Why Consumer Debt Is Hazardous to Your Financial Health

You don’t have to look far to find a financial expert who will tell you that consumer debt is bad ... . But has anyone ever really explained what the problem with consumer debt like credit cards and car loans is? On the surface, consumer debt doesn’t seem so awful. After all, using these types of credit lines [more...]

Date: 2009-01-04 13:49:19

Blog posts (123) | Videos (140)
 

Dave Ramsey, Common Sense Fix Rather Than Congressional Rescue

Financial counsellor and syndicated talk show host Dave Ramsey---where credit card debt goes to die---presents an alternative to the $700 billion ... all prepayment penalties to encourage refinancing or the sale of the property to pay off the bad loan ... Ramsey's plan: "Years of bad decisions and stupid mistakes have created an economic nightmare [more...]

Date: 2008-10-01 13:11:41

Bush widens scope of bailout

Bush widens scope of bailout Bloomberg | Bad loans now may include car loans, credit-card debt and other devalued assets held by banks. [more...]

Date: 2008-09-22 15:31:53

Horse-race-loving former police chief winds up behind bars

Frank Kessler, former Garden Grove police chief, councilman and mayor, and his wife were arrested Wednesday on suspicion of financial misdeeds, ... and personal loans with a city-issued credit card. They were named in a 21-count district attorney ... , grand theft and writing tens of thousands of dollars worth of bad checks. She was being held in lieu [more...]

Date: 2008-12-18 19:55:29

USAA just hollered - They're raising my credit card rates!

Yup, even my beloved USAA is fighting the good fight these days. Got a nice little letter in the mail yesterday ( ... in full each month.Card #2 - the "Auto Loan" card: $30,000 limit with a locked in 3.4% rate for 1 year ... that the credit limits don't get slashed next :( I pumped those bad boys up to help our credit [more...]

Date: 2008-12-18 16:20:55

The bail-out may be killed by add-ons (pfblogs.org)

Filed under: Deals, Bad news, Law, HousingThe list of additions to the $700 billion Paulson bail-out plan could well kill it ... , "a change to potentially allow purchases of instruments such as car loans, credit-card debt and other ... , if the plan is extended to include individual home mortgages and things like auto loans, the size [more...]

Date: 2008-09-22 08:51:01

How to Understand Credit Report

How to Understand Credit Report posted on January 8th, 2009 Now that you have obtained your credit report, ... the company name is a description of the type of account (such as student loans, credit card or line ... the first thing you need to do is read through it and understand what it all means. Don’t feel bad [more...]

Date: 2009-01-08 08:35:23

Tightening Credit May Reduce Big Retailers' Christmas Sales by 8%

The consumer credit retrenchment is coming even faster and harder than many anticipated ... in the credit they extend to shoppers to avoid being left with bad loans when customers can't pay them ... at or near the limits on their primary credit card, and 20 percent said they're approaching the limit [more...]

Date: 2008-11-02 09:27:52

Life goals for 2009

This time last year, I had three New Year resolutions: pay off all consumer debt in four months, ... : Never miss payments on credit card and mortgage loan. Last year, I had two late payments ... two steps backward and one step forward in personal finance may not always be bad. Like buying [more...]

Date: 2009-01-03 01:00:32

Personal Loans For People With Bad Credit

by Trinity Davidson If you need to send a child to college, remodel your house, ... loans in the amounts ranging from $3,000 to $250,000. They may require you to offer evidence ... to provide a copy of your drivers license and social security card. They will also want to see your W2 [more...]

Date: 2009-01-17 17:47:04

Bailout Bandwagon Full…Please Catch Another

The bailout soup line is getting longer and longer. Heck, it is around the block ... billion the government set aside for car, student loans, and credit-card debt.  We got ... “Pork” is Really Going to Cost Us! Mmmmm Pork. No not the kind you may find...The Fed: A Bad Game [more...]

Date: 2008-12-23 17:24:58

I got 78% C

I just took a Bills IQ test to see if we're financially fit and I got a score of 78 % C.! It's not that bad but as I took the test, I realized that we still have a lot of things ... . :) I also realized that loans and credit card payments must indeed be paid on time, if not interests [more...]

Date: 2008-07-24 01:08:00

How Bad Is It?: Leveraged Loans at Slowest Volume Since 2002

How Bad Is It? is a Deal Journal feature focused on confirming or debunking the worst fears about the credit crunch ... after the credit crunch hit, investment banks still are facing full trash bags of old leveraged ... of high-yield debt for Canadian telecommunications operator BCE; $4.3 billion for credit-card processor [more...]

