View this video report by Dateline NBC showing very disturbing debt collection practices.  If you believe you have suffered from abusive debt collection, you should contact an experienced consumer attorney to discuss your situation.

The answer is maybe.
View this disturbing video report by Dateline NBC showing certain debt collectors and their companies.  The report discusses abusive debt collection practices.  It also shows debt collectors posing as attorneys in order to collect money.  Most shocking, the report indicates that some collectors Dateline encountered have serious criminal records!
If you believe you [...]

Has a cushion of credit been key to your financial survival?  In an interesting article entitled “3 Steps Back to the Sanity of Cash,” MP Dunleavey discusses 3 steps to your own personal bailout–making a transition from credit to cash or “real income living.”

Get out of the fog of credit by asking one tough question:  [...]

This interesting video article by MSN Money discusses reasons for debt problems and outlines a short plan of attack for facing your debt issues head on.  According to the article, a good start to confronting debt problems is to:

Write down your 5 biggest money problems.
Brainstorm possible solutions.
Choose a solution and implement it.

The article does not [...]

View this interesting interview of Harvard’s Elizabeth Warren on Dateline NBC where Ms. Warren explains how credit card companies make a large portion of their profit–even from cardholders who default on their agreements.

Our blog is currently refusing to embed certain videos.  Until this technical problem is resolved, please click here to view the video referenced in the title of this post.

Often, when consumers are sued for an outstanding debt, they contact the lawyer for the company (or the company) who sued them seeking to work out a payment plan.  If a payment plan agreement is reached, the consumer assumes that the pending lawsuit is no longer an issue.  That is not the case!

Rent-A-Center has been stepping their advertising campaign boasting “no credit checks” and “no credit needed.”  A recent television commercial suggests that using Rent-A-Center’s rent to own model is better in these tough economic times.  Don’t be fooled

It has been said that one in three people in the United States think that winning the lottery is the only way to become financially secure in life.  Counting on winning the lottery to solve debt problems is not a realistic proposition.  Consider this:
The odds of getting struck by lightning in your lifetime:  1 in [...]

As the global economy retracts, many Americans are struggling to manage the mounds of household debt accumulated earlier in the decade, during a flourishing expansion when it didn’t seem quite so imposing.  Those struggling with debt are the perfect target for a new growth industry — companies that claim they can magically “eliminate” or “reduce” [...]