Last April 2010, we wrote about the steady reduction in credit card debt by the American Consumer. The trend continues. According to the Federal Reserve, Fourth Quarter 2009 credit card consumer debt was at $894.0 billion; fourth quarter 2010 credit card debt was $826.7 and Feb 2011 numbers stand at $792.1 billion. So what’s causing [...]
Entries Tagged as 'debt consolidation'
Consumer Debt Still on the Decline
April 29th, 2011 · No Comments · Consumer Debt
Tags: Consumer Debt·Credit card debt·damaged credit·debt consolidation·Debt Settlement·Federal Reserve·New Credit
FTC Lawsuits Remind to Be Leery of Debt Consolidation Companies
December 6th, 2010 · No Comments · Debt Consolidation
In yet another reminder to be leery of debt consolidation companies, the Federal Trade Commission (FTC) has filed suit against three such firms in Dallas, Texas.
Tags: debt consolidation·debt consolidation companies·Debt Consultants of America·debt negotiation·debt negotiation companies·Debt Professional of America·Debt Settlement·Federal Trade Commission·Financial Freedom Processing·FTC
How Can I Consolidate my Debt without Paying Fees?
July 21st, 2009 · No Comments · Debt Consolidation, Debt Settlement
Hmmm….another one of these “How do I diet without dieting?” questions. All sarcasm aside, this request for information is fairly common, so I thought give my thoughts on the matter. Q. How Can I Consolidate my Debt without Paying Fees? A. I assume when you say “consolidate”, you mean that you want to take out [...]
Tags: CCCS·Consumer Credit Cousneling Service·credit·Credit Cards·debt consolidation·Debt Settlement·do-it-yourself·equity·FTC·professional debt consolidation service·Seond mortgage
