|
|
|
Debt Consolidation Loan
Debt consolidation loans can give you a fresh start, allowing you to consolidate all of your loans into one - giving you one easy to manage payment, and in most cases, at a lower rate of interest.
If your objective is to reduce...
Debt Management – More Ways to Save on Gas Consumption
The price of gas continues to climb, and with continued uncertainty in the Middle East, they will probably continue to do so. In California and elsewhere, prices for some grades of gas have now reached the previously unthinkable three dollars a...
Get out of Debt - Top 5 Reasons you need to Consolidate Loans
GET OUT OF DEBT - TOP FIVE REASONS YOU NEED TO CONSOLIDATE LOANS Today, the number of people filing for bankruptcy has skyrocketed by 44% in just the past 10 years with numbers continuing to climb. Consumer credit has reached an all-time high,...
Secrets To Why Debt Reduction Is So Vital For Your Financial Health
Why debt reduction is vital for your financial health
Living with debt is never a good idea if you want to make long-term financial plans. Every cent you use to service debt is money that could have been invested in your future. Investment is...
Unemployed debt consolidation: dissolving twin burden of unemployment and debt
Okay, did you wish on the fairy godmother to take away debts?
You are doubtful if it will work- especially when you are
unemployed. You are certainly not happy with the current
circumstances. You want to work, have the ability to pay your
own...
|
|
| |
|
|
|
|
|
|
Debt Consolidation: The Truth Is Out There
You’re broke. You’ve got bills that amount to more than what you could earn in a year. Heck, it’s even more than you could earn in a decade. You can’t borrow from your parents, your relatives, your friends or your ex-partner. And your bank manager has personally written you a letter – sadly, it’s not about the state of the weather but the state of your account. It’s soooo like Becky in Shopaholic it’s almost eerie. But alas, there will be no multi-millionaire named Luke to go dashing to your rescue. So what to do? Switch on the TV, of course. The nonsense pouring out from the boob tube would surely lessen the stress. And then…something catches your eye. What’s that? Oh my. Is that a sign from heaven?
Should you try debt consolidation?
Over the years, debt consolidation has become a popular method to use to conquer those outstanding bills from credit card companies, student loans and so on. Originally, debt consolidation started to boom with countless advertisements in the Internet but after a while, it also began to advertise in TV. Making itself a focus of attention in such a way was both a good thing and a bad thing for debt consolidation companies.
Good because it made more and more people aware that debt consolidation may be something they haven’t considered to getting them out of the financial trouble they’ve found themselves in.
Bad because their aggressive marketing has made other people --- like the government --- aware that they exist. And so now, a lot of debt consolidation companies have been targeted by a number of lawsuits over the years.
But first and foremost: what’s debt consolidation anyway? In a nutshell, debt consolidation is adding up all your outstanding bills and bringing them to the debt consolidation company. Then you have them talk with your creditors in giving you more time to pay off or lower the interest rates or the monthly payments. Debt consolidation companies are very careful to emphasize
that they don’t make your debts vanish, only tolerable and they help you to become financial worry-free, if there is such a state of being. Debt consolidation is also now known as debt settlement and debt negotiation. Anyway, it all means the same thing.
So is it advisable to use debt consolidation or is it a curse in disguise? It truly depends. If you try researching over the Internet, you’ll surely come across articles that warn you against enlisting the help of a debt consolidation company because in the end, you’ll be more financially bankrupt than you were before. But some articles say that it’s a good thing because it’s a method where you can solve all your problems in one swoop.
In the end, it’s really up to you if you want to take a risk or not. If you do, then the first step you should take is to look for a debt consolidation company that you can truly trust. There are websites that list debt consolidation companies that are worth trusting. You can also check the Better Business Bureau for their own list but some say that a good rating with the BBB basically amounts to nothing. But if you don't want to use debt consolidation as a last resort, that’s okay, because there are still other alternatives. You can talk personally with your creditors and assure them with your sincere desire to pay your loans off but requesting for a little more time. Sincerity always works. Then you can get counseling and enroll yourself under a financial fitness program or a therapy for those who are unable to control their spending.
About the Author: Diego HR. is the owner of My Debt Consolidation Advisor http://www.mydebt-consolidation.biz/ and invites you to take a download free helpful information, articles, and more.
Source: www.isnare.com
|
|
|
|
|
| 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 |
|
|