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






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 […]

Tips To Tame Debt Beast In Our Personal Lives

Friday, January 22, 2010, 3:47 AM | 5 Comments

It has been a year that Mr. Barack Obama took over the presidency. Now is a good time as any to do something about the debt in our personal financial lives. We, the American people, voted President Barack Obama in office, as we had done his predecessors, to do what he has to do on […]

How To Get Out Of Nagging Debt

Wednesday, May 6, 2009, 7:05 AM | Leave Comment ran a story “Get out of debt – on $26,000 a year” by Karin Price Mueller. The story is about “nagging debts, begun with a credit-fueled spending spree in college, are keeping a hairdresser from her dreams. But there is a path out of the red.” Excerpts from the interview: Today, the 37-year-old single […]

Wells Fargo Bank Offers New Tools To Overcome Debt

Sunday, December 14, 2008, 12:02 AM | 1 Comment

One of the nation’s most stable and largest banks, Wells Fargo, has unveiled a new tool kit for customers to help them get out of debt while they are still living. The bank has rolled-out three types of tools for customers: Debt Pay Down Solution, Cash Back Cards, and Smarter Credit. Debt Pay Down Solution […]