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If you are afraid to answer you phone because debt collectors are chasing you, if you are behind in all debts and can not catch up, if you have been declined debt consolidation assistance through your bank there are some alternatives. Most people who struggle with their debts find that in the process they acquire [...]
U.S. credit card debt has dropped sharply around the country as consumers make a greater effort to spend cautiously and pay off balances, according to a new report from Equifax. In fact, the credit reporting agency found that the biggest declines were seen in areas hardest hit by the recession. Credit Card Debt Falls by [...]
In previous years it was more difficult for consumers to find debt relief assistance. Since more and more people are attempting to get debts under control there is a larger demand for individuals who work in the debt settlement field. Due to the increased demand, more companies are breaking into the field to gain clients, [...]
EVERY Victorian has responsibility for the huge state government debt, translating to about $10,000 per person. State Government Debt has rocketed by $4.4 billion over the past year, and now totals $56 billion. Auditor-General Des Pearson has warned the states ability to service that debt is diminishing. The Auditor-Generals report tabled in State Parliament yesterday, [...]
GENERATION X, being people aged between 30 and 50 are struggling with debts more than any other sector of the Australian population. In fact experts are believe that these people can well be renamed to Generation Debt. A new survey for bank RaboDirect found approximately 40 per cent of Gen X say their financial situation [...]