Clear Your Debt with Debt Consolidation After Divorce
Things are not the same, after riding the emotional roller coaster ride of divorce. Divorce takes an emotional toll as well as a financial one. Filing for divorce and moving out of the home can create financial pressure on you, as in place of relying on two incomes, now you have to depend on one and you have to manage your house payment, electric bill, loan payments and credit card bills all with your limited means. This abrupt change of financial obligations can force you to go into debt. If you are presently struggling with huge debt, debt eradication procedures like debt consolidation plan can make things little better for you. Read ahead, to know how debt consolidation can help you to get rid of the debt after divorce.
Debt Consolidation
With debt consolidation, you can simply merge your existing debts and can pay them through a single payment gateway, at a much lower interest rate, over a longer period of time. Read more…
Burdened With Credit Card Debt?
Did you wake up this morning worrying about paying creditors? Many Americans are in the same position as you and it is not a good place to find oneself day after day. Heavy credit card debt can eat away at a healthy life and family. Is this happening to you? Are you searching for answers?
It may well be that there are options other than bankruptcy, the most thought of option because it is one consumers understand. It is supposed to wipe the slate clean and offer a fresh start, but it doesn’t always work that way these days. Not only is your home completely safe, but you may not even be able to qualify for this court dictated means of eliminating debt.
Fortunately, hundreds of thousands discover debt settlement before they try to take the bankruptcy step and it makes a big difference in their lives. By
Now what you’ve all been waiting for:
The October Newsletter has arrived!
For those unfamiliar with our monthly newsletter, you’ve been missing out. An informational and entertaining collection of news, tips, company updates, recipes and jokes, it’s a great way to stay motivated and connected (and make dinner plans while you’re at it).
This month features a column on debt’s toll on marriage, including an interview with Psychologist Chris Berger.
Read up, eat up and feel free to leave some feedback. We love to hear from you.
Shoppers risk financial security for Christmas
Although stores have been forced to start their sales early this year to persuade shoppers to part with their money, nearly a third of people in the UK will go into debt over Christmas.
Fifty-eight percent of this group will put more spending than usual on credit cards and thirty-nine per cent will go overdrawn to fund Christmas according to a survey carried out by YouGov on behalf of banking software company Intelligent Environments.
Others will take out personal loans or borrow money from friends and family.
The survey of 2,015 adults found that 11 per cent of people in the UK will lose track of spending over the festive period and people between the ages of 25 and 34 were found to struggle the most with money.
Sixty-four per cent of this group expect to incur debts or arrears of some kind as a result of Christmas expenses.
Is 25 Credit Cards Too Many?
A big topic in the personal finance blogging world is often credit cards vs. debit cards. Another, somewhat related topic is how many credit cards should a person have? This is not a one-answer-fits-all sort of question, but I feel pretty certain that most people would agree that 25 credit cards is a bit much.
Meet Pete DArruda, not only does he have 25 credit cards with a total available credit limit of $300,000, but hes proud of it!
The crazy thing is hes a personal finance consultant!
Why would anyone, much less a finance consult, think so many credit cards is a good thing? Well, its about the almighty credit score. See, one of the major factors in determining your credit score is whats known as your debt-to-available-credit ratio (or utilization rate). This is simply a ratio of how much you currently owe to your total available credit.