More and more people are finding themselves in financial situations with their income no longer adequate enough to pay their bad credit card bills and personal debts. You can find yourself accumulating high interest rates, late penalties, fines and fees with attempts to reduce your debt seem impossible. Creditors can pressure you as well a [...]
As a nation that likes a credit card or ten, it is a safe bet that many Britons choose to pay just the minimum repayment necessary each month, barely making a dent in the figure they owe. Granted, this approach will work for some, especially those who have fallen into the trap of building up [...]
The now famous economic guru of our time Joseph Stiglitz has proclaimed the world economy has not crashed. BUTTTTTTTTTTTTTTTT… Stiglitz has repeatedly stated that the US has failed to fix the underlying problems in the banking system. Stiglitz has stated the concept of banks ” Too big to fail” have only gotten bigger. Ironically other [...]
The average UK household can save over £27,000 throughout the course of a lifetime and decrease their carbon footprint by making small, everyday changes to the way energy is used in the home. Substantial savings can be made by taking simple actions and cutting fuel costs does not have to interfere with everyday life. Turning [...]
In the midst of a global economic recession, it should come as no surprise to anyone that personal bankruptcy filing is on the rise. In fact, bankruptcy filings are up by over a third from the same time last year. What to do? If you are considering filing for bankruptcy, you should always consult a [...]
Almost a year has passed since the meltdown of U.S. credit, and real estate markets. Congress and so called economic experts continue to debate the success of the stimulus package and our economic recovery as American consumers try to read tea leaves in hopes of finding a solution to their insurmountable debt. If your one [...]