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 [...]

Financial Headlines Helping Parents Teach Kids About Money

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You may feel like you’ve heard enough about the debt ceiling and the national debt crisis to last a lifetime, but for children it’s a great jumping off point to start financial education. According to a new CouponCabin.com survey, almost half of parents believe it’s important to teach their kids about being financially savvy. The [...]

Sixteen Percent Of Americans Carry Expensive Debt

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A new study found that those with credit card, payday loan or other high-cost consumer debt are more likely to have trouble saving. The study also found that about 16% of Americans have expensive payday, car title or pawnshop loans. The survey, conducted by America Saves and Experian, found that consumers with higher debt are [...]

Are Refund Anticipation Loans Headed For Extinction?

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Back in the day, Americans strapped for cash around the holidays could take out a Refund Anticipation Loan. That meant that they could spend the money they expected to get back from Uncle Sam long before tax season even arrived. But a new battle brewing between H&R Block and HSBC Bank [...]

Use Cash For A More Nutritious Grocery Store Visit

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Trying to eat healthier? You may want to try paying with cash instead of plastic. At least that’s what a new study published in the Journal of Consumer Research says. Why would this be? Overall, researchers say it’s harder to part with cold hard cash. That means we’re more conscious of what we buy when [...]

Social Media Sites Helping Debt Collectors

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There’s a new reason to keep your private life private. More than just your family and friends could be tracking your moves on social networking sites like Twitter, Facebook and Foursquare. According to a report by FOX Business, some debt collectors are checking social media sites to get information for collecting money.
The report says one [...]

Bankruptcy Doesn’t Stop Student Loans

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Filing bankruptcy won’t help those struggling with student loans. That includes James Reach who, according to the Chicago Sun-Times lost his house but can’t shake the education debt. A new bill co-sponsored by US Rep. Danny Davis could help those Americans like Reach. The Private Student Loan Bankruptcy Fairness Act of 2010 would make it [...]

New Study: 4 In 10 Worry About Debt

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A new study released by UK trade body R3 says four out of ten people admit to being worried about the amount of debt they currently have. Roughly 40% of UK consumers are concerned about the debt they’ve racked up with 13% saying they’re extremely or very worried. Of those surveyed, they say their main [...]

‘Til Debt Do Us Part: Breakups Caused By Money Problems

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Allison Brooke Eastman’s fiance was ready to walk down the aisle and commit to the wedding vows. Until he found out how much debt she had. Turned out when he was about to say “for richer and for poorer” he really had no idea just how poor. According to the New York Times, Eastman’s finance [...]

Journalist Reports On Debt Collection From The Inside

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Fred Williams is used to following leads and tracking down a good story. But in 2008 he put his journalism career on hold to try tracking down delinquent payments. According to a report from Walletpop.com, the journalist wanted to find out if the collection industry was as law-abiding and decent as it claimed to be. [...]