Archive | Debts RSS feed for this section

DollarsDirect Protections with VeriSign, McAfee Reassuring to Borrowers

5. April 2011

0 Comments

DollarsDirect Protections with VeriSign, McAfee Reassuring to Borrowers

With the increase in overall market size for payday loan borrowers – particularly since the advent of faxless payday loan borrowing online – it’s been a bit of the Wild West for any lender looking to set up a paycheck advance shop. What newcomers to the industry didn’t anticipate are the security concerns of [...]

Continue reading...

Deloitte Reports Commercial Real Estate Potentially Hits Bottom in 2010

22. March 2010

0 Comments

Deloitte Reports Commercial Real Estate Potentially Hits Bottom in 2010

Despite Adverse Conditions, Optimistic Investors Find Opportunities via Distressed Assets While declining values, debt maturity and tight credit access, and stalled construction may continue to plague commercial real estate in the United States for the remainder of 2010, economic indicators point towards the potential for economic recovery this year. For investors, this environment reveals a [...]

Continue reading...

According to Lexington Law Group: What debts are not erased by bankruptcy?

20. March 2010

0 Comments

According to Lexington Law Group: What debts are not erased by bankruptcy?

Many people filing for bankruptcy are surprised to find out that not all of their debts are discharged – that is, erased. Certain debts are not eligible for discharge, including: Back taxes Child support and/or alimony Any debts that resulted from a government fine or legal decision – for example, DUI fines, personal injury suits, damage to the [...]

Continue reading...

National Law Firm Announces Groundbreaking Program To Help Consumers Manage Debt Payments

20. March 2010

0 Comments

National Law Firm Announces Groundbreaking Program To Help Consumers Manage Debt Payments

Persels & Associates’ contingency fee program first of its kind for consumers drowning in debt As Americans drown in unpaid bills and desperately look for a way out, Persels & Associates, a national law firm with attorneys in all 50 states, announces a groundbreaking program designed to help people manage their debt. For a small initial set-up [...]

Continue reading...

Debt Settlement Foundation Helps Consumers Reach Financial Freedom in 2010

1. February 2010

0 Comments

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

0 Comments

China’s Economy Not a Bubble

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

0 Comments

Uncle Sam Down and Out as Congress Prepares to Raise Debt Ceiling

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

0 Comments

Consumers’ Perception of the Economy Remains Negative; Businesses Slightly More Upbeat, but Indicate Job Cuts Will Continue

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

0 Comments

Five Gifts to Give Yourself in the New Year

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

0 Comments

Survey Reveals Renters are Ringing in the Holidays by Spending Less Than Last Year

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

0 Comments

Debts: Wipe Them Out or Simply Manage Them

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

0 Comments

Never Drag Your Forbearance Longer Than Necessary

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

0 Comments

Hitting A Financial Aid Brick Wall

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

0 Comments

Research Before You Apply

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

0 Comments

Tips For Less Holiday Spending

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...