In today’s economic scenario services of a debt settlement company is the most sought out service. People in high debt condition tend to look for companies to bring down their debt bill and interest rates. People about to file for bankruptcy want to try their luck with the company before they go ahead and file bankruptcy. A settlement mars a customers credit history however puts it on the...
While we all have enjoyed spending through our credit card and buying new and trendy things for ourselves, We have also accumulated a lot of pain in terms of debt. The current recession and the piling credit card debts have forced people to think if the credit economy is really helpful. Age old ways of earning and spending is perhaps the best way to lead a stress free life. Some major tips to...
Nearly 70% or more of the American citizens are waging a war against unsecured debts. Unsecured debts mean any debt which does not have any collateral attached to it. It can be in the form of credit card or personal loan or any other loan which does not give a leeway to the customer to sell assets to reclaim the loaned amount. The government intervened in the form of financial aids to the...
The prime job of a debt settlement company is to help people in lowering their debt bill and the interest rate at which they are making their payments. There are many settlement companies operational in the open market. The tough task is to locate the right company. You can settlement companies through newspaper advertisements, word of mouth or even on the net. Some pointers to be noticed for...
A debt reduction program is provided by companies specializing in handling debt situations for customers. Any program suggested by the company would depend upon the debt condition of the customer. Let us try to find out the debt reduction programs available in the market today. 1. Debt settlement 2. Debt Consolidation A good program would depend on the condition of debt of the customer. It would...
Nothing comes free that adds value, this concept has now been overridden with the availability of free resources, especially a wealth of information. This concept is beautifully explained in the book entitled Free by Chris Anderson. The whole movement doesn’t have just a temporary goal on money making rather a long term vision; the benefits are in educating people and making them aware of...
The high employment, good spending capacity with the help of credit cards and a lot of other means, which did not really make us bother much about the payment then, has now put us in a vicious circle of debt following the economic recession. It’s a major concern how to get rid of credit card debts. The economic downturn has taken a toll on the masses, not just the loans for...
Amongst the various forms of debts, the unsecured debt is generally considered the most critical one. Unsecured debts do not have anything attached to them as guarantee, and they are solely granted to the debtor because of his good credit reputation. As a consequence, this type of loan contains more risk for the creditor, and he in turn increases the interest rates. It is generally advised to...