Outline • Write down all of your debts in the order of smallest outstanding balance to the largest. • Commit to fulfilling the minimum payment on each of the outstanding debts. • For the smallest outstanding balance, apply all of the remaining funds that you can muster to it until it is paid off. • … Read more
The typical debt consolidation loan is a type of unsecured personal loan where the only collateral that you have to offer the lender is yourself. Debt Consolidation loan shortly means, exchange of one loan for another. Debt Consolidation loan can be taken anytime if you feel you cannot afford your monthly payment. When you have … Read more
STEP 1: STOP MAKING ANYMORE DEBT!!! You cannot even begin to think of becoming Debt Free unless you stop making any further debt. The first step to get out of your Debt Trouble is to stop making any further Debt. Don’t be tempted to use your credit cards or enter into more loan agreements just … Read more
Buying a Schnoodle I was talking with some clients last night and they happened to mention how they had more money at the end of each month since the interest rate had dropped from 5% to ½ %. As a money saving expert I wanted to know what they were doing with the extra money … Read more
The current growth of UK debt is £1million every 8 minutes and we all contribute a Stonking £263 million in interest a day. There is currently 27.4million credit cards transactions made a day with a total value of £1.56billion. The total credit card debt in the UK for September 2008 was £55.7 billion and the … Read more