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Amount of debt matters little compared to ability to pay those debts

Amount of debt matters little compared to ability to pay those debts

Debt Management for Everyone
When it comes to debt management it is more about your actual ability to pay the debt than the amount of debt you hold. There are debt management plans for those in any debt tier.
What is a debt management plan?
A debt management …

NAACP accuses HSBC and Wells Fargo of discrimination

The NAACP has planned to file a class action law suit against Wells Fargo and HSBC claiming they gave better loans to whites with the same qualifications (income, credit score, etc) as blacks.
Austin Tighe, co-lead counsel for the NAACP, told the Associated Press that black …

After $700 billion, guess who’s lending

GMAC, the primary lender for GM is offering zero percent financing on some GM models for the next couple of weeks. After getting $5 billion from the bailout plan, it plans on taking the money and actually lending it to consumers to buy cars from …

Credit cards…we need some form of credit.

Every night I watch the news…and every night they say credit cards are bad. But, are credit cards bad?
Well, as long as you are being responsible with your spending and paying off the balance, not just the insane interest rates, credit cards offer several …