Home > Debt Articles > Debt Consolidation

Debt Consolidation

Do Regulators Treat Debt Relief Companies Unfairly?

Stone Balance

I was just sitting down with a friend in the debt relief industry who leans a lot further right than I do as a liberal lefty. I always enjoy the alternative point of view conversations on topics and that person does always make me smile because of the diverse points of view we often have on the same debt relief ... Read More »

    People Willing to Lose a Limb or Listen to Nickelback to Eliminate Their Debt

    Screen Shot 2015-08-04 at 1.54.56 PM

    Prosper, the online debt consolidation loan lender, recently conducted a pool about how people are looking at or dealing with debt. The big fact that jumped out at me was that nearly 3 percent of respondents would be willing to cut off an arm or a leg to have their debt eliminated. Seriously? Here are the results of the Prosper ... Read More »

      Best Debt Consolidation Loans

      Happy people celebrating with money raining

      Finding a legitimate debt consolidation loan program can be frustrating, depressing and darn near impossible. We’ve all seen the advertisements promising loans for people with bad credit or loans with no credit check. In my experience those companies are often high priced, that is if you actually get a debt consolidation loan and not get ripped off. Many Debt Consolidation ... Read More »

        The Ultimate Debt Consolidation Loan Guide: Getting Approved, Acting Smart, and Being Wise

        loan-approved

        You hear a lot of rubbish online about getting a debt consolidation loan and a lot of just flat out incorrect information. It’s time to put an end to that and help you get the facts so you can make a good educated decision. So here is my guide to help you learn the pros and cons about getting a ... Read More »

          Unsecured Debt Consolidation Loans Like This One Can Help to Get You Out of Debt

          Loans

          I wanted to share with you the story of Will, who decided that an unsecured debt consolidation loan was the best way to deal with his debt situation. Will was kind enough to share his experience and opinions about why he got the debt consolidation loan and his experience getting it. Q: What led you to decide that a debt ... Read More »

            Unsecured Debt Consolidation and Personal Loans Being Handed Out at Record Rates

            Screen Shot 2012-02-02 at 2.48.52 PM

            For those with reasonably good to great credit the idea that the bank is the only place to obtain a debt consolidation loan are just incorrect. For quite some time now I’ve been going on and on about peer-to-peer lending networks like LendingClub.com. Lending Club connects people who want an unsecured debt consolidation loan with small investors that help to ... Read More »

              Keep Your Eyes Open for Debt Consolidation Loan Mailers

              Ready to Collapse

              A tipster (send in your tips here) has advised me of an effort designed to deceive consumers using a mailer for a debt consolidation loan that may or may not be allegedly secured by real estate. If you receive one of these mailers I would be most appreciative if you could forward it to me. Contact information can be found ... Read More »

                Couple Faces Serious Jail Time For Their $25 Million Nationwide Telemarketing Fraud Scam

                Kara Singleton Adams, from Georgia, was found guilty last week on charges of wire fraud, conspiracy, and structuring financial transactions, relating to a $25 million nationwide telemarketing fraud scheme. Already convicted in this scheme are three co-defendants including Adams’ husband, Jason James Eyer, James Adolph Schoenholz, and Brittany Dunphy. All three pleaded guilty to related charges before Adams’ trial and ... Read More »

                  Wanna Know a Secret About the Debt Relief Industry?

                  Ready to Collapse

                  As modern and clever as we might feel here on the bleeding edge of history there is one cold hard fact I can’t ignore, these are still the dark ages of the debt relief industry. Let’s just take a broad look at the current state of affairs: Nonprofit Credit Counselors: The credit counseling world is as tied to creditors and ... Read More »

                    Ready for Zero Launches New Free Service to Help Lending Club Investors

                    ReadyForZero

                    The thing I love about ReadyForZero.com is that it is painfully simple to use to help reduce your credit card debt, or at least to give you a plan on how to do it, for free. Now the brainiacs at ReadyForZero.com have spread their free love with expanding their service to assist people looking for debt consolidation or other loans ... Read More »

                      The Best Day of the Week to Apply for a Debt Consolidation Loan

                      Ready to Collapse

                      You know how sometimes you start wondering about odd stuff. Granted sometimes it’s things like, “How do they get the cream filling in a Twinkie?” Well recently I was curious what day of the week most people apply for a debt consolidation loan. I know, I’m odd that way. In the debt world there are typical patterns. Usually Monday, Tuesday, ... Read More »

                        LendingClub.com Cheap Debt Consolidation Loans Now Available to NC Residents

                        Lending Club Borrowers

                        Well it appears that LendingClub.com has added a new state to their list of places they can help borrowers in. LendingClub just announced that loans can now be made in North Carolina. Now normally the thought of talking gleefully about debt consolidation loans would seem like a strange statement for me to make but LendingClub is the exception to the ... Read More »

                          How Do You Value Your Quality of Life? Debt Solutions to Fix The Future

                          Photo Credit: Cayusa

                          Debt doesn’t just affect the people actually in debt, it often affects the ones around them, near and dear to them. I know this from first hand experience as someone who has loved and lived with someone so deep in debt they could not see a way out. Not only is the emotional toll hard on the debtor but also ... Read More »

                            I Just Invested in 34 Debt Consolidation Loans. Do You Know Anybody That Needs One?

                            Lending Club June 2010

                            I’ve talked a lot about LendingClub.com and I just logged on this month and helped to fund 34 new loan requests. As of right now, 61.45% of all loan requests are for debt consolidation loans and LendingClub.com has issues $138 Million in loans. It is the one resource I know where you can get below market rates for unsecured debt ... Read More »

                              How to Shop for a Good Debt Management Program

                              Ready to Collapse

                              You deserve to feel completely certain that you’ve picked the best organization to help you solve your financial issues. We’ve prepared this list of questions to help you find the right organization to represent you. 1. Will You Send Me Information About Your Organization and Programs? A credit counseling organization should be willing to give you information about its programs ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                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.

                                I promise to keep your email safe and secure.