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Get Ready For The New Credit Card Rules

Silver Spring, MD – The clock is ticking toward implementation of the Credit Card Accountability Responsibility and Disclosure Act of 2009, commonly referred to as the CARD Act.  On February 22,...

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Ask Your Advocate: Can I Be Taxed On a Canceled Debt?

I had a portion of my debt canceled after working out a debt settlement. A friend of mine said there’s a catch to this arrangement because I’ll have to pay taxes. Is this true? Will I have to pay taxes...

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Lil Wayne’s Young Money to Debut Prepaid Credit Card

The Young Money pre-paid debit card Young Money is all about the cash. Your cash. While it’s not unusual for artists to parlay their success into other ventures, this hip hop super group–led by...

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How Not to Go Broke on Black Friday

Yikes–the holidays are quickly approaching! While you may have just finished carving up pumpkins and dispatching the dentist once the kids finished their candy filled Halloween, others are surely...

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LendStreet Lands $28 Million Funding to Help Consumer Debt

Financial technology and services company, LendStreet, today announced it raised a $28 million facility from Flock Specialty Finance. [Related: Mixle is Like ‘Match.com’ for Business] The additional...

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Debt Collectors Will Now Be Able To Contact You Through Social Media

Debt collectors will have more access to you next year. Consumer Reports reports that a new rule from the Consumer Financial Protection Bureau (CFPB) will allow debt collectors to contact consumers by...

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7 Actionable Steps I Took to Get Out of Debt, Save $10K, and Get My Credit...

Being in debt is not fun. I would put being in debt in the same category as low self-esteem, hating on yourself, cheating on your partner and lying. I was drowning in $20,000 of debt with only $5.08 in...

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