Man lives in the sunlit world of what he believes to be reality. But… there is, unseen by most, an underworld, a phenomenon that is just as real, but not as brightly lit…Tales from the Darkside? Nope! Tales from the Debtside.

  • Debt is the toxin that feeds fear and fear is the toxin that feeds debt.

  • If you buy more than you need, you gain more debt than you want.

  • The person who thinks debt-free life is possible is the one who is going to get rid of debt in life. Make real effort to do so.

  • We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light - Plato

  • Any credit repair company that promises to remove legitimate bad debts from your credit history is lying.

  • Under the Consumer Credit Protection Act, such information remains on your credit report for about seven years.

  • The disappearance of bad credits, if any, is only temporary.

  • For help, check out the National Foundation For Credit Counseling.

Craving for Credit is the real problem!

We live in such a consumer driven society - credit cards just help us get what we want when we can't afford it. In our society we overeat, overspend, over consume. In general - donuts and credit cards are not the problem, our constant craving for food and credit is the real problem!

The Credit Card Song by Old Man Pie

Ahead of its time this is a cartoon animation that's been up on the web since 2006 and is all about the credit crunch crisis.

Credit card spending and loans from banks are in their trillions of dollars and something has to give. We no longer spend what we have earned, we spend what we haven't earned on the back of house price rises and yet more loans.

The banks are prospering and fat cats are awarding themselves massive bonuses, but it cannot continue.

Beware the debt time bomb may bring the walls of the western world clattering to the ground.


Debt Menu

 

 

 

 

 

Getting Out of Debt Without Getting Scammed

Monday, November 5, 2018, 6:00 AM | Leave Comment

Most business organizations turn to third-party companies when it comes to collecting debt from customers. A credit card issuer, for instance, might work with a debt collection company to make sure that their customers are paying off their accounts. The problem, however, is that while some debt collectors contact individuals to collect legitimate debt, there […]



5 Reasons Your Student Loans Keep Growing

Friday, October 26, 2018, 6:00 AM | Leave Comment

The year is 2018, and student loans are becoming a massive problem for the American populace. According to Student Loan Hero, the average graduating college student has $39,400 in debt, and across all of America there is 1.48 TRILLION dollars in student loan debt. And what’s worse, for many of us suffering from student debt, […]



Keeping Debt A Secret Is A Bad Idea As It Affects Relationship

Wednesday, October 24, 2018, 6:00 PM | Leave Comment

Debt is by it a very complex and sensitive matter and keeping your debt a secret is even more sensitive. It will affect your relationship with your spouse in a negative way. If you do not want to have this bitter experience first-hand, then you must read on to know how keeping debt a secret […]



Buying a House for the First Time? How to Know What Kind of Home Loan Will Work Best for You

Saturday, September 22, 2018, 6:00 AM | Leave Comment

There are many different types of home loans. Choosing the one meeting your needs the best may be harder than choosing your favorite type of ice cream in a store with many different choices. Here are some key factors you may want to consider. 30-year-fixed-rate Loan This loan has the same payment every month for […]



How to Determine Loan against Property EMI

Wednesday, September 19, 2018, 6:00 AM | Leave Comment

A loan against property is an attractive source of funds which can be used for multiple needs. If you have a property to your name, you can mortgage the property to a lender and avail a loan against the property’s value. Loan against property is, therefore, easily available, comes with low-interest rates and also allow […]



Different Types of Apartment Loans That Are Available for Buying New Apartment

Tuesday, September 18, 2018, 6:00 AM | Leave Comment

The apartments in the multi-storey buildings are highly favorable, especially for nuclear families. However, these furnished or non-furnished apartments may be out of reach of many common people, due to the high costs of these real estate properties. Hence, the best option for them is to seek apartment loans from reliable financial organizations. The loan […]



Bad Credit or Low Income? How a Car Title Loan can help

Monday, September 3, 2018, 6:00 AM | Leave Comment

There might be a time in life when you require cash fast. Whether you need extra cash to cover your expenses or an unexpected bill has come up, a car title loan can be one of the most ideal ways to access the quick cash that you require. Simple Process and Quick Cash Car title […]



6 Signs That Your Business is Ready for a Loan

Tuesday, August 28, 2018, 6:00 PM | 1 Comment

Getting a business loan is a big step towards shaping your dream business. With features like quick approval, no requirement of collateral, and online account access, they are tailor-made to fulfill all the requirements of your business. If you recognize one or more of the scenarios below, it may be time to apply for a […]



Bad Credit Tying You Down? Try These 3 Ways of Getting a Personal Loan with Low Interest

Saturday, August 18, 2018, 6:00 PM | Leave Comment

If you intend to borrow money to move cross-country, consolidate your credit card debt, or finance the repairs of your auto, a personal loan can be instrumental in helping you cover such expenses without necessarily breaking your bank. For the most part, personal loans are unsecured, implying they do not need collateral. Personal loans can […]



Interest Rates and Fees For Student Loans

Saturday, August 18, 2018, 12:00 PM | Leave Comment

The cost of attendance for a year at a college or university ranges from $13,000 to $40,000, but when you fund your education with student loans, the total cost may be tripled by the time you finish paying it off. Many students would be daunted if they realized how much they are actually paying for […]