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Consumer Debt Articles

Hasta la Vista Northern Rock

Steve RhodeSep 17, 20074 min read

Word on the street today is picking Northern Rock (LON:NRK) for a fall. Despite the UK government’s vote of confidence and the Bank of England’s quick assurances that they would step in with an emergency loan to help the bank,…

The Ticking Time Bomb Inside The American Foreclosure Crisis

Steve RhodeSep 10, 20073 min read

Headlines and stories on the evening news frequently mention the growing foreclosure crisis in the US. Over the recent years, lenders have been giving out money, like it was water, and much of it to people that are not prime…