Debt Consolidation, Help and Relief

DebtFreeLeague.com Unveils Its National Debt Relief Stimulus Plan

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  • Posted 05/28/09. by admin

Since the latest economic recession began in December of 2007, the US economy has shown job losses numbering approximately 5.7 million. The result of this staggering depletion in the employment markets was only worsened when combined with the estimated $2.3 trillion in consumer debt. More Americans are enduring serious financial setback and defaults [...]

Reductions In US Consumer Debt

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  • Posted 05/26/09. by admin

In March, the levels of overall consumer debt in the United States had shrank for the second straight month. The proposed reason is that greater numbers of Americans are simply reducing their expenses on their own or were forced to by their lenders and creditors.

Tags: consumer debt

MGM Studios Looks At Debt Refinancing For Its $3.7 Billion Ln Debt

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  • Posted 05/22/09. by admin

According recent insider reports, the big name Hollywood studio Metro-Goldwyn-Mayer or MGM has sought out the services of investment bank Moelis & Co to help it refinance a debt amount of $3.7 billion. The debt is currently held by approximately 140 separate creditors.

Tags: company debt, MGM Studios

The Siren’s Song Of Credit Card Debt

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  • Posted 05/20/09. by admin

Over and over again, we keep hearing about credit card debt. You’d think, by now, since we’re assailed from all sides with warnings and stories of those who have had their financial lives ruined by irresponsible credit card use, that we’d have learned our lesson, and credit card abuse would be a thing of the [...]

Remarks On National Debt Day

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  • Posted 05/17/09. by admin

Having reached the so-called “Debt Day” on April 26, the federal government is officially out of money. It’s not surprising when you consider the most recent expenditures pushed through the Congress to strengthen the weakened economy. With a $787-billikon stimulus package and almost $3.6-trillion for the new budget, you start to get an [...]

The Economic Dangers Of Current U.S Credit Card Debt

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  • Posted 05/14/09. by admin

Despite warnings that the country’s almost $1 trillion in personal credit card debt has the potential to escalate into a severe economic crisis, the Obama Administration and Congress are intent at establishing a “bill of rights” for credit cardholders.

Tags: credit card debt, Credit Cardholders Bill of Rights, US debt, Center for [...]

Sallie Mae Study About Rising Student Credit Card Debt

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  • Posted 05/11/09. by admin

A recent study conducted by student loan giant, Sallie Mae, concluded that a large percentage of college students have accumulated an obscene amount of credit card debt in order to pay for college credit hours. The study included approximately 1,200 college undergraduates across the country with ages ranging from 18-24.

Tags: credit [...]

Latest Estimates On Performance Of U.S. Debt Issuers

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  • Posted 05/9/09. by admin

Ratings agency, Standard & Poor, has released its latest estimate on the performance of global debt issuers. Based on its rating system, the agency has stated that those issuers will a B- or lower with a negative ratings outlook or being monitored for a downgrade has been on the increase.

Tags: Standard [...]

Educating The Young On Personal Finance

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  • Posted 05/8/09. by admin

With the country in the midst of a deep recession, many Americans are turning their attention back to the matter of personal finance. With all of the factors that have been linked to the current economic crisis, one has received renewed criticism by financial experts for its role. At present, the average savings [...]

Fighting Debt In A Slow Economy

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  • Posted 05/4/09. by admin

There’s certainly no denying the fact that the economy has entered a state of recession. However, there’s a positive side to this.

Tags: fight debt