Tag: Debt management plan
5 Debt Management Tips for Those in Severe Trouble
Managing any amount of debt can be a little bit tricky if you aren’t familiar with the ins and outs of financial responsibility but when you get seriously in the red it can be a serious nightmare. If you are having trouble making even minimum payments on your debt balances, it may feel as if […]
Drowning In Debt? 5 Lifesavers To Pull You Out Of The Deep End
If you look at your dwindling checking account and swelling credit card bills, it is time to stop spending and start analyzing your expenditures. Many people become overwhelmed with debt at times, such as from a huge medical bill, but normal expenses should be manageable. Five lifesaving tips can help you survive the deep end […]
Debt Settlement and Other Options
There are many ways to settle debts with creditors, and one of these ways is Debt Settlement. The borrower clears off his debt through a onetime lump sum payment for an amount which is much lower than the original loan amount. Another form of debt settlement is by making reduced monthly payments to clear off […]
Smartly Dealing with Debts Demanding Higher Interest Rates
Having a big debt to repay is problematic but having to pay a higher interest rate on it is even more problematic. This is because it can certainly drain away your hard-earned money rapidly. Furthermore, what happens is that a significant part of your money goes towards the monthly interest charged on the balance, which […]