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    <title><![CDATA[Go Banking Rates: Debt]]></title>
    <link>http://www.gobankingrates.com/debt/rss/</link>
    <description><![CDATA[The latest debt information and news]]></description>
    <pubDate>Sat, 07 Nov 2009 08:06:07 -0600</pubDate>
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      <title><![CDATA[The National Debt Nears Its Ceiling]]></title>
      <link>http://www.gobankingrates.com/debt/the-national-debt-nears-its-ceiling/</link>
      <description><![CDATA[The Treasury Department recently reported that the United States debt is dangerously close to reaching its self-imposed limit of $12.1 trillion dollars. Currently, we are only $211 billion shy of reaching the ceiling with an increase rate of nearly $3.8 billion per day. What is the Treasury going to do?]]></description>
      <pubDate>Thu, 29 Oct 2009 07:00:28 -0500</pubDate>
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    <item>
      <title><![CDATA[Child Support Payments: Are They Taxable Income?]]></title>
      <link>http://www.gobankingrates.com/debt/child-support-payments-are-they-taxable-income/</link>
      <description><![CDATA[Whether you give or receive child support, you may be wondering what the tax consequences of your child support payments are. If you receive child support payments, do they count as taxable income? If you are making child support payments, can you write those off of your taxes? The answer to both questions is no.]]></description>
      <pubDate>Mon, 26 Oct 2009 10:11:50 -0500</pubDate>
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      <title><![CDATA[Surviving Finance and Stress]]></title>
      <link>http://www.gobankingrates.com/debt/finance-and-stress-bundle/</link>
      <description><![CDATA[
When financial troubles hit you hard, it can be difficult to know how to cope.
You might have creditors calling and sending letters, a mortgage lender asking for your next payment, and the repo guy knocking on your door - all while you have little ones a...]]></description>
      <pubDate>Fri, 23 Oct 2009 07:11:19 -0500</pubDate>
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    <item>
      <title><![CDATA[Stories of Getting Out of the Money and Stress Cycle]]></title>
      <link>http://www.gobankingrates.com/debt/finance-and-stress-personal-stories/</link>
      <description><![CDATA[
Nothing can greater illustrate the tough times someone goes through like a personal story.
If you have been in a difficult financial situation - especially one related to debt - you probably have a story of your own. Since debt and how to overcome it is ...]]></description>
      <pubDate>Thu, 22 Oct 2009 03:54:13 -0500</pubDate>
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    <item>
      <title><![CDATA[Finance and Stress: Where Your Stress Came From]]></title>
      <link>http://www.gobankingrates.com/debt/finance-and-stress-where-your-stress-came-from/</link>
      <description><![CDATA[
Dealing with any type of stress can be difficult, but dealing with financial stress can add to your already pressure-filled existence. As soon as you realize financial stress is a problem, it's good to start relieving the pressure. However, you need to k...]]></description>
      <pubDate>Wed, 21 Oct 2009 02:13:42 -0500</pubDate>
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    <item>
      <title><![CDATA[Stressing over Money? What Not to Do]]></title>
      <link>http://www.gobankingrates.com/debt/finance-and-stress-what-not-to-do/</link>
      <description><![CDATA[
Managing your finances can be a tough prospect, especially when you're overwhelmed by a surplus of bills and underwhelmed by your lack of a steady cash flow. However, no matter how stressful your financial situation might be, there are some actions you j...]]></description>
      <pubDate>Tue, 20 Oct 2009 03:07:27 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Marriage & Money: Till Death or Finances Due us Part]]></title>
      <link>http://www.gobankingrates.com/debt/marriage-money-till-death-or-finances-due-us-part/</link>
      <description><![CDATA[Learn more about how debt should be considered before any marriage.]]></description>
      <pubDate>Fri, 16 Oct 2009 08:58:06 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Your Debt isn't Going Away, Be Proactive]]></title>
      <link>http://www.gobankingrates.com/debt/your-debt-isnt-going-away-be-proactive/</link>
      <description><![CDATA[For millions and millions of Americans, debt is a major problem. Many people get into serious financial trouble because they use their credit cards too much, and the result is a pile of money owed to creditors who are charging astronomical interest rates]]></description>
      <pubDate>Mon, 12 Oct 2009 15:49:46 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What is an Automatic Stay?]]></title>
      <link>http://www.gobankingrates.com/debt/automatic-stay-/</link>
      <description><![CDATA[Most Americans love to have as much credit as possible because it makes life so much easier. Credit is a double-edged sword, however, because it can tempt to people into living beyond their means, and if they amass a lot of debt, and then they lose their ...]]></description>
