In response to a flood of complaints about debt collectors and credit bureaus, the Consumer Financial Protection Bureau has proposed a new rule that would make the biggest players in these genres — including Equifax, TransUnion, and Experian — subject to the same oversight policies that apply to banks. The agency, which was created under […]

Dave Ramsey says he’ll tell you the truth about debt consolidation. The process doesn’t work. Debt isn’t the problem. It’s the symptom. The only way you can resolve your debt is to change your habits. And he’s right. Most of us get into debt for one reason. We spend without discipline, generally using high interest-rate […]

Now that the holiday season is over, the credit card bills are coming due — about $52 billion spent over just the Black Friday weekend. A primary rule of debt consolidation is not to get hung up on what you did, but on what you can do about it now. Look Your Debt in the […]

We’ve all seen the commercials. We know in a hazy way that something called our credit report compiles our personal credit history into a reference number, or credit score, used by financial entities as a benchmark of “risk.” We may even understand that there are good and bad credit scores. But most people don’t know […]

Since 2008, as they struggled under the growing weight of 10% unemployment, the deepening recession, and counter-productive political bickering, Americans quietly changed their attitude toward debt. As the 2011 holiday season approached, stores advertised the time-honored concept of the “lay away” and more customers paid in cash than ever before. Gone are the days of […]

Since Michael Jackson’s death in 2009, the news has been full of details of the pop singer’s life, eccentricities, and the questionable circumstances of his demise. All of that has been rekindled with the conviction of Dr. Conrad Murray for culpability in the singer’s death as a case of involuntary manslaughter. One thing that has […]

Learn about the debate in Congress over the National debt and the debt ceiling.

Find out one unexpected thing that you can do to help boost the economy.

Learn why Credit Unions are now providing Payday Loans.

How Loan Consolidation Works The process of loan consolidation brings all your loans and outstanding bills under one bill with a low interest rate. People with various over drafted or unpaid credit cards, or loans that they are struggling to pay, can negotiate to bring these expenses together, lower the amount due and have an […]