Debt and You: See What Steps You Should Take Towards Your Debt-Free Future
Saturday, January 31st, 2009Unsecured DebtUnsecured debt most often presents itself in the form of credit cards, or other unsecured loans, such as payday loans. “Unsecured” means there’s no collateral to back up the loan or debt. Unsecured debt often has higher interest rates as a result.Building credit: With credit cards, as a general rule, you should pay off [...]
Break These 5 Financial Habits To Become Debt Free
Tuesday, January 20th, 2009None of us are perfect when it comes down to bad habits, but some are worse than others; not understanding your debt or finances is one of them. Kicking these bad habits into touch means that you can look towards becoming debt free:1: Too many credit cards – Did you know that there are more [...]
9 Questions You Need to Ask yourself Before Pursuing Debt Settlement
Tuesday, January 13th, 2009It’s no secret that Americans are struggling financially. Massive layoffs, inflation, unaffordable healthcare, skyrocketing gas prices and hiked-up interest rates on credit card accounts are plunging millions of consumers to the brink of bankruptcy. However, many of the would-be bankrupt are turning to a less drastic solution to their debt problems: debt settlement.A Super-Short History [...]
In Debt? What are Your Options?
Sunday, January 11th, 2009In the UK, there are four main options for dealing with debt:Debt consolidation - borrowing more money but reducing your monthly payment;Debt management plan - reducing your monthly payments without borrowing more money;Individual voluntary arrangement - a formal legal procedure which offers a write-off of debt after a prescribed period of time, generally, five years;Bankruptcy [...]
Debt Reduction Strategies
Friday, January 9th, 2009It is so easy to get into debt! Credit card companies supply the American consumer with countless offers of credit. We are offered 90 Days Same as Cash, an unattainable 0% interest and No Money Down. Paying with credit is easy, just swipe your card or wave your magic keychain. All of these are ploys [...]
Debt Management Advice
Tuesday, January 6th, 2009As credit card balances continue to accumulate for a majority of Americans even as the national economic future appears ever more dire, increasing numbers of borrowers are taking their financial obligations by the horns and investigating the debt management solutions that would allow them to lower their interest rates and eventually eliminate all of their [...]
Lifting the Veil on Debt Consolidation UK
Friday, January 2nd, 2009You’re sitting there one day, off from work due to the stress of your unsecured debts weighing heavily upon your shoulders. Suddenly, in the background noise from the TV you hear a fantastic deal - consolidate your existing debts into ‘one easy affordable loan’. You think wow, just what I need to get my debts [...]













