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ShapiroLaw

  1. If you have any Credit - Debt - Mortgage questions send us a message @shapirolaw
  2. 43% of American households spend more than they earn each year. – Homeownership Preservation Foundation
  3. "At the end of Q1-2009 22% of homes with mortgages were underwater i.e. the debt outstanding on the home was greater than the actual value."
  4. If you think nobody cares if you're alive, try missing a couple of car payments. Earl Wilson
  5. Debt is like any other trap, easy enough to get into, but hard enough to get out of. Henry Wheeler Shaw
  6. In 2007 consumers filed 70,951 complaints against debt collectors up from 13,950 in 2000.
  7. With a $5,000 balance and 16% APR making a $125 payment a month, it would take 4.8 years and $2,000 in interest to pay off the balance.
  8. Every 79 seconds, a thief steals someone's identity, opens accounts in the victim's name, and goes on a buying spree.