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Debt Settlement Foundation Helps Consumers Reach Financial Freedom in 2010
The Debt Settlement Foundation announces its launch of a new website to help consumers eliminate debt, modify their spending habits, and focus on a solution that will guide them to a more financially stable life. “At the Debt Settlement Foundation, we help clients settle their total outstanding unsecured credit balances significantly,” says Debt Settlement Foundation [...]
Continue reading...China’s Economy Not a Bubble
22. January 2010
It was announced today that China’s GDP grew 10.7% last quarter over a year ago, its fastest pace since 2007. There is now speculation that China’s central bank will start raising their benchmark interest rate in order to tighten debt lending in the country. In fact, China’s central bank last week raised reserve requirements and [...]
Continue reading...Uncle Sam Down and Out as Congress Prepares to Raise Debt Ceiling
20. January 2010
Today the Employment Policies Institute’s (EPI) “Defeat the Debt” campaign will station eleven destitute Uncle Sams in New York City’s Times Square to beg for $12 trillion from taxpayers. The appearance comes one day before Congress is scheduled to begin debate on raising the debt ceiling, as the nation’s $12.3 trillion debt is coming dangerously [...]
Continue reading...Consumers’ Perception of the Economy Remains Negative; Businesses Slightly More Upbeat, but Indicate Job Cuts Will Continue
16. January 2010
Over half of consumers in the U.S. hold a negative position on the economy as they continue to see a decrease in household assets and an increase in personal debt The latest information from two of TNS’ banking research studies show consumer perceptions of the U.S. economy remain predominantly negative. According to the studies, consumer [...]
Continue reading...Five Gifts to Give Yourself in the New Year
29. December 2009
The Best Gifts Don’t Always Come Wrapped in a Pretty Package The holidays are a wonderful time full of having fun with friends and family and giving gifts to the people we care about. For many consumers, however, the joy of the season will soon be replaced by the stress of paying holiday debt. “It is easy [...]
Continue reading...Survey Reveals Renters are Ringing in the Holidays by Spending Less Than Last Year
9. December 2009
The National Foundation for Credit Counseling survey reports many Americans are choosing to pay down debt and pad their savings account ahead of spending money on gifts this year. These findings are supported by the results of a national Apartments.com survey revealing renters feel uneasy about the current economy and are approaching this holiday season more [...]
Continue reading...Debts: Wipe Them Out or Simply Manage Them
20. August 2009
When debt gets out of hand, it becomes a major source of stress. But with patience and these strategies, you can be debt-free in no time. * Know how much debt you have. List down all your debts and make a repayment plan. Finish paying the debt with the highest interest rate and so on. A debt [...]
Continue reading...Never Drag Your Forbearance Longer Than Necessary
19. August 2009
If you find that you are falling behind in student loan payments, you can request forbearance. A forebearance is when your lender agrees to a repayment plan on your mortgage. It usually involves a substantial down-payment and increased monthly payments.This is a temporary solution that is granted for those experiencing financial difficulty. In order to qualify, [...]
Continue reading...Hitting A Financial Aid Brick Wall
18. August 2009
If you have hit a brick wall during the financing of a student loan, you may be able to recover using the HEA or Higher Education Act’s Section 674.39 on Loan Rehabilitation. The Higher Education Act of 1965 and the 1998 amendments clearly state the required statutes of this Act. To wit: If the borrower of a [...]
Continue reading...Research Before You Apply
17. August 2009
During this economic crisis, many lenders are withdrawing from programs designed to afford students the opportunity to attend a college or university.In an effort to ascertain what types of grants, or loans are available, it is necessary to research before you apply. The internet will afford you the ability to do so. If [...]
Continue reading...Tips For Less Holiday Spending
17. August 2009
Holidays are fast approaching. Discovering tips for holiday shopping can help you avoid taking on a Christmas loan and put you in a better financial position for the entire year. For some, holiday spending can become a debt trap that repeats itself year after year, so the earlier you prepare the better off you will [...]
Continue reading...Credit Card Types
17. August 2009
Along with the traditional credit cards, there are other types of credit cards that are widely used. Here are some of the more popular ones. Reward Programs - There are some credit card companies that offer rewards as an incentive to use their card. For example, every purchase made with Amazon.com yields points. When you reach [...]
Continue reading...Insurance Matters
14. August 2009
During this time of worldwide economic crisis, careful assessments of your expenses must be started. Start investing your money in insurances. Here are tips on how to get along with insurance matters. =Have enough. Have enough life insurance to replace at least five years of your salary, ten years if you have kids or significant debts. =Think about [...]
Continue reading...Smart Ways to Handle Your Credits and Loans
12. August 2009
You will never get rid of your debt bed if you continue to increase your credits. Be a wise-spender. Know how to handle your credit accounts. Get a rewards card. If you need a credit card, the best type to get is a no-fee rewards card that you pay in full every month. Never borrow too much [...]
Continue reading...Save and Spend Your Money
11. August 2009
When aiming to eliminate debt from your life, every single expense you make counts. You quickly find as well the need to change your ways of spending too much. But that does not mean that you have to deprive yourself from all treats. Cutting all of the fun out of your budget is the surest way [...]
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1. February 2010
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