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

 

 

 

 

 

Debt Recovery: How to Get Back to a Financially Stable Life

Thursday, May 10, 2018, 6:00 AM | Leave Comment

Managing your personal finances can be a very challenging task. Even if you have the best intentions in place and make good decisions, it is still possible that situations could arise that could set you back significantly. Fortunately, there are several things you can do to get yourself back to a financially stable life if […]



Debt Consolidation Loan and Other Measures that You can Take to Reduce Debts

Tuesday, April 24, 2018, 6:00 AM | Leave Comment

Businesses of all sizes at any stage of its life cycle require a steady supply of finances. Whether it is for business start-up or sustaining ongoing business activities, you need finances for different business needs. Loans and credit lines are the most popular means of business financing, and therefore it is natural for business owners […]



4 Ways to Dig Yourself out of a Financial Hole in the Ground

Thursday, April 12, 2018, 6:00 PM | Leave Comment

Being in the middle of a financial rut can make you feel hopeless and vulnerable. If you want to escape your harrowing financial situation, however, you should consider these four excellent strategies. Don’t assume that your financial nightmare is something you have to sit back and accept. A brighter and more promising financial future may […]



Buried in Debt: How to Dig Your Way out of Despondency

Friday, February 2, 2018, 6:00 AM | Leave Comment

Debt can be incredibly easy to fall into with 80 percent of Americans in debt today. While some of this debt is due to something perceived as good, such as a home mortgage, millions of Americans are stuck with student loans, car loans, personal loans and consumer debts that keep them from living the full […]



7 Best Practices to Get Yourself Out of Debt in 2018

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

As the year draws to a close, your mind may play over the triumphs and tribulations of time past and begin making plans for the new year. Personal finance is one topic that crosses both lines, but if you have debt hanging over your head, it is more a matter of making resolutions than nostalgia.  […]



Free of Finance: How to Get Out of Debt Quick

Monday, December 4, 2017, 6:00 AM | Leave Comment

If you are like many people, you might have a lot of debt you worry about paying off. You could have a mortgage and a couple of car payments, or you could be dealing with student loan debt, credit card debt, and more. If this is the case for you, it might feel as if […]



One Step at a Time: How to Start Turning Debt Around

Friday, November 3, 2017, 6:00 AM | Leave Comment

Debt can feel like an insurmountable beast which cannot be easily tamed. The good news is that there are ways out of debt. The less-good news is that they require patience and discipline in order to take their desired effect. In order to get out of debt, you need to have a well-developed plan. Here […]



5-Day Debt Reduction Plan: Pay It Off

Thursday, November 2, 2017, 6:00 PM | Leave Comment

As you’ve learned how budgeting can play a major role in finance management and made your ideal budget plan, also found the tricks to save some extra money; now all you want is to clear all your debts. You are ready with the money to shell off your debts; Is it enough? The answer is a […]



Strategies for Paying Off Your Debt

Saturday, June 10, 2017, 6:00 AM | Leave Comment

The author James Lendall Basford once said that “a man in debt is a man in chains”, and he was completely right. However, going into debt is one of the most frequent ways of financing small businesses, and although it seems as a reasonable decision at the time, sooner or later it backfires. This is […]



Law and Money: The Alternatives to Filing for Bankruptcy

Tuesday, May 23, 2017, 6:00 AM | Leave Comment

Bankruptcy is the final answer to resolving debt. It is an irreversible decision with lasting consequences for your finances and future purchases. Bankruptcy should be your solution when nothing else is solving the dilemma. Prior to filing for bankruptcy, debtors should consider these alternatives first. Talk to Creditors It’s surprising to hear that creditors want […]



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