Monthly Archives: April 2010

All Infographics – Commodity price fluctuations, along with the globalisation of the world economy have led to profound changes that seriously affect the . . . All Infographics – Breakdown by U.S. state of the highest and lowest tax rates for gasoline, cigarettes, sales and booze. All Infographics – This image depicts the surprising statistics […]

The providers of debt consolidation loans received some good news in early April from the Associated Press: Consumers are borrowing money again. And when consumers add to their levels of debt, they’re more likely to one day need the services of debt consolidation loans. The big question from stats released by financial data company Thomson […]

Wisconsin is the only state in the union that doesn’t regulate payday loans. And the leaders of that industry want to keep it that way. At least that’s how it seems after the payday lending industry donated nearly $75,000 to Wisconsin politicians last year, the same year in which these legislators debated whether they should […]

While the latest housing statistics brought mostly bad news for homeowners, there was a silver lining if you happened to be the owner of a debt consolidation business. That’s because both home sales and housing prices fell in January. And this means one thing: In a nation where most people have their wealth tied in […]

An article in the Wall Street Journal from April of 2009, warned that defaults on student loans would skyrocket to 6.9%, the highest default rate since 1998. There had been a steady climb since 2003: from a rate of 4.7% in 2005 up to 5.3% in 2006. “The volume of people in trouble is definitely […]

Personal loans are unsecured lines of credit that consumers take out to pay expenses not typically covered by other kinds of loans (such as a mortgage loan or an auto loan). These expenses can be carefully-planned expenditures or they can arise out of emergency situations, but the upshot is usually the same: the debtor needs […]

Debt consolidation loan might be the answer, if you are struggling with an ever-mounting monthly debt. However, before you take on one of these loans, you should consider every other option. That’s because debt consolidation loans are known as credit-score killers. When you take out one of these loans, your credit takes a big hit. […]

While the consolidation of credit card debt can be a wise move financially, it is important to do it correctly with a clear understanding of whether it will truly benefit someone or get them deeper in debt. Care must be taken to check the various rates of interest on each of the credit cards because […]

Are today’s college students setting themselves up to be the debt consolidation customers of tomorrow? A new report from credit bureau Equifax, reported exclusively to the Reuters news service, seems to indicate this. According to the Equifax study, student loans outstanding are up nearly 50 percent since 2007. The amount of money that students have […]

Most consumers know that a good credit score is important when applying for a mortgage loan. But how many consumers know that a top credit score can also mean lower rates when they’re applying for auto insurance? It’s just one more reason that consumers should be focused more than ever on credit repair; your three-digit […]