Category Archives: Debt

Debt Consolidation

Loan or debt is a common form of financing in today’s world. We rely on the use of this for financing various needs such as home, automobile, refinancing etc. It is advisable to take loans from well known financial institutions or credit unions to ensure that the borrower doesn’t pay […]

The Many Ways to Reduce Credit Card Debt

The world lives on credit and, unfortunately, much of it is dying on credit. Among the American households that have credit card debt, the average amount owed is more than $15,000, and this is in addition to auto payments, mortgages and other forms of debt. Imagine if they had known […]

5 Tips to Manage Your Debt

A big part of staying out of debt trouble is managing the debt you have. Follow these five debt management tips and you should be in good shape. 1. Pay down higher interest debt first If you’re carrying a balance on more than one credit card, make your biggest payment […]

Make a Mortgage Checklist

Getting a mortgage is an important decision that should not be taken lightly. This is a long-term debt that can take many years to pay off. You have to be sure that you are comfortable making this kind of commitment and incurring debt that will take many years to pay […]

Big Money Index reveals Britain’s debt time-bomb

Britons are borrowing more money than ever and failing to save money or pay off existing debts, according to AXA’s Big Money Index. The Index, a quarterly report intended to summarise the financial feelings and attitudes of the country over a variety of demographics, reveals that the population is following […]

Debt Management Plan

Being in debt can be incredibly stressful. Therefore, it is extremely important that should you be in that situation you manage the situation carefully, and attempt to minimize your stress levels. The first and most important rule when you are in debt is to NOT ignore it. It will not […]

Demolish Debt in 2011

Finding new ways to save money can help you to look at your personal finances in a positive light, however if you are drowning in a sea of debt you may still be feeling a little demoralized. Plus, debt can negatively affect your credit report and score. The first step […]