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Latest Creditcard Debt News
Using plastic to buy gas & food! (The Economic Times) Seth Woodworth stood paralysed by fear in his parents' driveway. It was two years ago, during his sophomore year at Central Washington University, and on this visit, he was bringing home far more than laundry. He was carrying more than $3,000 in creditcard debt.The high cost of living (Tulsa World) Retired Marine Maj. Gamal Awad cries out while exercising at his home in Temecula, Calif., on Sept. 5. Awad suffers from post-traumatic stress disorder, which started after he volunteered for rescue work on Sept. 11, 2001, at the Pentagon. His PTSD was aggravated by tours in Kuwait and Iraq.Ex-comptroller sentenced to 20 years in county theft (NWAnews.com) Former Pulaski County Comptroller Ron Quillin pleaded guilty Friday to stealing more than $42,000 from the county and was sentenced to 20 years in prison. (Arkansas Democrat-Gazette Northwest Edition)Consumer debt rose in January (The Columbus Dispatch) Consumers? borrowing increased in January, reflecting an increase in auto loans. The Federal Reserve reported yesterday that consumer credit rose at a 3.2 percent annual rate in January, up from December?s 2.5 percent increase.Credit peril (The Columbus Dispatch) If you feel as though your credit-card company is putting you through the wringer, there?s a reason.The O'Donnells: Starting out in hock (CNN Money) Like so many romances today, Kim and Brian O'Donnell's story began with a visit to an online dating Web site.Determine debt-to-income ratio to help gauge financial health (The Columbus Dispatch) The end of the year often gives rise to questions about your financial state. If it doesn?t, it should. I regularly field questions from readers about their financial health. Here?s one that?s worth a closer look: "How is a mortgage figured in to your debt load?
Previous Forum Posts/Comments about creditcard debt
Posted on: Nov 20, 08 05:24 am by: Jim Ayala
Look at what finally happened...
Nldc. us/debtoptions. html
Debt Elimination Scams Fraud Warning
http://credit.
Posted on: Nov 19, 08 06:43 pm by: Katie Tschannen
Look at what finally happened...
Credit-card debt is behind an alarming trend reported by Demos , a nonpartisan public policy group in New York City. It found that bankruptcy among senior citizens has increased 217% in the past decade.
Though their debt levels lag behind those of younger generations, the amount of money the elderly borrow is creeping upward.
Posted on: Nov 18, 08 11:47 pm by: Jennifer Nielson
I thought that you should all take a look at this...
And the temptations of borrowing are ripe -- especially if you own your home and have a good, long-standing credit history. Still, the same rules of credit management we preach for the younger set apply to senior citizens:
Spend less money than you bring in.
If you must carry a balance, negotiate a lower interest rate with your lender, or find a better deal.
Posted on: Nov 18, 08 02:07 pm by: Jennifer Butler
I found this while looking on the internet...
Andrew baker has done his masters in finance from CPIT. He is engaged in providing free, professional, and independent advice to the residents of the UK. He works for the Secured loan web site uk finance world for any type of uk secured and unsecured loan please visit http://www.