Just In Time Lending

Several years ago, I was under-employed and drowning in credit card debt. I chose to go the debt settlement route. I was never comfortable with the process. Recently, I have come into a sum of money which can eliminate that full amount of debt with no settlements. Since my credit score is fairly low already, [...]

My parents are in debt, about $30k and obviously the min. payments are definitly not going to get them anywhere. Problem is they don’t own a home or any type of secuirty for a loan, so a bank loan is out of the question. I just want to know if there is some way that [...]

I have bad credit, I let someone borrow money from two of my credit cards and they stop paying them for like 3 months. ( how irresponsible of me, i know) I had to start an account with one of the debt consolidators to make one single payment a month on both those credit cards, [...]

The Washington Post carried an article last week outlining the immense consolidation that has taken place in the US banking system as a result of the policies of the Bush and Obama administrations in response to the financial crisis. The article, entitled “Banks ‘Too Big to Fail’ Have Grown Even Bigger,” reports how the largest [...]

especially if you dont’ have the money to pay off the monthly balance? i have $8,000 worth of credit card debt and not sure if it was a good idea to get a debt consolidation loan to pay 3 of ‘em.

Bankruptcy or a Debt Reduction Program?

I’m trying to improve my credit score and have come across these two options. I would like to know which of these two options is fast and reliable?

At last, a policy that’s better than a bail-out The restructuring of debt offers Europe an alternative to endless, ineffective hand-outs. Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland Finance

I owe on 3 credit cards. One is starting to fall behind on the payments as its too much to pay. Which route is the way to go? Debt consolidation or contacting creditors & explaining that I was living beyond my means & now I am having trouble paying. On the one card I’m having [...]

Because debt consolidation may only worsen the credit card debt than to improve it, consumers should be cautious and consider other alternatives in order to recover from their personal recession.