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7
Sep

How To Pay Off Your Debt Quickly

Posted by Susan Mitchell (0) Comment

If you feel like you have too much credit card debt, but it has not spiraled to the point where it is a problem, we also have quick and simple advice on how to manage your own self-directed credit card pay-off strategy:

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Category : Debt Elimination | Debt Management | Blog
24
Aug

Assets Value Plummets But Debt Takes Longer To Pay Off

Posted by Susan Mitchell (0) Comment

IT’S one of the toughest lessons an investor has to learn: while the value of assets can plummet posthaste, it takes forever to shrink the debt that was used to buy them.

Last week, this harsh truth was made clear yet again, in a report on consumers’ financial well-being by the Federal Reserve Bank of New York. The first of a Fed series to be published quarterly on household debt and credit, the 38-page report shows just how tapped out the consumer remains three years after the borrowing bubble burst.
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Category : Debt Elimination | Economy News | Blog