Monthly Archives: June 2010

Sometimes, bad credit personal loans are the only option that is available to some folks. Let’s face it, life just doesn’t always work the way that we want it to, and at times, through no fault of your own, you find yourself with less than a great credit rating. One way to look at this […]

A personal loan may be right for you, under certain circumstances. Times are tough for a lot of people, and finding the best personal loan for your situation will take some research, but it will be time well spent. If you find yourself needing a little extra money to help with some unexpected bills, college […]

Is the still struggling U.S. housing market, with its high rate of foreclosures and plummeting home values, destined to send consumers to debt consolidation loans in the years to come? Will the residential housing slump continue to act as a drag on the national economy’s recovery? A recent story by the Chicago Tribune suggests that […]

Debt consolidation has an almost magical ring to it. The idea that someone could take all your debt – all these things that are weighing on your mind – wrap them up into neat little bundle, and charge you one low payment per month sounds almost like a fantasy. The sad truth is that, in […]

You know the debt consolidation and settlement industries are doing well when even the New York Times devotes a front-page story on its Web site to the good fortunes of the industry. It’s debatable, though, whether the New York Times story will do much for the industry’s reputation. The long feature story paints the debt […]

What’s the wiser choice, debt consolidation or transferring your large credit card balances to a new cards with lower interest rates? Not surprisingly with such a big question, the answer is a solid “It depends.” Before deciding on either course, consumers need to take a long look at their finances, the amount of debt they […]

Personal loans are a necessity sometimes. They are a great way to get the money you need to make ends meet, cover an unexpected expense, consolidate debt, etc. If you need a personal loan, then the higher your credit score, the lower your rates will be (in general). You have a variety of options available […]

Is the federal government’s massive mortgage modification program little more than a giant debt consolidation program for struggling homeowners? And if that’s all it is, is it even working at providing debt relief to the homeowners who need it? A growing number of critics, ranging from angry bloggers to politicians to consumer advocates, are criticizing […]

A debt consolidation loan can act as a financial lifesaver for consumers struggling to manage their revolving debt. Unfortunately, the debt consolidation industry does have its share of bad apples, companies that charge unreasonable fees to desperate consumers. It’s why the debt consolidation industry, along with payday lenders and debt settlement firms, has such a […]

There was a time when homeowners took out second mortgage loans for debt consolidation purposes. They’d take out the loans and then use the cash to pay down their high-interest credit card debt. This made financial sense: Second mortgages came with far lower interest rates. Borrowers were swapping expensive debt for cheaper debt. Today, though, […]