Debt Management

Two Topics from the Course

Just about every topic that we’re discussing in the course has been in recent news, and I’ll touch on just a couple. Credit Card Debt On July 11, 2019 Yahoo Finance reporter Sibile Marcellus writes, “Americans owe more than $1 trillion in credit card debt. And according to a new CreditCards.com poll, households with credit…

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Credit Card Agreements

If you have a credit card you probably don’t remember its terms and conditions; unfortunately, most people sign on without having read them in the first place. In truth, they aren’t meant to be understood.  If you scan through the CreditCards.com study results from 2011 and 2016, you’ll get a better feel for what I…

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It’s Time to Gear up (again) for Bankruptcy

If something cannot go on forever, it will stop. Herbert Stein, 9th Chair of the Council of Economic Advisers (January 1, 1972 to August 31, 1974) “It’s not a matter of if; it’s a matter of when. And I could be early on the call as I was back in 2007, but I am suggesting…

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Your Christmas Spending: Planned or Impulsive?

“It’s not going out on a limb to predict that this month Americans will spend more than is good for them.  Then, in the spring . . . , debt counselors – both legitimate ones and fraudsters – will experience a spike in contacts from people at the end of their ropes.” When is the…

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New Headquarters for Ramsey Solutions

In discussion boards (again) this semester several students have mentioned Dave Ramsey, a man whose work has changed many thousands of lives for the better. The other day, the people of Ramsey Solutions announced that they are looking forward to moving into a new building in Franklin TN, reportedly to be 650,000 square feet when completed.…

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