The Truth of Credit

As I listen to the Dave Ramseys of the world, I cringe when I hear his catch phrase, “Save today, so you can live like no other tomorrow” or something to that effect. On New Year’s, I learned that a young man I had met in passing two nights before had died in a freak [...]

Obviously, being overwhelmed with debt is a terrible situation but have you ever thought of the effects it has on others? We all know the effects it has on your ego and self confidence. Do you realize what the effects bad debt has on your wife, children and even your friends?Bad debt can effect [...]

Many of you have viewed your credit report from freecreditreport.com or annualcreditreport.com but as I have posted before not all credit reports are created equal. In short, the credit report you pull from these popular sites is not always the same as the one the banks will pull to check your credit. Today, I want to [...]

Granted, I’m a little to sensitive to the title of this post but I guess you would think that way if a debt collector railroaded you. Have you ever stopped to think of the people that are in deep debt? Being a conscious optimist I tend to believe that most are good people and want to do [...]

It’s hard to understand why people are so determined to do absolutely nothing about their debts. No matter how many letters or phone calls are received they are determined they can ride the wave and get through it. There are some that do. Some people are able to hold out for the statue of limitations to run [...]