Debt is a four letter word that almost every person has had to deal with since the beginning of written time and history.  Debt was talked about in the bible, by Shakespeare, and by tens of thousands of other authors since.  The posts found in this category have to deal with either my personal relationship with debt, or the idea in general.

How to Handle Your Loans

Sometimes we resort to loans to address financial circumstances when savings and other funding ideas just won’t cut it. Loans have now become even more accessible and very quick to avail. However, loans have a way of denting your budget if you don’t tread carefully. If you are getting a cash loan for the first time or would like to correct past credit mistakes, here are some tips for you to consider. Only borrow the needed amount. Borrow only £1,000 if that is all you need to address the cash problem and don’t take any extra money just to get those new [...]

By | February 9th, 2017|Debt|0 Comments

Slow and Steady Wins the Race: How to Fix Your Credit the Right Way

Almost one third of Americans have low credit scores, which are bad at the best of times but can cause serious problems in the long term. Isolate Your Score Killers To solve a problem, you must isolate its causes. Credit scores follow a poor-to-excellent scale based off credit dealings reported to the three major credit bureaus: TransUnion, Experian and Equifax. There are five factors which companies use to rate your credit score: the age of your credit accounts, your payment history, your credit utilization, your mix of credit accounts and your history of applying for credit. Some are far more heavily weighted [...]

By | January 15th, 2017|Debt|0 Comments

Tips for Saving Money on Personal Loans

When you’re working on managing your debt, the last thing you probably think about is taking out personal loans. However, personal loans might be helpful for reducing overall interest payments and consolidating debt. They’re also good in a pinch when your pocketbook is tight and you need cash right away for emergency expenses such as medical care, home repairs, and appliance replacements. Personal loans can also be used to: Get rid of credit card debt Make down payments Purchase vehicles Fund big events Don’t take personal loans lightly, however. Personal loans shouldn’t be used as financial relief in desperate situations. Instead, they [...]

By | December 5th, 2016|Debt|1 Comment

Keep the Dough: Times When Credit Works Better Than Cash

There are probably plenty of times when you are glad to have a credit card in your wallet. It is not just the convenience of having a highly accessible means of payment on hand; it is also the rewards and even the protection that you gain access to when using a credit card. Here is a look at why there are times when credit works infinitely better than cash. Your Credit Card May Come with Plenty of Rewards Getting points every time you use this credit card or building up some useful air miles just for using a convenient payment method, seems [...]

By | November 22nd, 2016|credit cards|0 Comments

5 Surefire Ways You Can Better Manage Your Debt, Today

Accumulating debt can put enormous strain on you and your family. The bills are piling up, and you cannot afford to pay a dime. Even if you don’t realize the real problem, or you don’t foresee the rainy days, you need to take action now and begin to actively manage your debt.  Best to do it now before your debt accumulates to the point of declaring bankruptcy. Here are some useful tips on how you can better manage your debt, today. Set priorities Your debt may comprise of mortgages, credit cards, personal loans, and so on. Make sure to set priorities on what [...]

By | August 4th, 2016|Debt|1 Comment