So, I’m guessing that you’ve got some credit card bills you’re looking to take care of without paying? Join the club! It would be great if we could all just run up a mountain of bills and then simply eliminate credit card debt without paying. If we all did that though, we would no doubt be a society of deadbeats! Trust me when I tell you that you are not the first one to try to find a way to eliminate credit card debt without paying. If you really think about it though, there is one way to do it! The answer is so obvious and simple that it might even shock you! Are you ready for it? Just don’t pay them! See, I told you it was simple. However, that usually isn’t the answer people are looking for, because they know that by not paying their unsecured credit card…

It isn’t uncommon these days for individuals to have more credit card debt than they can pay. As a matter of fact, some people have said it is an epidemic of sorts. Over the past couple of years, the amount of unsecured debt that individuals have amassed has grown to levels not seen before. Now that the cards are maxed out and the bills are starting to pile up, more and more people are wondering how to eliminate credit card debt legally. Before we get into that though, there is one thing that needs to be addressed. Credit cards are unsecured. This means that there is no collateral that the bank can take if you don’t pay, the cops are not going to show up at your door, and any sort of court proceedings that take place will be on a civil level. So, in reality, you don’t have to…

State insurance regulators Monday voted in favor of a proposal that would allow carriers to terminate an annuity living or death benefit if a client sold the contract over the secondary market. The management committee and full commission of the Interstate Insurance Product Regulation Commission, a group that’s affiliated with the National Association of Insurance Commissioners, voted in favor of a uniform set of additional standards for guaranteed living and death benefits that are attached to individual deferred annuities. The full commission, with the exception of Indiana, voted in favor of the proposal. Some 36 jurisdictions are in the IIPRC, including Puerto Rico. Though the new standards include updated requirements for living- and death-benefit forms, including an explanation of how carriers would determine the guaranteed-benefit base and the conditions under which the base could increase or decrease, they also contain the hotly debated provision that would permit carriers…

EUR/USD The Technical Picture: EUR/USD again made a new 10-month low last week, this time at 1.3444, within its recent decline, and thereby keeping its outlook bearish. The rate remains well below its 200-day MA now at 1.4346, but with the 14-day RSI skirting oversold territory at 36, some consolidation may be in order below the declining trend line at 1.3716. Furthermore, the latest low has approached the 1.236 projection of the move from 1.5144 to 1.4217 projected off the reaction high of 1.4579, with additional Fibonacci projection levels of 1:1.382 = 1.3298, 1:1.5000= 1.3189 and 1:1.618 at 1.3079 now potentially coming into play. Now trading at 1.3594, support for EUR/USD comes in at 1.3531, 1.3423/44 and 1.3246, while resistance to the topside can be found at 1.3654, in the 1.3788 to 1.3839 congestion region, and at 1.4026. USD/JPY The Technical Picture: USD/JPY saw an upside break of converging trend lines around the psychological 90.00 level last week that prompted the expected rise in volatility mentioned last…