Posted in debt on Jan 8th, 2009
Today, Bloomderg mentioned something very interesting in his interview with CNN. He stated that the Social Security System is the biggest Ponzi scam ever. The correspondent that come one after he said this also agreed with his statement. He also stated this is were Madoff got his idea from in forming his business. Madoff studies [...]
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Posted in debt on Jan 8th, 2009
Listening to CNN yesturday and going to the National IRS site I found some very interesting information on how the IRS is trying to help individuals that owe taxes but just don’t have the means to pay those taxes back during this difficult economic time.
Referencing the article by Nina Olson: National Taxpayer Advocate Urges Tax [...]
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Posted in debt on Aug 8th, 2008
There are some widely held beliefs about debt, money management, and other personal finance topics that aren’t etched in stone as we’ve been lead to believe.
Could it be that these pseudo truisms have, in fact, been nothing but fiction all along? The financial stakes are way too high to be taking these bogus notions as [...]
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Posted in debt on Aug 8th, 2008
Many of us have 2-5 credit cards. When you have so many cards sometimes you only knew
your limit max out when you are about to use one of them. The cashier said “Sorry Sir/Madam your card has a problem the transaction cannot go through”.
You might have 20k-50K Credit Limit on your cards. Imagine the amount [...]
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Posted in debt on Aug 8th, 2008
First of all, there are going to be many that choose to stop reading this article right away because it disagrees with their basic instinct as to what debt is for. In fact, it may very well go against many of our own financial paradigms; that is to say, using debt as a tool to [...]
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Posted in debt on Aug 8th, 2008
Debt management/fixing credit is an important skill that many parents and schools neglect to teach. Having a bad credit score is one of the worst things you can have on your shoulders, particularly if you are trying to get a job, buying a car, or buying a home. Bad credit makes applying for new credit [...]
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Posted in debt on Aug 8th, 2008
More and more people are increasing falling under the debt problems. The reasons can be many and varied, but with one common goal i.e. to settle the problems of debts in a systematic and organized manner. Having debts often leaves a person in a confused state. For instance, the debtor may not know from where [...]
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Posted in debt on Aug 8th, 2008
If you’re one of those unfortunate individuals inundated by debt counseling commercials each time you sit down to watch TV, you are probably apt to believe the hype that these agencies are there to assist you with your credit problems and create a useful debt management program to help you achieve financial freedom. Sadly enough, [...]
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Posted in debt on Aug 8th, 2008
Are you struggling with your debts? Do you need to come up with some way to get debt management plans that work for you? You have options that include doing it yourself, hiring a service to help, using a not for profit service, or even going to your pastor or priest. These are all good [...]
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Posted in debt on Jun 13th, 2008
If you are unable to pay your mortgages on time or if you think that you are paying too much mortgage, then what are your options?
A mortgage refinance loan is any new loan incurred to pay off the original mortgage loan. Whenever there is low rate refinance advertisements, many home owners rush to these lenders [...]
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