The Truth of Credit

Educating the Least “Sophisticated” Consumer


Posts Tagged ‘Debt Issues’

The Top 7 Signs your in Deep Debt

I know what you’re thinking, “Not another Top 10 list!”, but I hope this one will be a little eye opening. My experience in the credit industry has given me a heightened capability to recognize the people who are in DEEP debt. Some of these signs are obvious and some more subtle. The fact is [...]

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Debt After Leaving the Country

Want to know what the best way to avoid your debt?

For all the things that is wrong with the credit card industry this is the biggest loop hole in the system. I cannot tell you how many debtors that owe in access of over $100K in revolving debt that have left the country. There is [...]

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What is the Psychology of Debt

When you read headlines such as, “Consumers increase borrowing in June”, do you feel guilt because you are included in that statement or do you judge those who spend so irresponsibly? The headline highlights thousands of people who have given up trying to save and are falling even further into debt as they use their [...]

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Credit Card Exorcism

Yes, folks just when you thought you had seen it all something always seems to stretch you mind once again.  This time it’s Rev. Billy here who seems a “a few cards short of a deck” of you catch my drift. However, obviously someone believes in this guy or he wouldn’t be on radio. I [...]

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Turning Up the Heat!

There is no doubt in these tough economic times that the collection industry will use all the technology at their disposal to help churn out the dollars. Everything from automated messages to computerized dialing they will start to “bring it” early and often. For the consumer this is nothing new, but the frequency is going [...]

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