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November 2013 Archives

Get debt under control for the upcoming year

Are you ready to get your debt under control for the new year? Tired of dealing with creditor harassment? While many people are thinking about what kind of resolutions they will be making for next year, one of the best things you can do for yourself is get your finances in order.

Poll finds consumers hesitant over holiday shopping debt

It's hard to gauge how this holiday season is going to go in terms of the economy. On the one hand, the season is being pushed earlier than ever with some stores being open on Thanksgiving Day. Consumer website founder Julia Scott puts it this way. “People aren’t waiting for their Thanksgiving turkey to be digested to start shopping this year." At least that's the hope of retailers.

Debt-saving imbalance trend continues to worry policymakers

Back in April we wrote about data from the Census Bureau that indicated that America's seniors are taking on more debt than any other generational demographic. The concern expressed at that time was that the ratio of debt to savings, especially for those in the older age bracket, is so skewed to the debt side of things that it threatens to erode the standard of living for the group in its retirement years.

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