Facebook Debt Collecting Accusations Going to Court »
Debt collectors have found themselves to be quite persuasive in their efforts to track people down that owe money. Now it seems that one of these inventive debt collectors has decided that it would be easy to snag people by getting a hold of them on Facebook.
Once MarkOne collection agency obtained Melanie Beacham’s car payment [...]
Is Medicare Fading Out »
A governmental panel of high class Republicans and Democrats have come together to help put out the flames of the countries rising debt by making adjustments to Medicare and Medicaid. These adjustments call for the recipients of these insurance coverage plans to pay out more and have Medicare and Medicaid pay out much less than [...]
Financial Aid for Ireland Ready »
Britain is standing ready to help Ireland with its debt issues by raising around 7 billion pounds. Since Ireland is one of Britain’s closest neighbors, having them fall into financial ruin would greatly affect Great Britain as well. Ireland holds quite a few financial ties to Great Britain and any failure for Ireland is sure [...]
New York Trolls Debt Collectors to Outsource »
New York Attorney General and future governor Andrew Cuomo made a great leap with consumers when he took on the practices of debt collectors that broke consumer protection laws. He even insisted that anyone who had foul experiences with these debt collectors to contact him and he would settle things on their behalf.
The consumers he [...]
GM Goes 0 to 60 With Public Trading on Again »
While GM had gotten the bailout from the taxpayers not too long ago, its ability to go back to being publicly traded seems to have been a very good idea. With this being the company’s largest stock offering to date, almost half of the money that was given to GM has already been back.
The initial [...]
Annoying Phone Calls Turn to Social Networking »
If you thought having debt collectors calling you at all hours of the day and night was annoying, just wait until one of them pops up on your Facebook account and adds you as a friend. There have been a growing number of debt collectors signing onto Facebook in the hopes of catching the people [...]
Ireland Debt Status Drops »
Because of the hemorrhaging of the Irish banking system, Standard & Poor’s has decided to cut the Irish debt rating to double-A-minus. This comes in a time when Ireland’s finances are starting to loom even larger in the market system.
In order to pay off the bailout of the banks, the Irish government will have to [...]
New Regulations Equals Less Fees »
New credit card rules will be going into effect on Sunday that should have people paying less money on their purchases. These new rules will rid the country of the overly enthusiastic practices of charging extremely high fees for everything a credit card company can think up.
The rules have taken away the huge late fees [...]
Germany Seeks Differing Financial Regulations »
Germany raised a red flag during talks about government budget reforms in the European Union and warned that any proposal to ignore state pension liabilities could destabilize the regions pact. The finance minister from Berlin said it would be highly skeptical that any changes to the way debt was calculated would take into account any [...]
Blockbuster Busting in Debt »
Blockbuster Inc. has bought itself some time with its debt holders by pushing back its debt restructuring to the end of September. With its mounting debt and gaining losses, Blockbuster is trying everything it can to recapitalize its business so that it won’t have to file for bankruptcy.
If this extension doesn’t work out, its second [...]
