Are You Cancelling Christmas?

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As the downturn continues to bite, many people are cutting back on their Christmas spending or cancelling Christmas altogether- and many feel less than optimistic about the coming year too: A recent study by insolvency experts R3 found that of 2,005 British adults surveyed a third believed their financial situation would get worse over the [...]

How Can A Loan Help You Out Of Debt?

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Most of us do not want to find ourselves in a position where our debt is getting out of hand. Fortunately, there are a variety of loans on offer which you can use to consolidate your debt.
The biggest advantage of these loans is that you will only have one payment per month [...]

How To Minimise Future Debts

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If you’re looking to consolidate you existing debts, then there’s a good chance that you’ll be keen to minimise any other debts which you might encounter in future. Here are a few tips on managing your finances, and avoid large or numerous debts accumulating in future.
Firstly, it can be a good idea to work out [...]

Are Dads Getting The Recognition They Deserve?

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At present, members of Congress have raised the debt ceiling for the federal government a total of four times in the last two years. A fifth increase is likely to happen as soon as next month. The cause of this activity is due in large part to the record amount of borrowing the government has [...]

Citigroup Starts The ‘Foreclosure Alternatives’ Program

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Consumers trying to deal with the debt they cannot repay after losing jobs have been cast as the true victims of the collapse of the derivatives market. Even as the CEO of General Motors is awarded a $1.7 million contract to run a business that is majority owned by the federal government, many middle class [...]

Tax Preparers Promising Large Refunds

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Tax preparers that promise large refunds are to be approached warily. With tax season upon us, there is going to be a strong push by preparers from coast to coast to attract consumers needing their tax forms prepared. One of the tactics used is making promises that cannot be kept.

Tags: tax, tax preparation [...]

Consumers Lose Millions To Tax Refund Operations

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Many consumers expecting a refund are anxious to get it as soon as possible. That makes them vulnerable to promises of quick tax refunds. They may need the money to pay rent or make immediate debt payments. Often what happens is that consumers lose a large part of the refund to interest and fees.

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Tax Specialist Scams Are Still Scams

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The tax season is here and this is the time of year consumers can expect to hear terms like “tax settlement specialist”. According to the advertisements this is someone who can help you settle a tax debt for pennies on the dollar. If the image of a snake oil salesman comes to mind, you would [...]

Consumer Wages Squeezed By Inflation

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Consumers have been under attack economically for a year and a half due to the impact of the recession, and now a new front is forming. The US government recently issued a report that showed consumer wages are being outpaced by inflation.

Tags: College tuition, recession, inflation, consumer wages, salary [...]

Rapid Tax Refunds Can Turn Into High Interest Loans

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As soon as tax season approaches the advertisements for Rapid Tax Refunds appear. They sound so simple up front: Get assistance filing a tax return online for a fee and the company will even loan you the money up front equal to the estimated refund. What a deal! Or is it?

Tags: Taxation in the [...]