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

 

 

 

 

 

What Documents Do I Need for a Home Loan if I’m Self-Employed?

Saturday, April 27, 2019, 6:00 AM | Leave Comment

When applying for a home loan you know you’ll need certain documents such as bank statements, W-2s, pay stubs, and other proof of income, but what if you are self-employed and can’t necessarily prove your income? Are you simply out of luck when it comes to home loan or getting a mortgage on a new […]



Financial Boost: 4 Unique Loans to Learn About

Monday, April 15, 2019, 6:00 AM | Leave Comment

When you’re in a financial drought and you don’t know how to pay for your bills, taking out a loan may be in your best interest. Attaining a loan can come in many forms with varied terms and conditions. With each loan, there are certain qualifications required before approval. If approved, you will be given […]



How to Secure Quick Car Loans Successfully

Thursday, April 11, 2019, 6:00 AM | Leave Comment

Owning a car has never been the same earlier as now there are many types of quick car loans that an interested person can secure easily and get behind the wheel. Gone are the days when people had to save for years to buy a personal vehicle. There are innumerable loans available now that can […]



Let Your Debt Get Out Of Bondage

Monday, April 1, 2019, 6:00 AM | Leave Comment

The great Dutch Jewish philosopher Baruch Spinoza (1632-1677) once said: “Freedom is defined as acting out of the necessity of one’s own nature.” In other words, you are free when your action is not produced by external causes. You are free when you are not passive but active. If the debt load on your shoulders […]



Bridging Loans – Expensive or Cost-Effective?

Tuesday, March 26, 2019, 6:00 PM | Leave Comment

Bridging loan application volumes and completions in the UK recently hit record highs. This suggests that the popularity of bridging loans is accelerating, but there are still countless misconceptions about bridging finance doing the rounds. One of which being the expensiveness or otherwise of bridging loans. The True Costs of Bridging Loans As is the […]



Things You May Not Know About Payday Loans

Saturday, March 9, 2019, 6:00 PM | Leave Comment

Have you ever been going through such a rough patch where your savings account was just about empty? Perhaps you were desperate and looked into available loan options for someone with as bad a credit score as you, and maybe your findings led you to payday loans. You applied for one, had some money in […]



Understanding FHA Loan Requirements

Tuesday, February 26, 2019, 6:00 AM | Leave Comment

We know that when you ask for a loan, there are usually requirements that need to be met before we can get approved. These requirements can make getting a loan harder, but they protect the lender from giving out money to someone who cannot pay them back. We’ve seen it before what happens when too […]



What to Know Before You Apply for an Installment Loan

Tuesday, February 19, 2019, 6:00 AM | Leave Comment

Are you caught in the payday loan trap? Each week or month, you take out a payday loan to meet expenses. But after you pay back the loan, once again, you are out of money. So you take out another payday loan, and the cycle continues. Borrowers get stuck on the loan payment merry-go-round because […]



Drowning in Debt? 5 Financial Steps to Take Today

Friday, February 1, 2019, 6:00 AM | Leave Comment

Debt can accumulate to a point that it exacts strains on your finances, emotional state and even relationships. Problems with debt often signal a need for prompt action and serious evaluation of your habits and priorities. Here are five ways you can quickly address mounting debt.  Stop the Spending By trimming expenses or resisting the […]



The Process of Getting a New Construction Loan

Tuesday, January 1, 2019, 6:00 AM | 4 Comments

Before getting the funds you need to cover the costs for your construction project, you need to know what to expect. There is a process that you need to follow so that you do not find yourself at the short end of the stick. Patience, in this case, is crucial. This process will involve these […]