How To Prioritize Your Debt Repayment Plan
Everyone knows that healthy personal finances requires debt reduction. However, paying down debt can become discouraging when you have a great deal of it, from a variety of sources. Paying a little bit extra every month on each of your debts doesn’t seem to make a dent, thanks to high interest charges. Instead, you can make more effective use of your debt repayment funds if you concentrate on retiring one debt at a time. This can also simplify matters and help you focus your efforts. [more...]
Date: 2009-09-24 01:03:28
Blog posts
(243)
|
Videos
(77)
Girl Turns to Prostitution to Pay Off Student Loan Debt
lasvegas09152008.jpg Photo courtesy of .craig We have all read stories of shocking things people have done to get out of debt ... for repayment of her student loan debt. Some Nevada house of ill-repute has agreed to host the “event ... loan debt. There are certainly many other reputable alternatives to debt repayment. Charity for Debt [more...]
Date: 2008-09-15 11:00:10
What is Debt Settlement ?
With the rising financial strain on many consumers, arrears in repaying outstanding debt can prove to be overwhelming ... amount). Debt settlement should be considered if one is in arrears in their debt repayment. Be it credit card debt, personal loan, home mortgage or store accounts, debt settlement may be the sole option [more...]
Date: 2009-01-04 18:24:04
Bad Debtors Be Warned, You Are Being Watched!
As the recession takes a hold more and more people are struggling to repay debt. Personal debt in Britain is increasing at a dramatic rate and is now approaching the 1.4 trillion pounds mark. However for one sector, business is booming. These are the private investigators charged with tracking down non payers of debt. “Why should people get away with not paying?” says a spokesperson for the Bankruptcy Advisory Service, which counsels bad debtors. [more...]
Date: 2009-09-11 01:50:50
Single Ma’s 2008 Spending: The Devil’s in the Details
In yesterday’s post, Where Did My Money Go in 2008, I shared a summary breakdown of how I spent a net income of $90,303 ... /wants (12% each), misc (0.5%), and debt repayment (0%). After further investigation, I’ve gathered the dirty details behind the numbers: 1. Debt Repayment ($0 - 0%): I have no consumer debt [more...]
Date: 2009-01-08 15:00:14
Spending Down by Thomas D. Begley, Jr., Esquire
The client who engages in Medicaid planning is usually a person of modest means who has been diagnosed with an illness and therefore the option ... his assets. Pay Off Debts Repayment of a debt is not considered a transfer, because ... actually be written and delivered. An outstanding debt is simply a liability that does not reduce [more...]
Date: 2009-01-12 14:51:31
Benefits of Re-Financing
Benefits of Re-Financing Refinancing may be a good financial decision if you can seize its benefits but sometimes, ... favorable conditions. Some of these profits include lower monthly payments, debt consolidation ... they’re repaying a smaller debt than the original purchase cost of the house. Debt Consolidation [more...]
Date: 2008-12-09 12:55:03
Latin American integration — an alternative to capitalist crisis?
Posted by dandelionsalad on November 2, 2008 Dandelion Salad Posted with permission from Green Left Weekly by Eric Toussaint translated by Federico ... Links, Links. Toussaint is from the Committee for the Abolition of Third World Debt. Other speakers ... repayment of their foreign debt, principally to North American and Western European bankers [more...]
Date: 2008-11-02 18:37:29
New Brown plan; too little, too late
Now he comes, bestriding the country as a Colossus amongst men. Prime Minister Brown has a new plan, known as plan z1.1 or something ... to get this far, several bank failures and the future enslavement to debt repayment ... that the Government will do debt for equity swaps in small businesses. This is a very bad idea. Small [more...]
Date: 2009-01-14 00:01:00
The Personal Finance Secrets “They” Don’t Want You to Know About
I get asked to review all sorts of crazy personal finance books, plans, programs, and schemes all the time, ... and negotiate lower rates (or in some cases a balance reduction), adopt a very strong debt repayment ... you attempt to buy your bad debt from the creditor (and then obviously dismiss it), but the legal [more...]
Date: 2008-08-30 17:00:11
Yet Another Reason to Hate the IRS (and OCC)
Photo by SC Fiasco As if it weren't hard enough to get banks to offer workouts to overindebted consumers! ... lenders want to forgive significant portions of credit card debt that borrowers can't currently repay ... to expand credit card debt forgiveness. According to the Financial Services Roundtable (whom I don't [more...]
Date: 2008-10-30 20:11:13
Bad Credit Car Loan Tips
Bad Credit Car Loan Tips Posted By Lauren Thompson on @ 9:09 pm by Ada Denis Most people go through rough financial times ... credit car loans. Start off by knowing what your credit rating is. You are entitled to one free report ... has too many open lines of credit and may fall into a debt trap and be unable to repay his debts. Having [more...]
