Welcome to Debt Guide
Debt In the BlogOsphere
New Rule Cracks Down On Debt Settlement Industry
NEW YORK — Companies that promise to reduce or eliminate credit card balances and other debt for customers will no longer be allowed to charge an upfront fee. The Federal Trade Commission said Thursday that the new restrictions are a ...
Read more...Joe Minarik: "Good Debt" and "Bad Debt?"
Borrow for "consumption," and you get "bad debt." Borrow for things that increase future economic growth, and that is "good debt." There is no "good" public debt.
Read more...FTC Restricts Debt Settlement Industry « The Washington Independent
Debt settlement companies generally charge consumers a percentage of their debt, often credit-card debt, in exchange for negotiating with lenders on the customers' behalf. Some companies advertise aggressively, promising to cancel half ...
Read more...FTC Rules On Debt Relief Agencies A Good Start | Connecticut Watchdog
These companies offer to help consumers who are struggling with their finances by negotiating lower interest rates, new payment arrangements, or lump-sum debt settlements with their creditors and usually charge most or all of their ...
Read more...FTC cracks down on debt settlement industry | OregonLive.com
Companies that promise to reduce or eliminate credit card balances and other debt for customers will no longer be allowed to charge an upfront fee.
Read more...