      <pubDate>Mon, 12 Oct 2009 08:36:10 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Debt: Wage Garnishing at the Federal Level]]></title>
      <link>http://www.gobankingrates.com/debt/debt-wage-garnishing-at-the-federal-level/</link>
      <description><![CDATA[Owing money is no joke, as anyone who has had his or her wages garnished can tell you. What is wage garnishment?]]></description>
      <pubDate>Mon, 12 Oct 2009 07:00:53 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Debt: Wage Garnishing at the State Level]]></title>
      <link>http://www.gobankingrates.com/debt/debt-wage-garnishing-at-the-state-level/</link>
      <description><![CDATA[Nobody wants to have part of their earnings taken away every week to pay off old debts. But if you're not willing to set aside money yourself, did you know that your creditor can get a judge to do it for you? If your creditor obtains a judgment against you for an unpaid debt, a writ of garnishment is one method they might use to recover the money you owe them. If you have your wages garnished, your employer is legally required to set aside part of your paycheck to satisfy your old debt. If your wages are garnished, you can expect to have a percentage of your wages taken out pay period until the debt is payed off.]]></description>
      <pubDate>Sat, 10 Oct 2009 07:00:03 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Debt Collectors Can Obtain Judgments Against You]]></title>
      <link>http://www.gobankingrates.com/debt/debt-collectors-can-obtain-judgments-against-you/</link>
      <description><![CDATA[Have you ever received a phone call from a debt collector, or someone who claimed to be a lawyer, who tried to collect a debt that was six or seven or even ten years old? If so you might have been dealing with what are called "scavenger debt collectors." These companies buy up old debts that are generally considered "noncollectable" from creditors for pennies on the dollar. Many scavenger debt collectors are notorious for using unethical, or even illegal, debt collection methods. Sometimes they will pose as law firms or use aggressive collection techniques, such as harassing you with repeated phone calls or even calling your neighbors.]]></description>
      <pubDate>Fri, 09 Oct 2009 07:00:54 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Statute of Limitations on Debt Collection]]></title>
      <link>http://www.gobankingrates.com/debt/statute-of-limitations-on-debt-collection/</link>
      <description><![CDATA[Depending on what state you are living in, there is a statute of limitations which limits the amount of time that a debt collector or creditor can sue you to collect a debt. The amount of time is determined by state law but it is usually somewhere between six to ten years, however it can be anywhere from three to fifteen years from the date that the debt was written off. The purpose of the statutes is to allow old debts to fall off of your credit record after a certain amount of time, but still allow the creditor a fair amount of time to collect the debt.]]></description>
      <pubDate>Thu, 08 Oct 2009 17:40:38 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Creditors and Time-Barred Debts]]></title>
      <link>http://www.gobankingrates.com/debt/creditors-and-time-barred-debts/</link>
      <description><![CDATA[Many people are unaware that after a certain amount of time debt collectors can not pursue collection of an old debt. Of course this varies by State law, but the statute of limitations on pursuing a debt is generally between three to ten years. Old debts where the statute of limitations has expired are are called "time-barred debts."]]></description>
      <pubDate>Thu, 08 Oct 2009 17:35:37 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Calling Creditors to Negotiate Lower Debts and Interest Rates]]></title>
      <link>http://www.gobankingrates.com/debt/calling-creditors-to-negotiate-lower-debts-and-interest-rates/</link>
      <description><![CDATA[If you are currently in an unstable financial position, use your communication skills to negotiate with your creditors on lowering your debts and/or interest rates. Just making the effort to work with your lenders to reduce your debt will save yourself lots of stress.]]></description>
      <pubDate>Thu, 08 Oct 2009 09:29:47 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Reducing the Number for Creditors Through Debt Consolidation]]></title>
      <link>http://www.gobankingrates.com/debt/reducing-the-number-for-creditors-through-debt-consolidation/</link>
      <description><![CDATA[The biggest influence on your FICO credit score is your management of personal finances. If you spend more money than you make and are unable to pay off your credit card bills when they're due, you are certain to see your score going down. The lack financial responsibility will cost you a fortune when the time comes to get a mortgage loan, as you will be subject to the highest interest rates; that is, if you are able to secure a loan at all. If you are finding it incredibly difficult to manage the sheer amount of debt you accumulated, then the debt consolidation may indeed help you out.
