Credit Card ads are worse and more harmful to the US populace than the cigarette ads of the 50's and 60's.

We have credit cards that are running (every time you use your credit cards you have a chance of being rich) lotteries

Rewards and cash back that do not come close to covering the finance charge and the best one is using cash and you stop the flow of progress and are looked on as an idiot.

Credit card ads should be outlawed the same as cigarettes and hard liquor. Let's put that on the agenda for a debt free America. [Read More!]

Just this morning I spoke with some one who contacted me about their Debts ..both Secured (home mortgage) and Unsecured debt (credit cards) after they had received and reviewed the services/solutions that I offer. We had a lengthy conversation. More or less this person said that ultimately, facing an impossible financial situation they just might walk away from this mountain of debt. Yes, we see the decision to walk away from debt being taken by many American families. As much as they understand (right or wrong) that they have made a moral obligation to pay their debts, it is their choice to do the immoral thing and walk away. But the point of this writing is a question... What are the COSTS of Walking Away from unbearable Financial and Moral DEBT?

[Read More!]