owns and franchises about 600 restaurants around the country. According to Bloomberg the company won a court approval for a $16 million financing plan that will help them stay open while working … [Read more...]
Class of 2011 Holds Largest Debt in History
According to the US Department of Education, the graduates in the class of 2011 have the distinct honor or being the most indebted class in history. The average amount of debt for a college graduate sits at nearly $23,000. A new survey from Fidelity found that roughly two out of three graduates say … [Read more...]
Debt Settlement Company Banned from Missouri
Missouri is sending a message loud and clear: debt settlement firms with bad reputations are not allowed! Missouri Attorney General Chris Koster ordered one such firm to stop doing business in the state. Florida-based debt settlement company Vortex Debt Group agreed to refund fees paid by 300 Missouri … [Read more...]
Negotiating with Debt Consolidation
One of the ways that debt consolidation makes the whole process of overcoming bad debt easier is that the majority of the negotiations are actually going to be conducted between the consolidation program and your creditors. Your consolidators are there to, well, to be frank, talk some sense into your … [Read more...]
How the Debt Consolidation Business Works
The debt consolidation industry has always been around, but it seems that it's only recently that more and more people are starting to become aware of it. In light of the current recession, it stands to reason that there would be more people trying to escape debt once and for all rather than suffer … [Read more...]
Types of Debt Consolidation Programs Explained
Are you seeking the assistance of a debt consolidation program to address your debt predicaments? Before you do so, take a break and discover the different types of debt consolidation programs. … [Read more...]
Take Debt Consolidation Loan in Consideration
Do you have numerous monthly loan dues to cover? Are these payments taking a toll on your budget and schedule? Do you want to handle these matters easily? If yes is your answer to the questions above, then I strongly suggest you read on. … [Read more...]