Tag Archives: debt

The Average American Debt? Over $10,000
Feb 10, 2011 - The recession may be easing up, but three new reports show that the average American debt is more than $10,000 and collection abuse is soaring.

Dying in Debt: Can You Take It With You?
Aug 31, 2010 - Think your debts are wiped out when you die? Think again. If you're not careful, you could stick your survivors with a big bill.

10 Tip-Offs You’re Heading for a Debt Disaster
Jun 17, 2010 - Think you might be heading for debt trouble? Answer these 10 questions and you'll know.

Can’t Pay Your Student Loans? Ask for a Deferment
May 26, 2010 - If you can't pay your student loans because of job loss, illness or other hardship, you may be able to get a deferment.

Latest US Export? Consumer Protection
Apr 18, 2010 - There's an old expression: "When the US sneezes, the rest of the world catches a cold." Our recent housing crisis and recession quickly spread around the world. Now we're exporting something a little more pleasant: consumer protection.

New Credit Card Statements Could Help Consumers Decrease Debt
Mar 04, 2010 - The new credit cards statements can help you pay off your credit card debt faster by showing you how long it will take and how much extra interest you'll pay if you only send in the minimum.

Abused by a Debt Collector? Get a Free Lawyer
Mar 03, 2010 - Just because you owe money, doesn't mean debt collectors can treat you like a doormat. If they are, you might be able to turn the tables with a free lawyer.

4 Tips to Escape from Debt Prison
Mar 02, 2010 - The most popular ways people deal with their debts and how to figure out which will work best for you.

Before The Credit CARD Act, A Pound of Flesh
Feb 25, 2010 - No, it wasn't your imagination. Your bank probably did raise rates and fees prior to submitting to the consumer protections enacted by the new law that went into force on February 22, 2010. And when you see the details, your blood will boil. Especially in light of the fact that taxpayers bailed out some of the same institutions now sticking it their customers.

Debt Settlement Company Bites Back
Feb 23, 2010 - Debt settlement is a controversial technique to pay less than what you owe. Read this recent email exchange between me and the owner of a debt settlement company and you'll see what I mean.

I Paid the Collection Agency, But the Negative is Still On My Credit History!
Feb 18, 2010 - Don't ever be persuaded to pay past due accounts without getting an agreement from the creditor or collection agency to remove any negatives from your credit history!

Viewer Question: If I Settle a Debt, Do I Have to Pay Taxes?
Feb 15, 2010 - Most people don't realize it, but when you're unable to pay your bills, you've got more to worry about than damage to your credit score. Because your creditor's not the only one involved when you avoid repaying part or all of a debt through debt settlement, foreclosure or any other sort of forgiveness. You've also got Uncle Sam to worry about.

Imprisoned by Debt – 5 Escape Plans
Feb 04, 2010 - This reader has $40,000 of credit card debt and having trouble making payments. If you're in a similar situation or know someone who is, take a look at the 5 options to deal with debt. Warning: None are painless, and all will result in varying degrees of hassle and heartache.

Let Uncle Sam Help You Pay Off $5,000 of Debt
Feb 02, 2010 - Most of the money I suggest harnessing for debt destruction comes in dribs and drabs from doing things like smart shopping and avoiding dumb deals.But sometimes there's something big you can do. This is one of those times.

Viewer Question: I’m Drowning in Debt. Can You Help?
Feb 01, 2010 - If you're drowning in debt with no hope of recovery, it's time to get help. NOW.