The Rate To Beat The Credit Card Act of 2009
Credit card rate hikes; it’s everywhere you look. Credit card companies are raising credit card interest rates like you would not believe, unless you are a victim of this latest trend. It’s a trend that’s hurting consumers who are already struggling with debt and unemployment, while the credit card companies CEO’s are “struggling” to keep their million dollar incomes.   The Credit Card Act of 2009 that was signed few months back by President Obama wasn’t supposed to go into effect until 2010, but with the amazing rate at which credit card companies are raising rates to beat the imposing Act, congress is deciding whether to enforce the new rules immediate

Farmers, Ranchers, and Credit Card Debt
The plight that farmers and ranchers in our country face is a devastating one, especially during a recession. Hard work and family land just doesn’t pay off like it used to, and farmers are plummeting into debt. While congress argues over health reform and the ‘economy turning around,’ our farmers and ranchers are delving deeper into debt.   According to HealthReform.gov, which has recently taken on the issue of rural America’s healthcare disparities, one in five hard-working farmers, ranchers, and rural Americans have medical debt that they cannot afford to pay-off. The problem with that statement is that

Money Saving Tips For The Holidays
It’s that time of year again. It’s the time of year when you eat too much and spend more money than you have, and dipping into that credit card becomes all the more tempting. Of course we all want to get our friends and relatives the perfect gift to show them how much we care, but using the credit card should not be an option, especially if you’re already in debt or are recovering from financial strain. As a consumer focused site, we like to help you out with some money saving tips for the holidays to keep you away from using those credit cards. This is the time of t

Debt, Bankruptcy, and the “Emergency” Credit Card
Bankruptcy and medical bills; you could say the two terms literally go hand in hand these days. It’s amazing when you take a moment to stop and really look at the numbers. Take into account that we are heading for a record-breaking bankruptcy year, it’s extremely difficult to ignore the fact that “something’s gotta give.”   According to CreditCards.com, we are on a fast track to filing 1.4 million bankruptcies this year. We’re already at over 1.07 million, and the number is climbing very fast. Wrap this number around your head; 6,000 bankruptcies are be

Who’s Profiting During A Recession? The Debt Industry – Kindof
Read an interesting article today about the greedy, fraudulent companies out there just preying on the middle-class. It was a great article, until it got to the parts about debt settlement companies. Even though it is a topic discussed again and again, it never seems to settle. Once again, there are thousands of fraudulent debt settlement companies out there. We hear about them every single day, and how consumers paid hundreds and thousands of dollars in monthly fees while the debt settlement companies would literally sit on the money and not work to get them out of debt. But, and I say it again, not all debt settlement companies