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07/29/2010 07:33 PM
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Debt Management Plans - Debt Survival
By Kelley Kilanski
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So either you're considering paying a visit to a certified credit counselor or
you've already been to see one. Either way, the fact is you're deep in debt and don't know how you're going to pay them off. In general,
you need help. Either you've been overwhelmed by unexpected but necessary bills, you've lost you're job but need to pay rent somehow,
or you've simply lost control of your budget. Whatever the reason, you need help and a Debt Management Plan might possibly help.
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07/29/2010 07:33 PM
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Debt Elimination Through Financial Management
By Kelley Kilanski
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In order to eliminate debt, you really need to do some financial management. This means looking at how much you spend and how much
you have in debt. Look at what types of loans you have. Long terms loans may take longer to eliminate, but if you have short term loans and credit
card debt, these should be paid off as quickly as possible. If you are like most people, you're only paying the minimum on your credit card debt. The remaining
portion is then charged interest and compounding. This makes it difficult to eliminate credit card debt and credit card balances should be
paid in full for this reason
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07/29/2010 07:33 PM
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Can the Credit-Counseling Agency do what it says?
By Kelley Kilanski
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Like any major financial decision, you want to take some time to do research
and think about it. When looking for a debt management plan, don't simply sign-up at the first meeting with a credit
counselor; you may be in for a big surprise. Here are some further issues you should research:
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