Category Archives: Uncategorized

It might not rank as the most surprising of news, but a growing number of consumers are worried that they may one day need to take out a debt consolidation loan. A new survey by the Associated Press and GfK reports that 46 percent of consumers are suffering from debt-related stress. Of this number, half […]

Are you worried that you might be heading toward debt consolidation? Do you dread opening your credit card statement each month? Do you wonder if you’ll be able to pay your mortgage this month? If so, you’re far from alone. A new Associated Press-GfK poll found that 46 percent of respondents said that they are […]

Demand for home mortgage loans appears to be falling; maybe that’s because a growing number of consumers today are more worried about debt consolidation than they are about buying a new home. After all, the national unemployment rate is showing few signs of falling. It’s hard for consumers to think about adding the burden of […]

In some cases, getting personal loans can make or break a small business. However, unsecured loans are among the hardest to get, especially for small businesses desperate for funds. Typically, a personal loan is based solely on a business’s credit score. If a new business has no credit history or worse, bad credit, then getting […]

Personal loans, home loans, and credit card debt, which one should you default on to protect yourself? Twenty years ago, home loans would have not even been in the picture. If anything, people chose to default on credit cards, keeping personal and home loans intact. These loans had more of a stigma to them and […]

Homeowners relying on mortgage loan modifications to avoid debt consolidation may be out of luck. At least that’s the news from a recent New York Times story that says that completed mortgage loan modifications through the federal government’s Home Affordable Modification Program have hit a standstill. Last year, the federal government introduced the mortgage modification […]

Wonder why the debt consolidation and settlement industries have such bad reputations? Maybe it’s because they seem to prey on desperate people during challenging economic times. This might be why the Better Business Bureau has reported receiving more than 3,500 complaints from consumers about debt settlement companies since the recession began. The large number of […]

With the end of the year approaching, this is a great time to consider whether or not you have the ability and desire to give to charity this year. There are more needy people this year than in normal years and most organizations that provide aid to the needy are reporting that donations are way […]

Investors over the last ten years have learned an important lesson about bubbles in different categories of investments-stay away! Bubbles can be thought of as a time of rising prices in a particular type of investment–think of technology stocks in the late 90’s or real estate just a few short years ago. A lot of […]

Gold prices are at record highs and if you watch any late night cable TV, you’ve probably seen the commercials encouraging people who own gold to cash in while prices are high. There’s nothing wrong with treating the gold you own as an investment and cashing in if you think the time is right, but […]