The Latest Debt & Finance Blog

Young male student with glasses holding multiple credit cards looking stressed about his climbing debt

U.S. College Students Consumed by Credit Card Debt

By Bill Fay | July 2, 2012

The results are troubling for economists. In a country riddled with consumer debt — the next generation of American consumers, college students, seem to be following in their parents’ footsteps,…

2 Happy People

Credit Agency: Some Mortgage Modification Strategies Better than Others

By Bill Fay | July 2, 2012

Fallout from the collapse of the U.S. housing market is ongoing, and consumers are only now beginning to learn the effectiveness of various mortgage modification strategies that they used after…

Veterans struggle with debt

Veterans Struggle as Much as Other Americans when Wrestling Debt

By Bill Fay | July 2, 2012

Veterans and active duty service members of the U.S. military and their families are struggling as much as everyone else in America with substantial financial problems in the wake of…

Student Loan Application

Congress Steps Up, Keeps Stafford Loan Rates at 3.4 percent

By Bill Fay | July 2, 2012

It came down to the wire, but Congress finally voted to help out millions of current and former college students who have accumulated up to $1 trillion in student loans.…