Blog

Considering co-signing for a loan? Well, consider it again.

Okay, your 20-year-old son just asked you to co-sign for his new truck. Without your signature the loan will be denied, he will be forced to take the bus to work, he will more than likely loose his job, and he will be forced to move back in with you thereby ruining...

Credit Card No-No’s

Lets face it, you need credit cards in this day and age. You want to rent a car or place a reservation for a hotel? You’ll need a credit card. Cash is quickly becoming a dinosaur and some places refuse to even accept cash. So, if you don’t already have one, get one....

Asset Acceptance fined $2.5 Million

I’ve never been one to say “I told you so” but…..okay maybe I am. I told you so. In a recent blog, I talked about the debt collectors and their “shady” collection methods. Well it appears as though the government may be tired of their shenanigans as well. On Monday,...

Debt collectors offering credit cards?

It’s true. Debt collector’s schemes seem to change from time to time. When the public begins to realize what they are doing, they fold up shop and begin with some new scam. The current scam?  Offering credit cards! How does it work? Well, suppose that the statute of...

Hostess Brands, Inc. plans to file bankruptcy.

Noooooo! Not my twinkies! Say it isn’t so. How can this be? My monthly allowance for cupcakes and twinkies alone should be able to financially prop up any major corporation! But alas, Hostess Brands, Inc. has fallen over $860 million in debt and now, for the second...

Bankruptcy – Facts vs. Fiction

For generations, bankruptcy has been considered to be a big bad monster, forbidden and taboo… However, with an average of over 1.5 million bankrupcty cases filed per year, the stigma of filing for bankruptcy has considerably lessened. Chances are, someone close to you...