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	<title>SettlementMax - Financial Freedom&#187; Articles Archives  &#8211; settlementmax</title>
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		<title>Debts that are impacting our quality of life</title>
		<link>http://settlementmax.com/blog/debts-impacting-quality-life/</link>
		<comments>http://settlementmax.com/blog/debts-impacting-quality-life/#comments</comments>
		<pubDate>Mon, 16 Nov 2009 22:39:49 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=353</guid>
		<description><![CDATA[Debts that are impacting our quality of life can cause grief among us.  Unless a serious problem is at steak, most people fail to contain and reduce debt or even learn how to do so.  A number of people that choose not to admit their debt problem for a long time end up regretting it. 

Most people don’t want any advice at all, nor do they admit that they have any sort of problem.  Debtors often don’t think it is serious enough of a problem to seek advice.  A lot of people believe that it is solely their fault and that they should deal with the problem themselves
]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Too Much Government Debt</title>
		<link>http://settlementmax.com/blog/too-much-government-debt/</link>
		<comments>http://settlementmax.com/blog/too-much-government-debt/#comments</comments>
		<pubDate>Fri, 08 Jan 2010 21:12:55 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[debt]]></category>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=739</guid>
		<description><![CDATA[It is argued that a lot of debt becomes too much debt for a country when government debt rises above 90% above national gross domestic product.  Two economists, Kenneth Rogoff and Carmen Reinhart argue this in their publication American Economic Review and present us with some interesting facts]]></description>
		<wfw:commentRss>http://settlementmax.com/blog/too-much-government-debt/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Funding Retirement Or Paying Off Debt?</title>
		<link>http://settlementmax.com/blog/funding-retirement-or-paying-off-debt/</link>
		<comments>http://settlementmax.com/blog/funding-retirement-or-paying-off-debt/#comments</comments>
		<pubDate>Thu, 07 Jan 2010 15:11:33 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=736</guid>
		<description><![CDATA[It is a common dilemma when one must decide if they should stop funding their retirement to focus on paying off debt.  There are very few circumstances where high interest or interest of 9%-12% debt shouldn’t be top priority.  Double digit interest is very difficult to deal with.  If you are dealing with high interest debt, it’s most likely because you haven’t been living within your means.]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Critics Doubt Latest Jobs Bill Will Really Produce Jobs</title>
		<link>http://settlementmax.com/blog/critics-doubt-latest-jobs-bill-will-really-produce-jobs/</link>
		<comments>http://settlementmax.com/blog/critics-doubt-latest-jobs-bill-will-really-produce-jobs/#comments</comments>
		<pubDate>Mon, 04 Jan 2010 16:06:05 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[american]]></category>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=730</guid>
		<description><![CDATA[When the Senate takes up a jobs bill later this month or early in February, the debate will center on whether it really will create jobs and be worth plunging the government tens of billions of dollars further into debt. 

Republicans scoff at the "Jobs for Main Street Act" title that House Democrats put on their $174 billion package last 
]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Runaway spending continues as Congress raises debt ceiling to almost $14 trillion</title>
		<link>http://settlementmax.com/blog/runaway-spending-continues-congress-raises-debt-ceiling-14-trillion/</link>
		<comments>http://settlementmax.com/blog/runaway-spending-continues-congress-raises-debt-ceiling-14-trillion/#comments</comments>
		<pubDate>Mon, 14 Dec 2009 21:13:26 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=620</guid>
		<description><![CDATA[Despite a national debt that already exceeds $12 trillion, Barack Obama is poised to sign a bill currently working its way through Congress that would raise the debt ceilinganother $1.8 trillion. This would bring the new debt ceiling to almost $14 trillion.

In addition to increasing the ceiling for national debt, Congress is also in the process of passing an omnibus spending bill that will cost taxpayers $447 billion. Included in this omnibus spending bill are over 5,000 earmarks totaling close to $4 billion.]]></description>
		<wfw:commentRss>http://settlementmax.com/blog/runaway-spending-continues-congress-raises-debt-ceiling-14-trillion/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Debt stress causing health problems, poll finds</title>
		<link>http://settlementmax.com/blog/debt-stress-causing-health-problems-poll-finds/</link>
		<comments>http://settlementmax.com/blog/debt-stress-causing-health-problems-poll-finds/#comments</comments>
		<pubDate>Wed, 09 Dec 2009 23:44:29 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=604</guid>
		<description><![CDATA[WASHINGTON - The stress from deepening debt is becoming a major pain in the neck — and the back and the head and the stomach — for millions of Americans.

