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






Enforcing Boundaries: 6 Things a Debt Collector Is Not Allowed to Do

Thursday, December 6, 2018, 6:00 AM | Leave Comment

Avoiding the debt collector as long as possible is a commonly-used strategy, but how long can you keep running away from the inevitable? Too many people believe these people are omnipotent and can do just about anything they please – this is false. In fact, there are laws that impose certain limitations on them. Specifically, […]

Drowning In Debt? Why Bankruptcy May Be A Fresh Start

Saturday, May 20, 2017, 6:00 AM | Leave Comment

If you are having trouble paying your bills, it may be a good idea to look into filing for bankruptcy. When you file, a judge will put an end to collection calls and letters that creditors may send by the dozens each day. Furthermore, it may be possible to have debts discharged within weeks or […]

All you Need to know about Personal Loan Interest Rates in India

Friday, July 8, 2016, 6:00 AM | 2 Comments

Summary: Personal Loans offer easy and quick cash, but even these loans come with a cost—interest rates. Read on to figure out what Personal Loan interest rates are all about. Almost everyone saves, be it money or supplies, for a rainy day. But high inflation often eats into your savings, leaving you in a crunch […]

Benefits of Bankruptcy: What the Pros and Cons Are

Friday, January 29, 2016, 6:00 PM | Leave Comment

If you are struggling to pay your bills or want to avoid losing your home to foreclosure, it may be in your best interest to file for bankruptcy. But this kind of move cannot be undertaken lightly, as it can have serious effects on your credit. What else should you consider if you are looking […]

Stay Out Of Debt: 6 Things That Can Turn Your Finances Upside Down

Monday, December 14, 2015, 6:00 AM | Leave Comment

No matter how good you are at budgeting, if your monthly expenses are close to your income there are several catastrophic events that can turn your finances upside down and lead to long-term debt or bankruptcy. The amount of debt that the average consumer has is considerable and many people don’t plan for unforeseen issues, […]

Be Free From Compulsion Of Debt

Tuesday, June 30, 2015, 6:00 AM | Leave Comment

While doing research on the topic of debt, I read a few articles about the nature of debt and how we get into it, sometimes deeper than we had imagined and now it’s out of control for many folks. Believe it or not, some folks get into debt out of some compulsion that they might […]

7 Strategies To Live Debt-Free And Increase Wealth

Thursday, May 21, 2015, 6:00 AM | Leave Comment

I have talked about debt in terms of the good, the bad, and the ugly kinds of credit. To live a nearly worry-free life and to enjoy and realize the sweetness and comfort of life, we must get rid of debt in our lifetime and as soon as possible, especially the stinking ugly debt, the […]

Financial Freedom: Six Tips To Stay Debt-Free

Thursday, February 5, 2015, 6:00 AM | Leave Comment

It can be challenging to avoid debt, especially during tough economic times. However, there are several methods that you can use to avoid owing creditors. With a little bit of effort, you can ensure that you will not fall into debt. Here are six tips to stay debt free: Keep A Close Eye on Your […]

What’s It With My Family Budget – Too Much Debt

Tuesday, November 4, 2014, 1:00 AM | Leave Comment

When I make $2 and spend $3, then I force myself with my spending habits to borrow the $1 that I need to make up for my financial deficiency. So I am $1 in debt for every $3 that I spend with my $2 income that stays the same for a long time. Before I […]

Your Debt Leftovers When You Are Deleted

Friday, October 17, 2014, 1:00 AM | Leave Comment

Benjamin Franklin once said “Make no expense but to do good to others or yourself; i.e., waste nothing.” He also said that – and has been quoted differently in his words – “Death, taxes and childbirth! There’s never any convenient time for any of them.” In computer and Internet jargon, death comes when you are […]