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






Make Ends Meet until Your Next Payday

Thursday, June 4, 2015, 6:00 AM | Leave Comment

If you are like most people, it can be a long stretch from payday to payday. If you get paid bi-weekly, the last few days of waiting for your paycheck can feel like an eternity. That is without any surprise added expenses popping up. When something unexpected happens, that adds even more stress to an […]

Loan Confusion: There’s a Way Out!

Saturday, May 30, 2015, 6:00 AM | Leave Comment

Can I afford a house with a water view or with a park view? How much money do I have to put down? What is amortization? What’s a good interest rate? What forms do I need? What do FHA and LTT stand for? Getting a mortgage for the first time always leads to confusion. Most […]

Better Ideas for Getting Out of Credit Card Debt Fast

Friday, May 22, 2015, 6:00 AM | Leave Comment

Getting out of credit card debt is often a tedious process that takes a lot of time. Once you’ve decided to commit to getting out of debt, it can be hard to do the calculations and realize paying it all off will take three or five years at your current rate of repayment. When this […]

The Advantages and Disadvantages of Bridging Loans

Tuesday, May 19, 2015, 6:00 AM | Leave Comment

Now that they’ve become popular, bridging loans are being used more and more by every day normal people who are looking for quick money. They’re no longer only designed for landlords and property owners who need money while they’re waiting for a sale to close or fees to come through and be released. They’re quicker […]

Americans Are Gullible To Lenders Heart Content

Monday, May 18, 2015, 6:00 AM | Leave Comment

I am reading a book that David Bach wrote and edited in September 2010. The name of the book is “Debt Free For Life”. So far I have picked up a few points that I like to share with you. He starts out writing each point with “We have been misled to believe.” I agree. […]

The basics of car equity loans

Friday, May 15, 2015, 6:00 AM | Leave Comment

The biggest problem when tackling any kind of loan is the question of just how long you will have to pay it off, and when you will be able to do so. You must know that for the banks, it is always better if you stay with them for longer, and that you prolong your […]

Understanding the Financing Process When Building a New Home

Monday, May 11, 2015, 6:00 AM | Leave Comment

There are a wide variety of reasons to build a home from scratch rather than purchase a prefabricated home, but the process is slightly different than simply applying for a traditional mortgage. Just as the homeowner will have more options for customization, they will also take on more of the responsibility when it comes to […]

Alcohol Is More Dangerous Than Heroin And Crack

Saturday, April 25, 2015, 6:00 AM | Leave Comment

Alcohol is the most dangerous of all the known drugs in the world, more dangerous than heroin and crack cocaine. That’s the finding of a research done by Professor David J Nutt – the name is real – of the prestigious institution of London’s Imperial College, a university globally renowned as a place of scientific […]

Beating Debt Is Easy But Requires Discipline

Thursday, April 23, 2015, 6:00 AM | Leave Comment

Beating debt is simple and easy but requires discipline in your personal finances. Financial discipline is much different than any other kind. Military persons can have very strict discipline about everything in their lives but when it comes to their personal finances, they can be as undisciplined as any one on the street. Understand Types […]

Tips To Not Get Caught In The Debt Settlement Trap

Wednesday, April 22, 2015, 6:00 AM | Leave Comment

A time comes in almost everyone’s financial life who are in debt that it gets harder and harder to pay loan payments. If you are one of them, you surely are not alone. Many folks are struggling with their finances. You must have seen ads in different media about debt settlement services. You may be […]