In today’s day and age people are in more debt than ever before. Debt is something one can almost not escape in life. No matter how much financial planning you undertake, you are bound to face debt at some point in time. No doubt you may feel optimistic about your financial future and are therefore eagerly borrowing money from all sources. You may be unconcerned about the consequences. The top Trends you need to be Aware (News - Alert) Of Once you have taken a loan, you will obviously need to pay it off. Debt Consolidation is just that. It involves taking a loan in order to pay off your remaining liabilities; ones that are generally unsecured. It is useful to combine multiple debts into a single large one, thus paying lower rate of interest and lower monthly payments. However, just like the changing of seasons, several changes continuously take place in the debt market, and no two days are the same. One needs to be aware of the changes, and also how to tackle them. Let us … [Read more...] about New Trends in Debt Consolidation Market to Be Aware of
Consolidating credit card debt good or bad
Kent Sorenson Was a Tea Party Hero. Then He Lost Everything.
Inmate No. 15000-030 is released into the frigid January morning at 8:46, a gray custodial suit of sweatpants and long-sleeved thermal clinging to his immense frame, a bushy salt-and-pepper beard wrapping around his face, a guard escorting him with a high-powered rifle slung over his right shoulder. Most politicians would appear hopelessly—dangerously—misplaced in a federal prison. Kent Sorenson is not most politicians. Standing over six feet tall and weighing every bit of 270 pounds, with 11 tattoos and a cleanshaven head, Sorenson is probably the only state senator to have ever been mistaken for a member of the Aryan Brotherhood. That happened during his first stop on the penal turnpike, the Metropolitan Correctional Center (“The MCC”) in Chicago, an administrative facility with maximum-security lodging where the “fish” was viewed warily by fellow inmates. A white supremacist, they figured, sizing him up. It didn’t take long—as soon as … [Read more...] about Kent Sorenson Was a Tea Party Hero. Then He Lost Everything.
Debt Consolidation Frequently Asked Questions (FAQ)
Have questions regarding debt consolidation but don’t know whom to ask? You can also read on below, as we attempt to answer some of the more common queries regarding the subject. What is Debt Consolidation? Debt consolidation is a very complicated topic for most people. Things get very complex once a large amount of money is involved. Moreover, there is a lot of misinformation about debt consolidation. Unfortunately, a lot of individuals end up falling prey for consolidating companies which take advantage of them. These companies are included in this canon as legit companies and they end up ruining the name "consolidation". NationalDebtReliefReviews.com suggests that planning your debt consolidation strategy early can help significantly, as it can help you gain your power back over your financial life. The Top Questions You Might Have About Debt Consolidation Here is a look at some of the most frequently asked questions about consolidation debts. Hopefully, the answers get to … [Read more...] about Debt Consolidation Frequently Asked Questions (FAQ)
Tips to Manage Your Credit Score
While you're working on rebuilding your scores, there are options for fast credit card approval. Along with tips on how to manage your credit score, we have information that could help you get approved for a credit card quickly. Now is the time to start and here is what you need to know to get started. Make your payments on time Set up a budget that lists your income and monthly expenses. Money may be tight, but it's important to pay each bill you owe on time or a little ahead of time if possible. Utility bills including power, water, telephone and loan payments for anything you've financed can be a benefit to your credit score when you establish a history of paying on time. If you have medical bills or other debt, these must be paid on time to avoid a negative credit reporting. Utility companies also report late payments. Set up reminders that let you know a week to 10 days in advance of a bill's due date. If you pay by check, allow enough time for the payment to arrive on or … [Read more...] about Tips to Manage Your Credit Score
Managing Debt in Retirement Takes Some Planning
Updated 7:52 am PDT, Monday, July 23, 2018 Photo: AP Image 1of/1 CaptionClose Image 1 of 1 FILE - This April 2017 file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File) FILE - This April 2017 file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File) Photo: AP Managing Debt in Retirement Takes Some Planning 1 / 1 Back to Gallery Owing money in retirement isn't ideal — but most people do. Seventy percent of U.S. households headed by people ages 65 to 74 had at least some debt in 2016, according to the Federal Reserve's latest Survey of Consumer Finances. So did half of those 75 and older. Paying debt usually gets more difficult on a fixed income. … [Read more...] about Managing Debt in Retirement Takes Some Planning