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Bankruptcy as a debt management solution: Why do so many of us have so much debt?
In 2004, 1,562,174 Americans sought protection from creditors through bankruptcy court - a per capita rate over ten times higher than during the worst years of the Great Depression! According to the Consumer Federation of America, in 2003 alone over...
Choosing the Right Debt Management Service
Regardless of age many consumers are guilty of committing financial suicide. For some people juggling bills and robbing Peter to pay Paul is a vicious and endless cycle. The average American lives ten percent beyond their means. For the individual...
Debt Counseling For Debt Relief
Debt counseling can be a valuable service, but before you get
that far, there are some things you need to do. First, you will
need to acknowledge that you have debt and or financial
problems. Next, you will need to find the debt...
How To Buy Used Vehicles Debt Free
New cars are one of the worst purchases that we can make due to the rapid decrease in value, especially over the first three years. When we finance these vehicles, this turns a bad situation even worse. We have now added a couple thousand dollars in...
The Ins and Outs of Credit Card Debt Settlement
Are you a self-confessed shopaholic who buys anything and
everything that you get your shopping addicted hands on? Such
thoughtless and impulsive buying will most likely result in the
accumulation of a bunch of junk that will simply collect...
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Take a Breath of Fresh Air with Debt Consolidation and Save Yourself Hundreds
In our society we have access to levels of education that are second to none. Yet, with our advancements in higher education we fail to teach our children at an early age, the importance of how to manage our debts and finances. Unless you pursue a degree in money management and finance you may very well miss the opportunity to learn how to manage your debt. You may also find yourself applying for a debt consolidation loan to re-establish financial stability at a crucial point in your life.
There was a time when the dollar was worth a dollar. But in our volatile economy, the outlook of how far your money will take you has fallen short for most families struggling to get by... with both parents working full time. Between 60-70% of households now seek debt consolidation and credit counseling to manage their debts and cost of living expenses everyday. That estimate is growing.
You may currently be seeking a debt consolidation loan and comparing credit counseling services for the best path to follow to recover from previous debt management choices.
Rest assured... you are not alone.
The average Amercian household carries 8-14 credit cards, 2-4 department store charge accounts, 1-2 car loans, and various smaller debts. The good news is that interest rates for debt consolidation loans are currently at all time lows.
Loan providers are actively competing for your business. It is now possible to dramatically reduce your monthly payments and get a big
reduction in your interest rates to pay off your debts sooner. The question you have to ask yourself is, are you on track to pay your debts off on time- in order to preserve the current status of your credit score?
It is very worth while to consider credit counseling and applying for a debt consolidation loan. It is better to know what your options are and where you stand in the thick of things when it comes to debt management. You could lower your monthly payments and consolidate them into just one payment with online debt consolidation and save yourself hundreds of dollars in the process. Plus, it is important to research every avenue before resorting to a more extreme approach to ridding yourself of debt like bankruptcy.
Debt consolidation loans and credit counseling will help you restructure your budget, get your debts under control, and free up your monthly expendable cash for the things you need most.
About the author:
About the Author
Lewi Glenis is a successful publisher and author providing tips and advice for consumers when shopping online for a new home loan, raw land loans, or a new home construction loan. His numerous articles offer moneysaving tips and valuable insight on simplifying complicated financial topics. Web surfers can learn more about online loans and online loan financing at: http://www.home-life-loans.com/.
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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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