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...]
Protestors Blast Bank of America Foreclosures
May 13, 2011 By Leave a Comment
Some protestors came out to Bank of America's annual meeting in Charlotte this week. Outside their headquarters several people held signs and shared their foreclosure stories, according to the Associated Press. Shareholders had the chance to confront Bank of America's CEO Brian Moynihan about mortgages … [Read more...]
Take Debt Consolidation Loan in Consideration
November 30, 2010 By Leave a Comment
Do you have numerous monthly loan dues to cover? Are these payments taking a toll on your budget and schedule? Do you want to handle these matters easily? If yes is your answer to the questions above, then I strongly suggest you read on. … [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...]
Communication is Gold When Fighting Debt
March 9, 2009 By Leave a Comment
If you ever wanted to know just what it takes to fight debt, then there are numerous strategies and methods out there for you to learn and master on the path to financial freedom. One thing that many people ignore however is something they underestimate or avoid for emotional reasons. That thing is communication. … [Read more...]
Wanna Get Out of Debt? Stop Using Credit
December 12, 2008 By Leave a Comment
People who are faced with immense debt often panic and wonder what they can do to remove it from their lives. Making payments only seems meaningless when being challenged by the enormity of the task. If a student owes tens of thousands of dollars in debt, or a home was recently purchased, then effectively … [Read more...]
The Debt Mentality and How To Stop It
December 4, 2008 By Leave a Comment
Today, more than ever, Americans are truly in debt. Millions of the nation's citizens are struggling to make their lives work amidst a sea of growing financial concerns that leave them strapped. Strange to say, this is true especially for people who make more money. How is it that the more income a person … [Read more...]
Debt Laws Prohibit Collectors from Being Abusive
September 16, 2008 By Leave a Comment
Regardless of the state of the economy in America, debt is something that people of all ages and coming from every background has to deal with. It’s not merely a matter of simply spending more than what you can afford; debt is the natural result of getting a loan, whether it be for purchasing a home, … [Read more...]