]]></description>
      <pubDate>Sun, 04 Oct 2009 17:04:04 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[How to Manage Debt With a New Job]]></title>
      <link>http://www.gobankingrates.com/debt/managing-debt-with-a-new-job/</link>
      <description><![CDATA[For many recent college graduates, managing debt while starting your first job can be tricky. 
First jobs are not notorious for their outstanding salaries, and you may be living so close to the limit of your financial ability that one emergency purchase  ...]]></description>
      <pubDate>Thu, 01 Oct 2009 13:34:39 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What is a Charge Off?]]></title>
      <link>http://www.gobankingrates.com/debt/what-is-a-charge-off/</link>
      <description><![CDATA[A charge off is the term lenders use to describe an account that has become delinquent. When a person no longer makes their monthly payments on a credit card, for example, the issuer of the credit card will declare it a charge off and shut down the accoun...]]></description>
      <pubDate>Wed, 30 Sep 2009 13:38:19 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Debt Collectors Crossing the Line]]></title>
      <link>http://www.gobankingrates.com/debt/debt-collectors-crossing-the-line/</link>
      <description><![CDATA[Collection agencies are getting a bad reputation nowadays for taking on abusive debt collection practices - and unfortunately, some of what's being said about them is merited. While all debt collectors don't utilize negative tactics to collect money, some are very guilty of crossing the line. If you think you've been a victim of this type of activity, you'll want to read more about what can be done to stop it from going too far.]]></description>
      <pubDate>Wed, 30 Sep 2009 07:00:51 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[How to Avoid Debt While in College]]></title>
      <link>http://www.gobankingrates.com/debt/how-to-avoid-debt-while-in-college/</link>
      <description><![CDATA[Debt is no stranger to the average college student. In fact, between building it up while in school and having to try pay it off afterward, most college students know a thing or two about it. The debt that college most students should worry about? Student loans and credit cards, both of which can grow out of control rather quickly.]]></description>
      <pubDate>Tue, 29 Sep 2009 07:00:59 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What are Scavenger Debt Collectors?]]></title>
      <link>http://www.gobankingrates.com/debt/what-are-scavenger-debt-collectors/</link>
      <description><![CDATA[If you've suffered from abusive debt collection practices from a collection agency or "litigation firm," you were probably the victim of scavenger debt collectors. These companies are created for the simple act of collecting on an old debt that they've bought from a creditor or collection agency. While the debt may now fall outside of your state's statute of limitations and is legally uncollectible, they prey on ignorance to extort money anyway.]]></description>
      <pubDate>Tue, 29 Sep 2009 07:00:35 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Handling Debt Collector Abuse]]></title>
      <link>http://www.gobankingrates.com/debt/handling-debt-collector-abuse/</link>
      <description><![CDATA[Abusive debt collection practices are not uncommon in this day and age - but the good news is that they are manageable as well. While it may seem close to the end of the world to have an unknown person issuing threats that seem unwarranted regarding a debt, don't let their words get the best of you. Instead, take time to learn your rights as a consumer, as well as the guidelines debt collectors must follow when trying to obtain payment.]]></description>
      <pubDate>Mon, 28 Sep 2009 08:43:40 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Is the Debt Worth Going Back to School For?]]></title>
      <link>http://www.gobankingrates.com/loans/student-loans/going-back-to-school-series-is-the-debt-worth-it/</link>
      <description><![CDATA[<strong>Going back to school can be both rewarding and troubling; rewarding because you're acquiring an education that can help you excel in your career, and troubling because of how expensive it can be.</strong> It's pretty difficult for students going back to school to avoid incurring some type of student loan debt along the way, which makes many people wonder, is the debt worth the education?]]></description>
      <pubDate>Sat, 26 Sep 2009 07:00:31 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[How to Find a Bankruptcy-Friendly Bank]]></title>
      <link>http://www.gobankingrates.com/debt/are-there-specific-banks-out-there-which-are-bankruptcy-friendly/</link>
      <description><![CDATA[Personal bankruptcy is seen by most people as one of the worst possible financial outcomes, and something that will haunt them and their credit history and credit report forever. 
