What about Debt-Settlement Companies?

Several people have contacted us recently with questions about companies that offer debt-relief or debt-settlement ... an article focusing on the increasing number of consumer compaints about debt-settlement companies ... rates and fee reversal, as well as any hardship or debt management programs they might [more...]

Date: 2008-10-20 22:41:02

Blog posts (14) | Videos (2)
 

Welcome to the Carnival of Debt Reduction

Hi everyone, and welcome to this week’s Carnival of Debt Reduction . There were more good articles submitted this week than are shown below, but only a small number of them dealt directly with (a) personal debt reduction stories or (b) how to reduce consumer debt: No Credit Needed dispenses with a lengthy introduction and jumps right in with a six-step process for eliminating credit card debt . Free Money Finance recounts a story of how one couple paid off their mortgage . [more...]

Date: 2009-09-28 05:00:04

Welcome to the Carnival of Debt Reduction

Hi everyone, and welcome to this week’s Carnival of Debt Reduction . There were more good articles submitted this week than are shown below, but only a small number of them dealt directly with (a) personal debt reduction stories or (b) how to reduce consumer debt: No Credit Needed dispenses with a lengthy introduction and jumps right in with a six-step process for eliminating credit card debt . Free Money Finance recounts a story of how one couple paid off their mortgage . Financ [more...]

Date: 2009-09-28 05:00:04

End Your Bad Debt

This article should give debtors a chance to look at their fianancial position and help put their debt in order ... Debtline: Free confidential helpline to those in debt Consumer Credit Counselling Service ... . If you’re in debt, it’s time to face up to it. Denial is the worst thing you can do. You need [more...]

Date: 2008-12-19 01:33:15

Debt-Financed Consumer Spending Spree?

From the Wall Street Journal article "Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic Woes": ... " and you get 600 results, and for "credit card nation" you get almost 400 results. But the consumer debt data ... Rick and Noreen Capp recently reduced their credit-card debt, opened a savings account and stopped [more...]

Date: 2009-01-08 14:56:00

Tough Times ahead.....Life and debt

In the interesting article below, it talks about the US Federal Reserve cutting its interest rate to zero to prevent deflation from threatening the ... in US. Of course there are many differences. The US consumer is in debt while the Japanese were enthusiastic savers ... to get out of it now. A deflationary recession is going to make life miserable for [more...]

Date: 2008-11-20 10:57:12

Mortgage Mania 26 - …And Henry Giveth Again

You would have to be living under a rock to have missed this today, so here is a newsflash for all you subterranian dwellers ... up mortgage assets, consumer credit card debt and car loans. In his article, “Fed bets $800 billion ... securities backed by auto loan and credit card debt. Hmmm, let me see if I get this straight [more...]

Date: 2008-11-26 04:30:52

Criminal Charges: Volume XVII

About the author: This guest article is presented by Jeremy M. Simon, who writes for Taking Charge. Jeremy’s articles focus on payment card and debt trends impacting consumers. Thanksgiving ... edition of Criminal Charges, my weekly roundup of news items combining payment cards and crime [more...]

Date: 2008-11-24 12:30:59

MortgageNewsClips: On Risk Models, Dow Chart, Credit Cards and Colleges, OC Prices Off, Russian Socialism, David Merkel, Cram Downs, Buying Bonds, Bank Spreadsheet, Fannie and Indy, Mark Perry, Protect Me, 4 more, Ira 3-Fer

       Risk Modeling Section - models don’t always work! - 2 important articles: 1 ... Trap Unspoken Link Between Credit Cards and Colleges - JONATHAN D. GLATER - … Hundreds of colleges ... consumer debt —  the arrangements have sounded alarm bells, and some student groups are starting to push [more...]

Date: 2009-01-06 00:15:07

They cancelled my credit card

I just saw this article called “My credit card was cancelled” on the money section of CNN.com ... closing all the others. We also occasionally purchase something on them and quickly pay it off ... . We have been working the last three years to pay off over $30,000 of consumer debts. I love the feeling [more...]

Date: 2009-01-01 16:05:52

Foundations of Crisis

Foundations of Crisis Posted by Roger on January 14th 2009 Guest Article By Doug Casey, Chairman, The Casey Report, Casey Research, LLC ... if the amount of consumer debt out there, mostly accumulating at 18% interest, is any indication. One point [more...]

Date: 2009-01-15 01:50:29

Data Mining and Credit Profiling: How Lenders Lure You to Borrow

Although responsibility for every penny of debt ultimately rests with the borrower, lenders have developed tempting baits to lure consumers into their traps. A recent New York Times article by Brad Stone describes a system that works against Americans, not for them [more...]

Date: 2008-10-28 12:00:54

Doug Casey: We've Just Begun "The Greater Depression"

This is a guest article by Casey Research Founder and Chairman, Doug Casey. Enjoy! ... and slanted. And they must not think very much about the future either if the amount of consumer debt [more...]

Date: 2009-01-13 23:08:00

Puritans versus spendthrifts: recession’s culture war

This is the title of an FT article and poses a simple question. How should people be persuaded to consume rather than save? ... and the poor who are already happy living in debt. Those who already have some cash and assets (i.e. ... developing. So what do governments do about this problem of the puritan older person? There are four [more...]

Date: 2009-01-12 06:03:47

14 Results