The easiest way to reduce credit card debt is through a home equity loan, but there are debt-reduction options out there for those who don’t own a home. With a little wisdom and planning, you can get to work on securing your financial freedom. Let the professionals work for you. Some companies specialize in negotiating… Read More »

Good education costs a lot of money, and by the time you finish, you could be thousands in debt, and that is before earning any money. Students today are raking up an expensive debt bill. So, you have gone into higher education. You now face a lot of debt. First, you may get a loan,… Read More »

Any person that uses credit cards owes money on a personal loan, or pays a home mortgage is a “debtor.” Taking loans and making payments has become a standard practice among homebuyers, people looking to purchase a car, or attending college or university. When a person falls behind in repaying his or her creditors or… Read More »

If you are overburdened with credit card bills, medical bills, wedding expenses, auto loans, personal loans and many other outstanding payments, it is right to go for debt consolidation. Debt consolidation endeavours to consolidate your multiple debts into a single, easily manageable loan. But remember, it is not just bringing multiple debts under one creditor.… Read More »

Debt Management Plans Debt Management Plans (DMP) are placed one step beyond credit counselling and a stone’s throw short of bankruptcy. If you are too deep into debt and unable to pay them, a credit counselling agency may recommend Debt Management Plans. This is a serious step that should be considered carefully along with better… Read More »

Life is a b*tch but we all know that so might as well stop whining. Or so they say. So you have financial problems. Well, you’re not alone there. Everyone’s got one. Except for Paris Hilton and Nicole Ritchie, maybe. But since we can’t trade places, we’re stuck with our financial worries. You go over… Read More »

Many people in our modern society live from paycheck to paycheck. Most of them do not even see where the money they earn from a month-long work goes a day after the payday. A lot of them are in deep financial trouble and are already on the brink of filing for bankruptcy. Is this what… Read More »

Being credit savvy is the best way to guarantee the best and lowest rates on mortgages, auto loans, and personal loans. Unfortunately, millions of Americans suffer from credit denial. They acquire an enormous amount of debt, and instead of creating a plan to reduce debt, they ignore the problem. However, your debt will not miraculously… Read More »

Sometimes debt can seem overwhelming. In those instances, or even before things get that far out of hand, get back to basics and try some of these debt-handling solutions. BASICS – Lower insurance deductibles for your homeowners, renters and vehicles policies where appropriate and save money. Don’t take chances on bouncing checks; instead, get covered… Read More »

It’s a question that has stumped wise men (with overdrawn credit limits) for generations. Do I file for bankruptcy, or do I get a debt consolidation loan and spend ten years paying off my debt? The simple answer is if you can do the latter, do it. Sure, bankruptcy means you don’t owe anything to… Read More »