Latest Credit Consolidation News
Image by pennstatelive
Joyce Robinson, curator of the Palmer Museum of Art, left, and Sallie McCorkle, associate professor of art, examine items from the "Objects in/and Visual Culture" exhibit that runs through March 20 at the Zoller Gallery on the University Park campus. The exhibit accompanies a conference on March 19 and 20 at University Park that address issues of the emergence or consolidation of visual culture as an interdisciplinary practice. The exhibit features a number of items from the Palmer Museum as well as artwork by several University faculty.
Could credit card lenders see fee limit this year?
It is more important than ever for inquisitive consumers to have a very strong understanding of exactly what debt consolidation entails, and the impacts it can have on personal finances. Credit Counseling: There are a numerous options for consumers who …
Read more on Debtmerica Relief
Spanish Cleanup Plan May Backfire on Banking System: Euro Credit
"The plan is for a massive effort in provisioning of real estate and consolidation, and that has to be paid for," said Daragh Quinn, a Madrid-based analyst at Nomura International. By refusing to use public funds to help purge a system burdened with …
Read more on San Francisco Chronicle
Springboard Nonprofit Consumer Credit Management Encourages Consumers To Pay …
Springboard Nonprofit Consumer Credit Management Encourages Consumers To Pay …
If you need help putting your financial life in order, reach out to a trained and certified financial counselor. Call Springboard toll-free at 800-449-9818, or go online to http://www.credit.org. SPRINGBOARD(R) Nonprofit Consumer Credit Management is a …
Read more on Daily Markets
Debt Management Credit Counseling Relocates Office to Lighthouse Point, FL
Debt Management Credit Counseling Corp (http://www.dmcconline.org), a nonprofit charitable organization ("DMCC"), announces new office location. New location is on a major South Florida thoroughfare and retail front, providing increased opportunity to …
Read more on PR Web (press release)
Latest Credit Card Debt Relief News
Debt Relief
Image by Drab Makyo
I got fed up of being in debt, no matter how acceptable it is in todays society. Rather than shredding it, I froze it in a block of ice, in case of emergencies.
The smart way to dig yourself out of debt
The smart way to dig yourself out of debt
“You owe it to yourself not to delay,” says Gail Cunningham, vice president of public relations with the National Foundation for Credit Counseling (NFCC). “Delay only digs a deeper financial hole. Reach out for help and reach out now. …
Read more on msnbc.com
Better Business Bureau Tips for January
Don't pay upfront fees to anyone who promises to provide counseling, take care of the paperwork for you, or stop the foreclosure process. Be wary of anyone who tells you not to contact your lender, a lawyer or a credit counselor, or who asks for …
Read more on Patch.com
Mort Zuckerman: Time for US to Review Its Cuba Policy
It has encouraged the move to free markets, providing counseling that reflects the words of the late Pope John Paul II when he called for "Cuba to open to the world, and the world to open to Cuba." The Cuban-American community in the United States has …
Read more on U.S. News & World Report
Digging out from college loan debt
Digging out from college loan debt
Radhika Singh Miller is program manager of educational debt relief and outreach for Equal Justice Works, a nonprofit that advocates for laws to help debt-ridden students. She said it's important for students to be their own advocate. "It's not going to …
Read more on Sandusky Register
Freedom Debt Relief Suggests 10 Last-Minute Tricks to Tighten Holiday Budgets
“If you are eligible for assistance, look into support from local nonprofit organizations that might be able to brighten your holidays, whether with a toy donation program, winter coat drive or by putting a holiday meal on the table,” Gallegos said. …
Read more on PR Web (press release)
Etihad To Increase Air Berlin Stake
… agreement and debt financing. The agreement provides some welcome financial relief for Air Berlin, which recently issued another profit warning owing to an air passenger tax in Germany, persistently high oil prices and uncertain economic prospects. …
Read more on Wall Street Journal
Latest Debt Relief Settlement News
Taking it to the banks
Over the next three years, the five banks must try to help these people by shaving principal off their outstanding debt — to the tune of $ 17.5 billion. The banks must dole out another $ 3 billion worth of relief by refinancing mortgages at lower …
Read more on New York Daily News
Mortgage Relief for Service Members
JPMorgan Chase, which has compensated some service members because of an earlier private settlement, will provide victims either their home free and clear of debt or the cash equivalent of the full value at the time of the sale.
Read more on New York Times (blog)
Steps to avoid debt-relief scams
Companies that claim to offer debt relief and settlement "services" are the top online financial scam in the nation, and one of top 10 online scams overall that consumers should be aware of, according to the Better Business Bureau.
Read more on Charleston Gazette
Final payment made to tax debt settlement
The government of Guam made its final payment in the $ 90 million Earned Income Tax Credit settlement about a year ago, according to Mike Phillips, the attorney who represented taxpayers in a class-action lawsuit against the government.
