Archive for July, 2009

Hey everyone, I decided it would be a great idea to post up the latest news from Google so here it is…

Take stimulus money, then closely monitor its use

Purchasing luxury items when you don't have the money is bad. Going into debt to take out an affordable mortgage and I stress affordable is not bad debt …  Read More…

Siam City Bank plans to cut bad debt in Q3

Due to the gloomy Read the rest of this entry

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How can I get a bad debt and public records notice taken off my credit report?

It is an $862 hospital bill that they tried to collect through the courts. I was unemployed at the time and had an emergency and now I am stuck with it until 2011. I was told that the bad repot would not be deleted even if I paid the bill which is what I preferred to do. I'm not sure why a non-profit hospital would do Read the rest of this entry

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How many years is bad debt becomes void on a loan?

7 in the UK.

Do not acknowledge the debt because if you do it can 'reset the clock'.

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What Happens When A Credit Card Company Puts A “Charge Off As Bad Debt” On Your Credit Report?

Does this mean the credit card company has lost that money or do they get their money from being insured again loss? Do they take it as a write off on their taxes? We got a “Charge Off As Bad Debt” on a credit card on our credit report but they still want to sue us for about $1700 more! The card had a $2000 Read the rest of this entry

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Recently, there has been an increase in the bad debt consolidation loan which are quite beneficial for assisting the ones in need during the emergent financial crisis. This consolidation plan is specifically meant for those borrowers who have bad credit records and are not able to get financial aid from other leading institutes due to this very reason. Most of the times, the borrowers who have disastrous Read the rest of this entry

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Finance – Debt-Relief EzineArticles

  1. Every American Can Now Erase 50% of Past Due Balances With Their Credit Card Company by Scott Chaflin

    Consumers can erase 50% of their past due debts. Not many Americans know about this.

  2. Consumers Can Now Erase 50% of Their Past Due Balances! by Scott Chaflin

    Last year the average card balance was approximately $10,000 per person. Imagine how much simpler things would be if half your credit card debt Read the rest of this entry

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Good Debt vs. Bad Debt

Good Debt vs. Bad Debt

This article discusses the illusion that there is such as thing as good debt.

I have read numerous books and articles that detail the difference between good debt and bad debt. Television financial experts tell us that debt is not a bad thing. That its all about how you manage debt. We have been taught that good debt is borrowing money to purchase something with the expectation Read the rest of this entry

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Hey everyone, I decided it would be a great idea to post up the latest news from Google so here it is…

Flawed Credit Ratings Reap Profits as Regulators Fail

The CDO market started to crash in mid- 2007, as investors learned the securities were jammed with bad debt. Financial firms around the world have reported …  Read More…

Minor League Report

None of us know, but if he's going to Read the rest of this entry

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When will a bad debt be removed my credit report?

If a bad debt is removed from my credit report because I disputed it, will my credit score with that burea be updated immediatly or will it take time?

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If you are declared as bad debt borrower, it means that you fail to make your repayment of debts on time. Now, you should not worry, because bad debt holder is also human and he can improve his credit score through this loan. You can go for bad debt secured personal loan, which is suitable for you and it will improve your past credit records. This loan is available by placing asset as collateral.

Lender Read the rest of this entry

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