Obama on Consumer Debt
Barack Obama discusses his legislative agenda regarding consumer debt with Michelle Singletary of the Washington Post. Obama notes that until he cashed in on his best-selling books, he and his wife were carrying significant student loan debt. "We were making payments the size of a mortgage every month," Obama said.
When suffering from a large debt, consider your alternatives, negotiate with your creditors and know the next steps in consolidating your credit. Thanks for the article!
Posted by: debt | Sunday, June 29, 2008 at 04:41 PM
There’s nothing wrong in fighting against predatory lenders, in fact it’s good. I commend him for his future plan. But Obama should take into consideration the acts of lending industries before taking the necessary action. Not all lending industries are predatory or steals money from working people. He should study first the case of these industries before giving the act.
Posted by: Payday Loan Advocate | Saturday, September 13, 2008 at 05:22 AM