Ten Ways to Reduce Debt

by Michael Geoffrey Debt reduction requires good planning and great financial discipline. Here are ten steps that can reduce your debt: 1 ... a debt consolidation loan. If you are a member of a credit union you may find they offer better ... to encourage you to transfer your balances to their credit card. However, beware of missed or late payments [more...]

Date: 2008-11-24 22:33:22

Blog posts (23) | Videos (19)
 

I don’t like debt

Piling of debts can lead to dangerous and often shameful situation. It’s very hard for me to handle more than one debt ... that are searching nor looking a reliable and excellent provider of debt consolidation? No Debt Today group all your credit card payments into a much reduced, onetime payment or they arrange [more...]

Date: 2008-11-24 11:04:56

debt debt debt

A debt consolidation company will allow you to make minimum monthly payments. But your principal amount will not be reduced ... have expected, but not stellar by any means. Oh, yeah — any credit card debt forgiveness counts as income ... payment options. Check out this debt settlement company who has helped me with the unsecured debt [more...]

Date: 2008-09-29 12:40:58

Can Debt Consolidation Help To Overcome Credit Card Debts?

Are you looking for some inside information on being sued for debt? Here’s an up-to-date report from debt consolidation experts who should know. A debt consolidation loan enables you to reduce these high payments and avoid expensive loan penalties. Creditors will give customers with a good credit history a better rate to keep their business. Once you have rates as low, target the cards with the highest rates first, then work your way down the list. [more...]

Date: 2009-09-19 12:42:52

Can Debt Consolidation Help To Overcome Credit Card Debts?

Are you looking for some inside information on being sued for debt? Here’s an up-to-date report from debt consolidation experts who should know. A debt consolidation loan enables you to reduce these high payments and avoid expensive loan penalties. Creditors will give customers with a good credit history a better rate to keep their business. Once you have rates as low, target the cards with the highest rates first, then work your way down the list. [more...]

Date: 2009-09-16 18:49:56

How to pay off your HECS Debt from UNI

Not everyone has the ability to pay their HECS (Higher Education Contribution Scheme) ... ways to live around it whilst paying your debt off quickly and easily. Saving Money on University ... voluntarily you will also receive a $70 bonus payment, reducing your debt by $770. Methods to pay [more...]

Date: 2009-01-15 11:17:25

3 Little Known Reasons To Stay Away From Debt Consolidation Loans

A debt consolidation loan is often said to be a good way to reduce your debt. The common theory is that you can lower your interest rate, particularly if you’re consolidating credit card debt, and wind up with a smaller payment. This theoretically lets you get the debt paid [more...]

Date: 2008-08-26 20:52:46

News 12/31/08

From The PACS Designer: "Re: 2008. TPD is blown away by the success in 2008 for HIStalk! ... by Shands Healthcare. The CEO of Shands blames bad debt and reduced Medicaid payments. I found Greg Hall’s analysis of the crippling effect of institutional debt in healthcare fascinating, the idea [more...]

Date: 2008-12-31 02:32:34

Tell All Tuesday ~ Slowly Forward Edition

This past week, all I did directly towards reducing our debt was made my monthly car payment ... $21,414.50 Broken down into: Credit Card: PAID OFF 2/7/08 Student loan (at 7%): $11,084.68 Spouse ... about our future debt elimination strategy and I wanted to address it.    Once my spouse’s student loan [more...]

Date: 2008-09-23 19:39:00

Retirement Investing During Deflation

 If a recession becomes severe, dollars may suffer from deflation rather than inflation ... by reducing payments or restructuring.   As deflation sets in you’re paying off debt ... in value (real estate, stocks, etc).   Most retirees have no job to lose. They’re living off Social [more...]

Date: 2009-01-14 17:25:11

Savings and Investment (2) - Consumers

Artificially low interest rate interest rates cause dislocation in the economy. Households respond by reducing saving and increasing consumption ( ... go up again, personal debt becomes a burden and interest payments take an ever greater share of disposable ... payment of interest. Any surplus not used on interest is not available to fund additional [more...]

Date: 2009-01-15 22:52:00

How can I reduce my debt & improve my situation?

