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Debt Consolidation – Can You Negotiate with Your Credit Card Company?
The average American household has nearly $10,000 in credit card debt, and many people are only able to make the minimum payment of 2% of the balance. Even 2% is $200, and by paying the minimum payment, you could be paying on the balance for decades...
Debt Help Online - How To Rebuild Your Credit By Consolidating Debt
By consolidating your debt you can rebuild your credit by making
on time payments, paying off your debts, and increasing your
cash reserves. Depending on your debt load, you can improve your
credit situation within two years, enabling to qualify...
Escaping The Debt Spiral
Credit card debt is the ball and chain that hinders many consumers from reaching financial happiness. The biggest problem is that many people who have hefty credit card debts have no idea just how much money they’re paying in interest every month –...
Frugal Lunches: A Debt Reduction Tip
Nearly everyone these days has a little bit of credit card debt, and some more than others. For those of us with multiple credit cards, there has to be a way to pay it down. Surprisingly, small sacrifices can go a long way towards eliminating credit...
Is Debt Elimination One of Your Goals?
Debt elimination should be everyone's goal. But, it is not. Unfortunately, many people live day to day with large debts floating above their heads. Is there any way to get out? The answer is yes. What those who are in debt need to do, though, is to...
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Pay Down Your Debt Now. Don't Wait For The Perfect Situation.
The number one reason people don’t get out of debt is they
don’t try. This may apply to you. You want to, but never
seem to do it. You put it off for whatever reason.
Sometimes, you want to wait for your life to be just right before you
make the attempt. You tell yourself, when I get the new
job, when I receive the next promotion, or when I get my
next raise, I’ll go to work on my debt.
Perhaps you are waiting for some artificially set date. You
tell yourself the first of the year will be a good time to start
or when you get back from vacation. Whenever it is, it is
always in the future.
I call this “perfect situation procrastinating.”. This allows
you to put off any action, while you wait for your situation
to be perfect. It reminds me of a story I read the other day
about a mother registering her daughter for kindergarten.
The mother, a school teacher, took her daughter to register
for kindergarten. They were greeted by the kindergarten
teacher near a table outside the room. On the table she had
some paper and crayons. The mother stood back while the
teacher did, what the mother recognized as, a simple
screening of her daughter’s abilities.
The teacher asked the child to choose her favorite color
crayon and write her name on one of the pieces of paper.
The mother hovering in the background, knew her daughter
could not only spell her name, but the names
of all her
family members. She was pleased her daughter would do so
well.
However the child just stood and stared at the crayons. The
teacher again asked her to choose her favorite color and
write her name. The child remained still. Her mother knew
she could do this but stayed back to allow the teacher to
handle it. The teacher then put her arm around the girl and
told her it was all right, she would learn to write her name
during the school year.
As the little girl and mother rode home the mother asked
her why she didn’t write her name. Her daughter
responded, “She asked me to write my name with my
favorite color and there was no pink crayon.”.
The little girl, very capable of doing what was asked of her,
didn’t do it because the situation was not perfect. Many
times we are the same way.
As you get ready to tackle your debt, do that of which you
are capable, not waiting for the perfect situation. While it is
important to have a plan, it is more important to just begin.
A plan may be adjusted as you go, but if you continually
adjust your start date, you will never put your plan into
action. So, start now, don’t wait for your pink crayon.
About the Author
David Wilding has for the past ten years worked with groups and individuals to help get rid of their debt. Visit his website http://www.debtattack.com for more ideas, tools, and strategies to help reduce your debt.
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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. |
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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 ... |
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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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