Category: Budget & Debts

Debt-Securitization Markets

After losing so much on packages of subprime mortgages that were basically destined to default, investors have lost trust in securitization. Because of this our government has spent over $1 trillion trying to save the markets, and many of these markets are basically only operating because the government is holding them up.

What Is The Best Alternative For Your Specific Debt Situation?

People that have a good FICO score but at the same time they are in a lot of debt and they are making only the minimum payment on all of their bills, debt consolidation would be the best option. Debt consolidation would be the best option because it will help them to get lower monthly payments so they can keep up and will not ruin their credit score. They will also be able to get themselves out of the debt faster.