DebtHelper.com Blog

http://abcnews.go.com/Business/story?id=7727426&page=1 Miamians Owe More to Credit Card Companies Than Anyone in U.S. By LAUREN SHERMANForbes.comJune 2, 2009— Gone are the days when Americans didn’t think twice about splurging on a second pair of Italian-made leather brogues, a flat-screen TV for the bathroom or a new made-to-measure suit for the office. A new bill passed by...

The President signed into law H.R. 627 (“The Credit CARD Act of 2009”) as Public Law 111-024. The law provides, in part: “Section 201(1) IN GENERAL.-Not later than 6 months after the date of enactment of this Act, the Board shall issue guidelines, by rule, in consultation with the Secretary of the Treasury, for the...

Divorce = Debt. Tips & Tricks You Need To Know By JENNIFER LANE Yes, I used to work for the dark side as a collection agent. As a former insider I know what pushes collectors into giving you the best deal. There are a few simple rules to playing the collector’s game, and you will...

Relief is on the way – but at a price. The Credit Cardholders’ Bill of Rights Act of 2009 has landed on President Obama’s desk after passing the House Wednesday. When signed into law, it will affect the pocketbook of every man, woman – and yes, teenager – who uses credit cards, only to find...