Wants Vs. Needs

Understanding the psychology of buying helps us to understand why we make certain selections when purchasing. What is the difference between needing something and wanting something? Our needs are quite limited; however, the list of things we want could be quite unlimited.

Credit Answers Has Been Listed as an Accredited Member of TASC

The Association of Settlement Companies has bestowed Credit Answers with their highest status, accredited membership. Exceeding all standards in the debt settlement industry, Credit Answers stands out as one of the best settlement firms in the country.

Creditors Consider Raising Annual Fees

Although President Barack Obama recently signed a bill geared toward establishing fairer practices by credit agencies, it is not stopping many credit card companies from raising interest rates or incorporating annual fees before the law goes into effect in February, 2010.

Frugal Fun

Being in debt is a setback, but it doesn’t mean that you have to stop enjoying yourself or having fun. If you go back to basics and think outside the box you will discover ways to spend time with others and uplift your spirits while saving for your debt settlement!

Common Questions regarding the Statute of Limitations

The statute of limitations (SOL) is the legal time frame in which debt collectors can file suit on an unpaid debt. SOL varies depending on the type of loan and the state in which you live. The Credit Infocenter web site gives a description of various account categories and a detailed list of the SOL for each state.

Tips To Get Out Of Debt

If cameras were filming you on a daily basis, they may see you lose your temper with a collector. Although persistent collectors may give you reasons to get upset, yelling and screaming may only create more stress for you. Some creditors want to “press your buttons” so you will become annoyed and pay your bill.

Do you have a Spending Personality? pt1

Many people have a primary spending personality that may affect how they use money. J. Grady Cash wrote a book entitled Seven Deadly Money Mistakes in which he identifies seven spending personalities.

Recent Grads Face Bleak Economy pt 1

Recently, many young adults have graduated from college and are getting ready to make the transition from college life to the “real world.” Unfortunately, a recent data report from Demos, a public policy organization, indicates that this generation of young adults may be the first not to surpass the living standards of their parents.