Three former executives at a New Jersey-based company that is now in bankruptcy are facing charges related to illegally obtaining a credit line for $400 million. The men worked for Transmar Commodity Group Ltd., which was a cocoa trading company headquartered in...
Blog
Month: August 2017
Credit card debt soars to a new high
Credit cards are more common than ever. People use them for everything from online purchases to buying gas at the pump.It may come as no surprise, then, to learn that credit card debt just hit $1.027 trillion, according to the Federal Reserve. That's the highest it's...
3 ways to prevent foreclosure
If you are missing mortgage payments, you might be dreading the thought of foreclosure. With your finances in shambles, the fear of losing your home likely keeps you up at night. While you might feel hopeless, you still have ways to get out from under this. Believe it...
The disadvantages of consolidating student loans with other debt
We've all received those mailings inviting us to consolidate all of our credit card debt into one low-interest credit card or to get a home equity or other loan to consolidate our debts. The temptation to consolidate debts so that you don't have to worry about making...
4 tips for avoiding credit card debt
Credit card debt is a serious problem for many American households. In fact, Bloomberg reported that the end of 2016, Americans held more than $740 billion worth of credit card debt. Credit cards can be extremely useful, but they can also be dangerous...
Take control of overwhelming credit card debt
Credit cards are an important part of how many people make ends meet from one paycheck to another. These credit accounts aren't a huge deal unless the balances get out of control. This is something that can be devastating to your finances.We understand that things...
