Eliminate debts without bankruptcy

Bankruptcy filing can certainly wipe out your debts to give you a debt free life. But the effects of post bankruptcy filing can be farfetched as you can incur negative effects on your credit report for many years. If you are unable to make even the minimum monthly payments to your creditors bankruptcy can be [...]

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Debt is very stressful and can completely take over your life if you let it. In order to get out of debt, you need to know “your get out of debt options“. Before we get started, there is something everyone reading this has to do. CREATE A BUDGET AND STICK TO IT! You need to [...]

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10/27/10 – (AP) According to the Associated Press via the likes of CNNMoney.com and others, Debt.tv is pleased to announce that debt settlement companies are no longer allowed to charge upfront fees for their services. How it works “Consumers who are very deeply in debt and don’t know how to pay it down are trying [...]

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Home Prices Fall…again

by Eric on October 26, 2010

in Mortgage

Home Prices keep falling

Find reliable contractors and doctors when you join Angie’s List today – Use promo code LOCAL to save 15%. A recent report at Reuters.com continues to be pretty dishartening. HOME PRICES KEEP FALLING!. When with it end? “the housing market appears to have stabilized at new lows”.-David M. Blitzer, Reuters.com- The Problem To me and [...]

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Payday Loans

Payday Loans

by Eric on October 20, 2010

in Personal Loans

A payday loan often times referred to as “check cashing, payroll advance and deferred deposit is a small, usually $500 to $1000, short-term loan, usually 14 days, that is intended to cover a borrower’s expenses until his or her next payday. Essentially it is a short term, unsecured HIGH interest loan, that you get when [...]

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Loan Sharks

Types of Debt

by Eric on October 19, 2010

in Personal Loans

Definition of DEBT: Money borrowed from lenders for a variety of corporate or personal purposes. The borrower pays interest for the use of the money and is obligated to repay the principal amount on a set date. I guess this is something we should have talked about from the very beginning. I realized that some [...]

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