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"Debt" is one of the most frightening words in the English language, conjuring up visions of peonage, deprivation, and prison. Caricatures of debt collectors, such as the mafia shark who breaks the legs of delinquent borrowers, or Shylock, the moneylender of the "Merchant of Venice" who required a "pound of flesh" as security on a loan, haunt our dreams and reinforce Benjamin Franklin's advice

Leases are legally binding contracts, and vacating a rental property before your lease expires can have serious consequences. But what are you supposed to do if you can't make rent? You can skip the payment and dodge your landlord until you're able to drum up the cash. However, this method rarely works and some landlords begin the eviction process once payments are 15 days past due. In this
Recent Articles in Credit and Debt
How People Use Credit Cards in Foreign Countries Other Than the U.S.June 7, 2013
When it comes to economic issues, the media has a love affair with hyperbole. For instance, in 2010, CBS News ran a chilling report on American consumer debt. Entitled "Addicted to
What Is Sequestration – Definition & How It Cuts the National DebtMarch 13, 2013
While our country's ability to borrow money is a valuable asset, particularly in times of need such as wars or economic recessions, continuously maintaining high levels of the debt
Understanding Federal Student Loans – Types, Repayment & DefermentJanuary 9, 2013
Each year, millions of Americans enroll to take courses of higher learning from post-secondary educational institutions. However, the majority do not have the funds to pay for
What Is Rapid Rescoring Service for Credit Score AdjustmentsJanuary 4, 2013
If you haven't applied for a mortgage in the past six years, you may be unfamiliar with the new lending standards. Back in the mid-2000s, people with credit scores as low as 580
What Are Credit Card Convenience Checks – Rates, Fees, Pros & ConsJanuary 2, 2013
Credit card companies like to bombard consumers with special offers, and if you have a good credit score, you likely receive pre-approved credit card invitations from time to time.
5 Reasons You Shouldn’t Refinance a Mortgage to Pay Credit Card DebtDecember 19, 2012
Everyone knows that credit card debt is "bad" debt due to the high interest rates on most consumer credit cards, while mortgage debt is often described as "good" debt. But
Understanding the Current U.S. Federal Debt and Its Effect on YouDecember 3, 2012
"Debt" is one of the most frightening words in the English language, conjuring up visions of peonage, deprivation, and prison. Caricatures of debt collectors, such as the mafia
What to Do If a Debt Collector Asks for Money You Don’t OweNovember 30, 2012
While there is never any excuse for abuse, the behavior of some relentless debt collectors can border on abusive. Though there are laws to protect you from harassment, a collector
4 Reasons Why You Should Check Your Credit ReportNovember 28, 2012
Your credit report provides detailed information about your credit history, and when applying for a loan, the contents of your report can make or break the deal. Many people
4 Surprising Things That Affect Your Credit ScoreNovember 16, 2012
If you're like many people, you believe that as long as your credit card bill and other recurring debts are paid on time each month, you must have a great credit score.
Reviews in Credit and Debt
Discover Open Road Credit Card ReviewAugust 27, 2012
Important Note: This card has been discontinued and replaced by the newer Discover it Card. Rewards credit cards are a great way to earn cash back from your everyday spending.
CitiBusiness ThankYouSM Card ReviewAugust 27, 2012
Using a rewards credit card once meant committing yourself to a single type of award. Credit cards affiliated with airlines offered free flights, hotel cards offered free night
Borro Review – Are Short-Term Collateral Loans Worth It?July 16, 2012
In today's tough economic times, getting a loan from a bank is much more difficult than it once was. And if you happen to have a less-than-stellar credit score, you may find
CitiBusiness® AAdvantage® World MasterCard® ReviewJuly 4, 2012
The original travel rewards credit cards were often co-branded with the airlines. After all, who can resist the offer of a free flight? Yet over the last 30 years, the market for
Chase United MileagePlus Club Card ReviewJune 15, 2012
Every airline credit card offers frequent flyer miles for dollars spent. What makes a travel rewards credit card stand out, however, is the number of miles offered and the




