It’s not crazy. Go to your local credit union (they have the best car loan rates), or bank and ask them to pre-approve you for a car loan. Tell them your situation so they will view your reports – not just your score. They will see the items on your reports "paid in full" and perhaps adjust their [...] [...more]
Credit card debt is like gaining weight – easy to get; hard to lose. But losing weight is not impossible and neither is getting out of debt. In the same way that you can shed those extra pounds, you can get yourself out from underneath all that debt and avoid bankruptcy. It takes hard work, [...] [...more]
You probably won’t be able to get new, favorable credit anytime soon, so maybe it’s an option to bite the bullet and resurface a year or two from now in a better situation. For more information you should take a tour to a reliable site. Looking for more information on debt [...more]
You are right. Interest rates are lower, to keep money flowing freely (so people can borrow and banks make a profit on the loans). The cost of borrowing money to consumers is less, because they pay less interest. But the credit risk is higher because more people have precarious job and financial situations. Look at [...] [...more]
The best information for consumer debt consolidation [...more]
Declare yourself bankrupt if you own nothing. As you cannot borrow anything, get a credit card, etc, you are essentially being treated like a financial leper anyway! You will be on a credit list for about three years, after which you can begin with a clean slate. I don’t know what country you are from, [...] [...more]
Lowering your overall debt helps your score the quickest. Since that is your goal anyway, though, pay them off in a way that saves you the most money. Which of the three are you paying the most monthly interest on? Pay that one off first. Then the next, then the last. You will have achieved [...] [...more]
Try contacting your credit card companies to negotiate lower payments or other arrangements during your difficult times. Be honest with them and tell them you want to pay them off but need their help getting there. Also, contact your mortgage lender and tell them that you need to modify your mortgage to lower the payments. [...] [...more]
If those cuts put money back into the hands of those who invest it could work. The Bush tax cuts resulted in record tax revenue. When the govt takes money, it does not grow and is not taxed. When businesses invest and make money, the govt gets a tax. That is a simplified answer. [...] [...more]
The US is trapped. It’s total obligations are more than the entire GDP created since the country was founded. We are now borrowing more than half of what we spend in the budget each year. Either the Federal Reserve prints so many dollars they become more useful as toilet paper (the Zimbabwe-style [...] [...more]