Read more on Pacific Daily News
Markets rally as France, Spain clear bond hurdle, Greek debt-reduction talks …
Markets rally as France, Spain clear bond hurdle, Greek debt-reduction talks …
That helped banking stocks across Europe, particularly those most exposed to weak government debt. France's Societe Generale and Italy's UniCredit rose at least 12 percent. Solid earnings from Bank of America and Morgan Stanley added to the prevailing …
Read more on Washington Post
Euro Rides a Roller coaster of News
As we noted earlier, "A restructuring of Greek debt would provide some temporary relief for the EZ sovereign debt markets, although few analysts believe that the country will be able to avoid default in the long run given its massive debt of 130% of …
Read more on NASDAQ
Europe races to secure Greek debt relief
The Middle Class Beatdown: Decline of the American Dream
Image by Cory M. Grenier
Government, for the Rich only -
Republican obstructions in Congress placing tax cuts above jobless aid comes at a time when private US corporation profits reached a historical high of .659 trillion ( 1 ), the 7th consecutive quarter of corporate profit growth, breaking the previous 2006, .655 trillion corporate profit record. While US corporations and wealthiest Americans grow richer, everyday people are suffering from a 9.6% unemployment rate ( 3 ), a trillion national War debt (3, 4 ), and an annual US government deficit of .3 trillion ( 5 ). During this time on Dec 2, 2010, the Federal Reserve Bank in the largest government act of corporate socialism loaned trillion dollars to the largest banks – including trillion to Citigroup and .9 trillion to Morgan Stanly (5.5). Sen Bernie Sanders exclaimed, "The 0 billion Wall Street bailout turned out to be pocket change compared to trillions and trillions of dollars in near zero interest loans and other financial arrangements that the Federal Reserve doled out to every major financial institution" .
Rather than extend mere billions of dollars in emergency loans to American people in need, on Dec. 1st, 2010 Republican Senate Minority Leader Mitch McConnell announced Republicans will block any new legislation that does not extend the Bush-era tax cuts ( 6 ). This blackmail tactic means critical legislation like the defense authorization bill, the nuclear START treaty with Russia, and jobless aid will be halted. In response, Congressman Dick Durbin stated, "I don’t know how we can sit down and talk about tax cuts for people who have jobs at the highest income categories and ignore the suffering and struggles of people who are unemployed through no fault of their own” ( 7 ). This month Congress is ignoring the suffering and cancelled jobless aid checks for any of the 15 million ( 8 ) American people who survive on unemployment checks of 0 for a week for longer than 99 weeks, or less than ,000 per year – well below the poverty line.
Republican congressional representatives have rejected President Obama’s proposal to raise taxes only for earnings over 0,000 for singles and 0,000 a year for married couples. Instead Republicans call for tax cuts to continue for the richest Americans, deceptively stating tax cuts for the rich will boost economic growth. Facts show the US poverty rate has reached 15% and economic growth has been sluggish despite 9 years of tax cuts for the wealthiest Americans during unprecedented high corporate profits, and the deficit has rapidly expanded. The unfunded expense of the Iraq war, originally estimated by the Bush Administration to cost only Billion has contributed to the bankrupting of the US government, to the social detriment of Americans suffering from the greater economic collapse. Joseph Stiglitz, a Nobel Prize winner in Economics, recently wrote, “There is no question that the Iraq war added substantially to the federal debt. This was the first time in American history that the government cut taxes as it went to war. The result: a war completely funded by borrowing” ( 3 ).
Elected Republicans have not voiced an interest in following government data, economist’s advice or a desire to empathize with Americans most in need of financial relief. The Congressional Budget Office cites jobless aid as key to boosting the economy through greater consumer spending, and data shows job aid extensions reduced the nation’s poverty rate down 7 points to 14.3 from 15.4 percent last year (9). In addition, American workers are working longer and more efficiently, as employee output per hour rose 2.3 percent annually (9). Rather than listen to reason, Republican lawmakers have no qualms about funding trillions of dollars for bank bailouts and 10 year wars, yet block assistance for American workers citing deficit concerns, while hypocritically advocating deficit-increasing tax cuts during a time of war. Tax cuts that disproportionately enrich the wealthiest individuals and largest private corporations will not create more jobs or feed an impoverished American family, but will likely guarantee another record profitable quarter for private corporations.
(1)http://www.nytimes.com/2010/11/24/business/economy/24econ.html?partner=rss&emc=rss
(2) www.economicpopulist.org/content/unemployment-96-august-2010
( 3, 4 ) www.washingtonpost.com/wp-dyn/content/article/2010/09/03/…, costofwar.com/
(5) www.businessweek.com/news/2010-12-01/revised-deficit-plan…
(5.5) money.cnn.com/2010/12/01/news/economy/fed_reserve_data_re…
(6) firstread.msnbc.msn.com/_news/2010/12/01/5559969-gop-to-b…
(7) www.npr.org/2010/12/01/131713002/millions-to-lose-unemplo…
(8) www.presstv.ir/detail/153371.html
(9) www.bloomberg.com/news/2010-12-01/aid-to-u-s-unemployed-b…
Europe races to secure Greek debt relief
BRUSSELS: Europe raced yesterday to seal a massive debt relief program for Greece after EU leaders set a weekend deadline for a last-chance bailout to save the country from financial collapse. European Union president Herman Van Rompuy called for a …
Read more on Kuwait Times
Jersey plans to ban vulture funds from using courts
Senator Ian Gorst said the decision came after a public consultation that saw responses from organisations including the United Nations. It would limit practices that could undermine debt relief efforts. The fundholders buy up debts of poor nations …
Read more on BBC News
Student loan debt relief is available
In my experience at Customer Service Advocates, I have had many clients walk through my door asking for relief on specific financial debacles. Most recently, I have had several clients come in seeking control of their student loan debt.
Read more on San Antonio Express