With so much information available on debt management it can be quite confusing to try and understand exactly how debt management works. After all, many people have debts of one kind or another and continue to live their lives without needing any help managing their debts. Credit can be a positive … [Read more...]
Americans Keeping Holiday Debt Down
November 18, 2011 By Leave a Comment
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...]
Study: Most Consumers Paying Off Debt Incorrectly
November 10, 2011 By Leave a Comment
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...]
Think Money says ‘bankruptcy best for some’
November 7, 2011 By Leave a Comment
Think Money, a financial solutions company, responded to the latest Insolvency Service figures which showed a significant fall in bankruptcy orders in the third quarter of this year. It says that while numbers are declining, it's still the most appropriate solution in certain circumstances. Altogether, … [Read more...]
Poll: Americans Eliminating Personal Debt and Expect Government To Do the Same
October 19, 2011 By Leave a Comment
Eight in ten Americans believe the federal debt and deficit have a powerful play on their personal finances. The new poll found that Americans are increasingly developing strong feelings about reducing the deficit and stimulus spending. The 10th quarterly Allstate-National Journal Heartland Monitor Poll … [Read more...]
Real Housewife of New Jersey Withdraws Bankruptcy Filing
September 24, 2011 By Leave a Comment
Usually celebrities getting into financial trouble makes headlines, but you rarely hear about them getting out of it. According to People Magazine, Real Housewives of New Jersey stars Teresa Giudice and her husband Joe have withdrawn their bankruptcy filing. Teresa's reality show is currently airing … [Read more...]
Government and American Households Facing Similar Debt Problems
August 9, 2011 By Leave a Comment
Congress may have come to an agreement before reaching the debt ceiling, but the debate definitely continues. Most Americans disagree with at least some part of the plan. Many are upset about America's massive debt and out-of-control spending, but are Americans practicing what they preach? Some studies … [Read more...]
Consumers Paying Off More Credit Card Debt, Buying Less
August 2, 2011 By Leave a Comment
Are consumers really paying off their credit cards at record rates? Or are they just defaulting on their debt? That's the debate going on now. Consumers made an estimated $72 billion more in payments on their credit cards than purchases between the first quarter of 2009 and the first quarter of 2010, … [Read more...]
Mounting Student Loan Debt Not Sitting Well With Most Americans
July 22, 2011 By Leave a Comment
Student loan debt has reached an average of $29,000, a number that does not sit well with most Americans. In a new COUNTRY Financial survey, four in five of those polled say the level of student loan debt in America is too high. They're worried about rising tuition and uncertain employment, concerns … [Read more...]
Summer is Scholarship Season for Students
July 12, 2011 By Leave a Comment
Students may see summer as a time for relaxation and fun, but Scholarship America says it's a great time to find scholarship dollars to help offset the cost of higher education. The organization is the largest provider of scholarships in the country. "Tuition costs are at an all-time high, which is … [Read more...]