Written by admin on July 23rd, 2010
Banks Considering Offering Payday Loans
In a somewhat surprising move, banks are considering expanding their loan offerings to include payday loans. It is surprising because companies offering this type of loan have been under scrutiny and a lot of criticism for charging exorbitant interest rates for payday and Refund Anticipation Loans (RALs).
Continue Reading...Written by admin on July 7th, 2010
Are You Addicted To Shopping And Debt?
Everyone knows at least one person who seems unable or unwilling to get their penchant for spending and amassing debt under control. But why is this? Is this person simply reckless when it comes to spending money? Or could it be that this unfortunate person has a genuine addiction to shopping, debt, [...]
Continue Reading...Written by admin on May 8th, 2010
Does Debt Ever End?
Some people walk around with debt for their entire adult lives. In fact, many of the people you pass by every day do it. They are the big spenders in the flashy cars and the spendthrifts huddled over their coupons at the supermarket. So many people with so many lifestyles walk around [...]
Continue Reading...Written by admin on March 16th, 2010
Consumers Under Growing Financial Duress
There are plenty of numbers and figures published that are used as barometers for the state of the economy. One of the numbers is the percent of consumers who are behind on their mortgage payments but have credit card accounts that are current. When the number goes up it is taken as a sign [...]
Continue Reading...Written by admin on February 24th, 2010
Consumer Loan Defaults Seem to be Slowing
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 [...]
Continue Reading...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 December 5th, 2009
What You Need To Know About Debt Collectors
Debt collectors can be intimidating. It is bad enough to have accumulated sufficient debt to be dealing with these imposing figures but attempting to deal with them can seem an insurmountable task. Take heart.
Continue Reading...Written by admin on November 20th, 2009
Don’t Get Caught Up In The Recession Debt Mindset
It seems as though everywhere you turn people are talking about how times are hard. This message is on TV, in the newspapers, and is being talked about by people from every walk of life. It can be easy to get caught up in the feeling that things are hopeless and that things [...]
Continue Reading...Written by admin on August 17th, 2009
Business Development Companies Working On Debt Restructures
It seems that two of the nation’s largest business development companies are dealing with serious debt restructuring. American Capital Limited and Allied Capital Corporation continue to work out a deal with lenders to resolve various debt defaults and covenant violations.
Continue Reading...Written by admin on June 11th, 2009
RH Donnelly Files Bankruptcy
In one of the latest ripple effects of economic recession, publisher R.H. Donnelley Corporation, the company responsible for publication 600 directories including telephone Yellow Pages, officially filed for bankruptcy protection from creditors in order cut its outstanding debt by about $6.4 billion even as it continued suffering other losses.
As of December 31, 2008, the North [...]
- Banks Considering Offering Payday Loans Written on July 23rd, 2010
- House Bargains Getting Harder to Find Written on July 14th, 2010
- Are You Addicted To Shopping And Debt? Written on July 7th, 2010
- Does Debt Ever End? Written on May 8th, 2010
- Scammers Follow the News to Find the Next Scam Written on April 29th, 2010
- The Consumer and the Hospital Bill Written on April 24th, 2010
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Banks Considering Offering Payday Loans
Written on July 23rd, 2010
In a somewhat surprising move, banks are considering expanding their loan offerings to include payday loans. It is surprising because companies offering this type of loan have been under scrutiny and a lot of criticism for charging exorbitant interest rates for payday and Refund Anticipation Loans (RALs).
-
House Bargains Getting Harder to Find
Written on July 14th, 2010
Consumers hoping to find affordable housing due to falling home prices had better hurry or plan on being patient. House bargains are getting harder to find for several reasons.
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Are You Addicted To Shopping And Debt?
Written on July 7th, 2010
Everyone knows at least one person who seems unable or unwilling to get their penchant for spending and amassing debt under control. But why is this? Is this person simply reckless when it comes to spending money? Or could it be that this unfortunate person has a genuine addiction to shopping, debt, [...]
-
Does Debt Ever End?
Written on May 8th, 2010
Some people walk around with debt for their entire adult lives. In fact, many of the people you pass by every day do it. They are the big spenders in the flashy cars and the spendthrifts huddled over their coupons at the supermarket. So many people with so many lifestyles walk around [...]