Thu, 03 Dec 2009 21:32:17 +0000
Should you consolidate your debt? Maybe a debt loan is more your style? Or perhaps you’ve done your research and know that the only financially responsible way out of credit debt is with debt settlement. You know that debt consolidation is a trap, a way for debt consolidation companies to get the best of your [...]
Tue, 01 Dec 2009 16:01:51 +0000
Did you use your credit card this Black Friday? As a debt settlement blogger, I honestly hope your answer is no. According to recent polls taken of the American consumer, more holiday shoppers will be using cash this year to avoid the penalty fees and outrageous interest rates that most credit card companies are charging.
The [...]
Tue, 24 Nov 2009 20:24:56 +0000
Are you saving your holiday shopping for the big sales? Maybe waiting for Black Friday before you open that wallet up for friends and family? Well, you’re not alone. Everyone is saving, searching for the best deals, and being more financially responsible with the little budget they might have for holiday shopping.
While a steady decline [...]
Thu, 19 Nov 2009 17:12:51 +0000
The hard-working American middle-class is filing bankruptcy in higher numbers than ever before. It’s not the rich, nor the poor, but the middle-class that is falling behind on all payments quicker than they can catch up, and it’s costing them their credit score, their financial future, and their wallet.
In the past, the path to financial [...]
Wed, 18 Nov 2009 21:49:20 +0000
Are you using cash this holiday season? A recent survey of American consumers shows that more than ever shoppers are planning on using cash this year to buy holiday presents. It’s a good thing, too, because with the rates at which credit card companies are raising interest rates and penalty fees, and decreasing credit limits, [...]
Thu, 12 Nov 2009 19:51:05 +0000
Credit card rate hikes; it’s everywhere you look. Credit card companies are raising credit card interest rates like you would not believe, unless you are a victim of this latest trend. It’s a trend that’s hurting consumers who are already struggling with debt and unemployment, while the credit card companies CEO’s are “struggling” to keep [...]
Mon, 09 Nov 2009 18:09:16 +0000
Not too long ago we brought up the possibility of a first time home buyer tax credit extension. Well, we’re no longer seeing a possibility, because the extension has become a reality. It’s a great thing for the real estate industry, as well as first time home buyers1
The new deadline for the first time homebuyer [...]
Thu, 05 Nov 2009 18:45:02 +0000
Do not pay upfront fees! Seriously, do not pay any fees upfront for debt relief services if you are not 100% certain that they will follow through on their promises to get you out of debt. If the contract terms are shady, if they promise you pennies on the dollar, or if they require that [...]
Wed, 04 Nov 2009 20:27:47 +0000
Is the economy turning around? Well, we’ve heard all the experts say that it’s finally on the right track, but what does that really mean to American consumers struggling with credit card debt and facing a 10% unemployment rate?
Strictly looking at the numbers, it does seem like some things are getting better, while some, like [...]
Tue, 03 Nov 2009 20:31:39 +0000
Debt collections and their aggressive practices; it’s gotten to Michigan Senator Carl Levin so much so that he has backed a bill that sort-of fell off the radar a few months back. A report, entitled Credit Cards: Fair Debt Collection Practices Act Could Better Reflect the Evolving Debt Collection Marketplace and Use of Technology, was released [...]