Latest Debt Relief News

Want to learn even more about debt relief, credit counseling, and debt consolidation? Take a look at the articles below for the latest news in the debt management industry. Please note that when you click the links below, you'll be visiting an external site.

Consumers Feel the Next Crisis: It’s Credit Cards

New York Times   October 28, 2008
First came the mortgage crisis. Now comes the credit card crisis. After years of flooding Americans with credit card offers and sky-high credit lines, lenders are sharply curtailing both, just as an eroding economy squeezes consumers... Read More.

AmEx Rates Credit Risk By Where You Live, Shop

msnbc.com   October 7, 2008
Credit-card firm confirms members' mortgage lenders also may be a factor... Read More.

Credit Card Rates That Jump Overnight

Yahoo.com   September 5, 2008
While you might have so far avoided any direct effect from the storm clouds in the economy, they're causing the credit-card industry to change in ways that could hurt all consumers. Whether you have good credit or bad, Consumer Reports' analysis reveals that now is an essential time to do a credit-card checkup to make sure your accounts haven't changed for the worse... Read More.

5 Steps to Building an Emergency Fund

CNNMoney.com   August 7, 2008
The Heinekes may be good savers, but like most Americans, they need to put more cash into a rainy-day fund... Read More.

Senate Passes Landmark Housing Bill

CNNMoney.com   July 26, 2008
Controversial measure aims to help borrowers, bolster the housing market and provide a fail-safe for Fannie and Freddie. Bush is likely to sign it soon... Read More.

Five Signs that You're Living Beyond Your Means

Yahoo.com   July 14, 2008
If you are concerned that your finances could be in danger, there is a way to tell whether you're in over your head... Read More.

'Short-term' loans are a long-term headache

msnbc.com   May 29, 2008
'They prey on the most desperate working people in our society'... Read More.

Your Credit Card Personality: The Diva/Big Spender

CreditCards.com   May 2, 2008
You work hard. You play hard. You like the best of everything. After a tough day at work, you'll tell yourself you deserve a treat, whether it's a new pair of shoes or the latest gadget on the shelf. Many of your purchases are impulse buys. Occasionally, this gets you into trouble when your purchases extend beyond your financial means... Read More.

Bankruptcy Filings Jumped 38 Percent Last Year

msnbc.com   April 15, 2008
WASHINGTON - Bankruptcy filings jumped 38 percent last year compared with 2006, as many consumers struggled with higher mortgage payments and other debt loads... Read More.

Even at Megastores, Hagglers Find No Price Is Set in Stone

The New York Times   March 23, 2008
Shoppers are discovering an upside to the down economy. They are getting price breaks by reviving an age-old retail strategy: haggling... Read More.

Credit Scores 101: What they Are -- and Aren't

MSNBC   March 14, 2008
If American consumers feel like they are back in school again, angling for a few more points and good grade, that’s no accident. The aggressive marketing of three-digit credit scores has practically turned a high figure into a status symbol – but it’s so much more than that... Read More.

Rogue debt collectors -- how to fight them

CNN   February 29, 2008
If you've faced a financial catastrophe -- an illness or job layoff -- and you've fallen behind on some bills, you're well aware that debt collectors are eager to collect those payments... Read More.

First the jingle bells, then debt-stress calls ONLINE ASSISTANCE TIPS FROM THE PROS

The Free-Lance-Star   January 10, 2008
Just as many people associate the ringing of sleigh bells with December, credit counselors have traditionally linked January with a surge in ringing phones... Read More.

Tips for Avoiding Foreclosure

USA.gov   January 2, 2008
Are you having trouble keeping up with your mortgage payments? Have you received a notice from your lender asking you to contact them?... Read More.

You Get No Credit for Overspending

Boston Herald   November 26, 2007
Rising gas prices, falling home equity and pressure to shower family and friends with gifts could add up to big holiday debts for shoppers this season... Read More.

The Consumer Crunch

BusinessWeek   November 26, 2007
Recession or not, American families will be forced to tighten their belts... Read More.

Prisoners of Debt

BusinessWeek   November 12, 2007
In a financial version of Night of the Living Dead, debts forgiven by bankruptcy courts are springing back to life to haunt consumers ... Read More.

Collection Agency's Threats Deemed Illegal

Los Angeles Times   November 11, 2007
The Texas firm's case is a lesson in how far a company can go to force payment of a bill ... Read More.

Smart Credit Moves Can Improve Financial Health

American Chronicle   November 5, 2007
With the news so full of stories lately about how so many people have damaged their finances and their lives with credit card debt and other types of financing ... Read More.

Countering Credit-Card Pushers

businessweek.com   October 11, 2007
A Ford Foundation-funded guerrilla marketing campaign on campuses is out to help students become savvy credit consumers ... Read More.

Debt Management Company Watch Outs

About.com   September 22, 2007
Choosing a debt management solution isn't a decision that can or should be made with ease. There are companies that promise they can relieve your debts if you send them money, but just how trustworthy are these companies?... Read More.

Consuming Fire: Debt Slowly Killing The Big Spenders

New York Post   September 16, 2007
Consumer spending - the jet fuel that supplies 70 percent of the economic activity in this country - is in danger of being choked off, the result of mounting credit card debt and falling house prices... Read More.

Tips for Avoiding Foreclosure

foreclosuresdaily.com   July 25, 2007
Don't ignore the problem. The farther behind the borrower falls, the harder it will be to reinstate the loan and the more likely that the house will be lost... Read More.

In Over Your Head? Ask Your Body

The Washington Post   July 24, 2007
Persistent Stress Caused by Financial Worries Can Lead to Physical and Mental Problems Such as Hypertension and Eating Disorders, Say Experts... Read More.

When Two Become One Become One: Living on one income is more doable than you think! Here's how.

ChristianityToday.com   June 1, 2007
Georgia and Thomas Gentry of Des Moines, Iowa, were tired of their consumer debt. After eight years of escalating debt, they threw up their hands. 'It seems as if the more we pay down, the more we charge. We don't want to work just to pay our credit card bills!'... Read More.

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