Welcome to the Carnival of Debt Reduction – Quotable Quotes Edition at Ask Mr. Credit Card’s Blog. If you are new here, please feel free to have a look around, and grab our free RSS Feed.

We are featuring some excellent articles today, so grab a cup of coffee and relax while you check them out! I’ve included some quick quotes from the articles that I’ve chosen as my Editor’s Picks.

Enjoy!
Mr. CC

• **Editor’s Choice: I pick up pennies has a wonderful article on How to deal with debt collectors.
  

  “These days, it seems like “debt collection” doesn’t have the same gravitas as when I was younger. Perhaps it’s nostalgia, where some things loom larger than life.

  Perhaps it speaks to my comfortably middle-class upbringing — not paying one’s debts was simply unthinkable — or maybe people were already too comfortable with living above their means, even before the current economic crisis.

  Whatever the reason, the term that used to seem ominous has apparently become rather commonplace. It’s lost its power.”

• Sun presents Recession Survival Guide posted at The Sun’s Financial Diary.
• The Financial Blogger presents Definition of a Credit Score posted at The Credit Tool Box.
• Laura tells us how she’s Throwing a snowball at my debt on her site No More Spending.
• MoneyNing has a great article that discusses Counter Intuitive Way of Lowering Your Spending posted at Personal Finance Blog by Money Ning.
• Christian Debt Help wrote a thought provoking post called Faith-Based Investing

• **Editor’s Choice: Beginner Investing gives some very sage advice in their post: The First Investment a Beginner Should Make.
  

  “Get ready, because this advice is the only sure thing you will ever find in the investment world. It’s a guaranteed can’t lose investment that will earn you between 12-25% return on your money. Plus, it’s an investment that’s available to almost anyone.

  Ready to hear it already?

  PAY OFF YOUR CREDIT CARD DEBT

  It’s that simple.”

• My Dollar Plan gives us the lowdown on the $8,000 First Time Home Buyer Tax Credit.
• M is for Money submitted a post called Deliverance from Debt: Keeping Focused.
• The Smarter Wallet presents Student Loan Programs To Pay For My College Tuition Costs posted at The Smarter Wallet.
• The Paycheck Chronicles wonders if you have Written a Budget Yet?
• Pimp Your Finances submitted a post called Get Out of Debt – January Update!
• David presents Do It Yourself Debt Reduction. posted at My Two Dollars.
• Aetius Romulous presents Meltdown: or How I learned To Stop Worrying and Embrace the Debt « ScreamBucket posted at ScreamBucket.

• **Editor’s Choice: Out of Debt – Christian Finances and Debt Help helps us all out with this post: Get Your Taxes Done for Free!
  

  “Right now the secret shopping firm Market Force is looking for people to have their taxes done for free as part of a mystery shop. Not only will all of your fees be reimbursed by Market Force, but you will make $70 getting your taxes done.”

• Silicon Valley Blogger presents Experian Credit Score and Report Dropped From myFICO: One Less FICO Score posted at The Digerati Life.
• Tushar Mathur presents Zecco: Free stock Trades ? posted at Everything Finance.
• Personal Finance Analyst wrote a post called Packing a Little Extra Snow on Your Snowball.
• Debt Advice wrote a post about debt: What’s the Difference Between Good Debt and Bad Debt?
• DebtGoal wrote an interesting article, Don’t Believe These 7 Credit Card Myths:
• Tom Tessin presents Signs You Need To File For Bankruptcy posted at FSC Blog.
• rcbutler presents 5 Amazingly Simple No-To-Low Budget Marketing Strategies.

• **Editor’s Choice: Credit Card Addict issued a timely warning with this article: Experian Credit Scores to Go Dark.
  

  “If you want to see your Experian credit score, you’d better hurry. Fair Isaac, the company that created the FICO score, will not be allowed to sell credit scores based on Experian’s data beyond February 14th, 2009. In the past, you’ve been able to check your FICO scores based on data from all three credit bureaus via myFICO.com.