Date: 2008-08-20 12:22:00

Bank Loan Stats: The Good, The Bad & ........

The%20Fuugly.jpg The Federal Reserve's survey of loan quality for U.S. commercial banks is in ... ugly and are killing the banks. Surprisingly to some, credit card delinquencies and losses ... ) to be of particular importance in this credit crunch. Remember that these days banks can lend money in two [more...]

Date: 2008-11-19 02:12:16

When in a recession, give NASA employees a raise.

While taxpayers are dishing out $700 Billion to bail out Wall Street, giving a $17B loan to the auto manufacturers, ... the credit card later, NASA employees will be receiving a nice 3.62% increase in pay for 2009.Although this in itself isn't that bad, it's the fact that next year NASA will be asking for yet more money [more...]

Date: 2008-12-23 03:28:00

Some facts about debt settlement

Debt settlement or debt negotiation is a way of reducing or paying off completely the debt you have ... for bad credit has several approaches. The first step would be the analysis of your financial status ... at lower interest than most of the credit cards in the market. It would be wise to avail a loan [more...]

Date: 2009-01-17 06:36:46

With Things So Bad In The Economy…

…why is this happening: You know what I got in the mail yesterday? An offer from my credit card company, for a $50,000 unsecured personal loan. Did you catch that? Unsecured. That amount of money would require me to make the equivalent of another mortgage payment to repay them. That offer came as a result of our credit rating, and we would [more...]

Date: 2008-09-30 15:47:13

$30K to $0: How We Became Debt-Free in One Year

We’re debt-free, but we didn’t begin our marriage this way. Since this is our story, I asked Doug to write it with me ... loans, and possibly $2,000 in credit card debt. It was greater than all of my savings, and I knew ... . I found out I had a lot of debt, and that Rachel had lived without debt. It made me feel really bad [more...]

Date: 2008-10-13 09:21:09

Payday Loans-Learn How To Avoid Them

People get their good and bad habits at an early age. If you want to become a responsible person, you have to exercise the right things now ... your credit cards. This is a far better alternative than taking out a payday loan, as the interest is much ... what you really make, that is very bad and it can cause problems in the future. Opting for payday loan [more...]

Date: 2008-11-26 16:27:53

Lala Land

Blink and you may miss another government bail-out, loan guarantee, federal plan to alleviate a bad or unwise mortgage, a suggestion for more government funds for a more aggrieved constituency, or credit-card relief ... that there were no Americans who chose to rent until they could pay a suitable sum as a down payment, or bought [more...]

Date: 2008-12-16 00:47:41

Quit Blaming Democrats or Obama for Economic Meltdown

By Rowan Wolf Republicans and the "right" have been yelling that the mortgage crisis which toppled the economic house of shaky cards is the fault ... often inappropriate for buyers with bad credit. -Banks would have been required to increase efforts ... guidelines for banks writing risky loans. Today, in the midst of the worst housing recession [more...]

Date: 2008-12-01 15:57:31

How to find what you require in the matter of funds

Increasing crowds of residents are objecting the deficiency of loan opportunities above all since the credit crunch took over. However there are these days a number of products available like bad credit credit cards , payday advance, unsecured loans bad credit. This is brilliant news for the persons who have been rejected by standard financial institutions. These days larger numbers of people have the chance to receive funds when they require it the most! [more...]

Date: 2009-09-22 03:38:03

American introspection after collapse

Every time I write on the subject of our "economy of consumption," I get loads of e-mail ... of people receiving loans that should not of been allowed to have a credit card, but greed again ... and planning (See Ford, GM, Chrysler). I don't know how bad this correction is going [more...]

Date: 2008-12-07 13:27:07

The Strategic Advantages Of Maximizing Natural Business Growth

By Donald Mitchell Growth can occur naturally . . . or it can be forced by using bad methods ... on unsustainable gimmicks to grow their businesses (such as zero percent interest car loans, 125 percent of assessed value home loans with teaser rates, and tripling interest rates on credit cards for those [more...]

Date: 2009-01-14 05:02:38

$150 000 in debt with credit card

I am about 27 years old and I am $150 i debt from bad spending habits and house payments as well as loans. I have kept a job but i am only able to pay little of my debt as just keeps increasing. I am looking into bankruptcy but i would like some further consulting. Thankyou Posted from: Ontario [more...]

Date: 2008-12-10 18:42:34

CashAdvance Nightmare!

