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Dealing With Debt: Getting a Handle on Your Finances

Debt is an incredibly tricky subject. It can improve lives, and it can also make people miserable. ‘Good debt’ is a result of borrowing money which results in you earning back more in the long run. Whether it’s to buy a property (which will generally gain in value year on year), education to get a...

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Debt Consolidation: A Few Pros And Cons Explored

The decision to opt for student debt consolidation should be factored in on several crucial points. Financial experts often opine that it is better to steer clear of this method of debt management since (even with the smaller repayments) you end up paying much more than what you are paying on the several loans that...

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Raise Your Credit Score Fast -Add 100 Points By 18 Months!

Today let’s focus on the best ways to increase your credit score. Without wasting time, let’s jump right into it. 1. Improve the “Utilization Rate” on your Credit Cards and Unsecured Loans. Then continue to use your credit cards, pay them off in full each month and consistently increase your credit limits. Your credit score will...

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5 Things To Do Today If You’re Drowning In Debt

It wasn’t so long ago that I was living paycheck to paycheck. In fact, worse, with my income I was struggling to just keep up with my minimum debt repayments each month. The slightest issue could (and sometimes did) derail the whole carefully managed situation. Now, though, things are much different. I’m virtually debt-free and...

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What is the Future of my Debts if my IVA Fails?

What is the Future of my Debts if my IVA Fails?

If I may ask you, what is an IVA? The best answer for it would be, an IVA or individual voluntary arrangement is extensively used for resolving personal debt problems. It is a repayment plan (fixed term) that is designed especially to help someone who is facing a crucial debt problem. This repayment plan gives...

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What Is Debt Management?

What Is Debt Management?

If you are like 70% of all Britons, at some point in your life you will hear this term, debt management.  You also may hear terms such as IVA, DMP, and bankruptcy.  But what are debt management, debt management plans, and things such as IVA, DMP???? Jon at debt management company said that he has...

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What Are the Differences Between Debt Consolidation Loans and Debt Management

What Are the Differences Between Debt Consolidation Loans and Debt Management

A friend of mine had recently mentioned to me the confusion between what is a debt consolidation loan and what is debt management.  This didn’t really surprise me as many consumers, borrowers, debtors, etc, can be confused by the various loan products and banking/financial terms used today.  Basically, unless you are in the banking industry...