Statement by Michael D. Calhoun, President, Center for Responsible
Forbes - Do they really believe that any loan that consolidates credit card debt into a mortgage (which will lower the monthly payment) is per se a net benefit to the homeowner, regardless of the abusive terms of the loan? Do they really believe that
Source: www.forbes.com

Credit cards stay in wallets
ONE News - Bancorp Treasury says this indicates that the rise in the official cash rate to a record 7.75% and increasing fuel costs is deterring consumers from building further credit card debt. The latest Reuters poll has 14 of 16 market analysts expecting the
Source: tvnz.co.nz

More layoffs at DiVosta
Palm Beach Interactive - DiVosta Building Corp. says today it s laying off 42 people , the homebuilder s third round of layoffs in recent months. In December, DiVosta told the Florida Agency for Workforce Innovation that it would fire 218 of its 552 workers. And on April
Source: www.palmbeachpost.com

Americans reeling under credit card debt
Statesman - In the United States, cash only life style has long been gone, as dead as the dodo. A graduate student, let us call him Johnny Footloose, told me the other day that money was his least worry, though he would be under debt to the extent of $150,000 by
Source: www.thestatesman.net