This is a great video I found, posted online by Canada’s Investor Education Fund, which helps teach teens about the implications of using credit cards. David Giller, Esq. is a Consumer Law attorney, providing professional, confidential and compassionate legal advice throughout New York City and northern New Jersey in financially stressful matters including bankruptcy, foreclosure defense, [...]
Archive for the ‘Credit Card Debt’ Category
7 Nov
New York Times Video: The Debt Trap
This video, from the New York Times is worth watching. It highlights an incredibly common scenario where many hard working people borrowed more than they could afford to repay. All it takes is one factor (job loss, medical crisis, etc.) to begin the quick spiral where credit cards are being used to pay other credit [...]
5 Nov
Free Money Smart Course Online!
The Federal Deposit Insurance Corporation (FDIC) has created a FREE online financial education program, which is available to the general public. Money Smart, is a comprehensive financial education curriculum designed to help individuals develop financial skills and positive banking relationships. Click here to begin taking advantage of this free program! David Giller, Esq. is a Consumer Law [...]
4 Nov
How To Handle Creditors And Outstanding Debt
When you cannot pay a particular bill, contact the creditor and explain the situation. Creditors may be willing to accept a lower monthly payment if they know that they will be paid on a regular basis. If the creditor threatens to turn your debt over to a collection agency, make sure the creditor knows that [...]
3 Nov
FDIC Introduces a Portable Audio (MP3) Version of the Money Smart Financial Education Curriculum
The Federal Deposit Insurance Corporation (FDIC) has released the Money Smart Podcast Network, the portable audio (MP3) version of the award-winning Money Smart financial education. The new version of Money Smart is suitable for use with virtually all MP3 players so that consumers of all ages can learn to make informed and prudent financial decisions [...]
