After two years of keeping the purse strings tight, Americans may be ready to loosen them a bit. According to ING Direct USA, nearly three-fourths of Americans say they expect to spend more this holiday season than they have during the past two years. Most say they're equally or less concerned with how … [Read more...]
South Koreans Household Debt Among Highest in Developed World
July 6, 2011 By Leave a Comment
Household debt in South Korea ranks among the highest in the developed world, according to the Wall Street Journal. That's pushing leaders to implement measures that will help reduce borrowing among South Koreans and prevent defaults that could destabilize the country's economy. Experts say that home … [Read more...]
How the Debt Consolidation Business Works
April 3, 2011 By Leave a Comment
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...]
Blockbuster Comes Back Stronger With New Debt Offering
September 29, 2009 By Leave a Comment
With the recent doubling of movie-rental giant, Blockbuster's private note offering, CEO and Chairman Jim Keyes believes that this shows a vote of confidence by investors for the company's long-term business model. … [Read more...]
Home Improvement Loans for Getting Out of Debt
September 23, 2009 By 1 Comment
As a homeowner, if you have been forced into accruing large amounts of debt due to job losses, doctor’s bills, or any other types of issue, it is not the end of the world! People can get very discouraged once damages have been done to their lives; as a result, they feel hopeless and as if they can … [Read more...]
$1.3 Trillion Drop in US Household Wealth
June 25, 2009 By Leave a Comment
In recent news, the figures on U.S. household wealth dropped in the first quarter of 2009 by $1.3 trillion. This is a record-length slump that has serious compromised home and stock prices. … [Read more...]
FDIC Awards GE Coverage For Up $139 Billion In Debt
December 24, 2008 By Leave a Comment
Last week representatives of the FDIC closed a deal to award General Electric Co.'s lending group GE Capital Corporation as much as $139 billion in insurance coverage for debt protection. This marks the second time in a month the finance company has sought aid from the federal government. … [Read more...]
How To Make Credit Card Balance Transfers The Right Way
September 22, 2008 By 1 Comment
Everyone who has ever been in debt knows that feeling of desperation that comes creeping in, as one suffocates under a mound of obligations that they cannot pay. Colors start to seem dull. Food tastes like cardboard in the mouth. Life loses its savor. One's need to pay off one's debt can curtain you … [Read more...]
Eliminate Debt by Changing Your Behavior
September 18, 2008 By Leave a Comment
Debt just seems like one of those things that you have to deal with no matter what you do in life. For the vast majority of Americans, this is true. Even if you don’t waste your money on trivial things, you’re still looking at affording school, a home, a vehicle, or any number of related big-ticket … [Read more...]