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






Climb Up The Ditch Of Debt

Saturday, March 12, 2011, 2:00 AM | 1 Comment

There are so many books written on the subject of how to get rid of debt in your financial life. They all define, among other things, what debt is and where debt comes from. In chapter after chapter, the authors don’t get tired of explaining what they want to explain. They get into some details […]

Analyze Your Over Spending And Fix Your Brain

Sunday, March 6, 2011, 8:32 AM | 1 Comment

If you are in debt and many are heavily in debt, the first thing you gotta do is to analyze your spending. Obviously you have spent beyond your means. If you want a debt-free life, then you have to stop and think about how and why you got yourself in the debt shit that you […]

Had A Mighty Hard Time But I’M On My Way

Sunday, February 27, 2011, 1:28 AM | 3 Comments

We all know many of us folks have debt problems. Some [read millions] have declared themselves bankrupt so they could hopefully start with a clean slate. They had a mighty hard time but with a clean slate they are on their way to glory with debt-free life. Hallelujah! Brothers and sisters. Hallelujah! They make commitment […]

Avoid Believing in Fake Debt Settlement Commercials

Wednesday, February 9, 2011, 1:41 AM | 1 Comment

Commercials are used for the purpose of promotion. Mostly what they claim is too good to be true. If a commercial promotes debt settlement companies or its certain services, they often eulogize the positive points of the organization. But the consumers actually remain in darkness about the reality. These ignorant consumers take a hasty decision […]

Quit Talking, Take Action, Get Rid Of Debt

Thursday, February 3, 2011, 12:53 AM | Leave Comment

I think it was Walt Disney who said “The way to get started is to quit talking and begin doing.” And that’s the only way to get rid of debt, to take action. You probably have it as your new-year resolution. We are already into the second month of the year. What have you done […]

Debt Is One Money Game Folks Must Win

Thursday, November 25, 2010, 5:25 PM | 1 Comment

Today is a Federal holiday in America. Today is Thanksgiving day. Happy Thanksgiving to those who will celebrate and to those as well who are unable to do so even though they may wish they did. I was told by the soup kitchen in my town that they will serve turkey and other kinds of […]

The debt I Have Known Is The Most Destructive Kind

Saturday, November 20, 2010, 11:52 PM | 4 Comments

One of the greatest country singers and my favorite Roy Clark released this song in 1969. “Yesterday, When I Was Young” was Roy’s biggest crossover hit, an easy listening ballad by Charles Aznavour that made a strong showing on the country, pop, and adult contemporary charts in 1969. Clark was riding high from his exposure […]

Debt Collectors Cannot Sue After Three Years

Wednesday, November 10, 2010, 11:59 AM | 4 Comments

There is a three-year window for the lawsuit to be filed against a person who cancels his or her credit card. Canceling card is done for the obvious reason that the card holder can no longer pay the debt. In April 2010 ruling, New York’s Court of Appeals decided that one defendant was right when […]

Understand Types Of Debt – A Quick Course

Thursday, October 14, 2010, 8:42 AM | 10 Comments

To get out of debt, you have to first understand that as a financial topic, debt is very simple. It doesn’t take very long to get into debt. It takes lots of spending and spending more than you make. If you are in debt and heavily in debt, think about the interest rate when you […]

You Need Extremely Sharp Knife To Cut Accumulated Debt Fats

Sunday, June 6, 2010, 5:36 AM | 4 Comments

For some folks [read millions] who are carrying huge debts under their belt, extreme measures may be necessary in their financial life to start the long journey of getting out of debt. Blogs after blogs about debt have been published, books have been in the store collecting dust [and debt in the form of inventory […]