Many people talk about life insurance and why its important, but there are still many misunderstandings regarding life insurance policies. Many people arent sure if they need life insurance, and if they do- how much insurance is necessary? What kind of insurance?
Stop Creditors In Their Tracks With Bankruptcy
Nobody likes to get phone calls from collection agencies. Despite laws intended to protect consumers from harassment, most collection agencies make you very uncomfortable when theyre trying to get the money from you and will call you several times a day. If you have gotten to this point with your financial situation, its no wonder youre considering filing bankruptcy for some relief!
Secured vs Unsecured Debt
There are two primary types of debt: secured and unsecured. The easiest way to understand whether or not you have secured or unsecured debt is to determine whether or not a creditor can take away an object or your property in the event that you suddenly become unable to make payments on the account.
Should You Get A Mortgage Now?
Its never a good sign when your home loan company files for bankruptcy. Sadly, thats just whats happening to many sub-prime mortgage lenders these days. Mortgage rates are low right now (about 5.5% – 6% for a 15-year fixed interest loan at the time of this writing), but the lenders who managed to stay afloat are tightening their lending guidelines. Should you get a mortgage while the housing market is so volatile?
Should You Use Credit Counseling Services?
There are numerous credit counseling service providers available to consumers, and thanks to the increasing number of people who are struggling to get out from underneath a mountain of debt, there are new credit counseling organizations created regularly.
Should You Use Credit Monitoring Services?
Credit monitoring services alert individuals to changes to their credit report instantly- either via email, text message on cell phones or by phone calls. Many people use credit monitoring services to help them keep an eye on their credit histories and to increase their ability to recognize a fraudulent activity.
Purposeful Investing
It would be hard to develop a strategy to pay off your debt if you had no idea how much debt you had. Its just as difficult to develop an appropriate investing strategy if you dont have a reason for investing. Without a purpose, its impossible to make decisions about the type of investments you should invest in, and without a goal- how do you measure your level of success?
Rapid Rescoring Services
It may sound like a scam, but there are legitimate companies who can actually help you remove errors from your credit report or fix omissions within 72 hours. If youve tried to correct the situation on your own, you know it can take weeks, even months before it is actually straightened out- and if youre in the middle of trying to buy a new home or a vehicle, the 72 hours can really help you get the loan as well as the lowest possible interest rates!
Paying Of Your Debt With The Pyramid
You probably didnt get into debt overnight, and short of winning the lottery or receiving a large inheritance, chances are you arent going to get out of debt overnight, either! With discipline and consistency, over time you can pay off your debt and be on the road to an improved and more manageable financial situation.
Mortgage Refinance Benefits
There are numerous reasons why people decide to refinance their mortgages with the most common reason for refinancing a mortgage is to save money. A refinance could save you thousands of dollars in interest, or save money on your outgoing monthly expenditures if you use the refinance to consolidate other debts. Here’s a look at some of the various advantages a mortgage refinance provides:
Negative Side Effects Of Debt
For any person, debt is like this illness that never goes away, it persists and persists, never truly getting better until action is taken. The comparison works because like an illness, debt can cause a great deal of suffering and pain to those who have trouble paying their bills each more, or at all. Immunity against debt is non-existent, everyone is susceptible. Debt can go beyond simply the inability to pay bills on time, it can literally cause both physical and mental hea…
Making Good Debt Decisions
Debt is no stranger to most Americans. Credit is becoming easier to obtain and people are charging well beyond their means and at interest rates reaching 20% or more. While debt is a scary word that usually is seen in a negative light, not all debt is bad. You can actually make intelligent decisions and use debt as a vehicle for building personal wealth.