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Highest User Reviewed Service

39% of users rated this service #1
debt collector CreditAndDebt.com
Users selected this service because they found creditanddebt.com to be quick and easy to use. Price of the service was fair, as reported by most users. Service was said to be quicker than local brick and mortar credit services.

Second Highest User Reviewed Service

31% of users rated this service #1
creditscoring LowerMyBills.com
Users chose this bill consolidation service due to its overall effectiveness. Users declared that the price was reasonable, and service adequate. Many comments concerning LowerMyBills.com include the words "very effective" and "easy".

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Latest Debt News

The Debt Crisis, Where It?s Least Expected (NYTimes.com via Yahoo! Finance)
A children?s charity says it wasn?t told of mortgage debt risks.
Tyson: To eliminate credit card debt, get to root of the problem (Houston Chronicle)
Q: I earn a high salary but have amassed credit-card debt. What advice do you have for reducing my debt, which feels too high now? Also, how much debt is safe for me to carry?
Ascendia Brands reaches agreement on senior debt restructuring (Sharewatch)
NEW YORK (Thomson Financial) - Ascendia Brands Inc. Monday reached an agreement with its senior lenders to restructure $160 million of its first and second lien debt facilities.
The Most Intelligent Way to Eliminate Personal Debt (The Bradford Era)
(ARA) - Tired of feeling like you're living from paycheck to paycheck? Have interest charges driven your credit card balances so high, you feel like you'll never get out of debt? If so, you're not alone.
City of debt shows US housing woe (BBC News)
Stockton in California shows the dangers of the taking on too much debt as the US housing market slumps.
Ascendia Brands, Inc. Announces Agreement on Recapitalization and Debt Re-Structuring (Business Wire via Yahoo! Finance)
HAMILTON, N.J.----Ascendia Brands, Inc. today announced that it has reached agreement with its senior lenders to restructure its $160 million first and second lien debt facilities. Under the agreement, Ascendia's senior lenders will waive certain existing covenant defaults and adjust financial covenant levels from now through the end of Ascendia's fiscal year ending February 28, 2009.
Cutting debt isn't always best move (Los Angeles Times)
Dear Liz: I have $20,000 in student loans at 7.4%. Should I max out my 401(k) retirement plan and open a Roth IRA, or should I focus solely on paying down the student debt?

Previous Forum Posts/Comments about debt

Posted on: Nov 20, 08 01:14 am by: Josh Christensen
bloomberg personal finance magazineI thought that you should all take a look at this...

C'mon, even I can muster up the energy to make my way through its four-step guide. Junk mail. When did account statements begin to rival Cosmopolitan in their information-to-advertising ratio.

Posted on: Nov 19, 08 11:24 am by: David Cornejo
debt rescueI thought that you should all take a look at this...

Midvale, UT January 13, 2005 -- With consumer debt at an all time high, the American Credit Foundation proposes three simple steps to take control and get out of the "debt trap" this year. Through www. DebtGuru.

Posted on: Nov 19, 08 12:32 am by: Bob Cornejo
debtsI thought that this was awesome when I first read it...

Then, there's the vehicle. It's usually the biggest nightmare because of car loans and shared title. "The car either has to be sold or someone has to agree to pay for it or share in payments as part of any agreement," Martin says.

Posted on: Nov 18, 08 04:21 am by: Emily Babcock
help with debtCan any of you give me some advice about this?...

However, you must know that it is remortgage with bad credit has the effect of repossession of property in case of repayment failure. Bad credit remortgage have therapeutic effects that range far and wide. Bad credit remortgage is the course you need to take in case you are affected by the repercussion of the alliance between bad credit and financial difficulties.

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