by admin on October 27, 2009
The question of the day is? “How am I going to continue making my monthly minimum payments?” I have lost my job, had my salary reduced, got divorced, or had a medical emergency. Because of one of these financial hardships, I am barely able to maintain my monthly mortgage and car payments along my other [...]
by admin on October 22, 2009
In the beginning, the consumer used the card judiciously and paid off the balance in full monthly. However over time, the consumer started paying only the monthly minimum payment along with a little bit toward the principal balance. From time to time because the economic climate was on the up swing, the consumer had equity [...]
by admin on October 20, 2009
Today consumers are overwhelmed with credit card debt. The reason why consumers are seeking some type of debt relief is because they have incurred a recent financial hardship. This hardship has taken the form of either losing their job, reduced hours, divorce, death or a medical emergency. The majority of consumers want to pay off [...]
by admin on October 15, 2009
The consumer in the prior years used their credit card as a method to purchase everything from retail, groceries, airline tickets and everyday living expenses. Debt settlement has become a way for the consumer to unburden themselves from their unsecured credit card debt. However, when the economic climate changed the consumer was not longer able [...]
by admin on October 12, 2009
Consumers today are facing a hardship that has been caused by not only the economic climate of losing their jobs or reduced hours to part-time but also by a medical expenses. This means maybe only making the monthly minimum payments on their credit cards. So during these trying economic times, the consumer is not only [...]
by admin on September 30, 2009
I read a quote by Pat Robertson and his advice was this ” The law of compound interest coupled with the law of use will lead to amazing things. Meaning if you save it and compound it – sooner or later you will come out with something better” I happen to agree with his observations [...]
by admin on September 30, 2009
Many of us ask the question “What if the unthinkable happens?” I’ve been living paycheck to paycheck and living beyond my means. I’ve been laid off and I have no reserves or back up plans. Of course this will lead to a degree of worry, anxiety, fear and perhaps to denial of the severity of [...]
by admin on September 16, 2009
Needless to say – you are overwhelmed with your financial picture. As a consumer you have been bombard with unsolicited mailers and advertisements on television about debt settlement. But what is debt settlement and how can it help? Debt settlement is when a third party company negotiates on the behalf of the consumer to reduce [...]
by admin on September 15, 2009
Does your monthly spending continued to outgrow your earnings? Has your financial situation changed over the past several years? Have you suffered an medical emergency or lost your job? Then a debt settlement company may be the solution to your problem. Debt settlement is a method by which a third party negotiates with your lenders [...]
by admin on September 10, 2009
As the children start the new school year it is time for the consumer’s to take hold of their unsecured debt. This debt will only grow over the next several months as the holidays approach and will continue to add pressure to the family situation. So how does the consumer stop this pressure and get [...]