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Never Delay the Payment of your Debt

Outstanding debt can cause a lot of problems
The regulations relating to financial institutions and the way in which they will treat financial loans are very strict and for very good reason, which is to protect the national economy from possible collapse. Since the earliest times, the principle of fair trade has been based on some very rigid rules and whenever such rules were ignored, it always led to the annulment of such a trading agreement, resulting in an unacceptable consequence for both the buyer and the seller. Later, as civilizations …

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The Increasing Cost of Living in our Modern Environment

The intricate world of personal finance
More and more people find it increasingly difficult to manage their financial affairs because of the sharp increases which are being currently experienced in living costs. Many people turn to personal finance in order to be able to afford the high living costs which are experienced all over the globe. However, when a person’s finances are not properly managed and a proper business plan or budget is not in place, this can lead to very serious financial problems which might be difficult to resolve. In …

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The Indisputable Benefits of Debt Consolidation

Surviving in the modern economic environment
On a regular basis, we hear about people who are simply no longer able to manage their finances effectively. Among those people, it is especially people who are struggling with medical debt which they have not willfully chosen that are to be pitied the most compassionately. The reality is that no sane person willfully chooses to become ill and this is exactly why it simply does not seem to be fair that medical debts should be treated in the same harsh manner as other kinds …

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[23 Jun 2014 | Comments Off on What You Need To Know About Debt Forgiveness | ]
What You Need To Know About Debt Forgiveness

If you have ever had your bank or other financial institution forgive your mortgage you still have to pay taxes on that amount. However, there are some homeowners that have an exception to this especially in recent years.
The following are a few tips issued by the IRS about mortgage and tax forgiveness:
Whenever a debt is cancelled the result is usually income that is taxable. However, one thing most homeowners don’t know is that you may not have to pay taxes on this debt if it was a mortgage on the …

Debt, Headline, Personal Finance »

[18 Dec 2013 | Comments Off on Successfully Negotiating Your Medical Bills | ]
Successfully Negotiating Your Medical Bills

Every day there are literally thousands of Americans who struggle to pay medical bills. Some simply give up in frustration. However, ignoring your debt is not considered a solution – and it can oftentimes make the situation worse overall.
One potential solution to easing your medical debt obligation is to negotiate with your medical service provider. While the negotiating process is not considered easy, the good news is that, according to a recent study, more than 65 percent of those who have negotiated their medical bills with doctors have succeeded, and …

Credit, Debt, Headline, Personal Finance »

Six Important Facts About Getting A Title Loan

In today’s lending environment, borrowers have access to a number of different standard and alternative loans, and a person’s unique circumstances may influence the type of loan that would be best. One type of alternative loan that has become popular in the post-recession environment is a “title loan,” which is also referred to as a pink slip loan or an auto title loan.
This type of loan allows the owner of a vehicle to put a car up as collateral in exchange for a loan. Before deciding upon this type of …

Debt, Headline, Personal Finance »

[26 Sep 2013 | Comments Off on Be a Premier Performer at Tackling Debt | ]
Be a Premier Performer at Tackling Debt

Do you feel like debt is holding you back in the game of life? You may even be thinking about pulling yourself from the game and giving up. Before you do that, there are still plenty of options to consider first. There are many different causes and levels of debt and each one may have a different set of potential solutions and strategies. Possible paths to debt freedom can be as simple as a call to your lenders to reduce rates or they can be as complex as a long, …

Debt, Headline, Personal Finance »

[12 Sep 2013 | Comments Off on 5 Smart Ways to Get Out Of Debt | ]
5 Smart Ways to Get Out Of Debt

These days, debt seems to be able to make the world go around. Very few people can afford to pay for large ticket items, such as a car or a house, with cash. As a result, most consumers find themselves in debt. There is a danger to debt, though, when households start to use it to buy for unessential items, such as TVs, cell phones, tablets and mp3 players. In fact, in 2012, the average US household’s debt to disposable income was at 112%, meaning that for every $1 in …