May 22, 2012

Federal Consolidation: Help Me Now, Hurt Me Later

Federal consolidation is kinda like that craz-e-burger which consists of a pound of beef, layers of bacon, globs of cheese, and is sandwiched between a grilled and glazed donut instead of a bun. It may seem like a good idea now, but those 1,500 calories of sugar and saturated fat will make you pay dearly later.

Medical Bankruptcy

Consumer Debt Rose $21 Billion Last Month Thanks to Credit Card Use

The total amount of consumer credit circulating in the United States rose by more than $21 billion last month, raising concerns that more people … [Read More...]

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]