From How to Get Out of Debt

This little gem is for all the people that think scams, suckers, flimflams, and cons are something recently invented. They most certainly are not. Here is an interesting book from 1916 titled: From the preface: There is an almost universal desire in all of us to have ”lots of money.” The desire to get it [...]

Read the full article at GetOutOfDebt.org, click here: Fishing for Suckers. Easy Money. How to Find People Willing to Part With Their Money.

From How to Get Out of Debt

At ByDesign Financial Solutions, a debt-counseling service in Modesto, Calif., they’re working overtime these days. “Our call volume went up 97% in the past five weeks, which has left us scrambling,” says Martha Lucey, president of the nonprofit agency. “[The callers] are close to the max on their credit cards, and they just can’t figure [...]

Read the full article at GetOutOfDebt.org, click here: Surviving With Less Credit

From How to Get Out of Debt

It's tough all over -- and not just in the United States. In India, where revolving credit is still relatively new, consumers are struggling under the weight of crushing consumer debt, according to a story in the Wall Street Journal this morning. But it's not just Indian consumers who are suffering. The banks that handed out this easy money are being hammered as well. Indeed, card companies that

Read the full article at GetOutOfDebt.org, click here: New Indian Middle Class Gets Caught In the Whirlwind of Revolving Credit