Date: 2008-11-30 21:09:21
Closing Out Ten Odd Lots
1) Do you need new investment ideas? John Dorfman’s column at Bloomberg is back. There are some good ideas in the second column ... on have adequate demand. But that is a bicycle stability answer. What if I am in debt, and most of my economic contacts are in debt, and many of our assets rely on the repayment of debt that is coming [more...]
Date: 2009-01-09 03:03:38
A Good Debt Recovery Solution - Debt Consolidation
There are many credit counselors who will suggest debt consolidation as a way to dig yourself out of debt. This is because consolidation makes your debt easier to manage which makes repayment faster and less painful. With a debt consolidation loan many people find that they are able to recover from debt [more...]
Date: 2009-01-15 13:37:30
Midway may get an extra month to stay alive
Midway's countdown to possible doom -- otherwise known as the 50 day deadline it had to pay back an impossible $150 million in ... , has reached an agreement on $75 million worth of its debt to extend the deadline by which it must repay ... debt -- is getting a one-month extension. Probably, anyway. The struggling "Mortal Kombat [more...]
Date: 2009-01-05 23:42:02
Read More Information About IVA inside this Blog Publication
One of the most widespread causes of numerous debts occurrence is considered to be the excessive and unthoughtful use of credit cards. The only way in which one can avoid such debts is through reducing the use of one’s credit cards when paying the charges. In fact repaying all the debts gives one an awesome feeling. Also the credit score is much improved along with the reduction of the debts level, giving you an opportunity for having lower rates on possible future credits. [more...]
Date: 2009-09-27 21:55:32
(untitled)
Amazon.de Widgets If you want to take a loan to repay others, debt consolidation is the best bet. For paying down credit cards the most easiest way is to try a credit counseling program. One of the most assured measures to lower all your debts swiftly is here. Stop being at stake with striking debts, put them together into one debt consolidation program to have one low monthly payment. This can even help you control your monthly payment structure and keep you within a budget. [more...]
Date: 2009-09-15 23:43:02
Breaking the Bank News: Millions of Fraudulent Mortgages
by Moe Bedard on September 23, 2009 · 0 commentsin American Nightmare Like all of us, I was sorry to learn that Lies of Our Times could not be sustained. It’s a real loss, and another signal that we have our work cut out for us in times that are in many ways ominous, but that also offer a good deal of hope. – Noam ChomskyThe headlines say it all, Honorable Judges of Kansas: “MERS had no right to the underlying debt repayment secured by the mortgage”. [more...]
Date: 2009-09-23 22:30:25
Making the most of mortgage overpayments
By Rupert Jones Shock news: Brits are repaying their debts. For years we were Europe’s most credit-happy consumers, unable to resist the lure of super-sized mortgages and seemingly addicted to flexing our plastic – but now it looks as if we have caught the thrift bug. Bank of England data issued this week shows that, for the first time since records began in 1993, homeowners are paying back more on their mortgages than homebuyers are borrowing. [more...]
Date: 2009-09-07 01:09:47
Lee auditors issue ‘going concern’ warning
With Lee Enterprises unlikely to have the cash required to make a $142 ... publishers, loaded up on debt to fund acquisitions in the expectation that it could repay the loans ... .5 million debt payment due this spring, there is “substantial doubt about its ability to continue [more...]
Date: 2009-01-01 19:31:00
Newegg.com Files for IPO
Online electronics retailer Newegg Inc., which only operates through the Internet, has decided to file for an initial public offering and raise $175 million. With the money from its IPO, Newegg hopes to repay its debt, expand its operations, and fund capital spending, three essential components for Newegg’s plans. According to the California-based company, Newegg has been profitable every year since its launch in 2001 and has experienced rapid growth since then. [more...]
Date: 2009-09-29 03:03:28
Is it time to kick Dave Ramsey to the curb?
Right now we are in a recession and people are losing their jobs left and right ... what will you do? How will you manage? Perhaps you can set a fixed debt repayment while saving ... ? I believe that he’s correct in saying we should live debt free. Definitely it’s worth working towards [more...]
Date: 2008-12-15 14:00:39
Carnival of Twenty Something Finances 08-25-2008 Edition
Welcome to the 08-25-2008 Edition of the Twenty-Something Finances Carnival! I’m LAL, host of LivingAlmostLarge ... at i pick up pennies. She goes against conventional opinion by not seeing a need for an EF while in debt. I think a lot depends on how long debt repayment will occur. Freshman Year - Frugality So how’ [more...]
Date: 2008-08-25 13:00:42
Excuses, Excuses, Excuses
Every time I think I’ve heard it all, someone pops up with a new way to excuse the fact that their money management is in the crapper. Here are some of my favs: “We got a consolidation loan and paid off our credit cards.” Really ... . Consolidation makes sense when you then work aggressively to repay the debt. But most people don’ [more...]
