|
|
|
Debt Counselling – Healing Touch For The Ailing Finances
The financial stories remain similar over the months and the years. With debts becoming a nuisance, people make resolutions and resolve to stand by these resolutions. But, once on a spending spree, little do they care for the resolutions that they...
Debt Settlement & Income Taxes -- What You Need to Know
Debt settlement has become a popular approach to resolving problem debts without having to file bankruptcy. With this approach, creditors agree to accept a portion of what you owe (usually around 50% or less) to settle the account, and the...
Different Ways Of Dealing With Debt.
Bills, creditors, debt collectors. Are you yearning for the days when all you had to worry about was the money in your piggy bank? If so, you are far from alone. Whether its illness, loss of a job, or simple overspending, it happens to the best of...
Great information on debt consolidation home loans
If you are facing the frightening perspective of getting buried
in debts, credits or mortgages, you should know there is a way
of easing your life. And this way is called debt consolidation
home loan.
What is exactly a debt consolidation...
Overwhelming Debt? Bankruptcy May Be Your Way Out, But Maybe Not
Things are bad, really bad. They have to be for you to be considering bankruptcy. It's true that bankruptcy can wipe away your debts, or most of them anyway. Taxes are exempt from bankruptcy protection. You can declare bankruptcy, but if a...
|
|
| |
|
|
|
|
|
|
Beating Debt with a Stick
Debt is a Product in America The #1 sickness in America
concerning finances right now is debt. Debt is a product in our
culture and it is vigorously aimed at you and me everyday,
everywhere. As a society, we borrow more money than the last two
generations times two and your online credit report reflects
these habits! Some companies like Sears make more profit from
their credit department than from all the physical products they
sell.
But It's the Norm Isn't It? We are programmed from childhood to
make automatic decisions regarding our personal spending habits
thus negatively affecting our online credit report. A few 'real
world' examples are listed below: ∙ leasing a car instead
of paying for it in cash (unheard of right?) ∙ 90 days
same as cash (NOT... really the same in more than 75% of the
cases) ∙ rent-to-own (translation = paying 2, 3, 4 times
the actual value of the product) ∙ 30 year vs. 15 year
mortgages (an accepted lengthy and very costly way of purchasing
a house) What to do? Well, I hate to give the obvious answer
here but how about saving money! Try saving money in a money
market account for a couple years and then paying for a slightly
used car in cash or with a 50 to 75% down payment. Wow, imagine
having that extra money every month that most people dump into
their lease or high rate loan. Try saving money for 3-6 months
interest and risk free for that thing that you needed and you
might find that you can get it cheaper with hundreds OR even
that you want to use your hard-earned money for something more
practical. Your credit report will thank you as well.
Penny Pinching is Boring!
Most people today think that to be frugal one must live out of
a shack and only make purchases when they are on clearance (or
if it's life or death). Well they're only half right. Have you
heard the expression "It's the little things that count"? This
holds very true when dealing with financial decisions.
While
large purchases definitely have great effect on one's online
credit report as well as their overall situation, it is often
the everyday spending habits that accumulate and hold them back
from attaining wealth of any sort. What many people fail to
realize is that the majority of true millionaires in America
(those with net worths exceeding 1 million dollars) got rich
from thinking outside the box and not following the crowd. Try
thinking a little more about how you handle your money and you
might find that you know more than you think you do.
Summing Up the Debt Sickness Fiasco
A decision as simple as using a debit credit card instead of a
credit card shows discipline. Report that paying with cash
instead of credit shows that you have properly budgeted your
money and it just feels better to own something the day you walk
away with it. Your credit report will also reflect these
positive actions. Since the average consumer has little control
over their own spending habits, the credit report picks up the
slack and in turn there are more negative items to show for it.
Even statistics show that using cash when making purchases will
greatly reduce spending thus causing you to think harder as a
consumer before swiping that credit card. Get off to a good
start by seeing what is on your online credit report. By
removing negative items from your online credit report you can
improve your credit rating.
To read more about how you can get your online credit report
free with no obligations, see what is on your file and find out
how to fix it go to http://www.cleancreditonline.com
About the author:
"Beating Debt with a Stick" - © Tom Justice (2005)
Redistribution is allowed assuming all content is left the same.
