Debt Reduction Law Firms The Truth Exposed

July 14, 2012 By

Video originally posted at Debt settlement law firm

The truth is finally out about companies who claim to be a law firm and offer debt relief services to people desperate for help. On Monday July 9th the Illinois Attorney General along with the Illinois Department of Financial and Professional Regulation announced its settlement with Legal Helpers Debt Resolution LLC. According to the suit brought against the law firm by Lisa Madigan, which was filed in March 2011, the law firm unlawfully charged its clients upfront fees to provide debt settlement services with promises to rid them of their debt. [Read more...]

Filed Under: Debt

Video About Debt Reduction Services

June 25, 2012 By

Editors note: Entertaining but yet educational video about debt reduction programs. It may seem strange at first but the cartoon man definitely makes you understand where he is going with it and you will know more about debt reduction after watching it. [Read more...]

Filed Under: Debt

Consumers Paying Credit Card Debt Instead of Mortgages

April 23, 2012 By


Consumers Paying Credit Card Debt Instead of Mortgages (via Credit.com)

The latest Credit Risk Index from the credit monitoring bureau TransUnion recently found that consumer credit risk rose at the end of last year for the first time since 2009, and a major driving factor in that uptick was delinquency on mortgage payments, according to a report from Your Money Matters…

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Filed Under: Credit

Creditinfocenter Releases Android Credit Repair App

April 18, 2012 By


Creditinfocenter Releases Android Credit Repair App (via PR Newswire)

PHOENIX, April 18, 2012  /PRNewswire/ — Credit Info Center, the leader in online personal finance self-help information, announces the release of a free credit repair Android app. The app allows users to browse through the process of credit repair, divided into 4 easy-to-understand steps. The new…

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Filed Under: Credit

Lenders See Dollar Signs in Your Data

April 9, 2012 By


Lenders See Dollar Signs in Your Data (via Credit.com)

In the past, lenders have seen a considerable amount of value in convincing consumers to take on credit card debt and carry it from one month to the next. But now, as borrowers shift their habits, lenders are looking for new ways to find value in those accounts. One way in which one of the nation’…

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Filed Under: Debt Relief News

Portuguese banks borrow record amount from ECB

April 9, 2012 By


Portuguese banks borrow record amount from ECB (via AFP)

Banks in bailed-out Portugal borrowed a record amount from the European Central Bank in March, against a backdrop of rising debt in a sharply slowing economy, official data showed on Monday. The banks’ ECB borrowings jumped to 56.3 billion euros ($73 billion) last month from 47.5 billion euros at end…

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Filed Under: Financial News