Life After Debt – Whats Next?

Life after debt… What should you do once you get out of debt? The truth is that many people resume old financial habits after they successfully get out of debt. That would be bad enough during normal times, but considering the fact the we are headed for another Great Depression, it is imperative to fundamentally change how you manage and spend your money after you do get out of debt. So what should your financial priorities be in 2018? Well, “Dr. Doom” Marc Faber, who Continue reading →

The Disadvantages Of Credit Cards

Credit cards can really be your savior in particular on occasions that you don’t have enough cash inside your pockets to buy an item that is badly required. It can give you the possibility of shopping for a range of items, supplies, services and properties without having to pay for them at once. On the other hand the disadvantages of credit cards can go ignored in the short run, but in the long run it’ll catch up with you. Disadvantages of Obtaining A Bank Credit Continue reading →

How to Pay Off Debt With No Extra Money

So how to pay off debt with no extra money?  Well, one of the most important ways to learn how to manage your debt is to learn how to cut down on your spending. This allows you to free up extra money that you can then use for other uses, such as paying down your debt as well as emergency expenses, so that you do not find yourself in a situation where you need to incur additional debt.  The debt snowball worksheet can help create Continue reading →

How To Pay Off Debt With No Money

Achieving Financial Freedom is not an easy task.  Credit card debt is one of the most common types of debt and often times the hardest type of debt to pay off. While you may only owe a couple of thousand of dollars on your credit cards, if you are only paying the minimum amount due you could actually end up taking several years to pay off the credit cards and in total pay more than double the amount you actually owe. To avoid this problem, Continue reading →

What Are The Different Types of Bankruptcy?

You may be asking your self what are the different types of bankruptcy out there?  Considering bankruptcy as a solution to your debt problems? Before you take that step, be sure that you are aware of all the facts surrounding bankruptcy. 2 Main Types of Bankruptcy First, it is important to understand that there are actually two types of bankruptcy. These are known as Chapter 7  and Chapter 13. Below is a basic rundown of the differences between the two. Chapter 7 bankruptcy refers to Continue reading →

Raise Credit Score 100 Points Overnight!

Raise credit score 100 points overnight… Is that even possible? Yes! As more and more consumers succumb to the guilty pleasure of easy credit, the unfortunate side effect is that many consumers are experiencing low credit scores. The good news is that there are ways to raise your credit score, regardless of whether your credit score is bad because of a bankruptcy or simply too much of a good thing; in this case, credit. Steps to Raise Credit Score 100 Points Overnight The first step Continue reading →

What To look For In a Consumer Credit Counseling Service

Today there are a large number of debt management plans and consumer credit counseling service companies operating today. In fact, it may seem as though your mailbox, telephone and television are littered with them. When choosing the right company for you; however, it is important to keep several important tips in mind. Determining if You Need a Consumer Credit Counseling Service You may not even need a consumer credit counseling service. These questions will help you determine if a consumer credit counseling service is applicable Continue reading →

Debt Settlement – Using A Debt Settlement Company

Using a Debt Settlement Company Can Simplify Settling Your Debt Have you considered using a debt settlement company?  If you have found yourself with more debt than you care for or can handle you may be considering ways in which you can consolidate and/or pay off your debt. The term debt settlement is frequently heard in connection with debt consolidation; however, before you jump in feet first it is important to fully understand what is involved in debt settlement. Basically, debt settlement is the process Continue reading →

What is Chapter 13 Bankruptcy?

What is Chapter 13 Bankruptcy? You may be asking yourself “What is chapter 13 bankruptcy?  What are my options with chapter 13 bankruptcy?”  When considering bankruptcy as a solution for your debt problems there are several factors of which you should be aware before taking this important step. While some people do decide that bankruptcy is still in their best interest, taking the time to understand all of the facts up front can help you to make the most informed decision possible. Since Chapter 7 Continue reading →

How To Manage Your Debt

Manage Your Debt How can you manage debt?  Many people feel as though debt is truly a nasty four-letter word and for some people it is—when it has gotten out of control and reached epic proportions. Debt in and of itself is not necessarily a bad thing; however. In fact, it can actually be a good thing. Like everything; however, it must be used in moderation. When used correctly, debt allows you to develop a good credit history which in turn helps you to make Continue reading →