Category Archives: Debt Consolidation

Credit card debt hits record high: RBA

Credit card debt has hit a new record of $49.41 billion in May, with three-quarters of credit cards now accruing interest. Continue reading

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Consumers’ Personal Debt Ceilings On The Rise Again

Federal Reserve data show consumer debt has begun ticking up again after dropping during the recession. The company that measures credit risk attributes growing credit card debt to wealthier people spending more freely and to poorer people not paying their balances in full. Continue reading

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An $850B gamble? Credit agencies and debt talks

As negotiations over debt ceiling drag on in Washington, credit agencies could lose patience and slam the U.S. credit rating Continue reading

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Credit rating: Raising debt ceiling isn’t enough

If only lawmakers would raise the debt ceiling before Aug. 2, the United States will get to keep its top-notch credit rating. Right? Continue reading

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U.S.: Raising debt ceiling not enough to save U.S. credit rating

If only lawmakers would raise the debt ceiling before Aug. 2, the United States will get to keep its top-notch credit rating. Right? Continue reading

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Your credit card could get ugly if the debt ceiling isn’t raised

If the U.S. debt ceiling isn’t raised, the floor on your credit could give out. Not to mention the walls, the front porch and the back yard. Continue reading

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A New Horizon Credit Counseling A Nonprofit Debt Management Firm Pays Clients to Get Out of Debt

Spurred by concerns over the slowed economic recovery,A New Horizon Credit Counseling a nonprofit organization gives new clients $100 to get started.Fort Lauderdale, Florida (PRWEB) July 13, 2011 With June unemployment numbers ticking up to 9.2% and the nation’s economic recovery slowing to a crawl, the nonprofit debt management firm A New Horizon Credit Counseling is taking unprecedented steps … Continue reading

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Accredited Debt Relief Announces Partnership with the AFCC “American Fair Credit Council”

Accredited Debt Relief’s partneship with the American Fair Credit Council comes at an opportune time for both parties.San Diego, CA (PRWEB) July 13, 2011 Accredited Debt Relief a San Diego, CA based full service debt relief firm has recently partnered with the AFCC “American Fair Credit Council”. Accredited Debt Relief’s membership comes on the rise of American consumers credit card debt and the … Continue reading

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Almost one in three to struggle with credit debt: survey

About 30 per cent of Australians will struggle to meet their credit obligations in the three months to September, down from 34 per cent in March quarter, a new study shows. Continue reading

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France’s BNP, Credit Agricole on ‘Frontline’ With Italian Risk

French banks including BNP Paribas SA and Credit Agricole SA have the most at risk from the euro- region’s debt crisis infecting Europe’s largest borrower: Italy. Continue reading

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