Written by admin on January 17th, 2010
Be Wary of Debt Consolidation
“Debt consolidation” almost seem like magical words because they imply rolling debt into one manageable total with an affordable payment. But is that always true? The answer is: maybe.
Continue Reading...Written by admin on November 4th, 2009
Credit Card Debt Becoming Big Problem
Most people know that credit card debt can seriously hurt a consumer’s financial situation and credit rating, but now, it seems that even the credit card companies themselves are suffering from the staggering amount of money that is owed to them in the form of consumer debt.
Continue Reading...Written by admin on June 23rd, 2009
Signs Your Debt is Getting Out of Hand
One of the major problems with getting into debt is that most people don’t realize it’s happening until it’s “too late”. They often feel like, if they’d just discovered sooner that their debt was spiraling out of control, they would have abandoned their destructive spending habits, and stopped the problem before it became as unmanageable [...]
Continue Reading...Written by admin on March 17th, 2009
Don’t Bank On Chance To Eliminate Your Debt
Debt isn’t something that takes care of itself. That much is fairly obvious, but getting to the point that you start to eliminate it requires initiative. Unfortunately, a lot of people tend to hope that something will happen to help them out before they have to do anything on their own terms to get out [...]
Continue Reading...Written by admin on January 16th, 2009
Get Help With Debt When Necessary
Having debt is something that almost everybody has to deal with in their lives. There are numerous forms of debt, so it’s not necessarily a bad thing. While debt is essentially just one thing, there are ways in which it can benefit you depending on how it is pursued. For instance, if you’re looking to [...]
Continue Reading...Written by admin on October 24th, 2008
Sell and Reduce Possessions To Reduce Debt
The economy is slowing down, and times are getting tough for the people of the United States. There’s a recession that came down on us, and it’s effecting everyone to one extent or another. Prices are going up at the pumps, the cost of food is climbing higher and higher at the grocery store, and [...]
Continue Reading...Written by admin on July 13th, 2008
Dealing With Debt Or Increased Savings – Which Is Better?
When the financial circumstances of the average individual are taken into consideration, the two areas of main concern are the amount of debt and the desire to create some way to add to their savings. Of course, you have to pay down all of your debt and take care of regular monthly expenses before [...]
Continue Reading...Written by admin on June 15th, 2008
Consolidate Debt With A Second Mortgage
Many of us are struggling with debt today that comes from several different sources. These different sources all have interest rates and associated fees that add to the overall debt load. If you feel trapped under a mountain of debt and you are a homeowner, then you have an advantage when you try to obtain [...]
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- Predatory Lending Leads to Foreclosures Written on March 10th, 2010
- Bankruptcy Fraud On the Rise Written on March 3rd, 2010
- Consumer Loan Defaults Seem to be Slowing Written on February 24th, 2010
- Some Hope…Maybe…For Those Facing Foreclosure Written on February 19th, 2010
- Students are Lured to Colleges by No Fee Applications Written on February 15th, 2010
- Foreclosures Rise In December Disappointing Everyone Written on February 13th, 2010
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Predatory Lending Leads to Foreclosures
Written on March 10th, 2010
As more and more consumers face foreclosure there are disturbing stories coming to light. It seems that some people are losing their homes after agreeing to a series of refinancing arrangements that were almost sure to lead to eventual eviction.
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Bankruptcy Fraud On the Rise
Written on March 3rd, 2010
According to the Internal Revenue Service (IRS) website there were 1.7 million bankruptcies in 2003 and 10 percent of them had fraud involved. Bankruptcy fraud is when a person or company tries to hide assets through the bankruptcy process. The IRS takes this kind of fraud very seriously and will prosecute anyone it suspects [...]
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Consumer Loan Defaults Seem to be Slowing
Written on February 24th, 2010
Consumer loan defaults seem to be slowing down according to the banks. Since the start of the recession there has been a mountain of defaults in both the mortgage and credit card industries. Millions of households are experiencing unemployment or reduced earnings after pay cuts and/or reduced hours. Just last week the U.S. government [...]
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Some Hope…Maybe…For Those Facing Foreclosure
Written on February 19th, 2010
There is some hope still for homeowners wondering if there will be more foreclosure statistics in 2010. The federal government is working on a plan that will hopefully make it easier for people to qualify for the Making Home Affordable program. The government is also trying to find a way to convince banks to [...]