Debt Advice

Can A Debt Continue To Accrue Interest After It Has Been Sent To A Collection Agency?

February 22, 2010
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I have a debt with a bank that went into default and is now with a collection agency. I’ve been told that the debt is continuing to accrue interest. Is this possible?

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Remortgages And Secured Loans Are Good Methods Of Arranging Debt Consolidation.

February 21, 2010
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Every so often you have to take stock of your numerous debts and think about the best way to make them easier to manage before they become a problem. The main trouble with debt is having too many separate units of debts scattered all over the place making finances difficult to control and manage.It...

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Why You Need a Bad Debt Card or Prepaid Credit Card

February 15, 2010
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If you have a bad credit record, a bad debt card or even a prepaid credit card are necessary for you to live a normal financial life. Most people cannot live normally without a credit card, and those with poor credit can suffer for the lack of one. Here is why. Let’s take some...

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What Is The Most Debt You Have Eliminated In A Year?

February 14, 2010
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I need some motivation people! I want to commit to reducing my credit card debt this year; but, it seems a bit overwhelming. Please share stories of how you reduced your debt. Maybe that can psych me up to keep sacrificing and paying off these debts. Thanks!

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Does Disputing A Debt On Your Credit Report Re-start The Statue Of Limitations?

February 11, 2010
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I disputed some items through Experian and Equifax. Does simply disputing the debt re-start the 7 year count down? Thanks.

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How Can I Pay Off Unsecured Debt If I Move Abroad?

February 7, 2010
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I am planning a move to the Dominican Republic from the US. I have unsecured debt (school loans and credit cards) which I want to repay, but the average income in the Dominican Republic is much lower and I know I would not be able to make minimum payments. Can the debt be converted...

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Using The Rule Of 72 To Manage Debt Intelligently

February 6, 2010
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Albert Einstein is believed to have said "The most powerful force in the universe is compound interest." The simple mathematical formula for computing compounded interest is called the rule of 72.

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Debt Consolidation By Means Of Remortgages And Secured Loans.

February 5, 2010
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From time to time people really do have to sit down and have a good think about their financial outgoings, and what they can do to simplify them before debts get out of hand. The main trouble with debt is having too many separate units of debts scattered all over the place making finances...

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What Is The Best Debt Counseling Company?

February 5, 2010
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What is the best debt counseling company? I’m trying to help my friend get out of massive credit card debt. I need a good, reliable debt counseling company. email lookup reverse

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Debt Reduction with Balance Transfers and Payoff Strategies

February 2, 2010
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If you are stressed out by high credit card debt and rising interest rates, you are not alone. The average US family carries over $7,000 in credit card debt and over $16,000 in total debt (exlcuding a mortgage). In recent times, most of us have seen our interest rates increase too. Higher interest rates...

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