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Monday, July 15, 2013

07/15/13 The Raw Credit Card Debt News Feed

Comprehensive Real-Time News Feed for Credit Card Debt.

  • Credit card, student loan debts drop in Hawaii 2013-07-15, 06:17 pm
    Credit card debt in Hawaii was $6,080 in June, 13.5 percent less than the average credit card debt of $7,032 held by Hawaii consumers in June 2012, according to data from Credit Karma.
  • DAVIS: A priceless dream come true 2013-07-15, 04:24 pm
    Dave Ramsey was light years behind my parents and my in-laws. For those who don't know, Dave Ramsey is a financial guru with a history of personal financial ruin, credit card debt up to his eyeballs and bankruptcy.
  • How To Construct A Diversified Bond Portfolio For Retirees 2013-07-15, 03:52 pm
    ... years. Asset-Backed Bonds. These are financial securities backed by tangible assets, such as loans, leases, credit card debt, or real estate. Mortgage-Backed Bonds [MBB] are a specific class of asset-backed bonds that are backed by mortgages. An ...
  • Credit Card Usage is Up. Here's What to Do As a Consumer. 2013-07-15, 02:02 pm
    A recent Federal Reserve report states that Americans have increased their credit card usage, in fact the category that includes credit card debt has hit its highest point since the fall of 2010.
  • Loans.org Finds the Elderly Have Easier Access to Personal Loans 2013-07-15, 12:53 pm
    ... generations who are still struggling in a slowly recovering economy amid record high student loan and credit card debt. Additional articles, interviews, news and frequently asked questions about the personal loan industry are available at ...
  • Credit Card Delinquencies At Lowest Since 1990 2013-07-15, 10:04 am
    ... e when it comes to credit cards is still necessary. Americans are expected to generate a new $47 billion in credit card debt this year, so a slight credit card delinquency rate drop is just the beginning.
  • How Grads Should Prioritize Their Debt Repayment 2013-07-15, 09:21 am
    ... that extra cash support in case something unexpected comes up." If grads have a variety of debt, such as credit card debt and student loans, it's crucial to first review debt interest rates, says Sabol. "Typically the plan should center around the ...
  • Carney to Host Discussion on College Costs 2013-07-15, 08:23 am
    ... decades, and that total U.S. student loan debt recently topped $1 trillion, more than both auto loans and credit card debt. The University of Delaware said last week it was raising tuition and fees for in-state undergraduate students by almost 4 ...
  • Susan Tompor: Knowing score on credit not as simple as a 3-digit number 2013-07-15, 07:00 am
    ... your available credit and make the ratio of credit used to credit available worse. If you have $2,000 of credit card debt outstanding, it hurts your score more if your total available line of credit is $5,000 instead of $15,000. -Make sure to get a ...
  • Money Talk: Consider bankruptcy to deal with co-signer credit card debt 2013-07-15, 05:30 am
    Q: I co-signed a credit card for someone and the person defaulted on payment. I started making payments but could not continue because I became unemployed.
  • Unemployed at-home spouses get improved credit access with amended CARD Act rule 2013-07-09, 03:00 am
    ... consumers. In the three years it has been in effect, the CARD Act has helped many cardholders reduce their credit card debt load. However, the CARD Act negatively affected one group of consumers and inadvertently curtailed their access to credit. ...
  • Parliamnt: No Plan For Repaying Credit Card Debts With EPF Savings 2013-07-15, 03:10 am
    ... upplementary question, also from Nawawi, Ahmad said the government had no plan for automatic elimination of credit card debt during a certain period, as was done in some countries. -- BERNAMA
  • Aussies on track to being debt-free 2013-07-14, 09:01 pm
    ... Hans Kunnen said despite more Australians being clear of debt, there was an increase of 1.4 per cent in credit card debt in the last quarter and a 5.8 per cent increase over the last 12 months. Australians with car finance also rose in the June ...
  • It's a struggling world amid economic recovery 2013-07-14, 03:00 am
    ... somehow the American consumer has managed to find enough resources to step up purchases with both credit card debt and auto sales showing near-record increases in June. Some say that consumer deleveraging has ended. In reality, it is the cost of ...
  • The science of smarter consumption 2013-07-13, 11:54 pm
    ... associated with a higher body mass index, increased binge eating, lower credit scores and higher levels of credit card debt for those with strong ties to their online network. "Even a small 5-minute 'dose' of social network use in our studies was ...
  • Money Matters: Wife doesn’t want to budget despite $19,000 in debt 2013-07-13, 11:00 pm
    Q. My husband and I have been married for a little more than one year, and he wants us to go on a budget.
  • In Oregon, paying it forward focuses on student debt 2013-07-13, 09:47 pm
    ... on the subject of student debt, which now totals more than $1 trillion nationally -- more than America's credit card debt. When graduates leave campus with their diploma in hand, they have an average loan statement of $26,000 in the other hand. The ...
  • Filing For Bankruptcy In Retirement 2013-07-11, 01:51 pm
    ... filing for bankruptcy over the last few years. This research shows retirees are increasingly burdened with credit card debt. Mounting interest charges and late fees can spell financial disaster. Filing for bankruptcy can be a promising solution for ...
  • CEO of One of the Nation's Leading Commercial Debt Collection... 2013-07-13, 07:49 am
    John Monderine, CEO at one of the nation's leading commercial debt collection agencies comments the rise of credit card debt and the fall of delinquency rates.
  • Make My DayTHE Birds and Bees are Out to Get Me 2013-07-13, 03:39 am
    ... exchange for selling us - the taxpayers - a boatload of mortgages foreclosed upon before last March 31, and credit card debt that borrowers defaulted on last year. If there is an underlying home, some day someone is going to buy it from a bank that ...

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