How are debt consolidation companies regulated?

Saturday, July 2nd, 2011

Debt consolidation companies should work with the interests of their clients in mind. The purpose of these companies is to provide counseling and debt management services for their clients by negotiating favorable terms on their accounts. However not all debt consolidation companies are upstanding and some will charge excessive and ...

Old School Ways Still Save Money

Tuesday, June 28th, 2011

Everyone is looking for new and creative ways to save money these days.   You don’t need to devise an elaborate budget that will have your family wondering if you’ve turned into Ebenezer Scrooge overnight.  Some times the best ways to save are the same things people have been doing for ...

7 Ways to Consolidate Your Debt

Sunday, June 26th, 2011

These days, it’s hard to look at debt consolidation options without getting a heavy sales pitch. The industry as a whole is known for seedy offers that are a better deal for the debt consolidation companies than for the consumer. But when used wisely, debt consolidation helps people save money ...

The Do’s and Dont’s of Personal Finance

Thursday, June 23rd, 2011

When you think about your personal finances, you have to think about what works best for you. The same thing that works well for one person may not yield the same results for the next person. However, there are do’s and don’ts that all individuals should pay attention to regarding ...

Government cracks down on more student loan defaulters

Wednesday, June 22nd, 2011

The government is going after more student loan defaulters and suing to recover the money. The Education Department referred 5,393 loan defaults to the Justice Department last year, compared with 2,596 in 2009, according to USA Today. There were 918 referrals in 2006. Too much debt Many people who used ...