The Office of the Comptroller of the Currency is reportedly taking a good, hard look at the practices that credit card giant …
Bad Debt
$2.5 Million FTC Settlement Targets Collection of Expired Debt
One of the biggest debt collection companies in the country recently agreed to pay a $2.5 million civil penalty in a settlement with the FTC — part of an escalating effort by the agency to keep tabs on and, when necessary, rein …
Are Young People Too Afraid of Debt?
Following the Great Recession many young people have become not merely respectful of debt, as we would wish; but fearful of it, which could set them back.
5 Steps To Settling Your Debts For Less Than You Owe
Zombie Debt: A Real-Life Horror Story
A person with blemished credit and a history of defaulted debts will have trouble getting a credit card, so an unsolicited credit card application can seem like a lifeline. But some of these cards come with some very sneaky fine …
Some Say Pay Off ‘Bad Debt’ First. But Why?
There’s a lot of personal finance advice in the blogosphere that I wish didn’t exist. And one of the most annoying pieces of advice is the constant yammering about “good debt” and “bad debt” and how that bad debt must be paid off first.
