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 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 […]

How Can You Mitigate Bad Debts?

Thursday, December 20, 2018, 6:00 AM | Leave Comment

When your customers fail to pay you what they owe, your company can be affected surprisingly quickly, hampering its ability to maintain a healthy cash flow and pay its own liabilities. Having a robust collection process in place coupled with being proactive in chasing up late payers can be the difference between receiving the money […]

Getting an Installment Loan is Not a Problem for People with Bad Credit

Wednesday, December 5, 2018, 6:00 AM | Leave Comment

For catering to a wide range of customers with varied needs, many high-quality lenders offer loans that are easy to pay back in installments on a fixed date every month. Typically, these loans named as installment loans are highly attractive because of the ease of paying a fixed amount of money every month that helps […]

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 […]