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...22. March 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...20. March 2010
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...20. March 2010
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...1. February 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...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...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...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...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...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...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...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...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...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...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 [...]
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5. April 2011
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