I’m upside down in my house, have about $38k in CC debt. I make good money, but wanna try to find a faster way to recovery. Most the consolidators want my situation worse in order to make it better… & they all seem ... payments. i have about $38k in credit card debt… virtually all are 6-8% apr…. except [more...]

Date: 2009-01-05 13:34:34

You Can Implement your own Credit Repair

by Rob Kosberg One day you realize that you are in a serious personal financial disaster situation ... of your salary that goes for necessities such as mortgage, car loans, credit card payments, utilities, other loan ... . This is the income you can devote to reducing debt. Next, decide which loans and credit cards [more...]

Date: 2009-01-14 23:27:42

Bill Consolidation

Bill Consolidation People have different ways of budgeting their money and it all stemmed up from the person’s attitude towards finance handling ... gadget, shopping online for your needs and using credit cards as your payment. Applying and getting ... ways to consolidate bills in a way that they’ll reduce your debt into one comfortable and convenient [more...]

Date: 2008-07-04 03:28:12

Fed Watch: Misguided Policies

Tim Duy: Misguided Policies, by Tim Duy: From the wires: 15: ... s economy. Policy would be best focused on supporting the inevitable transition away from debt ... , I find programs that purport to “help” homeowners by reducing their mortgage payments [more...]

Date: 2008-11-13 00:23:00

Sen. Corker: The Auto Bailout Failed Over 3 Words

This morning on The Opening Bell I talked to Sen. Bob Corker about the failure last night to get the deal passed through the Senate ... bondholders 30 cents on the dollar to reduce their overall debt load. 2. GM’s outstanding UAW VEBA deficit ... half or $10.5 billion of that payment in GM stock. 3. The existing wage levels would have to become [more...]

Date: 2008-12-12 16:07:14

Durbin Gets a Clue

Durbin Gets a Clue Posted by HughS Published: January 10, 2009 - 7:40 PM Michael G. Franc at The Corner notes that Senator Dick Durbin ( ... , when taxpayers choose to reduce debt (and personal risk) instead of spending the money we have yet another ... trust a tax cut more than a one time stimulus payment in the same way a politician understands [more...]

Date: 2009-01-11 00:40:56

An email exchange with Martin Wolf regarding Obama deficits

(an email to Martin Wolf, FT columnist) ... of the deficit matter? As long as the private sector seeks to reduce its debt and the current account ... do not agree. Default is failure to make payment as agreed. There is no zero inflation contract [more...]

Date: 2009-01-15 21:57:52

IRS Help for Taxpayers Owing Back Taxes

If you currently owe the IRS and are having trouble making payments due to your current financial condition, there may be relief for you from the IRS. While they won't forgive the debt, they will make ... with an installment agreement in place. They may be allowed to miss a payment or even reduce [more...]

Date: 2009-01-10 17:19:13

Solarfun Swoons; Collins Stewart Cuts Ests Ahead Of Earnings Tomorrow; Sees Possible Cash Crunch Ahead

Collins Stewart solar analyst Daniel Ries once again is cutting estimates for a solar company ahead of earnings ... strained in the year ahead despite a reduced cap ex budget, and revised pre-payment obligations ... by the second quarter of 2009, likely through bank debt. SOLF today has tumbled $1.24, or 21.8%, to $4.45. [more...]

Date: 2008-12-01 16:54:48

Credit Spiral

So, say you’ve had a good relationship with a credit card company and been paying off substantially more than minimum payment over recent months ... from the credit card company saying they’re reducing your credit limit, right before Christmas. Would ... of our house leading to a less positive debt ratio report from a credit rating agency [more...]

Date: 2008-11-26 19:39:28

Debt relief Deals “attack on the confidence of consumers”

How’d you to your monthly credit card payments and loans - guaranteed? ... said Carol creditors can lower their interest rates. Carol, who can pay their credit card, mortgages ... rate or reduce the amount you are liable. But beware! Some of these programs are debt relief Scams [more...]

Date: 2008-07-18 10:38:03

Credit Card Settlement Can Trigger Tax

Credit card banks may offer settlement at a reduced amount if you get behind and fail to keep current on your payments. My colleague, Doug Jacobs, talks about Negotiating Your Credit Card Balance in an earlier series of articles on this website. However, if a bank or other finance company agrees to settle a debt [more...]

Date: 2008-09-07 00:48:44

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