Swimming in heavy credit card debt sometimes means getting deeper in debt simply because of high interest rates. The IRS no longer allows credit card interest as a deduction. If you use a home equity loan to consolidate and pay-off your bills, you could actually save cash three ways: 1. No interest accrues on your credit card balances, 2. Your…
Category: Debt Consolidation
With Personal Debt Consolidation Debts Are Almost Anonymous
If the debts that you have taken are taking their toll on you and have disrupted your social and personal life, then you can safely assume that you need to take safety measures before the situation gets totally out of hand. A person in that situation can do either of two things; either he can pay all of the loans…
Avoid The Trap When You Consolidate Debt Part Iii
Avoid the Trap When You Consolidate Debt =================== To consolidate debt is a great idea with a trap built into it. The technique described here helps everyone in debt, but if you have an ongoing credit card debt you desperately need this article. ——————- * Part I Don’t get into debt. Ways to avoid it. * Part II The big…
Why Should You Consolidate Your Student Loan
If you have just completed college, then chances are you are facing a mountain of student Loan debt, and may feel there is no way out. You may be wondering if there is a solution or end to this nightmare. One way of dealing with this situation is to consolidate your student loan. To consolidate your student loan to a…
Consider Debt Consolidation To Improve Your Credit Ratings
Being in debt is just a fact for many people. Statistic shows that over 40% American families spend more money that they earn and the average American household has nearly $10,000 in credit card debt. But it does not have to be a bad thing, even though you may have a bad credit history, debt consolidation may be a way…
9 Steps To Get Out Of Debt Part 9
Step 9 – Investing This is the last article in our series on how to get and stay out of debt. So far you have learned the impact of debt, how to analyze your debt, reduce your interest rates, free up some extra income, pay off your debt, avoid falling back into debt, and insure yourself against unforeseen circumstances. This…
All You Need To Know About Non Homeowner Debt Consolidation Loans
Until recently, the process of debt consolidation was only available to the people who were homeowners or who were in possession of assets, which could be offered to the lenders. That however, has changed with the arrival of the non homeowner debt consolidation loans. These non-homeowner debt consolidation loans provide the same function to the non homeowners that debt consolidation…
Should I Consolidate My Credit Card Debts
Unlike general debt where the answer to problems is rarely to consolidate, the consolidation of credit card debt is often worhtwhile. Credit card debt consolidation is regarded by many ias being the first step toward card debt elimination. But, before you taking the initial step towards consolidating your credit card debt, you need to understand that consolidating credit card debt…
Debt Consolidation Help Employ A Helping Hand For Debt Elimination
Many of us, especially those who have found themselves in debts for the first time, will laugh off the suggestion for debt consolidation help. Where does debt consolidation help figure in the scheme of things? Not anywhere if some people are to be believed. This is what they have to say. Give us the sum and we will disburse the…
Debt Settlement Agencies
According to a Federal Reserve Study more than 43% of all Americans spend more than they earn. That’s quite a large number of people. However this means that 1 out of every 100 families will probably file for bankruptcy in their lifetime. Debts should be taken only if you are sure that you can repay those debts. Else your interest…