How To Avoid Bankruptcy Filing for bankruptcy is an extreme move, not a quick fix It's a long, painful process with a huge stigma, and you're unlikely to be able to get any kind of credit for ten years afterwards Yet bankruptcies are on the rise Out of ignorance or stupidity, more and more people seem to be using bankruptcy as a first option, instead of a last resort Before you do it, make sure you've considered every alternative Have You ...

Why Do People Borrow? "Do you often wonder why people borrow? Have you always done everything in your power to keep "borrowing" and "debt" at an arm's length? Do you for some reason feel there is still an element of stigma attached to being in debt? Well, times have changed Borrowing money is no longer something people are embarrassed about or consider only as a last resort It has become a way of life for millions of people around the world, enabling them to survive times of ...

Need A Credit Card? No Problem And That's The Problem Need a credit card? No problem! And that's exactly the problem In a nation where instant gratification is touted as a virtue, credit is available to anyone no matter what their credit history This is causing personal and financial problems for many consumers who abuse the easy availability of credit and find themselves unable to pay back their loans There was a time in history when extensive credit was available only to the aristocracy, and debt carried ...