Federal Reserve Officer Voices Opinions About Treasury Debt Purchases

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In a recent statement, President of the Federal Reserve Bank of Atlanta Dennis Lockhart said that the performance of the economy would determine how future use of Treasury buying programs would proceed.

Tags: federal reserve, federal, treasury debt purchases

The Right Mindset To Get Out Of Debt

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Getting out of debt is not something you do all in one grand gesture. If it were then people would be doing it all the time. The truth is that getting out of debt is often a long process that requires time and commitment. You may have to change your life and [...]

Obama Administration Stimulus Plan Slow On Results For Economy

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With all of the talk about the efficacy of the enormous, $787 billion stimulus package, the more important question has escaped public focus. The broader question, raised by many economists, is whether any fiscal measure applied will actually drag the U.S. economy out of the current recession.

Tags: stimulus plan, tax relief, [...]

Kellwood Grants Extension On Debt Exchange

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In recent news, Kellwood Co. announced that it was unable to renegotiate and extend its bond issue that matured Wednesday.  As a result, the company’s board extended the deadline for acceptance of a proposed debt exchange until midnight Friday, July 17th.

Tags: kellwood, debt exchange

Is Paying Off Your Credit Card Debt Important In This Economy?

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Paying off credit card debt is always important. It can improve your financial standing and lead you too that desirable debt-free life everyone wants. Times, however, have changed.

Tags: personal debt, credit card debt, debt

Concrete Steps To Say Goodbye To Debt

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Saying goodbye to debt is something that anyone who has debt would like to be able to do. Unfortunately, the mere thought of one’s debt can make cleaning the house or going out to buy milk seem more important. People just do not want to face their debt. This is what perpetuates [...]

Hanging Up On Debt Collectors

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If you’re in any kind of significant debt at all, you’ve no doubt had this experience one too many times already. You’re sitting down to eat dinner with your family, or else just trying to relax after a stressful day at work when, out of nowhere, the phone rings. You pick it up, and instead [...]

New Legislation Could Alleviate Student Debt

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For many college students just trying to free from credit card debt is a difficult task, yet there is a new piece of legislation that may help alleviate this serious issue.

Tags: student credit card debt, president obama, student debt

Debt Relief Tips

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If there’s one advantage to be had from the fact that Western civilization is currently undergoing one of the most significant financial disasters in the history of time itself, it may be that there’s an all new deluge of information regarding debt and debt management coming to light.

Tags: get out of debt, [...]

Managing Household Credit Card Debt

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As part of a concerted effort to maintain the levels of credit card debt, many consumers have been trying to pay off their bills and slow down on unnecessary spending and the buying of luxury items.

Tags: household debt, debt management, credit card debt

E*Trade Starts Debt-Exchange Offer

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In a new report, E*Trade Financial Corp offered to exchange more than $1 billion debt in an effort to stabilize itself due to insufficient capital. This move may signal further debt exchanges in the online brokerage group’s immediate future.

Tags: E*Trade Financial Corp, debt exchange, etrade

Getting Out Of Debt Is A Long Term Commitment

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Much of the attention in our society is on repairing damage of one sort of another. Maybe it’s losing weight, stopping smoking, getting into shape, or even getting out of debt. Whatever the case, the sad fact is that most initiatives of this sort just simply don’t work out the way they’re supposed to.

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Debt Collectors Find New Profits

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Even though defaulted consumer debt is much harder to recover during a recession, there are some debt collectors that have found some news ways to draw more revenue from bad debt and increase the value of their shares.

Tags: debt consolidation, debt collectors

Obama Worrying About Debt And Rising Unemployment

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President Obama has made it no secret that he has concerns about the rising unemployment rates and the state of the economy. His worries about government finances and the need to address rising deficits were things that kept him up at night.

Tags: president obama, unemployment, debt problems

Creeping Debt – How To Cope With It Via Debt Consolidation

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If, like many people, you’re currently in debt and trying to rebuild your financial security, you no doubt remember “the day“. The day you first looked around you and really took notice of just how much debt you had really accrued and what bad of shape you were in; the day you decided a change [...]