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Debt Consolidation Help, Advice and Information

My Debt and credit site is a site that will be dedicated to supplying the very best information you will need in regard to debt and credit. This is a new site and will be a constantly growing site so bookmark and check back frequently for new articles.

We will be covering a wide range of articles from debt reliefdebt consolidation, debt consolidation loans, bad debt, credit counseling, credit repair and much more.

Debt consolidation is the process by which someone takes out one loan to pay off others.

There are a number of reasons individuals choose this option, some of which include securing a lower interest rate, locking up a fixed interest rate, and creating the convenience of paying off only one loan. If you desire a greater sense of financial freedom, consider debt consolidation loans.

There are many good credit debt consolidation companies to help people manage their finances.

If you have grown tired of trying to pay off a number of different debts at the same time, consider debt consolidation.

For starters, debt consolidation loans will allow you to concentrate your efforts into paying one single debt and it may lead to a fixed interest rate that is easier to manage. Most debt consolidators offer reasonable and helpful plans to help you alleviate the load of your burdens.

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Ecuador's Audit Commission Finds `Illegality' in Debt (Update5) - Bloomberg
Thu, 20 Nov 2008 21:22:59 GMT

CharlotteObserver.comEcuador's Audit Commission Finds `Illegality' in Debt (Update5)Bloomberg - 5 hours ago20 (Bloomberg) -- Ecuador's debt audit commission said it uncovered ``illegality and illegitimacy'' in the country's foreign obligations, findings that may ...Ecuador panel advises country default on 40% of debt: report MarketWatchEcuador Audit Commission Uncovers 'Illegality' in Debt Voice of AmericaEcuador audit commission finds illegality in debt The Associated Pressguardian.co.uk - Bloombergall 333 news articles
FDIC May Exclude Loans of 30 Days or Less From Debt Insurance - Bloomberg
Fri, 21 Nov 2008 01:58:39 GMT

FDIC May Exclude Loans of 30 Days or Less From Debt InsuranceBloomberg - 49 minutes ago20 (Bloomberg) -- US bank regulators may exclude loans that mature in 30 days or less from a $1.4 trillion debt- insurance program, helping the Federal ...
Microsoft May Sell Debt in First-Ever Bond Offering (Update3) - Bloomberg
Thu, 20 Nov 2008 21:23:04 GMT

Microsoft May Sell Debt in First-Ever Bond Offering (Update3)Bloomberg - 5 hours agoThe company is considering senior unsecured debt securities, according to a regulatory filing today with the US Securities and Exchange Commission. ...UPDATE 1-Microsoft says looking at raising debt ReutersMicrosoft Files Shelf Offering For Potential Debt Issuance Barron's BlogsMicrosoft says looking at raising debt Reutersall 28 news articles
Macy's Debt Trades Like Junk, Similar to Kmart (Update1) - Bloomberg
Thu, 20 Nov 2008 22:10:11 GMT

Macy's Debt Trades Like Junk, Similar to Kmart (Update1)Bloomberg - 4 hours agoMacy's debt has started trading like a junk bond, a signal that ratings companies may demote the owner of Bloomingdale's department stores to non-investment ...Debt protection costs on Macy's, Limited surge Reutersall 4 news articles
Correction - Fitch Rates North Mississippi Health Services (MS ... - MarketWatch
Thu, 20 Nov 2008 23:02:25 GMT

International Business TimesCorrection - Fitch Rates North Mississippi Health Services (MS ...MarketWatch - 3 hours agoAfter the completion of this reoffering, all of NMHS' $141.6 million of debt will be in seven day variable rate demand bonds supported by self-liquidity. ...Fitch Affirms Anne Arundel Health System's (Maryland) Outstanding ... MarketWatchFitch Affirms Norfolk Southern IDR at 'BBB+'; Outlook Stable MarketWatchFitch Rates Battle Creek TIFA, Michigan's LTGOs 'AA-'; Outlook Stable MarketWatchMarketWatch - MarketWatchall 91 news articles
S&P downgrades Ambac unit on mortgage debt risks - CNNMoney.com
Wed, 19 Nov 2008 20:01:57 GMT

RTT NewsS&P downgrades Ambac unit on mortgage debt risksCNNMoney.com - Nov 19, 2008In cutting the rating, S&P cited the unit's exposure to collateralized debt obligations that are linked to the troubled US residential mortgage sector. ...Ambac shares rise 80 percent after liabilities canceled ReutersAmbac to settle $3.5B in mortgage debt exposure InvestmentNewsS&P downgrades Ambac again MarketWatchBloomberg - BusinessWeekall 83 news articles
GMAC Applies for Status as Bank, Begins Debt Swap (Update4) - Bloomberg
Thu, 20 Nov 2008 17:18:22 GMT

Dividend.comGMAC Applies for Status as Bank, Begins Debt Swap (Update4)Bloomberg - 9 hours agoGMAC may also be able to obtain US government guarantees on new debt as a bank. ``If you let this many people participate, the benefit gets so diluted you ...GMAC Seeks Bank Holding Company Status TheStreet.comGMAC files with Fed for bank holding status DetNews.comGMAC Files Application With Federal Reserve to Become Bank Holding ... MarketWatchThe Australian - CNNMoney.comall 343 news articles
Bank of America's Lewis Sees US `Drowning in Debt' (Update2) - Bloomberg
Thu, 20 Nov 2008 21:28:34 GMT

CharlotteObserver.comBank of America's Lewis Sees US `Drowning in Debt' (Update2)Bloomberg - 5 hours agoChief Executive Officer Kenneth Lewis, who heads the biggest US retail bank, said the nation is ``drowning in debt'' and that both lenders and borrowers are ...UPDATE 1-BoA's Lewis sees end in sight to banks deleveraging Reutersall 25 news articles
Secretary Of Debt Clinton - CBS News
Thu, 20 Nov 2008 19:00:03 GMT

New York TimesSecretary Of Debt ClintonCBS News, NY - 7 hours agoHillary Clinton still has $8 million in campaign debts. (CBS/AP) If she becomes the first woman president, it will be the latest in a lifetime of firsts. ...If Clinton Chosen, Campaign Debts Would Wait New York TimesHillary's $7.5 Million Problem ABC NewsClinton May Need to Pay Off Debt Before Accepting Cabinet Post BloombergNew York Daily News - MLive.comall 22 news articles
General Growth hires bankruptcy law firm: report - MarketWatch
Thu, 20 Nov 2008 21:10:53 GMT

General Growth hires bankruptcy law firm: reportMarketWatch - 5 hours agoWall Street analysts say the company is close to violating certain covenants of its bonds, and General Growth's scheduled debt payments rise in coming years ...Mall Owner Lines Up Bankruptcy Law Firm Wall Street JournalGeneral Growth confirms it has hired law firm ForbesGeneral Growth takes on bankruptcy counsel-WSJ ReutersThe Daily Deal (subscription) - GlobeSt. comall 64 news articles