February 2010

Hiding debt: The secret lives of America’s debtors (CNNMoney.com via Yahoo! Finance)

Americans are loaded up with credit card debt. What’s worse is that some husbands, wives and even children hide those money woes from their families. The results are often devastating.

Argentine Bond Bull Kassin Says Debt Not ‘Worth Risk’ (Update1) (Bloomberg)

Feb. 26 (Bloomberg) — Raphael Kassin , the former Credit Suisse Group AG and ABN Amro Asset Management fund manager who has been bullish on Argentine bonds since 2004, says the debt is no longer “worth the risk.”

Argentine Bond Bull Kassin Says Debt No Longer ‘Worth Risk’ (Bloomberg)

Feb. 26 (Bloomberg) — Raphael Kassin , the former Credit Suisse AG and ABN Amro Asset Management fund manager who has been bullish on Argentine bonds since 2004, says the debt is no longer “worth the risk.”

Settle credit card debt for pennies? (Bankrate.com via Yahoo! Finance)

The ads shout that you don’t have to pay your credit card debt. But what can these outfits really do?

Tenn. ranks No. 2 in credit card debt (WKRN Nashville)

Tennessee residents carry more credit card debt than any other state besides Alaska.

Chicago Spire developer sued over credit card debt (Chicago Tribune)

The construction site of the now-tabled Chicago Spire. (Nancy Stone/Tribune) By Julie Johnsson | Bank of America is suing Chicago Spire developer Garrett Kelleher for $110,000 in unpaid credit card bills associated with the stalled construction project.

Accelerated Debt Consolidation, Inc. Believes New Credit Card Law May Motivate Early Birds To Find Debt Relief (PRWeb via Yahoo! News)

New disclosures that banks are required to include with billing statements may spark credit consumers to seek Debt Management and Debt Counseling sooner.

Tap student loan to pay credit card debt? (Bankrate.com)

Dear Debt Adviser, I am currently in school, financed by student loans. I also have about $17,000 in credit card debt as well as a car payment. My question is: Should I get a student loan with deferred 7 percent interest to pay off my credit cards with a 6.5 percent rate?

Tap student loan to pay credit card debt? (Bankrate.com via Yahoo! Finance)

Paying off credit card debt with a student loan is misguided. Here’s a better approach to take.

New credit rules can help consumers stay out of debt (News10 Sacramento)

Financial advisors say the new rules credit card companies have to abide by will ultimately help more Americans stay out of debt.

Next Page »