From How to Get Out of Debt

Banks and credit card companies are exploiting obscure legal powers to seize the homes of thousands of people who cannot pay their credit card bills. In some cases, people owing as little as £1,000 have been served with charging orders – the legal instrument enabling a creditor to order the sale of a property. The [...]

Read the full article at GetOutOfDebt.org, click here: Banks in the UK Force The Sale of Homes Over Credit Card Debts

From How to Get Out of Debt

Ariel wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: I Have Eleven Cards I Want to Close Some But Should I? – Ariel

From How to Get Out of Debt

Store cards in good times are a good source of profit with their exceptionally high interest rates but in down times they can be an anchor around profits. Not only are store cards generally easier to acquire by people with lesser credit but they are often the first to go unpaid when there isn’t enough [...]

Read the full article at GetOutOfDebt.org, click here: More Bad News For Nordstrom and Target Credit Cards

From How to Get Out of Debt

Charlotte wrote to me at GetOutOfDebt.org and asked for free advice and help, which I gladly give. You can write me using the forms on the site. “Steve, I owe nearly $20,000 on a loan, a bunch of credit cards and some store cards as well. I’m 27 and I still live with my parents [...]

Read the full article at GetOutOfDebt.org, click here: Charlotte Writes In, “I’m Desperate To Get Out of Debt”