Credit Card Debt vs Student Loan Debt

Student Loan Debt vs. Credit Card Debt: Which Should I Pay Off?

Facing student loan debt and credit card debt Q: I graduated with my degree last year, but I’m in a world of debt. Right now I have $22,000 in subsidized Stafford student loan debt, and $17,000 in credit card debt from covering what FAFSA, SNAP, and a part time job didn’t. My current income is […]

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Perfumania Files for Bankruptcy

Perfumania Files for Bankruptcy

The long, slow death of the American mall continues as Perfumania files for bankruptcy. Retailer Perfumania has filed for a Chapter 11 bankruptcy, joining a long parade of former shopping mall stalwarts that have headed for the exits. Behind the death of the shopping mall is the simple fact that there are not enough feet […]

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Americans in Credit Card Debt?

Why are Americans in Credit Card Debt?

You can’t really say that Americans have ever been out of credit card debt. Both before and after the recession credit card use has become a fact of life. While consumers continue to prefer debit cards for smaller purchases, the average household credit card debt continues to grow. There are number of factors behind this, […]

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722 Redemption

Keeping Your Vehicle with a 722 Redemption

There are lots of reasons that people don’t file for bankruptcy. Many times, they don’t even really understand how bankruptcy works to free them of their debts and give them a fresh start. One of the biggest reasons I found that people don’t file for bankruptcy is because they are afraid to lose their car. […]

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How to Handle Debt After Hurricane Irma

Many residents are still trying to figure out how to get groceries for their families, much less how to get to work or handle credit card payments. Small business owners are going through similar plights, trying to figure out how to allow their employees to come back to work after suffering hundreds of thousands of dollars of damage to their properties.

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Can a Credit Card Company Sue You?

Q: I am not sure if I am being scammed or not, but I got served with a lawsuit this past week. It’s for a delinquent credit card debt that I do owe, but it seems to say that the credit card company itself is suing me. It’s a moot point, as I’m so broke that I’m moving back to Tampa to live with my parents. Can a credit card company sue you?

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Getting in Over Your Head With Fantasy Football Debt?

If you work in an office, frequent sports bars or peruse sports related websites then you’re well aware of America’s second favorite past-time. Fantasy Football started as an Internet-based fan activity that has ballooned from its humble days on YahooGroups and Usenet into a multimillion dollar industry.

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National Collegiate Trusts Gets Served

New York’s Attorney General, Eric Schneiderman, issued subpoenas on Wednesday, August 16 seeking information from National Collegiate Student Loan Trusts. I’ve covered National Collegiate Trust periodically in this blog, but this may be the opening salvo that gets other states attorneys general off the fence and into the fight.

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