The seventh and last defendant implicated in the Federal Trade Commission‘s largest case of credit counseling fraud has pleaded guilty to deceiving consumers who paid a for-profit company that was acting as a nonprofit organization for credit counseling services, according to a Newsday.com article (“Last Defendant Pleads Guilty in Credit Card Debt Scam,” Sept. 13, 2008). (more…)

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Many Americans are overwhelmed with debt, some are barely keeping their heads above water, and others are just looking for practical solutions to weather the current economy.

From CNNMoney.com, here are some things you should know about money, debt, and how to manage your finances to help you live within your means.

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