Unsecured Debt Settlement Law Firms The Truth Exposed

Video originally posted at Get out of debt video

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...]

Video About Debt Relief Services

Editors note: Entertaining but yet informative video about debt reduction programs. It may seem off setting 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...]

Consumers Paying Credit Card Debt Instead of Mortgages



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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Creditinfocenter Releases Android Credit Repair App



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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7 Cheap Ways to Relieve Stress



7 Cheap Ways to Relieve Stress (via Money Talks)

By Brandon Ballenger | Feb 09, 2012 “Just over one minute of popping Bubble Wrap provides stress relief equivalent to a 33-minute massage,” it says. And who had the idea to do this fascinating research? Shocker: Sealed Air Corporation, the company that owns the Bubble Wrap brand! Yes, the folks…

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Ask Stacy: Should I Pay for Credit Monitoring?



Ask Stacy: Should I Pay for Credit Monitoring? (via Money Talks)

By Stacy Johnson | Mar 20, 2012 I have become quite a fan of Money Talks News. Because of your advice, I was able to permanently rid myself of a collection agency trying to collect a 19-year-old credit card balance from a company I had NEVER done ANY business with. (Gone 2 years…Thank you!!) I followed…

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5 Dumb Moves Homebuyers Make



5 Dumb Moves Homebuyers Make (via Money Talks)

By Brandon Ballenger | Mar 30, 2012 If you want a new home and can afford it, now is an exciting time to buy. According to the National Association of Home Builders, prices nationwide are the most affordable they’ve been in decades. Interest rates are low. And there shouldn’t be a supply problem…

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Court Halts Alleged Fake Debt Collector Calls from India, Grants FTC Request to Stop Defendants Who Posed as Law Enforcers



Court Halts Alleged Fake Debt Collector Calls from India, Grants FTC Request to Stop Defendants Who Posed as Law Enforcers (via PR Newswire)

California-based Defendant Ran Phantom Debt Collection Scheme from His Home, FTC Alleges WASHINGTON, April 11, 2012 /PRNewswire-USNewswire/ — In response to charges from the Federal Trade Commission, a U.S. district court has halted an operation that the agency alleges collected phantom payday loan…

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The Fresh Start Program Can Help Canadian Consumers Deep in Debt



The Fresh Start Program Can Help Canadian Consumers Deep in Debt (via PR Newswire)

TORONTO, April 11, 2012 /PRNewswire/ — Amid news of Canadian households continuing to pile up household debt at record levels, Maple Leaf Debt Helpers has launched their new Fresh Start Program designed to help consumers reduce their unsecured debt by 40 to 60% without filing bankruptcy. The Fresh…

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Banks urge full sign-up to Greek debt deal



Banks urge full sign-up to Greek debt deal (via AFP)

The global banking group that negotiated Greece’s massive debt writedown called on holdout creditors to sign on to the deal Tuesday, saying it would help Athens restore its financial viability. The Institute of International Finance, which negotiated the pact for private investors to write off more…

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