| You Can Now Legally and Ethically Erase 50% of Your Credit Card Debts This Year, Now! September 12, 2009 at 8:59 pm |
| | It is now legal to erase 50% of your debt that you owe to any financial institution, however Americans have been educated by their creditors and so they stay in debt until they retire. Card debts of $10,000 will take an average consumer 40 years to pay down, interest rates are that high. |
| Fees Are Going Up - What to Do About It September 12, 2009 at 6:39 pm |
| | Fees are going up, again. This has been going on for several years but lately it is impacting even those with good credit. As the default rate continues to increase on mortgages, credit companies say that their increases are to cover their losses in that arena as well as boost revenue. Unfortunately, the increased pace in interest rate hikes comes at a time when household budgets are already being stretched to the limit. |
| Ways to Improve Credit Scores and Why September 12, 2009 at 6:12 pm |
| | Everyone knows the importance of maintaining a good credit score. Having a good credit score has several advantages, the most prominent of them being the easy availability of finance. However, sometimes due to some uncontrollable incidents or due to our carelessness, we might commit some mistakes that can reduce our credit score and hence, we should take all the measures that we can to improve it. |
| Obama Wants All People Out of Debt - Erase 50% of Your Credit Card Debt! September 12, 2009 at 4:59 pm |
| | Credit card debt left unchecked has made financial life miserable for millions of stressed out consumers, many of whom consider bankruptcy as a last resort to relieve the pain and embarrassment caused by constant collection phone calls and collection letters. Consider that it can take 20 years to pay off a ten thousand dollar past due balance on your high interest credit card. |
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