I think at least once in every person’s life (except those lucky few that are financially endowed enough to avoid debt all together), they have to struggle with debt. For some, that means cutting back on their normal expenditures to make their monthly payments. For others in more financial hardship, it may mean finding another [...]
It is estimated that more than 3 million homes will be foreclosed through 2009. This is worse than what happened during the Great Depression. The reasons for this are many. The simplest reason being homeowners allowing themselves to get into mortgages they couldn’t afford. To be fair the economic landscape in the US has been [...]
The emergence on consumer credit counseling over the past few decades is mainly due to the increasing number of Americans who continue to charge their way into unmanageable debt. This is not to say that there aren’t some families and individuals who have ended up in debt due to no fault of their own – [...]