  For their part, Experian plans to continue selling their own proprietary credit scores to directly to lenders. In other words, lenders will be able to check your Experian score, but you won’t be able to check it yourself.”

• Raily Arena gives some timely Tips That Will Get Your Home Sold Quicker posted at How to Sell Your Own Home.
• Scott Crawford gives a great guide on how to Create Your Own Bailout Plan posted at DebtGoal.
• Destroy Debt has some More Grocery Shopping Saving Tips posted at Destroy Debt.
• Deposit Accounts tells you how to Get the Most Out of Your Tax Refund posted at Deposit Accounts.
• Debt Help and Advice wonders: What Are the Root Causes of Debt?
  
• Lance Cooper presents Obama’s Stimulus Plan Is A Complete Joke posted at Recession Thoughts.
• Peter talks about $1000 To Start An Emergency Fund posted at Bible Money Matters.
• Ryan Healy discloses his Outstanding Debt as of Feb 2009 posted at Debt Reduction Formula.

• **Editor’s Choice: Penny Jobs.com featured this article: Understanding The Economy: Part 4: The Global Financial Crisis and Collapse of the Dollar.
  

  “The other day I saw an interview with Dick Cheney and when asked about the market collapse, he said “No one saw this coming” – a classic political response, but not true.

  Many people saw the housing bubble forming, just like they saw the tech bubble forming in 2000, but no one wanted to listen to them. The politicians rely on relationships with other leaders that agree with their ideas and squeeze out all naysayers, which put them in a position of missing very obvious market bubbles. “

• Debt Free Destiny tells you how to Make Your Job Resistant to the Recession posted at Debt Free Destiny.
• Dan Melson has A Good Proposal For Dealing With The Mortgage Problem at Searchlight Crusade.
• Savings Toolbox wonders if you are Finding Yourself unable to Make Your Mortgage Payments? posted at Savings Toolbox.
• Debt Freedom Fighter presents How Does the Debt Collection Process Work? posted at Discover Debt Freedom.
• Personal Finance Ology tells you how to Create Your Dream Home And Put Money In Your Pocket
• Chris discusses House-hunting expenses and how to minimize them (part 2) posted at Home I Own.
• Kelly from Almost Frugal presents The other side of the card posted at Almost Frugal- a frugal blog.
• Finance Tips 101 gives some great information about Scholarship And Grant Information For Interested High School Graduates posted at Finance Tips 101.

• **Editor’s Choice: Living Almost Large takes on a reader’s question with: Can you be too frugal?
  

  A reader (maclover), asked me to ask others if he was being too harsh on his wife for spending money on clothes. I am about to lay out all the details of the spending and earning power of this lovely couple and see what others think.

  Maclover makes a great living. His wife is currently in residency and has a large earning power as well. So what is the fight about? Whether or not spending $500/month on clothes is outrageous? Maclover would like his wife to cut back on her clothes shopping. However, she refuses. Yet he is unsure if he is being cheap or frugal.

• FFB hits home with 9 Excuses Why You Haven’t Started A Budget Yet posted at Free From Broke.
• FIRE Finance takes a new angle with: Smart Refrigeration Lowers Electricity Bill posted at FIRE Finance.
• The always entertaining J. Money presents Ohhh how I love me some Taxes!!! Just got ‘em back… posted at Budgets are Sexy..
• Save Money presents Frugal Frauds Revealed posted at How I Save Money.net.
• Noel Roberts reminds us that An investment in knowledge, is the BEST investment posted at The Official Blog of RKOTB.
• KCLau has a Money Tips Group Writing Project posted at KCLau’s Money Tips.

That’s it for this edition of The Carnival of Debt Reduction! Thank you for your submission, I enjoyed reading them!

This entry was posted on Monday, February 23rd, 2009 at 18:30 and is filed under Blog Carnivals, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.