When people are dealing with mountains of debt, they're much more likely to report health problems, too, according to an Associated Press-AOL Health poll. And not just little stuff; this meansulcers, severe depression, even heart attacks. ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Man Has 1,497 Credit Cards</title>
		<link>http://settlementmax.com/blog/man-has-1497-credit-cards/</link>
		<comments>http://settlementmax.com/blog/man-has-1497-credit-cards/#comments</comments>
		<pubDate>Mon, 07 Dec 2009 21:29:15 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=589</guid>
		<description><![CDATA[Walter Cavanagh has 1,497 valid credit cards -- all of which amount to a $1.7 million line of credit.

Currently, he holds the record for the most credit cards and for the world's longest wallet, which stretches 250 feet, weighs about 38 pounds and can hold 800 cards. But he keeps most of them in bank safe-deposit boxes.

The "Guinness Book of World Records" gave him the title "Mr. Plastic Fantastic," and he has been in the book every year since 1971.

 ]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>How Americans Got into a Credit-Card Mess</title>
		<link>http://settlementmax.com/blog/americans-credit-card-mess/</link>
		<comments>http://settlementmax.com/blog/americans-credit-card-mess/#comments</comments>
		<pubDate>Mon, 30 Nov 2009 21:55:25 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
				<category><![CDATA[Articles]]></category>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=559</guid>
		<description><![CDATA[Americans have a long, sordid history with borrowed money. In Collateral Damaged: The Marketing of Consumer Debt to America, Charles Geisst, a professor of finance at Manhattan College, takes us through the centuries to explain how we wound up at our most recent — and spectacular — credit bubble. TIME's Barbara Kiviat spoke with him

You write that one of the major myths about American society is that we 
]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Help me, I’m In Debt!</title>
		<link>http://settlementmax.com/blog/help-debt/</link>
		<comments>http://settlementmax.com/blog/help-debt/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 22:04:45 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=550</guid>
		<description><![CDATA[Consumers are simply overwhelmed by the financial straits in which many find themselves in and cannot make an informed decision. Many of you have had this experience. Panic begins to set in and you say, "Help I'm in debt. What can I do?" This is when you realize that you owe too much money to too many people and you might not be able  ...]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>The History of a Word: Budget</title>
		<link>http://settlementmax.com/blog/history-word-budget/</link>
		<comments>http://settlementmax.com/blog/history-word-budget/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 21:30:32 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=457</guid>
		<description><![CDATA[The origin of the word budget is the Latin bulga which is a little pouch or knapsack, which may have come from a Gaulish source that’s related to the Irish bolg, “bag”. The word turned up in English in the fifteenth century, having traveled via the French bougette, a diminutive form of bouge, “leather bag”. Its first meaning in English ...]]></description>
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		<slash:comments>9</slash:comments>
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		<title>Banks Are Jacking Up Interest Rates, Penalties And Fees</title>
		<link>http://settlementmax.com/blog/banks-are-jacking-up-interest-rates-penalties-and-fees/</link>
		<comments>http://settlementmax.com/blog/banks-are-jacking-up-interest-rates-penalties-and-fees/#comments</comments>
		<pubDate>Fri, 13 Nov 2009 21:45:09 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=326</guid>
		<description><![CDATA[Before a new law of reforms becomes effective in February of 2010, Credit card companies are raising interest rates, penalties and fees. As of July, interest rates spiked an average of 20% across the board from December 2008 with some issuers raising the interest rates 30 and even 50 percent. When the Pew Health Group [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Debt is Common</title>
		<link>http://settlementmax.com/blog/debt-common/</link>
		<comments>http://settlementmax.com/blog/debt-common/#comments</comments>
		<pubDate>Wed, 11 Nov 2009 17:36:42 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=273</guid>
		<description><![CDATA[Millions of people all over the world are facing the problem of having too much debt.  Eliminating these debts is not an easy task. However, there are various strategies you can use to eliminate ...]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>U.S. Debt &#8211; $65 Trillion</title>
		<link>http://settlementmax.com/blog/u-s-debt-65-trillion/</link>
		<comments>http://settlementmax.com/blog/u-s-debt-65-trillion/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 16:29:05 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=93</guid>
		<description><![CDATA[The total liabilities of the United States government, including future social security and medicare payments that the U.S. government is already committed to pay out, now exceed 65 trillion dollars, which is more than the entire GDP of the whole world.

]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Seniors &#8211; credit card debt</title>
		<link>http://settlementmax.com/blog/seniors-racking-credit-card-debt/</link>
		<comments>http://settlementmax.com/blog/seniors-racking-credit-card-debt/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 15:42:39 +0000</pubDate>
		<dc:creator>Power User</dc:creator>
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		<guid isPermaLink="false">http://settlementmax.com/blog/?p=87</guid>
		<description><![CDATA[Seniors racking up credit card debt
Here's a statistic that should give us all pause: The average credit card debt of seniors grew by 26% between 2005 and 2008, CreditCards.com reports. For the rest of us, the increase was a comparatively modest 3%
]]></description>
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