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Bad Credit Debt Consolidation Loans - Getting A Debt Consolidation Loan, Even With Poor Credit
An online debt consolidation loan allows even people with a poor credit to reduce their overall monthly payments and regain their financial footing. While there are personal loans that allow you to do this, tapping into your home's equity is a...
Credit Card Debt Elimination
Credit card debt elimination can be done with a good plan and a little patience. The important thing is to find what works best for you and stick to your plan. The rewards are well worth it and you'll save yourself a lot of money in the process. ...
Good vs. Bad Credit Debt
Do you know the difference between good and bad credit debt? Most everyone seems to think that all debt is bad, but that is not always the case. In fact, there are some instances where good debt can actually help your financial situation. The...
Resolving your debt.
In the last section we covered your rights against harassment and abuse by collectors. We also covered some options that your creditor may have to help you resolve your delinquent debt. Again I repeat that this is not legal advice but a guideline...
The Last Debt Solution Should Be Bankruptcy
A debt solution like bankruptcy should really only be used as a last possible solution. The problem with this solution of debt problems is that it includes a lot more than simply eliminating debt. When someone declares them self bankrupted, all...
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Face it - Debt is an offshoot of the way of the normal American life.
You have that "American Dream" - the 2.5 kids, the puppy dog,
the white picket fence, and the big back yard. But don't forget
the two cars, the impending 2.5 college educations, the kids'
clothes, toys, and schooling, along with clothes, vacations,
furniture, Christmases, Hanukahs, and every other expense on
your credit-card statement.
The reality of the cost of living in America, or anywhere in the
Western world, can be a hard pill to swallow, especially if you
don't have the cash flow to help that pill go down.
What's the easiest solution then for most Americans?
Go into debt. (That's how the American Dream can quickly
transform into the American Nightmare.)
If you're in this situation, stop beating on yourself.
Kicking yourself while you're down for things you've done in the
past is no way to solve your problems in the future. Instead,
consider ways that you can constructively and positively get rid
of your debt.
No - one way is not to open up another credit card and transfer
your debt there. That only means higher interest payments for
you down the road.
No, the best way in many cases for you to solve your debt
problem is to take advantage of what's probably right under your
feet as you read this.
The carpet?
Close. What's under your carpet?
An old hardwood floor?
OK, now you're getting colder as well as silly.
Let me help you with a huge clue -- you've been paying a monthly
mortgage on it for the last x amount of years.
taht's right, you've got it -- your house!
Use the equity that you've built up in your home to your
advantage. That's where a home equity line of
credit or a home
equity loan comes in, to help you consolidate your debts.
A home equity line of credit is like loan that works like your
credit cards. You take out a lump sum of credit, based on your
equity, to pay off your debts and then you pay off what you owe
monthly or just pay the interest.
Obviously, however, for someone who's had problems with credit
cards in the past, the line of credit might not be the best.
Instead, there's the basic home equity loan. Home equity loans
act like lump sums that you can use to pay off your debt in one
fell swoop.
With home equity loans, you agree to take out a loan for the set
amount of money that you need, say, to pay off the total amount
of your credit card debt. That loan is in essence taken out on
your house!
Of course, that's not your money. You need to make payments
every month for the term of the loan, like you would for your
regular mortgage or for your car loan.
So what's the benefit of that if you still have to pay a regular
monthly amount?
Well, chances are, those monthly payments have less interest
attached to them, so your total monthly payments would be less
than they would be on your typical plastic cards - and in many
cases it does work out to be considerably less!
Plus, instead of having to send out two, three or even ten
checks to all of the credit card companies that you owe money
to, you only need to send out one check to the loan bank.
About the author:
Duncan Roberts is a Debt Consolidation guru - having had to do
it himself numerous times. You can read more Tips and Tricks at
Debt
Consolidation
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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 |
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Welcome to Debt Relief International |
Welcome to the web site of Debt Relief International. |
www.dri.org.uk |
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Debt relief steps, your free guide to debt help. |
Articles on debt relief, and credit management and repair. |
www.debtsteps.com |
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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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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 |
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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 |
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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 |
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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. ... |
www.worldbank.org |
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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. ... |
en.wikipedia.org |
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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 |
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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 |
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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 |
Debt Relief - Global Policy Forum - Social and Economic Policy. The Debt Relief Page Has Been Moved to: ... |
www.globalpolicy.org |
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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. |
news.bbc.co.uk |
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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. |
www.debtrelief.com.au |
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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 ... |
www.foxsymes.com.au |
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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. |
www.oxfam.org.uk |
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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. |
www.csmonitor.com |
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