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






Things to Consider in Getting a Personal Loan to Pay Off Debt

Friday, June 26, 2020, 6:00 PM | Leave Comment

You’re indeed in a stressful situation if you have multiple debts. Most of the time, you’ll think about how you can pay them off. Having several debts takes away your financial freedom and your freedom to live your life in general. So, how to dig your way out from this predicament? Most people use a […]

The Golden Rule of Loans: Asset Appreciation

Wednesday, June 24, 2020, 6:00 PM | Leave Comment

Borrowing money increases your debt-to-income ratio (DTI), a measure of your total debt payments relative to your total income. As your DTI increases, creditors become more reluctant to lend you money — the rationale being that you’ll be less able to make payments on a new loan. Consequently, large life events that involve debt — […]

What Sort of Qualifications Must I Meet in Order to Be Approved for a Personal Loan?

Wednesday, June 24, 2020, 6:00 AM | Leave Comment

A little extra money would be nice right now. You could use it to take care of one or more needs and make life a little easier. A personal loan from an individual or a small group that specializes in this type of lending arrangement would do the trick. While you understand that personal loans […]

4 Things to Know About Your First FHA Loan

Sunday, June 21, 2020, 6:00 AM | Leave Comment

When you apply for a mortgage, you may not realize how much of a process it is. The paperwork can seem never-ending. It may also be confusing for first-time buyers. Here are four things you will want to know before heading to the loan office. Mortgage insurance comes with your loan Every homeowner will need […]

Best Practices for Handling Your Student Loan

Saturday, June 13, 2020, 6:00 AM | Leave Comment

Going to college or university is an exciting, inspiring, and euphoric time. However, to some, it can also seem daunting. The need to take thousands of dollars of student loan to sustain yourself through higher education is naturally unnerving, but so long as you handle it sensibly, it doesn’t need to be so scary. Unexpected […]

Debt Collectors: What Can They Do?

Wednesday, April 15, 2020, 6:00 PM | Leave Comment

Nobody likes to be reminded of their debt. Yet if the issue becomes uncontrollable and a debt collector is called into action, it will be a common occurrence. This is because they will be regularly in touch, trying to get you to pay off your outstanding balance. This can have a significantly detrimental effect on […]

Make Loans Work for You: 5 Tips for Taking Out and Handling Debt Responsibly

Sunday, April 12, 2020, 6:00 AM | Leave Comment

There’s definitely a bit of a stigma against taking out loans. In reality, though, loans are incredibly useful – at least, as long as you handle your debt responsibly. If you’re considering taking out a loan, you should follow the five tips below. Think About Why The first, and most important, step in taking out […]

The Importance Of Maintaining Positive Client Relations Throughout Debt Recovery

Thursday, February 20, 2020, 6:00 AM | Leave Comment

When it comes to debt recovery, the focus is to get the debtor to pay. Failure by debtors to pay will significantly affect your cash flow and may even push you out of business. For this reason, you must do everything within your means to ensure that your debtors pay, and do so on time […]

Where to Look for the Best Rates on a New Loan

Sunday, December 1, 2019, 6:00 AM | Leave Comment

If you’re attempting to get a loan, it makes sense to look for a low rate. Unfortunately, some of the places that are most vocal about offering loans are also those that offer the fewest options. If you are looking to reduce the cost of borrowing, you may want to look at some of the […]

Side Effects Of Being Heavily In Debt

Saturday, November 9, 2019, 6:00 AM | Leave Comment

When you are in debt and your credit score gets to be too low, you have lots of problems and disadvantages that can surface when you want to get loan of any kind. If you cannot get out of debt while you are still living and unable to pay your bills, it will result in […]