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Debt Consolidation: BE DEBT FREE--The different ways to consolidate your debts.
A debt consolidation loan is a loan taken to consolidate a number of loans into one manageable loan. A debt consolidation loan can also help you in reducing the cost of your total debt as it usually carries a lower rate of interest than other...
Debt Consolidation for Americans
Times are hard for many Americans, with interest rates going up,
sky high gas prices, and overall inflation, so it's not
surprising that many families find themselves in financial
difficulty that's frightening enough to cause them to...
Free From Debt
Are you tried of going to the mail box and find many bills in
there waiting for taking out your check book? Have you ever
wondered if you will ever be free? Each month you pay the
minimums and although you KNOW you've got a handle on it -...
How Can I Become Debt Free?
1. You must change. You have to change your spending habits and spend less than you make no matter what. Its good for everyone. Especially if you are in debt. I know it’s hard to do with our current lifestyle of keeping up, but when you are debt...
Should You Really Give A Sheet About Debt Reduction Worksheets?
Debt reduction worksheets don't just work to reduce your debt effectively...they reduce the time, energy and stress on any debtor trying to figure out their finances, or any other money situation like tax forms that can be mired with legal-ease and...
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Credit Card Debt And The Interest Only Loan
Here is an example of the system gone wrong: a mortgage loan
that encourages paying off one debt, in order to over extend
yourself with another debt. This is what happens with the
interest only loan and credit card debt. As a borrowing nation,
I believe we've reached new depths.
It would seem that in this century we've managed to take every
form of credit possible, extend it to the limit for some of the
public, and then look at them as if to say, "You mean you can't
pay?" What do these loan and credit card companies think they're
going to be facing, when the amount of credit and mortgage
they're willing to extend, reaches beyond the acceptable debt to
income ratios? Why do they think these were established in the
first place? More consumers than ever before owe credit card
debt. It's the way to go, many college campus' are overrun with
representatives from the major credit card companies, eager to
extend credit to the young fresh hands of the college student.
Are they as ready to work with them when they've over extended
themselves?
No. What about the rest of the spending public? How
do they handle their credit card debt? Well, thanks to the
interest only loan, we can now pay off credit card debt we can't
afford, with a mortgage we can't afford. Now, that's progressive
thinking. The interest only loan is now a tool for replacing
non-deductible over extended debt, with tax deductible over
extended debt, and the consumer continues to be the one to pay.
This is not a wise option, if you're already spending more than
your budget will allow. How about cutting back? Did that ever
occur to the mortgage company? No, because they don't make any
money off of the fact that you spend less. As a fellow
consumer, each of us should take the time to question our
spending. Is it wise? Is it necessary? If the answer to either
question is no, then don't spend. You don't want to have to make
the decision between over the limit spending, and a nice, warm
bed.
About the author:
John Williams writes about interest only mortgages
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| Debt relief steps, your free guide to debt help. |
| Articles on debt relief, and credit management and repair. |
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| 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 |
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| 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 |
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| William Brewer |
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| 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 ... |
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| 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 |
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| 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. ... |
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| 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. ... |
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| 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 |
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| Debt Relief - Global Policy Forum - Social and Economic Policy |
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| 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. |
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| Debt Relief Australia - Start Reducing Debt Today! |
| Debt Relief offers Australians in debt assistance with finding the most appropriate debt relief solution. |
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| Debt Consolidation Australia, Debt Relief & Bankruptcy Information |
| Specialising in debt agreements, mortgage refinancing and bankruptcy. Company profile, calculators, solutions, media releases, testimonials and existing ... |
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| 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. |
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| 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. |
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