Debt Consolidation, Help and Relief

Student Loan Debt Surpasses Credit Card Debt

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  • Posted 09/10/10. by alison

It may seem like Americans are carrying a lot of credit card debt, but according to new information, it’s student loan debt that is a bigger burden. According to USA Today, outstanding student loan debt is sitting at $850 billion. That number comes from Mark Kantrowitz of FinAid.org and FastWeb.com. However, consumers owe about $828 [...]

The Top Five Causes For Bankruptcy

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  • Posted 03/20/10. by alison

Although bankruptcy can be caused by frivolous spending and lavish lifestyles, that’s not always the main reason why it occurs. According to the San Fransisco Chronicle, there are five main life events and changes that can make you much more likely to file bankruptcy.
1. Medical Expenses
A Harvard University study says this is the biggest cause [...]