Dont get yourself in the cash advance hole everyone needs loans but dont do what some friends of mine did ... then when things get bad cant pay the mortage you gotta move payday loans will not lend you the money you need ... of them to pay your bills your just going to get in debt 10 times faster then credit cards. My advice [more...]

Date: 2008-12-13 03:31:30

Disposable Savings

Do you happen to be an employee of a company that offers payday loan? ... . What if it is you, employee or not, you want to buy something, for example a gadget that yoy wanted so bad yet you don’t have enough cash? Good thing there are credit card companies who offer their proud service [more...]

Date: 2008-11-01 06:27:49

Why Bail? The Banks Have a Gun Pointed at Their Head and Are Threatening to Pull the Trigger

From Talking Points Memo: If you have a real story, you don’t have to make up phony stories. That’s pretty straightforward ... with so much bad debt that the banks can’t trust each other to repay loans. This creates a situation in which the system of payments breaks down. That would mean that we cannot use our ATMs or credit cards [more...]

Date: 2008-09-29 23:25:39

The Bad Paper Chase

And the handout/buyout craze continues. The Federal Reserve said Tuesday it will buy up to $600 billion in mortgage-backed assets in another attempt ... obligations from mortgage giants Fannie Mae and Freddie Mac as well as the Federal Home Loan Banks ... also unveiled a new program to help unfreeze the market that backs consumer debt such as credit cards [more...]

Date: 2008-11-26 00:46:42

After the Bailout, Bank Stocks are a Bad Deal for Investors Now

The $250 billion bank bailout announced Monday is a great improvement on the $700 billion Troubled Asset Relief Program (TARP) ... have invested in troubled mortgage loans, relics of a home mortgage bubble that should never ... . You haven’t received Uncle Sam’s credit card bill yet. Under the new bailout plan, the government [more...]

Date: 2008-10-17 12:59:00

World Peace threatened by queers: Pope

VATICAN CITY (RNS) Nuclear arms proliferation, environmental pollution and economic inequality are threats to world peace — but so are abortion, ... card depot and debt consolidation California home loan program refinancing Bad credit personal ... loan center Secured loan for home owner Payday advance loan new mexico Bad credit secured card Debt [more...]

Date: 2008-07-03 08:49:09

Bad Credit Loan Shop

.fullpost{display:inline;}As we know that if we fall behind on payments or make all of your payments late, it will reflect upon us ... , we can also get a bad auto loan, mortgage loan, equity loans, credit cards or any other types of personal ... to offer us lines of credit or financing any more. They instead try to make us pay up in front [more...]

Date: 2008-12-16 22:25:00

How to Get Credit in a Bad Economy

If you’ve been impacted by a bad economy or never took the opportunity to establish your credit when it was easy to do, ... card or applied for a car loan doesn’t have bad credit. That person is untried – he has no credit ... and Bad Credit When someone overextends himself and ends up with blights on his credit, he has earned [more...]

Date: 2008-12-23 15:06:42

G. Avoid Credit Repair Clinics

You’ve probably seen ads for companies that claim they can fix your credit, qualify you for a loan or get you a credit card. Their pitches are tempting, especially if your credit is bad and you desperately want to buy a new car or house. Avoid these outfits. Many of their practices are fraudulent, deceptive and even illegal. Some have been caught stealing the credit files or Social Security numbers of people who are under 18, have died or live in out-of-the-way places like Guam or the U.S. [more...]

Date: 2009-07-23 09:02:39

Study More About Unsecured Debt Consolidation Loans - Avoid Being Rejected

Unsecured loans with bad credit can be the answer for anybody who is having problems managing their expenses and does not have anything to offer as ... people find that they have many small debts on credit cards, store accounts, plus car loans, etc ... get a consolidation loan at a lower rate of interest than many of your other bills. Credit cards and [more...]

Date: 2008-12-29 15:51:16

Pakistani Bailout Plan

Governor of The State Bank of Pakistan Dr. Shamshad Akhtar has at last woken up after days of uncertainty of the banking sector and has admitted ... ballooned, and has generated bad habits of credit cards, auto loans, house loans and other types ... put the fear of God in the public about the fact that something can also go bad, while leaving them [more...]

Date: 2008-10-17 20:00:23

More Info On Good Credit History

Bankruptcy is an option but the laws havechanged and it is not always the best way ahead ... you may have ended up hindering you. Bad Credit Personal Loans Getting your credit card debt ... . It is often the case that these credit card debts have increased over a period of time because [more...]

