Straight Talk by Charles Phelan on Debt Settlement & Other Debt Reduction Strategies
The Buffalo News has run two articles highly critical of the local debt collection industry. The first article, “Merchants of Debt,” focuses on the large collection industry presence in the area. Many of the complaints made by consumers about collectors are against firms located in Buffalo, which is a major hub of the collection industry. (Click to continue reading this post…)
A new national survey was released today showing that Americans are more worried about not being able to pay their bills than they are about terrorist attacks. The survey was co-sponsored by the Center for American Progress, a non-partisan think tank. “Debt in top spot on the worry list” is the title of one article (Click to continue reading this post…)
MP Dunleavy, columnist for MSN Money, just published an article that ZipDebt readers may find of interest. The article is titled, “Losing at Balance-Transfer Roulette,” and it tells the story of two 25-year olds struggling with credit card debt. Both of the women whose stories are told in the article played the balance- (Click to continue reading this post…)
When Congress passed the bankruptcy reform bill last year, they included Section 1229, which asked the Federal Reserve Board to conduct a study to determine whether the “indiscriminate” extension of credit to consumers had contributed to the increase in bankruptcy filings. (Click to continue reading this post…)
