Fighting Abusive Debt Collectors at the State Level When a debt collection agency steps over the line, the law most often used to combat the problem is the federal Fair Debt Collection Practices Act. The FDCPA enumerates the behaviors that are unacceptable - practices such as calling late at night or early in the morning, harassing consumers at their places of employment, and threatening people with arrest. The law is a good one, in that...more
Nigeria Sovereign Debt Rating: A "Junk Status" Could Prove Devastating For the Economy Charles MalizeNigeria's economy seems to give the impression of a nation that lacks direction and is swimming in circles. Nigeria's rating with the London based credit rating agency Fitch stands at BB- (or three notches into "junk"). Fitch recently revised the country's outlook from stable to negative that could translate to - below investment...more
The A-Z Of Good Personal Finance We learnt how to add, subtract, multiply and divide, and even how to work out complicated trigonometry and calculus problems. We learnt about different chemicals and gases, the laws of Physics, and the secret of all living things. We learnt history and geography and even civics. What we did not learn however was how to live within our means, how to apply simple Math to our daily lives, and how to avoid accumulating huge mountains of debt that ruin our peace of mind and boost stress. So today, here's a lesson for you, one that will hopefully make you a better manager of money, and one that teaches the A-Z of personal finance:Maintain ACCOUNTS of all your expenditure; if you don't, you won't know what you're doing with your money, even if all your expenses are absolutely necessary. I'm not going to tell you prepare a BUDGET but to stick to the one you've prepared. We all know how to draw up one and do so every month; however, when it comes to sticking to it, we fail miserably. This has been said time and again, but it's still worth saying – use CREDIT CARDS wisely; pay your entire balance rather than just the minimum due to avoid...more
When it comes to one name which is making the most rounds amongst the footwear range are the fly London shoes, they are the name which come to everyones mind when it comes to talking about fashion lifestyle. The basic inspiration of these shoes comes precisely from the youth lifestyle because of the simple reason that youth is energetic, fashion...more
Debt Free & Wealthy is Best Time to discuss debt free solutions, but before we do let's try and understand how and why the average household is in danger of being strangled financially because of debt. The current state of the economy plays a big part, but that only speaks of the last 4-5 years. Things were pretty bad way before the...more
The U.S. Takes One Giant Step Toward Monetizing The Debt While the average person finds more frustration than solace attempting to understand the actions of the Federal Government and its effects on the economy, I write this blog post to illuminate the fork in the road we are coming to, and explain the very significant differences in QE2 vs. the first round of quantitative easing (QE1).The term quantitative easing essentially means that our Federal Government is going to purchase certain assets targeted to offer relief from current fiscal pressures to what we will call a designated beneficiary(s). As a parent you engage in this action when you bail out one of your children from a severe financial mess, while encouraging your other children to seek their own solutions to their financial emergencies (your problems are not our problems, but we are pulling for you). QE1 was comprised of many liquidity efforts known by different acronyms but was primarily a governmental act of purchasing $1.25 Trillion of mortgage backed securities and Freddie and Fannie Agency debt.At Alpha Fiduciary, we made a tactical decision to purchase the 20 year treasury index at that time, because...more
Don't Be Overwhelmed: Learn to Settle Debts For Less Than What is Owed When your finances seem to have overtaken your life and you find yourself unable to make your payments each month, before you decide to declare bankruptcy you should...more
Financial Freedom: Manage Your Personal Finances the Smart Way! Rising consumerism and easy access to credit has given rise to overspending, even by an average income earner. The result has been an increasing number of people caught in a...more
Honest Industry Linens - 5 Very good Factors to Purchase Them We have been celebrating fairtrade fortnight and in particular honest industry linens. But absolutely each day of every week we should be buying such merchandise? Now that most...more
Financial debt Settlement – Information And Myths About Debt Related Concerns Due to recession many people are facing problems. The debtors are confused how to cope with the economic downfall of their country, but now things have changed;...more
Financial debt Agreement – Obtaining Remedies For the Overwhelming Debt Problem Many people prefer credit card to pay their bills. The use of credit card is so frequent that sometimes the user forgets its limitations. This is how the...more
Financial debt Agreement – How Good Can it be To stay Your own Money owed? It is always good to save money before you start spending. You never know what will be happen in the in the coming days. So many countries are facing economical...more