Archive for December, 2009

President’s New Federal Grant Money Program Can Help Americans Out Of Debt Now

Many of us have been guilty of over use of our credit cards at some point in our lives. Even newly wed couples find themselves in a financial crunch at times, especially starting out their new life together. They find the wedding shower, although generous, did not give them all they need to start their [...]

Credit Card Charge Offs Increase in November

Moody’s Investor Services reports that the rate of consumer credit card debt charged off by lenders rose from 10% in October to 10.6% in November. Moody’s expects charge-offs to increase during the winter months and to peak at 12 to 13 percent in mid 2010.  As credit card issuers deal with charge-offs, which are debts [...]

Debt and Money Management

Debt is an issue many Americans are struggling with. Due to the recent financial crisis a lot of people are frustrated and don’t know what to do.  The truth is saving money has never changed.  It’s simply a matter of managing your money effectively. It doesn’t matter what the market does, those that stay out [...]

Indebted graduates struggle to find work

According to figures obtained by the Liberal Democrats, unemployment in the recession is rising fastest among 18-24-year-olds who have degrees, the Guardian reports. The data shows that in the three-month period running up to September, one in five 18-24-year-olds who were unemployed had a degree. Full Post…