Latest Posts
Home > Debt Articles > Economy (page 2)

Economy

Congress Holds Hearing on Financial Literacy

Gayle Voyles 1

The Honorable Dennis McKinney, Treasurer, State of Kansas U.S. House of Representatives Committee on Financial Services Subcommittee on Oversight and Investigations Representative Moore, Chairman August 24, 2010 Testimony by Kansas State Treasurer Dennis McKinney Good morning Chairman. As Kansas State Treasurer, I believe financial literacy is a national priority. As a result, my office provides a variety of financial literacy ... Read More »

AutoTune the Bankers: The Gregory Brothers Strike Again

justball-144x125

I was wondering when I’d get a chance to feature The Gregory Brothers on the site. It is a wonderful day. Here is one of their latest songs entitled: Bankers’ Song – We Didn’t See It Comin Read More »

GAO Takes Closer Look at Home Loan Modification Scams

The Government Accountability Office (GAO) comprised a report, Homeownership Preservation: Federal Efforts to Combat Foreclosure Rescue Schemes Are Under Way, but Improved Planning Elements Could Enhance Progress, based on “information available to federal and state agencies and nonprofit organizations, such as consumer complaints and the number of enforcement actions.” The report revealed two predominant schemes in this day and age ... Read More »

Are Humans Innately Risky With Money? Or Is It All Just Monkey Business?

justball-144x125

Today I bring to you a video from the TEDGlobal 2010 (TED, standing for, Technology, Entertainment and Design, is a small nonprofit devoted to “Ideas Worth Spreading”) in Oxford, England entitled “A monkey economy as irrational as ours”. I will be the first to admit, when I see a video that is just shy of 20 minutes in length, I ... Read More »

America’s 35 Hardest Economically Hit Cities

America's 35 Hardest Hit Cities

Nice infographic from BillShrink that helps to show the hardest hit American cities during this economic crunch. Get Out of Debt Guy – Twitter, G+, Facebook Read More »

Business Noticing Increase in Credit Card Purchases. Not a Good Sign.

justball-144x125

Business noticing increase in credit card purchases Bay News 9, FL - 1 hour ago Americans now owe an estimated $850 billion in credit card debt , which is four times as much as in 1990. Consumers aren't the only ones affected by the ... Read More »

Indiana, Michigan, and Kentucky – Worst Places for Auto Loans in 2010

justball-144x125

TransUnion released its annual auto loan forecast today indicating national auto loan delinquencies (the ratio of borrowers 60 or more days past due) will increase approximately 7 percent at the end of 2010 to 0.92 percent from an expected 0.86 percent at the conclusion of 2009. Only one state – California – is expected to see a decline in auto ... Read More »

Your Credit is Riskiest if You Live in Mississippi or Texas.

justball-144x125

The TransUnion Credit Risk Index, a statistic developed to measure the changes in average consumer credit risk within various geographies, increased 1.98 percent from 124.79 in the fourth quarter of 2008 to 127.26 in the first quarter of 2009. On a year-over-year basis, the Credit Risk Index increased 7.10 percent (from 118.83 in the first quarter of 2008), the largest ... Read More »

Car Loans Falling Further Behind

justball-144x125

TransUnion.com released today the results of its analysis of trends in the auto lending industry for the third quarter of 2009. The report is part of an ongoing series of quarterly consumer lending sector analyses focusing on credit card, auto loan and mortgage data available on TransUnion’s Web site www.transunion.com/trenddata. Information for this analysis is culled quarterly from approximately 27 ... Read More »

Even Rich Kids Need to Learn How to Handle Money in a Bad Economy

justball-144x125

In uncertain economic times, money troubles and worries are not limited to middle class incomes and lower, even the high flying richy rich families and parents are worried about how to pass on good messages and education about making ends meet. But the rich and the not-so-rich do have something in common this summer: worrying about their children’s financial future. ... Read More »

My Upcoming Economic Tour to Visit America in Trouble

justball-144x125

Pam and I are going to set off on a tour of places that have been hard hit by unemployment, foreclosure, or bankruptcy. It looks like we’ll be on the road in August and just observing and recording as we go. Years ago I did a cross country tour of America to interview people about their credit and debt concerns. ... Read More »

Thirty Five Years Latter And Been There Before

justball-144x125

The Elkhart Project that MSNBC is working on managed to resurrect some news stories from 1973 and I just watched them. It is frighteningly uncanny how they mirror the messages that we are all dealing with today on getting by, job loss, foreclosure, and repossession. A good reminder that while times feel grim right now, that the economy moves in ... Read More »

The Elkhart Project – Putting Faces on Debt

justball-144x125

I saw a tweet from @newmediajim about an interesting project between MSNBC and The Elkhart Truth. These two news organizations are going to provide long-term coverage on the city of Elkhart, Ind. to provide perspective on the national recession. It is a great idea and another interesting media sharing project to help media outlets share costs and overhead while delivering ... Read More »

My Visit to the Local Food Bank to Learn About How to Feed the Hungry

Zemanta Related Posts Thumbnail

So where do you turn when you are hungry and can’t afford to feed yourself or your family? Maybe a food bank is something to investigate. This morning I had the pleasure of visiting the Food Bank of Central & Eastern North Carolina in Raleigh. Christy, an exuberant representative, gave me the grand tour of the facility and helped me ... Read More »

My Friend and Fellow Motorcycle Rider is Worried About Getting Laid Off

justball-144x125

The economic blues are hitting more and more people. I just learned that a friend of mine who works at a Bridgestone tire plant is on the bubble for the next wave of layoffs. My friend and fellow Suzuki Burgman rider is known as the Smyrna Cowboy and he publishes a regular vlog on riding and life. And by the ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.