Personal Finance and Investing

To find the best credit cards you need to compare many offers. This can be a confusing task. The average person is inundated with so many credit card options, but the selection of the best out of it can be facilitated.

Consider that the credit limit is not the most important factor. Read more…

Before Christmas, there were reports that many UK residents were using payday loans to fund holiday spending. A post-holiday study by lender Speedeloans revealed that three times more people used these no credit check loans during the 2011 holiday period than during the 2010 season.

Despite what seems like an alarming increase in the number of loans, this lender reported that its holiday customers had one-third less debt than during 2010.

Shelter Scotland commissioned YouGov to conduct a survey in early January. The results showed that 936,000 UK citizens had used a payday loan during the previous 12 months.

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Doug: Stating that the US is turning into a police state when you started this conversation was quite accurate. You can see more and more videos spreading over the Internet, not just of police brutality, but demonstrating the militarization and federalization of police, who are being inculcated with both disdain for and paranoia about ordinary citizens.

In the old days, if you were stopped for speeding, the peace officer was polite — you could get out of your car, meet the cop on neutral ground, and chat with him. Y

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Whew.

Its been a whirlwind of a past year or so (moved, got married, tons of other crazy stuff), but its time I got back to writing about my life, cause its still pretty darn interesting.

Which isnt good.

I really want a boring life sometimes. I mean its great that I love my work and business, and I absolutely adore being married, but its been too much change the past 18 months. My business has been up and down, and back down again, but with potential to be back up again soon (hopefully).

Ive been able to keep paying down my mom debt slowly (I send her $1,000 every month).

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Interesting news report that JP Morgan Chase is apparently stopping its collection lawsuits. I have not verified this in Alabama as Chase is not a huge filer of collection lawsuits here but will do so when I have a moment.

Here are some interesting quotes from the excellent article:

A sampling of court records in the major cities in five states shows that Chase collection suits have virtually disappeared. In a sixth state, Illinois, contract attorneys continue to file small-dollar cases, though at a reduced rate.

It is unclear whether Chase has stopped pursuing collection on many claims nationwide, or if intends to pursue the debts in some other fashion.

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