(EndOfTheAmericanDream.com) When most people think about America’s debt problem, they think of the debt of the federal government. But that is only part of the story. The sad truth is that debt slavery has become a way of life for tens of millions of American families. Over the past several decades, most Americans have willingly [...]
Archive for the ‘Credit Card Debt’ Category
Debt Slavery: 30 Facts About Debt In America That Will Blow Your Mind
February 12th, 2012 
Elisheva Wiriaatmadja 
Posted in 
How Do Banks Make Money Without Lending?
October 2nd, 2011 Elisheva Wiriaatmadja Currently we hear a lot how banks are cutting spending and laying off people. However, we still hear how they are still investing in businesses. But where do they invest? And how do they make money without lending?
Consumer Debt Reverses Downward Trend
May 24th, 2011 Elisheva Wiriaatmadja The total of all consumer debt has been steadily decreasing over the past two years—it was down 8.2% from its peak in 2008. But a new report released by the Federal Reserve Bank of New York, based on a survey of a nationally representative random sample from Equifax Inc., could suggest otherwise. The report shows [...]
Tags: Taking Advantage of Over 12 Months 0% Balance Transfers to Get Rid of Credit Card Debts
April 18th, 2011 Elisheva Wiriaatmadja To help credit card owners to repay their credit card debt, credit card issuers are introducing new and better deals constantly. Now more than ever is a great time for consumers looking to transfer outstanding balances and save money on interest rates and maybe even fees as well. Already in the month of April, the [...]
