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Dealing With Debt
 
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Lending 'Love Money' Can Leave You Broke - Beware Helping Family Or Friends That Are Struggling With Household Debt

Kim knows all about "love money." That's borrowing from family and friends, when tough times hit.

Death By Plastic - Plenty Of Credit Line To Hang Yourself
By Garry Marr | Published 07/5/2008 | Dealing With Debt , Money Management |

Yippee! My MasterCard credit limit has been extended to $34,400, and I didn't even ask for the increase.

Consider: I can transfer any account balances to my MasterCard for a nominal interest rate of .054767%. Sounds cheap except for the fact it is 19.99% on an annualized basis. I get the same low rate for purchases.

'I Am Not A Deadbeat' - GM Worker Harassed By Collection Agency
By Linda Leatherdale, Toronto Sun | Published 06/8/2008 | Dealing With Debt |

It's enough to make a grown man cry. And it did. An abusive collection agency that took harassment to a new level, phoning Robert's 81-year-old dad and a neighbour, telling them he owed money and he better pay up.

The Death of Thrift

Young people just want to shop till they drop. Old-fashioned thrift is in short supply in North America. Savings rates in Canada and the United States have been - 1% since 2005, a phenomenon known as "dissaving".

Credit Crunch - Woman Works Her Way Out Of The Debt Trap

If Queen's Park is serious about helping kids avoid becoming credit junkies, personal finance would be a mandatory course taught in our schools.



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