What the Rich Know That You Don’t
By: Alexander Halim

Becoming intelligent with money requires more than just getting out of debt. It also means making your money work for you instead of you working for it. It means earning interest instead of paying interest. continue reading
Not All Debt Is Bad
By: Alexander Halim

So you are in debt-who isn't these days? We live in a society that encourages people to go into debt. Credit card commercials tell us that a trip to Jamaica is just what we need, regardless of whether we can afford it. (That's what your gold card is for, right?)
Loan brokers want us to borrow up to 125 percent against our home equity. continue reading
Debt Consolidation: Combine your Debts and Get back on Track
By: Zack Fair

Debt consolidation is not just for consolidating credit card debt, there are other instances where debt consolidation can be favorable. Debt consolidation loans are available for those who are trying to make several payments a month, and allow them to combine all their payments into one, lower monthly payment, saving money at the same time as decreasing the debt level.

As stated above, credit cards can easily be combined into a debt consolidation loan. continue reading
"Problem" Unsecured Debt £25 Billion In UK, TDX Group Reports
By: Natalie Anders

According to research published by TDX Group, “problem” unsecured consumer debt is currently at approximately £25billion in the UK. The company further reports that one million people have problem unsecured debt in the country, each of whom owes an average of £25,000. They stress that the current changing economic conditions will continue to result in more people facing debt. continue reading
Bad Credit Debt Management: Dissolve The Heavy Burden Of Unmanageable Debts
By: Ashton Gabriel

In today's society, the reckless and rash spending propensity is highly visible, which ultimately force several individuals under the category of bad credit holders. People often opt for easy and convenient solutions of various financial programs like loans and credit cards, that in turn, add up the huge amount of debts. The situation becomes all the more convoluted and deplorable, if one already has maintained a bad credit history, as well. continue reading
Prepare Your Kids For a Debt Free Future
By: Carole Bayliss

Debt is an increasing concern for many people and is a subject that is currently dominating the headlines. As adults it is our duty to warn our children about drink and drugs, and perhaps now more than ever we should consider educating our children about the risk of debt.

According to research carried out by Engage Mutual Assurance, many parents consider warning children about debt to be more important than educating them about sexually transmitted diseases, racism or religion. The rising costs of living and growing uncertainty about the financial outlook has increased parent’s concern. continue reading
Debt Major Concern For Young People
By: Sav DSouza

A survey has revealed that the biggest fear for young people today in the UK is debt.

48 % of the 1,220 people, with ages ranging from 16 to 25, said that debt was the thing that made them most anxious about for the future.

The Youth Future Fears UK survey was commissioned by Community Service Volunteers and conducted as part of the Agents4Change campaign, which has received £1m of public and private sector money to deliver a project that encourages young people into community volunteering. The campaign is supported by Tesco and the youth volunteering charity v.

Youthinformation.com, a National Youth Agency's resource for young people and all those working with them, highlighted how:

Young people are particularly vulnerable to debt; unemployment and low pay is a major factor as well as tempting offers such as 0% finance on goods purchased, and discounts offered by storecards.

Debt is also a major problem for students in further and higher education. They can now expect to build up debts during the time they study and repay them once they leave. continue reading
Debt consolidation lead : Expand your business
By: Thomas Charlie

Nowadays, almost every person in the society, is leading a stressful life because of his unwanted piles of debts. Unfortunately, clearing debt is not as easy as taking a loan and for this reason only, most of us opt for various debt consolidation loans and this in turn, has boosted the business of debt consolidation lead in a great manner. Many lenders are seeking good and saleable debt consolidation leads from various banks and financial institutions, to raise their percentage of profit, but only few can get successful in buying money making leads.

Let us now focus on the various available mediums through which a lender can easily acquire a profitable debt consolidation lead. continue reading
An Introduction On How To Become Debt Free
By: Pierre Smith

It is a common occurrence in modern society for debts to get out of control in a hurry. Credit is easy to get, but buying things without credit is not so easy. Plus, we want everything we're due, and we want it now. continue reading
Debt Problems Set To Double In 2008 As Loan Repayments Become Harder To Manage
By: Phil Benson

An estimated one million people in the UK have ‘problem’ unsecured debts according to a report entitled UK Debt Problems – consumer crisis or efficient market? Published by debt management solutions firm, TDX Group, the findings showed that these arrears totalled up to £25 billion, which equates to an average of £25,000 for each of these identified borrowers.

The report also suggested that the number of people facing financial uncertainty looks set to double during 2008 as firms tighten their lending ability resulting in a reduction in options for borrowers to re-finance their expenditures.

Around 60% of this debt is owed on credit cards, with the remaining outstanding money coming from personal loans, say the TDX Group, whose clients include lenders such as HSBC, HBOS and Alliance & Leicester.

The findings warned of a changing economic picture, highlighting an increase in personal inflation and a slowdown in the property market which will result in a rise in the number of people facing financial difficulties.

In addition, the report cited the recent credit crunch and a squeeze on lending practices as having an instrumental impact on how people will manage their debts.

A spokesman for TDX Group said, “There will be fewer refinancing solutions such as re-mortgaging and homeowner loans available, because banks and building societies have tightened up their lending criteria. continue reading
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