Monthly Archives: July 2010
Some debt settlement services are scams
Credit counseling and debt settlement services are a booming business. But some companies are scamming desperate consumers, making a bad situation even worse. Chris Oaks this week spoke to Gail Cunningham, vice president of the nonprofit National Foundation for Credit Counseling. Continue reading
Credit card debt reduction companies: The Real Deal
Everyone has heard the ads for companies that promise to reduce credit card debt. Continue reading
Debt Settlement Crackdown
NEW YORK (AP) – Companies that promise to reduce or eliminate credit card balances and other debt for customers will no longer be allowed to charge an upfront fee. Continue reading
Crédit Agricole Corporate & Investment Bank Expands Credit and Debt Markets Team with Five Seasoned Professionals
NEW YORK–(BUSINESS WIRE)–Crédit Agricole Corporate and Investment Bank today announced the addition of five new highly experienced sales, trading, research, and DCM origination professionals to its expanding debt and credit markets platform. The addition of these resources to our team underscores our continued commitment at Crédit Agricole CIB to provide exceptional, fully integrated global … Continue reading
Is Dad responsible for stepmom’s credit card debt after her death?
Responsibility for debt after the debtor’s death comes down to who signed the contract and what state they’re in Continue reading
‘Debt relief’ firms can cost more, ruin credit
Dear Action Line: What can you tell me about these ‘debt relief’ firms that advertise on late-night cable TV? M.H., Tulsa. Continue reading
Investors Should Sell Japan Sovereign Default Swaps, Credit Agricole Says
Investors should sell credit-default swaps on Japanese government debt because prices overlook the nations improving economic growth outlook, according to Credit Agricole SA. Continue reading
Contact 6 helps homeowner get refund from Credit Solution Group
Sharon Cordoba’s debt and credit score are out of hand. With $30 thousand dollars of debt and mouths to feed, she tried to work with Credit Solution Group out of Brookfield. Continue reading
AT&T Faces Credit Downgrade If It Doesnt Lighten Debt Load Soon
Ratings service Standard & Poors could cut AT&T Inc. s A credit ratings if the telecom giant doesnt lighten its debt load. Continue reading
The Inception of New Debt Relief Programs Helps Consumers Get Out of Credit Card Debt
LOS ANGELES, CA–(Marketwire – July 28, 2010) – Throughout history debt relief has evolved and recently the industry has undergone a dramatic change due to high consumer credit card debt. Debt relief forgiveness can be traced back to biblical times in the Old Testament, when Moses declared a Holy Year to take place every year where all debts are forgiven and all slaves freed. In more recent … Continue reading
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