In 2007, something happened to the American economy. For the first time, Americans were using more credit than they were earning income. To be exact, 8% more borrowing than earning. That... [More]

  In recent weeks, there have been all sorts of allegations about debt settlement. In large part, this is due to the Credit Card Debt Settlement Act of 2010 which was just passed. Consumers sh... [More]

  Debt settlement is a real and effective means of eliminating debt. Often, it gets too much of a bad rap by consumers who enroll in programs and don’t finish them. It takes time to ... [More]

  Debt consolidation is one of the oldest forms of debt resolution, and it is a concept that makes sense - on the surface. It works by a consumer rolling all their outstanding unsecured cr... [More]

  It’s a national crisis. Three out of four Americans have credit card debt of around $10,000, and many have five times that much. There’s no bailout help coming from the governmen... [More]

  The idea of debt consolidation seems like a sound one. But that’s on the surface.A good look at what it entails shows that it can be a very bad choice of debt relief for many consumers... [More]