South Dakota Rep. Kristi Noem reports thousands in credit card debt
News from In-Forum:

Rep. Kristi Noem, R-S.D., shows between $ 20,000 and $ 30,000 in credit card debt on the asset disclosure form she filed this month with the U.S. House of Representatives.

Noem spokesman Josh Shields said the Noem family has “eliminated” all of the credit card debt reported on the form, which covers calendar year 2010. The debt has either been paid off or rolled into a small-business loan, he said.

“The family had recently purchased their insurance company, so like a lot of South Dakota small businesses and entrepreneurs, they incurred some small-business debt as they purchased that company and got it off the ground,” Shields said. “They put some of that debt on credit cards as a short-term means.”

Noem’s report also shows that Noem and her husband, Bryon, have between $ 500,000 and $ 1 million in loans for Noem Family Insurance Inc. in Bryant.

That business was formed in 2010 with the intent of purchasing Community Insurance LLC. The purchase was made and th…………… continues on In-Forum
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Money Monday: Can’t Pay It All? Negotiate a Debt Settlement
News from BET:

Along with details of your love life, salary and health problems, credit card debt ranks as one of the top things people say they are very or somewhat unlikely to talk openly about with someone they just met.

One person who is not hesitant to talk about the money you owe is a debt collector. Fortunately, even if you owe a large sum, a debt collector may agree to let you pay less than the full amount of your debt.

Even when a large sum of money may be owed, a creditor will almost always negotiate a debt or settle for some payment over nothing, when it comes to outstanding debt.

continues on BET
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Inquiry into WeHo’s Credit Card use sharpens

Posted by administrator | 30/08/11 | Tagged Credit Card

Inquiry into WeHo’s Credit Card use sharpens
News from WeHo News:

WeHo News and local activists have obtained the second packet of documents pertaining to election-eve charges of city credit card misuse requested by the Los Angeles County District Attorney’s Bureau of Fraud and Corruption prosecutions Public Integrity Division’s inquiry, and the pattern of investigations seems to have focused sharply – on an unintended target.

On March 4, pointing to records dated March–December 2010 showing over $ 13,000 spent on employee lunches and meals – 19 of which were purchased at the priciest restaurants in West Hollywood by incumbent Mayor and candidate John Heilman’s deputy Fran Solomon – John D’Amico called for an internal city investigation into “scratch my back dollars.”

That internal investigation became an LA DA “inquiry,” the step taken to determine if the charges bear an investigation, into what appeared to be widespread u…………… continues on WeHo News
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Switch Banks NOW: Here’s How
News from Business Insider:

I’m going to go Don Draper on you guys for a second: There was a time… long ago… when a man didn’t fear his bank; his bank feared him. It aimed to please him, and both parties got something they couldn’t get on their own. 

I’m tired of hearing from readers and friends alike that they want to leave their awful bank behind. Just do it. If you’re stuck with one of the “big three” and are sick of anemic interest rates, lame outsourced customer support, and unnecessary fees & restrictions, an online bank may be the answer.

I have been an ING DIRECT customer since 2007, and consider them the finest online bank out there. If you want to try them, use the link right here to apply within Outlaw‘s deals round-up and you’ll get a $ 50 bonus. ING’s chec…………… continues on Business Insider
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