Monthly Archives: August 2009
Pacer Reworks Debt Plan (Journal of Commerce Online)
Intermodal middleman firm Pacer International said it “successfully entered into an amended and restated credit agreement” with bankers, beating an end-of-month deadline linked to an earlier waiver from debt covenants. Continue reading
Seniors racking up credit card debt (Aberdeen American News)
WASHINGTON — Alice Smith thought she would live comfortably and quietly in her Hyattsville, Md., retirement community. Continue reading
The Credit Guy: Handling creditors when medical woes affect income (Arizona Daily Star)
Q: I am having a lot of financial problems due to medical conditions. Continue reading
Digging out of credit-card debt (Seattle Times)
For some consumers, excessive credit-card debt can result from life-event setbacks. For others, it’s a gradual slide. Continue reading
Help teens learn how to use credit (Richmond Times-Dispatch)
Parents, talk to your college-bound youngsters about the correct use of a credit card on campus this semester—and about the dangers of racking up debt. Think about these sobering facts from a 2009 study by student lender Sallie Mae: Undergraduates are carrying record high credit-card balances Continue reading
Debt load has Algoma facing credit problems (The Globe and Mail)
Essar Steel Algoma Inc. , the Sault Ste. Marie, Ont., steel maker that has been in bankruptcy protection twice in the past two decades, is grappling with credit problems again after its new owner loaded up the once cash-rich company with debt. Continue reading
Kimco Realty repays $145M credit facility debt (The Washington DC Examiner)
NEW HYDE PARK, N.Y. Continue reading
Susan Tompor on credit card debt (Detroit Free Press)
Do you think you have too much credit card debt? What’s a good way to get a low rate on a credit card? Continue reading
3 Ways Consumers Can Get Help with Debt Trouble After Credit Card Reform (PR.com)
Expert at Bills.com suggests tools to help with credit card debt. [PR.com - June 10, 2009] Continue reading
New Laws Went Into Effect this Week with Hopes of Warding Off More Credit Card Debt for Consumers (PRWeb)
Significant parts of the new credit card law went into effect this week. As consumers sink further into credit card debt, many are looking for a bankruptcy alternative or credit card debt consolidation Continue reading
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