Man lives in the sunlit world of what he believes to be reality. But… there is, unseen by most, an underworld, a phenomenon that is just as real, but not as brightly lit…Tales from the Darkside? Nope! Tales from the Debtside.
Debt is the toxin that feeds fear and fear is the toxin that feeds debt.
If you buy more than you need, you gain more debt than you want.
The person who thinks debt-free life is possible is the one who is going to get rid of debt in life. Make real effort to do so.
We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light - Plato
Any credit repair company that promises to remove legitimate bad debts from your credit history is lying.
Under the Consumer Credit Protection Act, such information remains on your credit report for about seven years.
The disappearance of bad credits, if any, is only temporary.
We live in such a consumer driven society - credit cards just help us get what we want when we can't afford it. In our society we overeat, overspend, over consume. In general - donuts and credit cards are not the problem, our constant craving for food and credit is the real problem!
The Credit Card Song by Old Man Pie
Ahead of its time this is a cartoon animation that's been up on the web since 2006 and is all about the credit crunch crisis.
Credit card spending and loans from banks are in their trillions of dollars and something has to give. We no longer spend what we have earned, we spend what we haven't earned on the back of house price rises and yet more loans.
The banks are prospering and fat cats are awarding themselves massive bonuses, but it cannot continue.
Beware the debt time bomb may bring the walls of the western world clattering to the ground.
I am reading a book that David Bach wrote and edited in September 2010. The name of the book is “Debt Free For Life”. So far I have picked up a few points that I like to share with you. He starts out writing each point with “We have been misled to believe.” I agree. […]
The biggest problem when tackling any kind of loan is the question of just how long you will have to pay it off, and when you will be able to do so. You must know that for the banks, it is always better if you stay with them for longer, and that you prolong your […]
There are a wide variety of reasons to build a home from scratch rather than purchase a prefabricated home, but the process is slightly different than simply applying for a traditional mortgage. Just as the homeowner will have more options for customization, they will also take on more of the responsibility when it comes to […]
Alcohol is the most dangerous of all the known drugs in the world, more dangerous than heroin and crack cocaine. That’s the finding of a research done by Professor David J Nutt – the name is real – of the prestigious institution of London’s Imperial College, a university globally renowned as a place of scientific […]
Beating debt is simple and easy but requires discipline in your personal finances. Financial discipline is much different than any other kind. Military persons can have very strict discipline about everything in their lives but when it comes to their personal finances, they can be as undisciplined as any one on the street. Understand Types […]
A time comes in almost everyone’s financial life who are in debt that it gets harder and harder to pay loan payments. If you are one of them, you surely are not alone. Many folks are struggling with their finances. You must have seen ads in different media about debt settlement services. You may be […]
Millions of Americans are forced into a situation where the banks and the debt collectors keep ringing their phone, some 40 or 50 times a day. Since the financial crisis began and folks in debt started to get disillusioned and are “bugged” by these institutions, the business for blocking these calls is booming. One such […]
For a majority of households, credit card debt is a big burden. You must choose one of the few ways for getting rid of credit card debt. In comparison to some methods, others tend to consume more time. For most of us some methods are good, while others are not. You must study the different […]
All over the world millions of people face financial troubles every year. The main cause of financial trouble is not lack of income, but tendency of over expenditure. It is important to have a clear idea of your income and your ability to spend because that helps you stay debt free. Too much use of […]
If you are like most recent college graduates you probably have student loan debt. Today, 7 in 10 college graduates are graduating with student loan debt. Student loans are a necessary tool for some students, and for others, student loans helped to ease the financial burden of higher education. Either way, your student loan payments […]
