Confront Your Debt Issues - The Best Debt Reduction Strategies Debt can really just sneak up on you, before you know it you could possibly have thousands of dollars worth of credit card debts, including other types of debts, which might have possibly been because of borrowing money for different purposes, a possible illness which increased your amount of medical bills each month and other unexpected events in life that many of us just can...more
Debt Settlement And Taxes - How A Debt Settlement Will Effect Your Taxes (The author of this article is not a tax attorney, CPA, or enrolled agent, and this is not to be considered tax advice. If you need tax advice, you should consult someone who is certified in this arena.Did you hear about Bill Gates? He decided to give away all his shares of Microsoft and start working at a car wash in Seattle. When Larry King asked him why he...more
Eliminate Unsecured Debt - How To Realistically Terminate Bad Debt I'm sure your answer is yes to this question. Yeah, you may want to loose your debt, but aren't sure exactly how to do this. Did you know that there are a lot of people in the United States who are in more debt today than we've ever been? We're also saving much less! That's right. Even though we make more money we're saving a lot less than our grandparents did! I know you're saying, things cost much more these days. Yes, I know, but we're still spending more, which keeps us from saving the money we should for a rainy day. In fact, the interest rates that are currently being charged on credit cards average eighteen percent and upward. Ouch! That's a lot of interest to pay for a credit card especially if you don't pay off your balance each month. Of course, your credit card company would like you to keep a balance on your credit card so they can collect interest from you! Remember you're charged interest on your unpaid balance, that's how the credit card companies make lots of money. You say to yourself, what can I do to reduce or eliminate my debt? Well, here are some tips to help you begin your path...more
Consolidate Your Debts And Get A Lower Monthly Payment Did you know that there are 44% of Americans who have debt that they can't pay? A study from conducted by the Federal Reserve shows that outstanding debt in 2007 has remained steady at $2.5 trillion. If we divide this amount to the total population of the United States, that' equivalent...more
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