Date: 2008-12-10 10:11:44
What Happens When You Default on Your Student Loans?
As the economy tanks and employment skyrockets, the number of former students struggling to pay off their student loans is likely to grow, too. While failure to repay any debt can have serious consequences, not making payments ... student loans are one of the only forms of debt that cannot be discharged in a claim of bankruptcy [more...]
Date: 2008-12-15 17:38:59
Post Properties Offering Stock – Analyst Blog
Post Properties, Inc. ( PPS ), a real estate investment trust (REIT), has recently sold over 4 million common shares at $17.75 each. Although the equity financing provided the much-needed cash to repay some of its outstanding debt, the move could potentially dilute earnings. Post Properties expects to raise net proceeds of $68 million, after deducting the underwriting discount and other expenses associated with the public offering. [more...]
Date: 2009-09-29 16:16:55
Chilling sign: Private publisher exit plans
The intentions of Copley Press and Advance Publications to explore the sale of two of their signature properties represents a discouraging new lack ... to pay down debt, they would seem to be in a position to wait for a more propitious time to sell ... publishers are not known to be over-burdened with debt they are struggling to repay at a time revenues [more...]
Date: 2008-08-04 05:17:00
Banks or Pensions?
That’s the difficult choice which faced Hungary as its international support package was put together in the last couple of weeks ... impacts, low-income pensioners will be exempt from the elimination of pension bonuses. So where ... of the central bank so that the punishing schedule of external debt repayments can be met and still [more...]
Date: 2008-11-07 01:49:37
How to Avoid a Lawsuit From a Collection Agency
The first thing you need to understand is that most large collection companies have a lawyer at their disposal who writes letters on their behalf ... to respond… they’ll sell the debt to another collection agency for pennies on the dollar. In order for them ... that they cannot legally be collected on. So even with a judgment to repay the debt… the collec [more...]
Date: 2009-01-14 19:53:56
Greenback slumped on the canvas
Bernanke & Co. on Tuesday signaled to the financial markets that they were hell-bent on pursuing an “inflate or die” approach to rescuing the ... and a scramble for dollars to repay USD-denominated debt. The deleveraging process effectively created a short position in the greenback. But more recently, US-specific worries concerned with public deb [more...]
Date: 2008-12-19 11:01:19
fix your finances, save money – step 2
Breaking through the wall. In the middle of the Olympics, I thought it would be a good idea to issue a personal finance challenge, ... to pay less for the same service. debt repayment Option 1: If you have a credit card that you’re ... 1 Otherwise, if your debt is large-ish (a few thousand and up) and you have a good credit rating, it may [more...]
Date: 2008-08-21 12:00:46
Markets Vote Against Bailout Bill; Dodd Circulating Variant, Takes Equity for Dodgy Debt (Updated)
Aha, Congress isn't being so supine after all. Christopher Dodd, who in his initial press comments seemed to be behind the Paulson bailout plan, ... take senior debt instead, placing it in the front of the line of debt holders for repayment ... in which it buys bad assets. This creates a disincentive against using the program casually as a dumping [more...]
Date: 2008-09-22 19:09:40
Free Debt Reduction Tool
As much as I love Quicken, I like finding free online tools I can suggest to my personal finance counseling clients ... PowerPay. Basically it’s a no-frills debt management program that allows a person to enter their debts ... . A teaser rate with a long duration can hugely influence your best plan of attack on debt repayment [more...]
Date: 2008-10-22 15:57:51
Intensive care for your finances
Closed Green Door to Intensive Care UnitThe new financial climateLiving within your means and repaying some debt is going to be a difficult action to ... about debt, go and see your local Citizens Advice Bureau and ask to see one of their debt ... with a possible problem. Next look at the cards [more...]
Date: 2009-01-09 10:25:00
Handling Your Debt - What Tax Implications Are There?
by William Blake Sometimes when considering different ways to handle debt some fail to consider how some options may have a better tax benefit than ... to finance just about anything - an auto purchase, repayment of credit card debt… you name it. Even if your home equity loan has the same interest rate as your credit card it is still the better [more...]
Date: 2008-09-18 18:16:28
Loany Bologna
Monday night (January 5th) the Sioux Falls city council will vote on an ordinance that would allow the city to borrow $38 million for needed ... tax to repay debt of municipality or political subdivision. Any city, county, town, school ... for the collection of an annual tax sufficient to pay the interest and also the principal thereof [more...]
Date: 2008-12-31 22:16:21
Where extreme cuts may come at papers
Operating in an atmosphere of unprecedented uncertainty and growing dread, ... by the end of the year if its cost-cutting targets were not met. The reduction was enabled through ... operating capital and repay debt. If they can’t outsource printing, they will move their presses [more...]
