Quick Ways for Couples to Get Out of Debt

When you marry someone, it is a serious decision which you are making because you are not just declaring your love for this person, but accepting all of the baggage that comes with them. That baggage can arrive in the form of secret debt, or hidden spending habits that might affect your finances in the […]

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American Debt Delinquicies Falling

In more positive news for the United States economy, debt delinquencies fell in the fourth quarter, showing that consumers are better managing their debts and dealing with their mortgages. The news comes from a study done by the American Bankers Association that was highlighted in a recent press release. Delinquencies were down on all home […]

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United States Household Debt Changes Composition

Morgan Stanley recently released some new data about household debt in the United States and there are some interesting changes. Prior to the global financial crisis, households in the United States continued to take on a lot of debt and mortgage debt was the major contributor. As soon as the global financial crisis hit and […]

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College Debt Weighs Heavier on Women

An interesting article for NPR has recently highlighted the disparity in dealing with college debt for women compared to men. Because of the wage gap between men and women in the work force, more women are finding themselves struggling with college debt after they graduate. Some students finish college with between $30’000-100’000 of college debt, […]

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Common Debt Myths!

Most people have debt of some kind but many of us don’t understand how to manage it effectively and how to save money when it comes to debt. Unfortunately there are a number of common misconceptions or “debt myths” that have sprung up over the years, and those myths contribute to some people running into […]

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Updates for Debt Collection Laws

For many consumers, being in debt is a shameful experience. They are hesitant to tell friends and family because they think it’s a sign they aren’t managing their life well or aren’t in a successful position. To make matters worse, once a person is in a substantial amount of debt that cannot service, debt collectors […]

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Pay off Your Mortgage Faster!

If you have purchased a property or are considering doing so, you probably appreciate the massive chunk of debt involved. It’s usually the most debt a person will get into in their lifetime and usually spans two or more decades. While it is most definitely in your best interest to pay off your mortgage efficiently […]

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A Credit Card That Helps Manage Debt?

The idea sounds a bit silly at first – a credit card that helps people manage their debts and pay them off without defaulting. Because credit card companies tend to encourage people to spend. Quite simply the more people spend they more credit card companies will profit. However one new non-profit company has created a […]

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Small Stuff Matters – Debt Repayment Tips

Sometimes dealing with a large debt burden feels like a mammoth task, something so daunting that it’s hard to know how to approach. That feeling of hopelessness and confusion is one of the worst parts about being in debt. Luckily with a few simple concepts, you can begin to attack your debt burden and really […]

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Student Debt May Hurt Housing Sector

The amount of debt that college graduates are lumped with has been a growing concern in recent years. Many students come out of college with between $30’000-$100’000 in debt, and are looking to secure employment quickly to pay those debts down. One unexpected outcome of this massive amount of college debt being held by some […]

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