If you find yourself in the situation where it is not possible to repay your debts, consider the following two steps to recovery: Step 1: In spite of avoiding your situation you’d be way better off by taking some aggressive steps to solve it. If you have already reached the point where you cannot keep […]
Category Archives: Debt
I don’t know if you’re a fan of financial guru and radio show host Dave Ramsey, but I certainly am. I listen to Ramsey every day and find his advice to be based on common sense principles for getting out of debt and building wealth. One thing that Ramsey recommends is that if you have […]
(The author of this article is not a tax attorney, CPA, or enrolled agent, and this is not to be considered tax advice. If you need tax advice, you should consult someone who is certified in this arena. Did you hear about Bill Gates? He decided to give away all his shares of Microsoft and […]
Right, what does debt really mean? Debt is money that someone else lends you, on the understanding that you’ll pay it back. Let’s face it, if you didn’t have to pay it back, it wouldn’t be a debt, would it? It would be a gift or a grant. But it doesn’t end there. If only […]
As a student, do you find it hard to repay your student loans? While student loans are great in that you and I will probably not be able to afford a tertiary education without it. On the other hand, it can be difficult to pay the monthly payments on time due to the high interest […]
Payday loans are also called “cash advance loans,” “check advance loans,” “post-dated check loans,” or “deferred deposit loans.” But they all pretty much mean the same thing. In the case of online companies, you apply for a loan through the Internet. If you’re approved, the money is wired overnight into your checking account. The loan […]