2023 Infographic full of charts, graphs and data to understand the demographics of finances

Demographics of Debt

By Bill Fay | November 7, 2012

The famed patriot Patrick Henry proclaimed “Give me liberty … or give me death!” at America’s founding. As the country emerges from the COVID-19 pandemic, Americans’ motto has changed to…

Greece and Euro

Greece’s Economic Turmoil Could Foreshadow Problems in U.S.

By Bill Fay | November 5, 2012

As millions of Americans head to the polls tomorrow to exercise their democratic right to vote, a host of issues will be on the forefront. Riddled with facts and figures…

Job Hunt

New Jobs Report Says More Hiring in October

By Bill Fay | November 1, 2012

Private sector hiring increased in October as the total unemployment claims, including first-time unemployment benefit claims, fell slightly again, market analysts said. According to the payroll processor ADP, private employers…

Richard Cordray image

New Federal Oversight Coming for Debt Collectors

By Bill Fay | October 25, 2012

The Consumer Financial Protection Bureau (CEPB) continues to flex its administrative muscles. Beginning in January, the year-old federal agency created in the wake of the recent financial crisis will begin…


Consumer Debt an Issue in 2012 U.S. Presidential Campaign

By Bill Fay | October 10, 2012

Consumer debt is quickly becoming one of the biggest issues in the 2012 presidential election. While standard concerns such as national defense, immigration and abortion continue to get their fair…


Why Democrats and Republicans Are Both to Blame for National Debt

By Bill Fay | October 1, 2012

Since the Great Depression, Democrats and Republicans have defined themselves as the new version of Santa Claus. Saint Nick brings wonderful things to children for free. There’s no cost. When…

3D Render of puzzle like U.S model with weight on top labeled "DEBT"

Learn About the National Debt

By Bill Fay | September 27, 2012

When a government or organization spends more money than it has available, a deficit is created. In some cases, a government may borrow money to fill the deficit. This borrowing…

us cost of iraq war

War Debt: America’s Cost of Going to War

By Katherine Pilnick | September 26, 2012

Wars throughout history have racked up debts for the countries involved. In the United States, conflicts tend to lead to the rise of both debt and taxes as the government…

Credit Cards in Wallet

Consumer Protection Group Earns Victory Amid Legal Challenges

By Bill Fay | September 25, 2012

A new federal agency aimed at enforcing consumer finance laws tangled with its second high-profile target since opening its doors less than two years ago.   The Consumer Financial Protection…

Photo of downtown Detroit, Michigan, USA skyline near sunset

Debt Relief Options in Michigan

By Bill Fay | September 20, 2012

Debt Relief Programs in Michigan For the residents of the Great Lake State there are a number of different banks, credit unions, online lenders, and debt-relief companies (for profit and…