August 2009

New Laws Went Into Effect this Week with Hopes of Warding Off More Credit Card Debt for Consumers (PRWeb via Yahoo! News)

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. CreditCardDebt.org offers a resource for consumers and information on the latest news.

S&P raises E-Trade credit ratings on debt swap (Newsday)

NEW YORK (AP) — Standard & Poor’s Ratings Services on Wednesday upgraded online retail broker E-Trade Financial Corp .’s credit ratings after its newly completed debt exchange, but kept the ratings within junk territory. S&P raised E-Trade’s credit rating one notch to ‘CCC’ from ‘CC’. The upgrades come after the New York -based company said Tuesday it had closed a $1.74 billion debt exchange …

S&P raises E-Trade credit ratings on debt swap (San Francisco Chronicle)

Standard & Poor’s Ratings Services on Wednesday upgraded online retail broker E-Trade Financial Corp.’s credit ratings after its newly completed debt exchange, but kept the ratings within junk territory. S&P raised E-Trade’s credit rating one notch to ‘CCC’… Sponsored Topics: Standard & Poor – Credit rating – Business – Financial Services – Debt

SandP raises E*Trade credit ratings on debt swap (Crain’s New York Business)

SandP raised E*Trade’s credit rating one notch to ‘CCC’ from ‘CC’ after the company said it had closed a $1.74 billion debt exchange offer.

S&P raises E-Trade credit ratings on debt swap (AP via Yahoo! News)

Standard & Poor’s Ratings Services on Wednesday upgraded online retail broker E-Trade Financial Corp.’s credit ratings after its newly completed debt exchange, but kept the ratings within junk territory.

Hardship assistance for credit card debt (The Star-Ledger)

Q: I accumulated about $75,000 in credit card debt, but none of them help each month when all of my income – and sometimes more – goes to pay the minimums. A credit counselor has suggested I contact the companies…

Keeping Students Out of Credit-Card Debt (Time Magazine)

The second part of the new credit-card law is aimed at helping college kids and other younger folks stay out of debt.

As credit crunch eases, Americans wary of more debt (Denver Post)

It’s still tough to get a loan.

American Consumer Credit Counseling is Accredited by the Better Business Bureau (PRWeb via Yahoo! News)

The Better Business Bureau (BBB) is the authority on trust in the marketplace. They set and uphold high standards for ethical marketplace behavior, and BBB accreditation is a coveted honor earned by elite businesses and charities. American Consumer Credit Counseling (ACCC) is dedicated to helping people regain control of their finances and plan for a debt free future.

Ways to Wealth Know difference between credit and debt counselors (Memphis Commercial Appeal)

Farah: I am really struggling with my debts and am considering credit counseling. I have been told differing opinions about these services. I do not want to make matters worse. What do I need to know?

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