Posts Tagged ‘news’
The rising appetite for investment among Kenyans has seen an upsurge in the number of people taking up loans. This, coupled with the ease at which banks are giving out money, is raising concern over whether Kenyans are slowly pushing themselves into debt traps. This is happening despite increased awareness on the merits and dangers of taking a loan. Wanjiru Gaitho reports.
Duration : 0:1:50
http://www.cambridge-credit.org — Since the start of the recession in 2007, the Better Business Bureau reports that it has received more than 3,500 complaints regarding the debt-settlement industry, reinforcing the unfortunate fact that many people who seek assistance from debt-settlement companies never receive the services they so desperately require. Common among those complaints were stories of individuals who wound up deeper in debt, or who faced lawsuits for failure to make their scheduled payments. In an effort to protect consumers from unscrupulous debt settlement firms, the FTC recently introduced groundbreaking new rules to govern the industry’s practices. In announcing the regulations, FTC Chairman Jon Leibowitz and Vice President Joe Biden noted that many debt-settlement companies use “a business model based on deceit,” and pledged to enforce the new rules aggressively. Watch this week’s webisode from Cambridge Credit Counseling Corp. to learn more. Host: President and CEO Christopher Viale.
Duration : 0:6:17
An Atlantic Debt Management Plan or DMP is designed to take the financial pressure off you and your family by allowing us to act as your confidential debt advisor. We will also negotiate with all of your unsecured creditors, with immediate results.
• We notify your creditors as soon as we have your authority and account details
• We consolidate your unsecured debts into one affordable monthly payment
• We reduce or freeze interest and charges in the majority of cases
• You have an experienced Personal Case Manager for the duration of your debt solution
• We stop your creditor and debt collectors chasing you and
• We allow you to regain control of your finances
So, you might be thinking how does a debt management Plan work for me? Well, it’s an agreement negotiated by us between you and the creditors you owe money to. We work out one monthly payment that you can reasonably afford, which will be distributed fairly to all your unsecured creditors. With a DMP you are, in effect, making a new promise to repay your debts in full.
As licensed debt adjusters Atlantic can fully manage your Debt Management Plan for you, handling all future contact with your creditors and managing your monthly payments to them, or their appointed debt collector. There are costs involved, we charge an affordable set-up fee and, once you have started your DMP, a monthly management fee that is deducted from the disposable income that represents your monthly payment to us.
We can also, sometimes, negotiate full and final settlements with some of your creditors, where there are changes in your circumstances. And this might mean you could write off some of your outstanding debt.
Duration : 0:1:39
Sanyika Calloway Boyce’s appearance on “In the Loop with iVillage”
Duration : 0:6:35
WWLP Springfield, MA interviews Christopher Viale, President and CEO of Cambridge Credit Counseling Corp., about a new study which examines how much credit card debt the American consumer carries.
Duration : 0:1:52
More than a million people in the UK take on in excess of £1,000 of debt on their credit cards each month, edging them ever closer to needing an IVA.
Duration : 0:0:48
The average American household bears thousands of dollars in debt. We spend more than we earn, and then find ourselves in trouble. Trish Regan reports.
Duration : 0:2:0
In a last resort to cling onto power at Liverpool FC, Co-Owner Tom Hicks is forced to consult The Debt Collective about consolidating his loans…
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Duration : 0:1:42
Reporter Mark Huffman urges caution when considering a credit counselor
Duration : 0:1:1
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The scammers are trying to scare you into using a credit card
http://www.kiplinger.com/magazine/archives/2009/11/debit-card.html
Joan GoldWasser
jgoldwasser@kiplinger.com
Questions for Joan:
What happens if Im late when I use my credit card?
What if I spend more than I can pay off?
If I pay for things with the money I have, do I still get to have the banks financially rape me with interest and fees?
Dollar
http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481&show_article=1
The dollar is being dumped right in front of our eyes
http://bloomberg.com/apps/news?pid=20601087&sid=aA6_py_71g_o
Fundamentals for our economy are getting even worse
http://www.usatoday.com/money/economy/2009-10-11-consumer-spending_N.htm
The truth
http://globaleconomicanalysis.blogspot.com/2009/10/precipitous-drop-in-state-tax.html
youtube.com/user/Victoryindependence
Stocks
Silver
youtube.com/user/stellaconcepts
Economic data and let off some steam 
youtube.com/user/walstreetpro2
Economic updates
youtube.com/user/Kittenkattan
Economic updates
youtube.com/user/davincij15
Raw News that the media wont touch
youtube.com/user/inflationus
Economic updates
youtube.com/user/DEMCAD
macro-economic updates (INFLATION)
youtube.com/user/jberni1
Duration : 0:5:44