In truth, personal bankruptcy saves many people's financial situations, and...]]></description>
      <pubDate>Wed, 23 Sep 2009 09:46:07 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Should I Invest or Pay Down My Debt?]]></title>
      <link>http://www.gobankingrates.com/debt/invest-or-pay-down-debt/</link>
      <description><![CDATA[If you are living paycheck to paycheck and have very little money left over you may be in the position of choosing whether to invest and save your extra money or to focus your efforts on paying down debt. 
If you can choose only one option, it may actuall...]]></description>
      <pubDate>Tue, 22 Sep 2009 10:36:29 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Is Credit Card Debt Ever Forgiven?]]></title>
      <link>http://www.gobankingrates.com/debt/is-credit-card-debt-ever-forgiven/</link>
      <description><![CDATA[The answer to the question "is credit card debt ever forgiven?" is a resounding ... sometimes, and sort of. 
For starters, if you are asking to get your credit card debt forgiven, you need to have some very good reasons for doing so. As in, you've been in...]]></description>
      <pubDate>Tue, 22 Sep 2009 10:09:16 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What is a Good Debt to Income Ratio?]]></title>
      <link>http://www.gobankingrates.com/debt/what-is-a-good-income-to-debt-ratio/</link>
      <description><![CDATA[Your debt to income ratio is easily calculated. It is the percentage of your income that goes towards paying your debt.
This calculation is a good indicator of whether or not you are in a healthy financial state. Once you have figured out your debt to inc...]]></description>
      <pubDate>Mon, 21 Sep 2009 04:31:43 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Will Debt Consolidation Improve My Credit?]]></title>
      <link>http://www.gobankingrates.com/debt/will-debt-consolidation-improve-my-credit/</link>
      <description><![CDATA[Debt consolidation is an excellent way for consumers to reign in and control finances that are spread out through several places. By opting into a debt consolidation program, you can benefit by merging all your debts together into one lump sum, so it is e...]]></description>
      <pubDate>Fri, 18 Sep 2009 13:39:31 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What is a Debt Settlement?]]></title>
      <link>http://www.gobankingrates.com/debt/what-is-a-debt-settlement/</link>
      <description><![CDATA[It's tough to find yourself drowning in debt, which is why many individuals decide to choose debt settlement as a way to resolve the issue. However, not everyone suggests debt settlement as a good solution. To determine if it's right for you, take a closer look at what it is and how it works.]]></description>
      <pubDate>Fri, 18 Sep 2009 07:00:21 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[How to Avoid Debt Consolidation Scams]]></title>
      <link>http://www.gobankingrates.com/debt/debt-consolidation-scams/</link>
      <description><![CDATA[There is nothing worse then a bully preying on the weak, just because they can. From the playground to the boardroom, there are always predators lurking about waiting to strike when you frightened and vulnerable. By educating yourself on the realistic pos...]]></description>
      <pubDate>Thu, 17 Sep 2009 12:56:39 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Debt Consolidation Facts]]></title>
      <link>http://www.gobankingrates.com/debt/debt-consolidation-explained/</link>
      <description><![CDATA[If your philosophy with money management until this point has been "why do today what you can put off until tomorrow," you may find yourself in a bit of a financial quandary. 
