Archive for February, 2009

Default payday loan - can I get arrested on this charge?

Can I get arrested for default of payday loan? I don’t think so. I haven’t heard anyone getting arrested due to default of payday loan. But there are certain things that you should know which can help you in dealing with the payday loans. Payday loans are regulated by the payday loan laws of the state. Please [ READ MORE ]

Economic Stimulus Plan of Obama - how is it going to affect you?

Right from the day I heard about the Economic Stimulus Plan of President Obama, a question was popping up in my mind – is it going to help Americans? How? To understand the efficacy of the Obama Economic Stimulus Plan, we have to understand the rationale behind it. Economic stimulus - what is it? Is it necessary? According [ READ MORE ]

US financial crisis led to economic recession - a short analysis

What are the reasons due to which we are in such a position? Let us analyze the problems which led our economy to this situation. Main reason behind current US economic crisis is our over dependence on credit. Growth in US economy during the 1990s was mainly due to credit driven consumption by American people. Economic [ READ MORE ]

Best Debt Settlement Companies - How to choose the best out of the lot?

There are many Debt Settlement companies in USA. But only a few are good ones. Now, how can you find the best out of the lot which can effectively get you out of debt? Here are some basic checklists that can help you to select the best debt settlement company among many. Accreditations from [ READ MORE ]

If you win some contest and get some extra cash from prize money then what will you do with it?

Question of the Month: Question of the Month is yet another effort by the debtcc team to enhance the community knowledge bank. It’s a monthly contest and every month a challenging question will be thrown before the members for responses. The best answer will be chosen collectively at the end of the month by the [ READ MORE ]