|
5 tips about Debt consolidation
Debt consolidation is a way to financial freedom, having a
positive impact on the credit rating. Credit rating, quality of
living, and the impact on the family, are affected when
creditors harass for payment and the payment made causes...
Credit card debt consolidation
By: CCN.com
Some people carry debt on their credit cards due to inability to
make payment owing to some emergency expenditure, others carry
debt due to excessive or irresponsible expenditure on their
credit cards (forgetting that they need...
How Do You Spell Debt Relief?
Of all the problems possible in a marriage, finances cause the most marital discord. Many singles consider finances to be their most worrisome issue. Many times this is due to a heavy debt burden. Several options exist to help people get debt relief...
Small Business Debt Collection Law Cheat Sheet
In your small business debt collection laws will eventually become important, as your debt grows and some clients do not pay. To collect small business debts legally, you must first send a written notice that collections have begun, within five...
Understanding how a Debt Consolidation Program works
You have finally decided that you need help with your debt and you have made a great decision to take a load off your shoulders. Debt is so stressful that it can even affect our health and certainly our enjoyment of our daily life. Understanding...
|
|
|
|
|
|
|
|
Solve Your Debt Problems
Although it would be wonderful if debt would magically
disappear, the only way to get rid of it is to pay it off.
Almost everyone has some sort of debt.
Although getting rid of debt is not as simple as accumulating
it, there is a way you can put a stop to the downward spiral.
There is a three step plan that can eliminate financial problems
for everyone. The three steps to solving your debt problems
include: inventory, prioritize, and rollover.
Take Inventory of All Debts Owed - Make a list of all credit
cards, personal loans, student loans, car loans, etc. Next to
each line item, list the interest rate and minimum payment
required. After you have come up with all creditors, rewrite
your loans in a different order. This time, line them up
starting with the highest interest rate loan and ending with the
lowest interest rate.
Prioritize Your Debts - The next step, is fairly simple because
most of the work is already done for you. Each month pay only
the minimum payment on every single loan except for the loan at
the top of the list. The loan at the top has the highest
interest rate, and therefore, is costing you the most
unnecessary money. Every time you get any extra cash in
the
month you put it towards this loan and this loan only. You will
find that this loan will quickly diminish until it has
disappeared.
The Rollover Strategy - Rollover is the next and final step to
the debt elimination system. Once the first loan on your list is
paid off, simply rollover ALL the money you used to pay for that
loan and roll it over to the next item on your list. This should
be the loan with the 2nd highest interest rate. Each time you
pay off a loan you add more money into your payment pot. This
makes the next loan all that much quicker to eliminate. It
becomes a snowball rolling down the hill, picking up more snow
and more positive momentum.
If you are in a situation where you need help solving your debt
troubles, this system does work. The best thing you can do for
your financial future is to take the bull by it's horns and
proactively work on solving your debt problems.
About the author:
Carrie Reeder is the owner of www.abcloanguide.com, an
informational website about various types of loans. View her
recommended companies for Debt
Solutions.
|
|
|
|
|
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 |
  |