Date: 2008-12-20 06:29:26

End all your debts

The spender in me has strike again. I bought a new pair of Crocs “Alice” yesterday and I was like so high of its cuteness! Lol! ... all my credit card charges before it bears interest because of fear of consolidation loan bad credit ... Now, I’m thinking of a credit card consolidation for my debts, bwahahahaha! Do you think [more...]

Date: 2008-10-23 02:31:52

Up next: Credit card crisis

Feb 29 2008 picture 26 - Bank Of America - doesn't exist anymore, I don't think - transparent credit cards, originally uploaded by s, ... ? Lenders wrote off an estimated $21 billion in bad credit card loans in the first half of 2008 ... . Currently, the total losses amount to 5.5 percent of credit card debt outstanding, and could surpass [more...]

Date: 2008-10-29 14:58:57

Loan For Bill Consolidation - An Attractive Alternative?

Many people in the US today are deep in debts that they are not in a position to repay ... . Many people to own several credit cards and bad debtors, usually would have bad repayment record with all of them. For such people a bad credit card debt consolidation loan could advisable to club [more...]

Date: 2009-01-16 17:50:56

Getting More for Less with Bad Credit Cards

By now everyone knows that the economy is close to collapse.  Banks and lending institutions are the most responsible for the mess ... even to those who don’t.  Credit card, personal loans, payday advances, and mortgages were readily available to people with bad credit. The downside of this easy credit is that common sense evaporated [more...]

Date: 2008-10-29 16:22:57

Good Credit Report Score

Good Credit Report Score December 20th, 2008 Subscribe To Our Feed Bankruptcy is an option but the laws have changed and it is not always the ... establishments that promised to help you may have ended up hindering you. Bad Consolidation Credit loan personal Getting your credit card debt relief procedure started is the most important thing [more...]

Date: 2008-12-20 06:19:18

Selecting Best Homes in Los Angeles

by J. Kim Nowadays there are plenty of sites online that offer advice and information about what to do when buying a home ... as if their credit is bad or they have no credit whatsoever. Certainly the more loans and credit cards a person ... The Right Mortgage With the introduction of instant refinancing there are times now where [more...]

Date: 2008-10-29 01:54:17

Need Help With Money

It’s normal for people to make mistakes when it comes to money, but with the economy being in the state it is in now, ... get access to auto loans, credit cards, mortgages, and student loans.    Keeping your credit rating high ... you may need to correct some of your bad money habits to survive the recession. The most common [more...]

Date: 2009-01-16 01:57:49

I'm broke!

My whole trip to Philippines was really expensive. I just realize now that I spent all of my savings and I even spent some of my husband’s money ... for Auto Loans anytime. For the people who have Credit Cards for Bad Credit, no worries coz BestLeadingLenders.com is open for good and bad credit. [more...]

Date: 2008-10-11 05:01:00

How to Use 0% Interest Credit Cards

If you're credit is strong enough to garner the attention of credit card companies offering 0% introductory interest rates, then you surely have the discipline Huntsville Alabama car loans financing with bad credit mortgage home loans, real estate auto insurance, web design. Huntsville schools festivals business events [more...]

Date: 2008-12-23 12:45:37

OnlineCheck.com

These coming days and months have been rough on all American families .With the struggle of the economy we have to embrace for the future ... loans and credit card processing with has less stringent requirements, faster approval ... they know they can get good benefits by using their credit cards. If your business is in bad shape and you need a loan [more...]

Date: 2008-12-15 21:50:17

Badcreditloanshop.com

.fullpost{display:inline;}The most common problem is financial. same financial problems that contribute to this problem in the bad credit loans ... for you to secede from debt in bank and also credit card, requirement of house, health, insurance ... of your family. Eliminates taste is anxious about debt, with bad credit loan of all your requirement [more...]

Date: 2009-01-13 09:47:00

Credit Card Lenders Clamp Down Hard

Consumers are in a newly austere mood, and those who have lived beyond or at the edge of their means may be forced to retrench whether they want to ... wrote off an estimated $21 billion in bad credit card loans in the first half of 2008 ... , some can come back to haunt consumers. The result can be a lower credit score, which forces a borrower [more...]

Date: 2008-10-29 03:50:36

Take Control of Your Finances Part 6: Get Out of Debt

Debt is like indentured servitude. You work and earn income, but you hand over that income to someone else ... as well. Good debt versus bad debt One comment you may hear is that mortgages and student loans are “good debt” while credit cards and car loans are “bad debt.” The philosophy here is that houses [more...]

Date: 2008-11-21 17:52:35

51 - 100 of 123 Posts
Page: First | < Preceding | Next >
0 | 1 | 2