Often, suicides are inexplicable. The reason for some suicides, however, is black and white…and red. How does debt get so bad that death is the only escape? Read the rest of this entry »

I can hear you all yelling at me now. “Don’t go into debt!” “Don’t go into debt”. But what if you have a good reason to get a loan? Read the rest of this entry »

I wanted to post an update of my experience with Prosper, the peer-to-peer lending network where people can get personal loans or lend money and actually get a better return than at even the best savings accounts. Read the rest of this entry »

If you haven’t heard about peer-to-peer lending sites like Prosper and Lending Club, the sites where people can lend money directly to others who need loans, I’ll be writing today, tomorrow, and Friday about this cool new alternative to traditional lending. Read the rest of this entry »

This article about waning college donations from debt-laden graduates is hardly news to me. Many days I find both student loan bills and donation solicitations from my alma mater in the mail. Of course I want to give back, but cutting that check is a hard pill to swallow in the face debt. What’s a recent grad to do? Read the rest of this entry »

If you have bad credit because of past late payments or charge-offs, a secured credit card is the best way to rebuild credit. Why? It will protect you from yourself. Read the rest of this entry »

I’ll bet you have an answer to that question. So what? I can’t sleep at night because of my debt! So what? I have creditors calling me all day long! So what? I can’t afford anything I want to do! Like I said: So what? Read the rest of this entry »

Student loan consolidation is one opportunity I failed to take advantage of when I should have. Though student loan debt is typically considered “good debt” (because it shows an investment in your future) and interest rates are lower than other loan categories, rates can still go up over time, and student loans can be a burden if you have more than one. Read the rest of this entry »

Recently I wrote about my positive experience getting a personal loan from Prosper, a peer-to-peer lending service. Read the rest of this entry »

Last October I wrote that I had applied for an $11,500 debt consolidation loan from the unique person-to-person lending network Prosper. Read the rest of this entry »