Debt Management, mortgage and credit news - a blog for the average consumer.

Foreclosure Prevention: Time to do something that works.

The news keeps getting worse. The mortgage delinquency rate is up to 6.6% of all mortgages (as of the end of August). The delinquency rate is an astounding 25% for sub-prime mortgages. …

Credit Card Debt Collectors have new tricks.

As credit card delinquencies rise (up to 4.5% in most recent quarter), credit card companies have become much more aggressive in their efforts to get delinquent card holders to pay up, according to the Wall …