Date: 2008-12-02 06:30:00
Summary of House Approved Auto Bailout Bill
(Source: U.S. House of Representatives, Office of the Majority Whip) ... viability, international competitiveness and energy efficiency, including repayment of government ... debt. The President’s Designee may provide financial assistance to an Auto Manufacturer to implement [more...]
Date: 2008-12-11 05:25:20
I BET Pete Rose Should Be in the Hall of Fame
Not to beat a dead horse, but can we please get off our soap boxes and just admit that Pete Rose belongs in the Hall of Fame? ... as he sells himself in Las Vegas, a fat old slob forced to sit and sign autographs to repay debts ... make you think athlete, but he personified the notion that hard work pays off. He was a man’s man [more...]
Date: 2009-01-15 13:00:28
How the credit card industry is set to change
The credit card industry has found itself in the news on a number of occasions over the past year or two for one reason or another, ... that in cases where the borrower falls behind with repayments no debt recovery action will be taken for at least sixty days providing the borrower is working with a debt management advisor in a bid [more...]
Date: 2009-01-15 07:00:33
Wall Street Breakfast: Must-Know News
Kuwait quits Dow deal. Kuwait has notified Dow Chemical (DOW) that it's pulling out of their planned $17.4B petrochemical joint venture ... as it faces a $400M debt repayment and a 60% drop in its stock price this year. In addition to trying to offload its 17.5% stake in the parent company of the Boston Red Sox, NYT is also looking to raise [more...]
Date: 2008-12-29 12:50:18
Are You Or Any Of Your Clients Considering Bankruptcy?
As I have been watching the news this week, I see that bankruptcy is at an all time high ... their creditors get a fresh start by liquidating their assets to pay their debts, or by creating a repayment ... to require that anyone filing bankruptcy complete an approved credit counseling program before [more...]
Date: 2008-10-01 11:46:06
Understanding Financial Statements and Annual Reports (3)
Accounting is the language of business. It is the vehicle for communicating financial information about a company to many different groups of people: managers, owners, creditors, investors, customers, suppliers, government agencies, economists ... is liquid enough to make debt payments and solvent enough to repay the loan principle if the business [more...]
Date: 2009-01-02 02:49:55
Budget Journal
I think every Monday and throughout the week I am going to blog about our life while we learn to live on a cash budget ... , I am in so much debt it is ridiculous" or "man, I don't have enough money for this or that". Money ... . We have started living on a cash budget and have also signed with a debt repayment program.We [more...]
Date: 2009-01-05 11:43:00
Icelanders plan two week debt repayment strike starting Thursday
Stacy Summary: I think Michael Hudson’s ideas are trickling down. Things sound bad right now, but apparently it doesn’t get really bad til next year when full frontal assault by IMF austerity conditions.Iceland one year on: Small island, big troubleAnger among ordinary households has led to plans for a two-week repayment strike starting on Thursday. [more...]
Date: 2009-09-29 12:48:52
Country Music Hall of Fame and Museum Can Keep Iconic Instruments
The Country Music Hall of Fame and Museum is full of what country fans and historians consider priceless ... , which left Robert Waldschmidt as trustee to figure out how to repay McLean’s debt. Worth almost ... no doubt the instruments would have been sold to a private collector and never seen by the public again [more...]
Date: 2009-01-06 17:59:27
Free Ebook: Suze Orman 2009 Action Plan
I am actually currently reading (and by reading I mean listening to an audiobook) ... of this book. I’d think the twenty something crowd would be most interested in: Credit card repayment plan Debt consolidation Expense/Income worksheet Finding ways to save Dealing with car loans First [more...]
Date: 2009-01-08 19:30:11
Analysts Agree: NovaGold Must Raise Equity or Sell Assets
With the suspension of the Rock Creek mine and a dwindling cash position, analysts are increasingly worried about NovaGold Resources Inc.'s (NG) financial outlook. The company has a $20-million bridge loan payment due on Dec. 29th. In order to cover all of its debt repayment, working capital and exploration expenses, RBC Capital Markets [more...]
Date: 2008-11-25 20:06:15
Driving Mass Transit Riders Back To Their Cars
Just as more and more Illinois commuters were getting on board with mass transit, ... -term loans, Hynes says his office could begin digging out from under the mountain of unpaid bills. The state would then repay the debt as future revenues trickle in. Gov. Rod Blagojevich shot back [more...]
Date: 2008-11-19 22:40:38
Select the Best Refinance Lender to Save Money
Replacing, refunding or repaying any new equity or debt or a combination of both is referred to as refinancing ... things that you must know while you approach best refinance lenders are: 1. Objective for mortgage refinance - Consolidation of bills or debts, to pay off your mortgage loan faster, lowering the hoemploy [more...]
Date: 2009-01-02 06:03:30
1 -
50
of
243
Posts
Page:
First
| <
Preceding
|
Next
>
0
|
1
|
2
