If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The recent rise in complaints about companies that promise debt relief and simply add to the misery of desperate families has caused the Federal Trade Commission to propose a change in the regulations that control Debt Relief finance providers. [...]
Bankruptcy, foreclosure, bad debt used to be all four letter words. Not any more, defaulting on loans, mortgages and promises is happening so often it has nearly become acceptable. Obviously there are situations where there is nothing we can do and bankruptcy and foreclosure are the only viable way. However in many if not most [...]
Debt is a terrible thing to undergo, especially when you don’t know how to get debt relief. Although it is a popular word nowadays due to huge effort various governments are putting forward to buy save millions of families from losing their homes or declaring bankruptcy, finding accurate and unbiased advice is no easy task. [...]
One of the greatest culprits for serious debt problems are credit cards. Obviously it is our bad use or management of credit cards that causes the debt problems, you can’t blame a gun for what its owner does with it. Nevertheless some guns are more trigger sensitive than others, and it’s not the same to [...]
Desperate situations elicit desperate measures. Many families are certainly living in desperate situations due to the current worldwide economic crisis with millions of families losing their homes in the U.S alone. These families and households are reaching levels of desperation where any option that provides an ounce of hope or even a temporary [...]
There is nothing harder than helping someone who doesn’t think they need help. That statement is certainly true for borrowers and debt relief. We live in such a crazy consumerist society that sometimes we don’t realize when we are living beyond our means and are in need of urgent help. Like an anorexic teenager we [...]
How can you get out of the cycle of debt and have a fresh start. Those looking for easy fix solutions will have to continue looking but those that are determined to work hard with their problem and are willing to make big changes in their lifestyle and habits can find a solution.
We must start [...]
First of all we must start by saying the debt consolidation loans may not be a good idea for you. In fact many dubious loans are often “sold” as debt consolidation loans when they are just a bad loan you wouldn’t want to touch with a barge pole.
Debt consolidation loans are loans that are purchased [...]
Common pitfalls of debt consolidation you must avoid.
Getting into debt is not something we like to make a habit of. We are therefore not always prepared to deal with serious debt and more importantly how to get out it. Unfortunately there are many companies that make a business out of taking advantage of people in [...]