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Banks Considering Offering Payday Loans

admin — Fri, 23 Jul 2010 16:29:41 +0000

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). Now it seems the local bank may begin offering [...]

Banks Considering Offering Payday Loans is a post from: Clear Debt Now

Are You Addicted To Shopping And Debt?

admin — Wed, 07 Jul 2010 12:27:45 +0000

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, [...]

Are You Addicted To Shopping And Debt? is a post from: Clear Debt Now

Does Debt Ever End?

admin — Sat, 08 May 2010 17:33:59 +0000

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 [...]

Does Debt Ever End? is a post from: Clear Debt Now

Don’t Get Caught Up In The Recession Debt Mindset

Consumers Under Growing Financial Duress

admin — Tue, 16 Mar 2010 16:18:59 +0000

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 [...]

Consumers Under Growing Financial Duress is a post from: Clear Debt Now

Consumer Loan Defaults Seem to be Slowing

admin — Wed, 24 Feb 2010 19:36:02 +0000

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 [...]

Consumer Loan Defaults Seem to be Slowing is a post from: Clear Debt Now

Be Wary of Debt Consolidation

admin — Sun, 17 Jan 2010 16:24:22 +0000

“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. Debt consolidation can take one of three forms today. You can transfer account balances to credit cards with lower interest rates. Or you can take out a [...]

Be Wary of Debt Consolidation is a post from: Clear Debt Now

What You Need To Know About Debt Collectors

admin — Sat, 05 Dec 2009 16:06:50 +0000

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. Many people before you have dealt with debt collectors and many after you will too. The main thing you [...]

What You Need To Know About Debt Collectors is a post from: Clear Debt Now

Don’t Get Caught Up In The Recession Debt Mindset

admin — Fri, 20 Nov 2009 15:09:02 +0000

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 [...]

Don’t Get Caught Up In The Recession Debt Mindset is a post from: Clear Debt Now

Business Development Companies Working On Debt Restructures

admin — Mon, 17 Aug 2009 18:43:18 +0000

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. Allied Capital has made some recent strides, reporting progress in its discussion with lenders about [...]

Business Development Companies Working On Debt Restructures is a post from: Clear Debt Now

RH Donnelly Files Bankruptcy

admin — Thu, 11 Jun 2009 15:55:34 +0000

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 [...]

RH Donnelly Files Bankruptcy is a post from: Clear Debt Now