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Debt Research News - March, 2004















HOME :: RESEARCH :: DEBT :: NEWS :: ARCHIVE

Credit Research News - March, 2004



Greenspan debt theory looks on the bright side

Consumer debt is hitting record levels but Greenspan is not as concerned.



The credit card trap

It's tempting to start fresh with a new card if you've borrowed to the limit on your others



Getting a refund?

This year's bigger checks should be put to good use, advisers say



Seniors laden with debt

An increasing number of seniors struggle with credit card debt



The Senior Debt Crisis

Credit-card debt used to be considered rare among the elderly - Not anymore...



Debt-counseling groups need help of their own

Despite what Federal Reserve Chairman Alan Greenspan says, there is a credit crisis in this country.



Americans boost borrowing to record $2 trillion in January

The largest increase in eight months



Bankruptcies heat up

Bankruptcies nationwide set a third consecutive annual record.



Greenspan is wrong, there is a crisis

The fact is the consumer debt level is at an all-time high



Bankruptcy 'reform' could punish elderly

Tough revisions to bankruptcy laws would be painful for many older Americans already struggling with debt



Consumer debt rises: Credit card debt payments slowing

42% of Americans are making minimum or no payments on their credit card balances.



Credit Card Banks are celebrating

New bankruptcy bill makes it much harder for consumers to escape mounting debt



California Grocery Strike Ends

Some workers left in financial ruin


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