Credit Counseling

No government bailout on credit card debt

Dear Debt Adviser, Do you know of any official, government-sanctioned, consumer credit card , bailout programs? If these programs don’t exist, are there legitimate services that can actually assist consumers in reducing debt without adverse credit score or credit report consequences ? Any insight is appreciated.

Credit Deflation Lands in Britain

Credit deflation just hit the UK for the first time on post-war records… HMMMM… This looks telling.

Moody’s says it might downgrade Hungarian debt

Moody’s credit rating agency warned on Friday that it might downgrade Hungarian sovereign debt, citing looming problems for the economy and the level of public overspending.

Debt problems ‘impact negatively on people’s health’

Consumer Credit Counselling Service report says debt problems affect people’s relationships and ability to work More than eight out of 10 people with debt problems say their financial difficulties are having a negative effect on their lives, jeopardising their personal relationships, health and ability to carry out their jobs, according to a debt counselling charity. The Consumer Credit …

Credit Suisse reports ‘resilient’ earnings

Swiss bank Credit Suisse said on Thursday its second-quarter net profit was 1.6 billion francs (1.19 billion euros, 1.52 billion dollars) despite market volatility over Europe’s sovereign debt crisis.

Credit Card Debt? Relief & Consolidation Help Available

ATLANTA, GA–(Marketwire – 07/21/10) – Credit card debt relief is needed today now more than ever. Working class Americans have been pummeled in recent years by the downturn in the economy. Many now find it necessary to use credit cards to pay for everyday needs to make ends meet each month. Credit card is a debt crisis that is gripping America today. The compelling argument has been made that …

Beyond Credit Card Debt

Beyond Credit Card Debt

Ireland’s debt rating downgraded by Moody’s

IRELANDS SOVEREIGN debt was downgraded yesterday by credit rating agency Moodys. It lowered the rating on Irish government bonds to Aa2 from Aa1 and altered its outlook from negative to stable.

Buy Riskier Classes of Credit-Card Debt as Defaults Fall, Wells Fargo Says

Investors should buy subordinate bonds backed by credit-card payments as defaults fall and delinquencies slow, according to Wells Fargo Securities.

THL Credit Schedules Second Quarter Earnings Release and Conference Call

BOSTON — THL Credit, Inc. , a leading provider of junior debt and equity to middle-market companies, today announced that it will report its financial results for its fiscal second quarter 2010 after the market closes on August 9, 2010.

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