Tom Justice is the webmaster for Clean Credit Online and does
all the designing, marketing, SEO and maintenance the site. He
has a passion for personal finance and how the economy and
consumers are affected by money.
|
|
|
|
|
| Advertisements Promising Debt Relief May Be Offering Bankruptcy |
| Cautions consumers about ads in newspaper, magazine and telephone directories that offer quick fixes for debt problems. |
| www.ftc.gov |
|
| Welcome to Debt Relief International |
| Welcome to the web site of Debt Relief International. |
| www.dri.org.uk |
|
| Debt relief steps, your free guide to debt help. |
| Articles on debt relief, and credit management and repair. |
| www.debtsteps.com |
|
| Factsheet - Debt Relief Under the Heavily Indebted Poor Countries ... |
| The HIPC Initiative is a comprehensive approach to debt reduction for heavily indebted poor countries pursuing IMF- and World Bank-supported adjustment and ... |
| www.imf.org |
|
| Special report: debt relief | Special reports | Guardian Unlimited |
| February 6: A year ago the Guardian set out to track the west's promises of action for Africa on aid, trade, health and debt relief. As G8 finance ministers ... |
| www.guardian.co.uk |
|
| Debt Relief Options - Findlaw for the Public - |
| Welcome to Debt Relief Options. This section contains information about the ... To begin, select one of the Debt Relief Options topics from the list below ... |
| bankruptcy.findlaw.com |
|
| William Brewer |
| The Brewer Law Firm. William E. Brewer, Jr., Attorney at Law Board Certified Consumer Bankruptcy Specialist. 619 N. Person Street Raleigh, NC 27604 ... |
| www.debtrelief.com |
|
| Debt Relief - InCharge Debt Solutions |
| There are many ways to get out of debt, for good, and it may be easier than you think. The first step is knowing your options, the second step is taking ... |
| www.incharge.org |
|
| Economic Policy and Debt |
| May 2006, IMF And World Bank Support Cameroon’s Completion Point Under The Enhanced HIPC Initiative And The IMF Immediately Grants 100 Percent Debt Relief ... |
| www.worldbank.org |
|
| Economic Policy and Debt - The Enhanced HIPC Initiative |
| The Initiative’s debt-burden thresholds were adjusted downward, which enabled a broader group of countries to qualify for larger volumes of debt relief. ... |
| www.worldbank.org |
|
| Debt relief - Wikipedia, the free encyclopedia |
| Debt relief is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. ... |
| en.wikipedia.org |
|
| Debt Analyzer, Debt Reduction Software, Home Page |
| Debt Elimination at its best! Potential savings of hundreds or thousands of dollars! Build debt reduction, timed elimination or consolidation schedules. |
| www.debtanalyzer.com |
|
| Superior Debt Relief |
| We help you get rid of credit card debt much faster than you may believe possible with credit card debt settlement and negotiation tactics, providing debt ... |
| www.superiordebtrelief.com |
|
| Debt Relief - Social and Economic Policy - Global Policy Forum |
| Aid Inflows, Debt Relief Yet to Translate into Reduced Poverty (March 20, 2006) ... Fearing that the IMF could tie debt relief to economic benchmarks, ... |
| www.globalpolicy.org |
|
| Debt Relief - Global Policy Forum - Social and Economic Policy |
| Debt Relief - Global Policy Forum - Social and Economic Policy. The Debt Relief Page Has Been Moved to: ... |
| www.globalpolicy.org |
|
| BBC NEWS | Business | Q&A: African debt relief |
| BBC News looks at the progress of international debt reduction efforts, and the sticking points which continue to hamper the process. |
| news.bbc.co.uk |
|
| Debt Relief Australia - Start Reducing Debt Today! |
| Debt Relief offers Australians in debt assistance with finding the most appropriate debt relief solution. |
| www.debtrelief.com.au |
|
| Debt Consolidation Australia, Debt Relief & Bankruptcy Information |
| Specialising in debt agreements, mortgage refinancing and bankruptcy. Company profile, calculators, solutions, media releases, testimonials and existing ... |
| www.foxsymes.com.au |
|
| Oxfam - Debt and Aid - Debt Relief for Nicaragua: breaking out of ... |
| Oxfam policy paper on relationship between international debt servicing and poverty. Linked to table of contents and also zipped for download. |
| www.oxfam.org.uk |
|
| What debt relief means for Africa | csmonitor.com |
| This weekend's $40 billion debt cancellation deal could spark major improvements in the lives of the world's poorest people. |
| www.csmonitor.com |
|
|