Hide Your Wallet, The “L” Holes Are Here

Now most of the companies who relied on ridiculous upfront fees are thankfully out of business. But there remain a few loop-holes…..or as I like to call them “L” holes.

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Deconstructing Risk

The new FTC regulations were a boon for the industry. They did the unthinkable: Forced companies to only charge if they DO THEIR JOB. Wow…what a concept. It has turned the industry upside down. At least the 95 percent of it that needed to be turned upside down. Even though the law was almost a hundred percent positive, it yielded one unfortunate side effect:

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Debt Collectors Hunt on Facebook

They are insidious…they are mean….they are debt collectors. This business attracts only some of the most persistent and intrusive individuals in this country.
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I don’t have too much credit card debt…Do I?

How much is “too much?”

This is a perennial question in life as it is in debt. I suppose if you have some rich Uncle about to kick the bucket, and devote his entire estate to you…You can be as in debt as you want to.
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Simple Solutions to Ease Your Debt Load Part 2

Today we continue our series on simple solutions to ease your debt load. Last week we went over a series of possible ideas, including saving plans, utilizing budget software (like mint), as well as switching over to credit cards that have lower interest. Today we will be going over other concepts that will help you get out, and stay out, of debt.

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Simple Solutions to Ease Your Debt Part #1

This article is not about canned advice on how to get out of debt. It is not about listing the hundred “common sense” techniques that you thought of on your own. What we would like to do within this post is explain a few debt solution strategies you may not have thought of yet. Let us know what you think.
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The Feeling of Debt

Here is a simple truth about the lending and borrowing relationship- it is always characterized by a single factor: Risk.
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Something they don’t want you to know about money

Here is something the banks just don’t want you to know about money. Money is a lie. It’s totally fictional. There was a time….a little over 40 years ago, when your dollar was technically worth something in gold.
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DEBT SOLUTIONS AND THE REASON WHY YOUR CREDIT CARD IS EVIL

Yes, maybe there was a time before you were grasping for debt solutions, where using your credit card was still okay. Now, if you are deep in debt…then no matter what your reasons are, you should stay away. Here are some of the popular myths behind using your credit card:
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Tactical Debt Solutions: The Snowball vs. The Avalanche

The internet is full of blogging heads who are eagerly promoting the newest “debt solutions.” We at Eagle One decided to examine some of these systems, and let you know what our take is:
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