Entries by Debtmerica

Need a job? Look into the health care field

While it’s no secret that the job market is struggling as unemployment continues to climb, jobless workers who are running out of funding and looking to consolidate debt should consider a job in the health care industry, whichis currently one of the few jobs sectors experiencing growth during the recession. "We’re helping to put Americans […]

Greenspan predicts economic growth in Q3 2009

While Alan Greenspan does not see an immediate end to the continued rise in unemployment seen over Q3 2009, he is optimistic that the economy grew over the same time period despite a "pretty awful" September. Greenspan, the former chairman of the Federal Reserve, stated his optimism that the economy had expanded during Q3 2009 […]

Unemployment rate hits record highs in September

Unemployment continued to rise in September, as the Bureau of Labor and Statistics released data on Friday showing that the federal unemployment rate hit levels not seen in more than 26 years. According to the BLS, nonfarm payroll unemployment declined by 263,000 in September. The declineexceeded estimates by economic experts who had forecast more conservative […]

Debtmerica Achievements and Honors

Inc. 500 In 2010, Debtmerica, LLC, a negotiated debt settlement company offering debt relief to consumers nationwide was ranked #13 in the Inc. 500 fastest growing companies within the Financial Services Industry and #184 across all industries. Inc. Magazine’s Inc. 500 list includes rankings of the nation’s fastest-growing private companies. The various firms are ranked […]

YouTube rant results in lower interest rate

While it may not be as advisable as other credit card debt solutions like a credit counseling service, one woman’s YouTube rant aimed at Bank of America has resulted in having her interest rate reduced. Earlier this month, California resident Ann Minch posted a video on YouTube after she said Bank of America had raised […]

College turns ID card into credit card

Although plans in place through the Credit Card Act which passed through Congress earlier this year were aimed at making it harder for credit card companies to target students, one California college appears to be making it easier, which could lead to the need for credit card counseling for some students. The Stanford Daily, the […]

Credit card companies get more consumer-friendly

Consumers may get a helping hand with their credit card debt consolidation in the near future, as many credit card companies have unveiled new consumer-friendly card programs. In response to a recent flurry of criticism from consumers and even policymakers about overdraft fees, slashed credit limits and hiked up interest rates, companies such as Bank […]

Bargain down your bills to help with debt consolidation

With the recession pinching the wallets of consumers across the country, many have had to find alternate ways to consolidate debt and reduce their spending. To help them stretch their dollars even further, CNNMoney.com gave consumers a few tips about bill consolidation, showing them that negotiation can work even in unlikely circumstances. One way for […]