While Black Friday and Cyber Monday saw huge increases in sales compared to 2010, another poll found that Americans planning to spend less this holiday season outnumber those who plan to spend more four to one. The November Financial Security Index poll found that 42 percent of Americans plan to spend … [Read more...]
Perkins Bankruptcy Proceeds
June 15, 2011 By Leave a Comment
A company known for pie and breakfast food is going through bankruptcy. Perkins & Marie Callender's Inc owns and franchises about 600 restaurants around the country. According to Bloomberg the company won a court approval for a $16 million financing plan that will help them stay open while working … [Read more...]
Bankruptcy Attorney: More Public Employees Experiencing Financial Hardship
June 9, 2011 By Leave a Comment
A prominent bankruptcy attorney believes the number of bankruptcies could increase– and this time for an unlikely place. Attorney Michael Greiner believes that public employees may be forced to file for bankruptcy at a higher rate because of financial pressures they’re experiencing from state and … [Read more...]
Celebrate Financial Literacy Month This April
April 7, 2011 By Leave a Comment
April is Financial Literacy Month and in celebration consumers are invited to take part in the Shred Your Debt contest. One lucky winner will receive $2000 to pay down their debt as well as a free trip to Atlanta to receive free financial coaching from a personal finance expert. The contest is sponsored … [Read more...]
Types of Debt Consolidation Programs Explained
December 7, 2010 By Leave a Comment
Are you seeking the assistance of a debt consolidation program to address your debt predicaments? Before you do so, take a break and discover the different types of debt consolidation programs. … [Read more...]
Do I Need Debt Consolidation?
November 4, 2010 By Leave a Comment
If you have a number of debts, you would definitely want a way out. For that matter, we are prone to committing impulsive actions just to clear our debts. You may think that the only way to do so is debt consolidation. Before going through debt consolidation process, you should ask yourself a very important … [Read more...]
Debt Consolidation – Government-Provided Programs
October 19, 2010 By Leave a Comment
However, you may just qualify to debt management programs provided by the government. These are top of the line solutions for people with debts too large to take care of single handedly. … [Read more...]
Should Your Kid’s Debt Be Your Debt Too?
September 22, 2010 By Leave a Comment
The recession does not just strike isolated individuals. It strikes families. Children, adult children that is, are often turning to good old mom and dad for a little financial help these days. Or in some cases they are asking for a lot of financial help. … [Read more...]
Banks Considering Offering Payday Loans
July 23, 2010 By Leave a Comment
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). … [Read more...]
Consumers Under Growing Financial Duress
March 16, 2010 By 1 Comment
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 that consumers … [Read more...]