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






4 Bad Habits that Will Lead You down the Financial Path of Debt

Monday, November 20, 2017, 6:00 AM | Leave Comment

If you have gone through the educational system in the United States today, you probably lack training in the fundamentals for financial success. From the formative years on, kids see credit and payment plans as ways to get things now. Unfortunately, societal peer pressure for minimizing debt and saving for the future is lacking. Debt […]

Controlling Your Finances: 4 Benefits of Personal Loans

Thursday, November 9, 2017, 6:00 AM | Leave Comment

The issue of finances has been an enigma to many people worldwide. Studies show that half of the population in the U.S does not have sufficient money to cover a $400 emergency. A lot of people spend beyond their means hence denying them a chance to save. However, people can decide to take control of […]

Shopping for Cars: 3 Ways You can Finance Your New Wheels

Wednesday, November 8, 2017, 6:00 AM | Leave Comment

At some point, taking the bus or asking a friend for a ride may not be adequate to meet your needs. Therefore, it may be necessary to buy a car of your own. Let’s look at a few easy ways that you can finance your purchase whether you are looking to buy new or used. […]

Managing Bills: Top 5 Tips About Debt Consolidation

Wednesday, October 25, 2017, 6:00 AM | Leave Comment

It’s easy to feel weighted down by outstanding debt if you have a balance that is difficult to pay each month. By consolidating your debt, you’ll be able to escape this painful feeling and become more financially sound. Here’s five tips to help you with the process of debt consolidation: Get Organized The first tip […]

Understanding the Basics and Requirements of FHA Loans

Saturday, October 7, 2017, 6:00 AM | Leave Comment

There are various misconceptions regarding FHA loan programs and their significance. This is why it is important to be aware of the basic aspects and requirements of FHA loans. These loans feature lower down payments and less stringent standards for lending, which makes them popular among mortgage borrowers. Federal Housing Administration is the government agency […]

What are The 4 Things You Should Remember Before You Avail a Personal Loan?

Friday, September 22, 2017, 6:00 AM | Leave Comment

Personal loans is an easy way out of an existing monetary problem. As the times are changing, personal loans are seen as the perfect way out of it. In the current market condition, personal loans are the most preferred types of loans. There are two types of personal loans: secured loan and unsecured loans. If […]

Installment or Personal Loan? How to Decide Which is Best for You

Friday, September 1, 2017, 12:00 PM | Leave Comment

While a personal loan is a type of installment loan, an installment loan is generally considered a tool used to finance a specific purpose. For instance, you may get an auto loan to buy a car or a home loan to buy a house. A personal loan can be used to consolidate debt, start a […]

How to Avoid Sharks While You Climb Out of Debt

Friday, August 25, 2017, 6:00 AM | Leave Comment

One of the biggest challenges with debt comes when it affects your credit, and, in turn, your ability to access financial resources to help mitigate the situation. Low credit can leave you stuck in a no-win situation. If you’re struggling with financial burdens, you become vulnerable to cynical financial service sharks who make their living […]

Running Out of Money? 4 Things You Need to Know Before Filing for Bankruptcy

Tuesday, August 22, 2017, 6:00 PM | Leave Comment

Filing for bankruptcy may be an effective way to get out of debt. However, it can also be an effective way to significantly lower your credit score and make it harder to apply for credit in the future. What are some issues to consider before you make the decision to ask for protection from creditors? […]

In Too Deep – When You Should Consider Debt Consolidation

Wednesday, August 16, 2017, 6:00 PM | Leave Comment

Often advertised as the perfect solution to money woes, debt consolidation is something that most people have heard about on television or in magazines. While it’s true that a debt consolidation loan can help people manage their finances, it is a serious move and it should always be considered with care. Before you apply for […]