Credit Counseling – Debt Management Plans and Consumer Psychology

Finding the Link between Consumer Attitude and Intent
When a consumer enters into credit counseling, a common element of any program is what’s called the debt management plan (or DMP). In a DMP, the consumer agrees to make a set monthly payment to their credit counseling agency. Those funds are in [...]

Credit counseling and a debt management plan can lead to greater peace of mind for consumers in a bind, but proper education is needed first. (Photo: picasaweb.google.com)

Get debt relief and save for the rainy day

Get Debt Relief
With the various debt solutions flooding the debt help industry, debt relief has become a financial option for every household. Although there are no shortcuts to a debt free life, getting debt relief has become easier and if you can exercise some willpower, it can be made simple [...]

Did you save for this rainy day (image by wikimedia)?

Debt Relief – When Should Governments Get Involved?

IMF Study Presents a Clear Blueprint (in Theory)
The global recession continues to batter our financial shores, and world governments are working non-stop to implement programs designed to restore the financial viability of borrowers and promote debt relief. There are numerous theories regarding just how government should go about assisting populations [...]

Feel like the government is rolling the dice when it comes to debt relief? Don't forget how much must be factored in! (Photo: flickr.com)

Foreclosed Homes for Sale at Foreclosure Auctions

Foreclosures up, home sales down
Despite the high number of foreclosed properties flooding the housing market right now, both banks and builders in some cases are finding it impossible to sell houses. Reuters reports: “U.S. lenders and builders are turning to professional auctioneers to help them unload the unwanted real estate [...]

Image from Flikr.

Standard Hotel in New York Will Ask Guests Not to Strip

What happens at The Standard…
There’s something altogether unsavory about including the phrases “Meatpacking District” and “exhibitionism” in the same sentence, but that’s life in the big city. In other words, that’s how they do things in New York – the Big Apple, the land of movie stars, potholes and scores [...]

Oh, the things you'll see (Photo: flickr.com)

Long-Term Thinking Saves You Money

Pay more than the minimum and watch payments decrease!
Whenever you purchase something on credit, whether it’s a product or service, we all find out about the magic of revolving credit. Whether it’s a mortgage, student loan, car payment or credit card payment, you’re paying two different things if you don’t [...]

(Photo: flickr.com)

When a Payday Loan Won’t Go the Distance

If you’re considering a debt-relief program. . .
Lots of people are struggling with money right now. Sometimes all it takes is a quick payday loan to clear a financial hurdle. But when you’re overwhelmed with debt, a short-term loan may only make matters worse. If you think [...]

What Should I Do? | Debt-Relief Options

When stress becomes turmoil
Feeling stressed about money? You are not alone. Most people have money worries of one kind or another. Sometimes an unexpected expense keeps you awake at night and all you need is a quick payday loan to tide you over. But when [...]

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