13th July 2010
In an attempt to crack down on abuses in the debt negotiation industry, Senator Charles Schumer (D-NY) introduced the Debt Settlement Consumer Protection Act (DSCPA). The amendment would regulate in two key ways:
Disclosure
Designed to flush out mislead...
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13th July 2010
In a time when consumers needed debt relief the most, Greenshield Financial Services was honored as a finalist for the Customer Service Department of the Year by the Stevie Awards, one of the world's premier business recognition organizations. Greenshield...
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13th July 2010
Personal debt is a sensitive issue that plagues the majority of Americans. When you turn to a company for help, you want to be sure you can trust them to handle your delicate situation with care. Greenshield Financial Services has gone to great lengths to...
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17th June 2010
Greenshield Financial Services and its employees recently celebrated a major milestone of debt relief for their clients: $60 million dollars of debt settled to help pursue debt-free lives.
Greenshield reached this landmark figure just over two years af...
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17th June 2010
Passed to better protect card holders, the new credit card act as of late February 2010 is providing debt help for those in need. The act presents many new rules, though most of them are geared towards protecting the average consumer.
Creditors will ...
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17th June 2010
With the average American owing more than $10,000 in credit card debt, more borrowers than ever are taking advantage of services that promote debt relief by making one payment per month. This is made possible by services like debt consolidation and debt s...
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17th June 2010
A recent survey by Careerbuilder.com found that six in 10 workers are living paycheck to paycheck in order to make ends meet. This is a dramatic increase from the 49 percent in 2008 and the 41 percent in 2007. Even for workers with salaries of $100,000 or...
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17th June 2010
In the current financial climate, it is more difficult than ever to obtain credit. Getting a loan for a house, car, or even for a small business depends almost exclusively on having excellent credit. People work tireless to bump up their credit scores ove...
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17th June 2010
On Feb. 22, 2010, the Credit Card Accountability, Responsibility, and Disclosure Act (CARD Act) takes effect. The act is designed to protect consumers from some of the suspicious acts of lenders by attempting to put a leash on credit card companies. Thes...
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17th June 2010
On Feb. 22, 2010, the Credit Card Accountability, Responsibility, and Disclosure Act of 2009 slapped regulations on the credit card industry that, since its inception, placed dubious practices onto consumers. The Act limits many of the more disreputable p...
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17th June 2010
If you have ever been on a college campus, you have seen them. No, I'm not talking about the coeds, I'm talking about the bank representatives peddling credit card offers for a free t-shirt. It makes sense, after all, who is more financially stable than a...
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17th June 2010
As financial markets in the United States struggled, one particular area of concern was lending. People were able to get absurd amounts of credit however, it came at a great cost to them: high interest rates, costly penalties, and bad credit ratings. As a...
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17th June 2010
It is a beautiful sight. The bright Christmas tree on Christmas morning so stuffed full of presents that they billow out from under in a glorious semi-circle of excitement. Everyone wants the best for their family at Christmas. Unfortunately, the Christma...
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17th June 2010
As the holidays come to a close and the tryptophan stupor wears off, the reality begins to set in. How are you going to pay off the wonderful presents you bought for your family and friends? As the bills come due, you may be in over your head. If you are,...
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