It's a common but difficult problem. If someone co-signs for a credit card or other loan for someone else, and if the person defaults on the account, then the co-signer become primarily responsible just like the original borrower. But what if the original borrower...
Freedom And Hope Are On The Horizon
Month: July 2013
How to stop increasing credit card debt
For many California consumers, high levels of credit card debt have led to a debilitating financial scenario. Once the balances have grown to a certain level, it becomes incredibly difficult to find a way to pay them down to more manageable levels. Factor in rising...
California Attorney General probes credit card debt collectors
Debt collectors will do just about anything in order to collect the debts which they believe are owed to them. Many times this even includes fraudulent and deceptive practices, many of which are against the law. This has led many state regulators to ramp up their...
Debt relief can secure retirement savings
Living the American dream is what most California residents strive to attain. After dedicated years in the workforce, people expect to one day retire comfortably from the fruits of their labor. However, along the path to success people are bound to accumulate debt. It...