Author Archives: loansandcredit

Consumers often make the mistake of lumping debt settlement and debt consolidation services together. In reality, though, debt settlement and consolidation are two extremely different financial tools. And consumers should know that they each come with their own potential pitfalls and rewards. Debt Settlement The purpose of working with a debt settlement company is, not […]

All Infographics – Loudoun County, Va. Population: 277,433 Median Household Income: $110,643.00 Percent of Residents 25 or Older with Bachelor’s Degree or Higher: 58 Fairfax County, Va. Population: . . .

All Infographics – This map depicts 16 of world’s largest stock exchanges. World Stock Exchanges Of the approximately 100 major exchanges located throughout the world, . . . All Infographics – The American Time Use Survey collects information about the activities people do during the day and how much time they . . . All […]

A debt consolidation is not something the common consumer takes on without at least doing some research or seeking the advice of a professional. When you find yourself in need of consolidating outstanding bills such as credit cards, medical bills, and student loan, rather than ignore the problem, you’re ready to take it head on […]

Beginning August 20th, there are new rules taking effect that will have some big implications for credit card issuers and credit card holders. The Credit Accountability, Responsibility, and Disclosure act is a series of new rules put in place to protect consumers from abusive practices on the part of credit card companies. The legislation comes […]

Personal loans are getting harder and harder to obtain. Even if a borrower wants to try for a secured personal loan, using their home as collateral, they often find they have negative equity, making it impossible to obtain a personal line of credit. In desperation, many borrowers are turning to friends and relatives to obtain […]

Last week, the Wall Street Journal announced that one of the leaders in online financing formed a business partnership with one of the major players in identity theft protection. This definitely demonstrates to potential customers that this online lender is serious about the safety of personal financial information when customers apply for a loan with […]

Consumers who don’t rely on debt consolidation or other options to reduce their debt may increasingly find themselves on the receiving end of lawsuits. And it’s all thanks to technology. The New York Times recently reported on the growing number of law firms across the country that rely on computer software to prepare legal cases […]

Consumers who owe a significant amount of money on their credit cards may think about taking steps to consolidate debt rather than face the calls of a collection agency. At least that seems to be the consensus of officials with the Federal Trade Commission. The Wall Street Journal recently reported that the commission is requesting […]

There are more signs that consumers have learned their lessons and have taken steps toward debt reduction following the Great Recession. According to a new survey by American Express, a majority of U.S. consumers have not added to their debt levels in the last six months. This is good news: It means that consumers have […]