If you find that you are getting overwhelmed by the multiple debts from persona...]]></description>
      <pubDate>Thu, 17 Sep 2009 12:21:47 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Questions to Consider Before Going Through a Debt Settlement]]></title>
      <link>http://www.gobankingrates.com/debt/where-can-i-go-to-file-a-debt-settlement/</link>
      <description><![CDATA[If you have debt mounting up and you desperately want to avoid bankruptcy then it may be a good idea to consider debt settlement; that is, if you know where to go. There are a number of ways to get help with debt settlement, but for you to utilize one, you may want to ask yourself, "Do I really need it?"]]></description>
      <pubDate>Thu, 17 Sep 2009 07:00:22 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[3 Often Overlooked Tricks to Eliminate Debt]]></title>
      <link>http://www.gobankingrates.com/debt/get-out-of-debt-free-cards-commonly-overlooked-tricks-to-eliminate-debt/</link>
      <description><![CDATA[Once you find yourself in debt, it may feel like there are no possibilities of fixing your situation. However, there are ways to eliminate your debt without having to opt for bankruptcy. Some options may take months, while others may take years. But you can pay down and eventually pay off your debt if you really try.]]></description>
      <pubDate>Tue, 15 Sep 2009 07:00:30 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Do Debt Settlements Affect My Credit Score?]]></title>
      <link>http://www.gobankingrates.com/credit/do-debt-settlements-affect-my-credit-score/</link>
      <description><![CDATA[Are you considering debt settlement but are afraid of what it might do to your credit score? You definitely should be a tad bit concerned simply because just about any activity that affects your credit could in turn affect your credit score. The truth is depending on the situation, debt settlement could have a negative impact; however, there are scenarios where it may not. So let's take a closer look at specific scenarios to determine how it may affect your score.]]></description>
      <pubDate>Mon, 14 Sep 2009 09:33:44 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Understanding Debt Settlements]]></title>
      <link>http://www.gobankingrates.com/debt/understanding-debt-settlements/</link>
      <description><![CDATA[The thought of a debt settlement may be exciting when you think about the fact that your debt will be paid in full in just a few months. But slow down first and take a moment to understand debt settlement. You might be turned off from them when you learn about all that might be affected in the process.]]></description>
      <pubDate>Thu, 10 Sep 2009 16:43:06 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[A Guide to Declaring Bankruptcy]]></title>
      <link>http://www.gobankingrates.com/debt/a-guide-to-declaring-bankruptcy/</link>
      <description><![CDATA[As much as you may try, sometimes you cannot get a hold of your finances.
It happens. If you feel overwhelmed and credit counseling programs haven't helped, you might be forced to declare bankruptcy. Declaring bankruptcy is a big step, so make sure you kn...]]></description>
      <pubDate>Thu, 10 Sep 2009 13:53:14 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[A Guide to Debt Settlement]]></title>
      <link>http://www.gobankingrates.com/debt/a-guide-to-debt-settlement/</link>
      <description><![CDATA[Before you think about signing on the dotted line with a debt settlement company, it's important to understand just what debt settlement is and what it means if you agree to do it. To help you get a better understanding, let's take a look at this brief guide to debt settlement. This way, you won't agree to something you just don't want to take part in.]]></description>
      <pubDate>Wed, 02 Sep 2009 08:00:22 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Ways to Go About Paying Back Student Loans]]></title>
      <link>http://www.gobankingrates.com/debt/ways-to-go-about-paying-back-student-loans/</link>
      <description><![CDATA[While in undergrad or graduate school student loans may not feel like real money that you're borrowing. But come graduation, it's payback time and that's when you start feeling the burden of the student loans.]]></description>
      <pubDate>Fri, 21 Aug 2009 13:29:44 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Good Debt and Bad Debt Differences: What You Should Know]]></title>
      <link>http://www.gobankingrates.com/debt/good-debt-and-bad-debt-differences-what-you-should-know/</link>
      <description><![CDATA[People who have some type of credit will have some type of debt.  These debts come in various forms, such as credit card balances, student loans, auto loans, mortgage loans, etc. However, there is a difference between good debt and bad debt.]]></description>
      <pubDate>Tue, 21 Jul 2009 17:27:26 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[How to Stop Debt Collector Calls]]></title>
      <link>http://www.gobankingrates.com/debt/how-to-stop-debt-collector-calls/</link>
      <description><![CDATA[If debt collector calls are getting you down, rest assured that there are ways to stop them from contacting you. Thanks to the Federal Trade Commission, acts have been put in place to protect you from abusive practices that can leave you feeling more threatened than excited about paying off an old credit card balance.]]></description>
      <pubDate>Mon, 25 May 2009 08:00:56 -0500</pubDate>
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