Archives for October 2012

Top 3 ways to consolidate your debt now!

What does it mean to consolidate debt? The short answer of what it means to consolidate debt is to bundle all or a portion of your current outstanding debt load and combine the balances owed and reduce the interest rate to on all of them to come up with a single payment that should be far less that all of the payments that were due combined. Should you consolidate debt? That is a great question that does not have a … [Read more...]

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Credit Card Debt Consolidation

Credit Card Debt Consolidation In the simplest of terms a credit card debt consolidation program is the process of negotiating with your current creditors to consolidate all of your indidual high interest rate credit card payments for one, lower monthly payment. If you 've found yourself with more credit card debt than you can handle and your monthly payments have become overwhelming than a credit card debt … [Read more...]

Using home equity as a debt solution

Using your home equity as a debt solution. If you are in the enviable position of having equity in your home and/or investment property right now but are burdened with other creditors than this may be a debt solution worth looking into. The way to have access to the money that is in the value of your house without selling to a new buyer is to refinance. By refinancing you are taking equity out of your property and will … [Read more...]

Credit Card Debt Counseling - What you need to know

Credit Card Debt Counseling If you are bogged down in credit card debt and are trying to figure out what you should do to relieve the stress and get back on the right track financiallys. You might want to look at a counseling program that specializes in debt resolution. Assess Financial Picture A debt couseling firm will typically start by looking at your entire financial picture and then based on what they have … [Read more...]

Debt Negotiation 101

Debt Negotiation is all about strength and weakness. It can be a stressful situation when the debt collectors keep calling and all you want to do the right thing for yourself but have no idea what that is or how to do it. On the other side of the phone are trained debt negotiators looking to squeeze blood from your turnip. With a well crafted understanding of their tactics you can stay in a powerful position. Here are … [Read more...]