It's ironic that, although individual debt collectors don't earn much money, many feel as though they have enormous power over your money. Although the federal Fair Debt Collection Practices Act expressly prohibits debt collectors from using tactics meant to intimidate or harass consumers, they often engage in those tactics anyway.If you've been contacted by a debt collection agency, you may feel like it's a battle between...more
There's some debate among financial planners as to the very best way to pay down debt. Some say paying the highest interest rate debt first is the best way while other people insist paying the smallest balance first is the best way.Both methods have benefits and disadvantages, so this article will take a take a look at both, and assist you to determine which technique is greatest for you.Technique #1 - Highest Interest RateIn this technique,...more
When a Good Debt Isn't Good debt and bad debt seem like pretty clear categories with easy-to-distinguish differences. Simply put, a good debt should bring you a return that exceeds the investment; a bad debt won't. Some experts, though, argue that there is no such thing as a good debt. Owing money is owing money, and there is just no two ways about it. That might be true, maybe it's even really terrific advice, but for most of us, it's just too hard not to borrow money for school, or to buy a house, car, or other big ticket items. But what can we take from the idea of bad debt to help us with our so-called good debt problems?First, be careful how much you borrow. The two or three big-ticket items most people hope for include an education of some kind, a home, and a car. Generally, most of us are not going to buy those things without a loan of some kind. It certainly isn't impossible to get an education by working full-time during the day and going to school part-time at night for 11 years, or buying only as much car as your bank account will allow-say, a 1984 Honda Civic. Most of us, though, aspire to faster degrees, and cars! But everyone has a...more
Toronto Debt Settlement: An Opportunity to Set Your Financials Right Toronto debt settlement definitely gives you an opportunity to repair your financial status by helping you to shift all your debt to one side. One should bear in mind that no debt settlement program will eliminate the debt completely but will ease out the financial pressure...more
Plan your tax debt settlement in a smart way People have observed how difficult it is to obtain a tax debt relief. That does not mean that the light at the end of the road is not there. You are suggested to get in touch with an attorney tax settlement. They can guide you to provide some relief at the end of a long and winding road. Availing...more
Reflections on the US National Debt. Will we do what it takes to shrink it? So, President Obama's bipartisan deficit commission headed by former Wyoming Senator Alan K. Simpson (R) and former Clinton Chief of Staff Erskine B. Bowles (D) has issued its preliminary report.It is a stark, sobering document. It says, in glaringly specific ways, that we as a nation have blithely spent too much too long, unconcerned like Mad Magazine's Alfred E. Newman: "What me worry/" Well, we have partied and now wake up to a colossal headache of global proportions. Now what?President Obama, understanding that Congress needs help with this hot potato,early on in his term issued an Executive Order on the matter. Per this order, a panel of 18 members was created; 12 are members of Congress. Six are private citizens of impeccable pedigree. Fourteen of these commissioners must agree before the panel can send any recommendations to Congress, which they must do shortly. What the commissioners recommend... so farThe commissioners were given a breath taking charge by the president: either recommend $4 trillion dollars in budget cuts and savings and/or raise that sum in tax revenues. Everything...more
Getting Out Of Massive Debts - How A Legitimate Debt Settlement Company Can Help These days, getting out of debt is not less than an art but everyone cannot be an expert in this art. People use credit cards and personal loans without...more
A Once and Always Father - Debt Deserting (Chapter 10) Like sand in a desert, debt was the lot of this divorcee. Debt was born, or largely accrued, by the exploits of my now ex-wife; but, as already described, I bore...more
If you have a large amount of debt that you cannot possibly pay off, you may be considering debt settlement. Settlement involves negotiating with creditors over the amount you owe and agreeing to pay a lower lump sum payment to settle your debt. Many...more
People can acquire habits good or bad in their lives. Good habits get people ahead of majority in relevant rally, however the bad ones pull you back no matter how much momentum one builds to get over them. Alas! Some of the words one desperately...more
Are you interested in chocolate diamond jewelry? In the discussion which follows you will learn some basic facts about chocolate diamonds as well as some helpful shopping strategies and tips. Jewelry containing chocolate diamonds is highly valued...more
Do you like the pristine appearance of the rental units but are concerned about its amenities, security and customer support? It is true that buying the rental property is to have a due diligence check-list to meet all your rental living...more