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

 

 

 

 

 

Americans Are Gullible To Lenders Heart Content

Monday, May 18, 2015, AM | Leave Comment

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The basics of car equity loans

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Millions of Americans are forced into a situation where the banks and the debt collectors keep ringing their phone, some 40 or 50 times a day. Since the financial crisis began and folks in debt started to get disillusioned and are “bugged” by these institutions, the business for blocking these calls is booming. One such […]



How to Get Out of Credit Card Debt

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Debt Relief and Personal Finance: Things That You Need to Know

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All over the world millions of people face financial troubles every year. The main cause of financial trouble is not lack of income, but tendency of over expenditure. It is important to have a clear idea of your income and your ability to spend because that helps you stay debt free. Too much use of […]



Top 6 Student Loan Tips for Recent Graduates

Monday, March 2, 2015, AM | Leave Comment

If you are like most recent college graduates you probably have student loan debt. Today, 7 in 10 college graduates are graduating with student loan debt. Student loans are a necessary tool for some students, and for others, student loans helped to ease the financial burden of higher education. Either way, your student loan payments […]