How to Make Debt Management Program Work for you

Debt Management Plans (DMPs) are debt relief programs designed for debtors who are facing debt issues. The plans involve an arrangement in which credit counseling or debt counseling agency negotiates with the creditors to get a discount on debt amount, reduce or freeze the interest rate, waive the late fees to make the monthly repayment … Read more

Having Financial Issues? Consider Alternative Funding!

When the Banks Say “No”, They Say “Yes” Did you know you are being targeted and cheated. When I was growing up, my mother had a phrase she’d used for people doing something unethical and/or outrageous: “Oh, they showed out with that!” Let me stress here: Our financial institutions are surely “showing out!” Ignorance is … Read more

On Contracts, Late Payments, Interests and Percentages

In every form of payments, there are certain boundaries that people should always remember. All payments are centered on a contract and if there would be violations in a contract then the two parties involved would be handled by the court. One of the payments that are often involved in contracts is the surcharge payments. … Read more

Slow Payers, what can the new European Directive on Late Payments do for creditors waiting for the cheque in the post?

It now seems highly likely that a new Directive dealing with the late payment of commercial debts will shortly be approved.  It has already got the green light from The European Parliament.   As a new Directive, it will replace the existing Late Payments Directive of 2000, and will seek to bring about a “decisive … Read more