Category Archives: Debt Consolidation
Debt on credit cards is towering in Brazil
SAO PAULO – Silas Xavier pulls credit card bills from a pocket on the door of the taxi he drives, more from the glove box and still more from a pouch behind his seat, waving them as his voice rises in frustration and desperation. Continue reading
Credit Card Debt and Financial Woes in America
The Federal Reserve issued a recent report showing credit card debt is skyrocketing causing financial distress in Americans. Continue reading
Consumers borrowed more in May, increasing their credit card debt
Consumers tend to take on more debt when they feel wealthier. But an increase in credit card debt can also be a sign of people falling on harder times. Continue reading
Americans used credit cards more
Borrowing is a sign of confidence in the economy. Consumers tend to take on more debt when they feel wealthier. That boosts consumer spending Continue reading
Debt Debate for Dummies: 6 Keys to the Issue
A guide to the fight in D.C. over the national debt. Continue reading
ECB waives credit rules on debt of Portugal
WITH NO sign of any easing in the tension in sovereign bond markets, the European Central Bank yesterday responded to Moody’s sharp downgrade of Portugal by waiving its credit rating threshold on its debt. Continue reading
Borrow against your home to pay credit card debt?
Should home equity be used to pay down credit card debt? Continue reading
Credit Issuers Relax Standards Granting Greater Access to Credit Cards: ConsolidatedCredit.org Offers Expert Advice …
Many of the top credit card lenders have recently decided to lax their underwriting standards to make getting approved for consumer credit easier. Continue reading
Should Medical Debt Hurt Your Credit?
Of all the annoying things about your credit score, the one that turns people’s crank the most is how medical debt can tarnish it. That’s understandable. Nobody plans to get sick. Continue reading
What if you stop paying your credit cards?
Debt collection efforts will intensify the longer your credit card bill goes unpaid. Continue reading
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