Community

Evan Carmichael Articles

Debt Help, Money Management Techniques

Keeping Track: There is only so much money from month-to-month; question: where does it all go? Limit Your Spending: Having a financial budget may find that about 5-10% of your total spending may be for purchases that are not needed. Think about it. What could you do with that extra 5-10%? Perhaps your future plans include buying your first home, going back to school, saving for your child's college, paying down debt or simply setting aside cash for a special trip. A budget will identify expenses that can be cut so that you can set goals on making important long-term savings. Setting Goals: Budgeting supports your financial goals, which may include: — saving for your first home — paying down debt — preparing to go back to school — planning for retirement Good budgeting skills add these goals into the budget. Read Full Article »

The Difference Between Secured Debt and Unsecured Debt

An explanation of the differences in debt type. Read Full Article »

The Bankruptcy Myth

Is there an alternative to filing Bankruptcy that does not have the disadvantages that goes along with Bankruptcy? Read Full Article »

Is this the first real economic dip for Generation X?

From gas prices to bank runs; this has been the first real economic crisis for my generation. As I look back over the last few years I have noticed that my generation has never really experienced any of the financial challenges that we are seeing currently in the world today. Read Full Article »

How Do I Know I Need Help With Debt?

Here is a checklist that will help you understand if you need help with your debt. Read Full Article »

FICO & Debt to Income Ratio Info

In the United States, a credit score is a number based on a statistical analysis of a person's credit files that represents the creditworthiness of that person, which is the likelihood that the person will pay their bills. A credit score is primarily based on credit report information, typically from one of the three major credit bureaus: Experian, Trans Union, and Equifax. Debt to Income Ration is another factor when it comes to your credit score. Read Full Article »

Excellent Credit Score; yet not able to obtain new credit?

Most of America is under the belief system that having a high credit score is the most important thing in the world. In reality a person's credit worthiness is made up of a few different items. Sometimes it's better to take a step back and look at your long and short term goals and compare all of your options. Read Full Article »

Every Dollar Counts In Paying Off Your Credit Card Debt

Ever wonder where your money goes when you pay just the minimum payment? Read Full Article »

Cross-collateralization

Everyone should be aware of what Cross-Collateralization is and how it can affect you. Read Full Article »

Basic Interview Etiquette

Being a director at CreditAllianceGroup.net I have had the joyful experience of interviewing and hiring new team members. Here are a few tips for all the individuals looking for a new career out there. Read Full Article »

Debt Consolidation vs. Debt Management vs. Financial Hardship Program

The average American household has 20-30K of unsecured debt. Our economy as a whole is drowning in credit card debt, medical bills, personal loans, and just unsecured debt in general. In order to get out from underneath this huge burden of bills and those harassing creditor calls we have resorted to finding debt relief options such as Debt Consolidation Loans, Debt Management Programs, and your array of Financial Hardship Program Companies. I'm in shock to see the countless amounts of people that look for these different options and not put the time and energy into researching the cause and effects that it has on your credit score, credit report, and your financial future. By the time you have read through this article I hope you have a better understanding of the pros and cons of each of the different debt relief choices available. Read Full Article »

Are You Teaching Your Kids Financial Responsibility?

Never too young to start lessons on good stewardship. Children are the best students when it comes to money. Read Full Article »

How Does a Finanacial Hardship Program Affect My Credit?

Effects of a Debt Management Program on your credit score. Read Full Article »

Are Your Mortgage Payments Sending You Reeling? Here's What to Do!

There are many options for people in need of help with their mortgage. Read Full Article »

Banks and Collectors Have a New Twist on the Old Bait & Switch Tactic

There is a new scam out there that banks and collectors are pulling on uneducated consumers. Basically they are calling consumers with older credit card debts that have passed the statue of limitations and offering them a new card with zero % interest for life. Read Full Article »

How To Save Money While In Debt?

Many of us, me included, are in debt and have no savings. While some people tell you not to save money while in debt, the fact is if you don't have money for emergencies, then you will increase your debt by having to turn to your credit cards. Here are some great tips to help you save that emergency money even with debt. Read Full Article »

71,000 Complaints to the FTC about Creditor Harassment Last Year; up 500% from 2004!

According to the AP report, almost 39 percent of Federal Trade Commission complaints cited demands to pay debts that weren't owed or payments that were more than legally allowed. Read Full Article »

Yes, Virginia, There is a Santa Claus and a Cloud with a Silver Lining

Are you tired of turning on the TV or glancing over the newspaper and the ONLY kind of news you get is Bad News? I am just about to boycott watching television for a month or so, until the trend is not always negative and defeating. However, there is a silver lining to this dark cloud …. Travel prices are falling and just in time for the Thanksgiving and Christmas holidays. Read Full Article »

Personal Credit Card Debt How to Earn 18-35%

Personal credit card debt is one of the worse things to keep around. Look at the interest rates that you have and see how many are lower than the rate of return you get on your investments. You may be surprised to see that the 7% annually you receive through your mutual fund or stocks does not even come close to the 18%-35% you pay each month on your personal credit card debt. Read Full Article »

E-How

How to File an FTC Complaint against Harassing Collectors

Tired of harassing collection calls? Take action! Read Full Article »

How to cease creditor collection calls with a Credit Alliance Group DAAN Home Phone Module

Peace of mind has never been easier to acquire; with the revolutionary CAG DAAN Module. Read Full Article »