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"Genius ain't anything more than elegant common sense."

Josh Billings








 




 
Featured Debt Articles

Are You Beating Up On Yourself About Debt?
When you hear the word "debt", whats the first thought or feeling that comes to you? For most people debt is "bad" or it becomes the "enemy" and is something that should be avoided like the plague. Having debt does not make you a bad person. The more a ...

Credit Card Debt Consolidation Help
Credit card debt consolidation is an option for those that find themselves with many monthly credit card payments to keep track of and payments that tie up a large portion of their available cash flow. Credit card debt help can be found through a variety ...

New Concerns About Debt and the UK Housing Market
According to recently released UK government statistics, the number of mortgage repossession orders in England and Wales has risen by 66% compared with the same three month period in 2004 ("Mortgage possession statistics", publ. UK Department ...




Online Debt Consolidation Services - Lower Your Monthly Payments Now
 
Consumers looking for a way out of debt may want to consider the services of a debt consolidation firm. If you are spending more money than you can reasonably afford each month on paying credit card bills, medical bills, or other types of unsecured debt, a debt consolidation firm may be able to help you become debt free much faster than you ever expected. Instead of making several large monthly payments to each of your creditors, the debt consolidation firm can show you how to make only one monthly payment at a much lower monthly cost.

As unlikely as it may seem, your creditors pay most of the costs associated with debt consolidation. Creditors understand that receiving lower payments from you each month and lowering your interest rates is preferable to your filing bankruptcy or simply becoming unable to pay at all. Debt consolidation will allow the creditor to at least recover the principal amount owed on your account. The creditor will get a tax write-off on any lost money owed to them in the form of interest and you will still pay the original debt.

If you are like numerous other consumers who have found themselves unable to pay even the minimum payments on your credit cards and unsecured debts, contacting a debt consolidation firm can be the best decision you will ever make. One monthly payment instead of many and sometimes dramatically lower payment amounts can relieve you of the stress you currently feel, stop creditors phone calls, and help you get out of debt a lot sooner than you could on your own.

Debt consolidation firms do not simply give you another loan in order to pay off your debts. A debt consolidation firm will give you a free consultation, explain to you in detail how they can help you lower your monthly payments, and inform you of how long it will take you to become debt free by using their services. Within days or hours of contacting a debt consolidation firm, you can be on your way to financial freedom and start saving money each and every month due to the lower interest rates you may be able to receive. Consolidating your debt can be a huge relief from a financial burden and give you the breathing room you need.

To view our recommended debt consolidation companies, visit:
Recommended Debt
Consolidation Companies.

About the Author
Carrie Reeder is the owner of
ABC Loan
Guide
, an informational website with articles and the latest news about
various types of loans.


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Debt News


Gross Wins ‘Game of Chicken’ Shunning GMAC Debt Swap
Bloomberg - 8 hours ago
9 (Bloomberg) -- Bill Gross’s decision to back out of a $38 billion bond swap for GMAC LLC debt is paying off for his Pacific Investment Management Co. ...
Munis look good as gov't spigot stays open: Gross MarketWatch
Public debt presents opportunities for schemes Global Pensions
Pimco's advice: 'Shake hands with the government' Globe and Mail
Motley Fool - Reuters
all 44 news articles

The Money Times

BOND REPORT: Treasurys Head For Weekly Gain After Poor Jobs Report
CNNMoney.com - 2 hours ago
Treasury prices headed higher Friday, led by gains in short-term debt, after the Labor Department said the US economy lost 524000 jobs in December while the ...
Treasuries Advance on Speculation US Job Losses Are Worsening Bloomberg
China Losing Taste for Debt From US New York Times
Peter Schiff - The Fed’s Bubble Trouble Motley Fool
Bloomberg - CNNMoney.com
all 70 news articles

Houston investor who quit board had gambling debt
Houston Chronicle, United States - 4 hours ago
Lee said he only became aware of the lawsuit in December when the Bellagio hired a Dallas lawyer to collect the debt. Jeff Hunt, a spokesman for Lee, ...
Chairman who quit board had gambling debt Dallas Morning News
all 15 news articles

Ecuador says plan to renegotiate debt imminent
The Associated Press - 2 hours ago
Ecuador partly defaulted on its foreign debt in December after a public audit called three sets of bonds illegitimate. Officials have said part of the plan ...

Cablevision shares up after new debt offering
Reuters - Jan 8, 2009
Like many cable companies, Cablevision has a heavy debt load with around $11 billion of net debt and a market capitalization of around $5 billion. ...
Cablevision subsidiary plans $500M debt offering Forbes
Cablevision Shrs Jump As Unit Plans $500M Debt Offering Barron's Blogs
Debt Offering Boosts Cablevision Stock Multichannel News
WELT ONLINE - CNNMoney.com
all 54 news articles

MyFinances.co.uk

Fiscal Fitness ’09: One Phone Call, $198 in Debt Savings
Motley Fool - 3 hours ago
Got credit card debt? Relief is just a phone call away. The strategy is simple: Call your credit card company and sweet-talk the customer service rep into ...
How to get out of credit card debt abc13.com
Suze Orman: Tips to pay off credit cards MSNBC
Credit card interest stays high Stuff.co.nz
The River Journal - Debt1
all 54 news articles

Canada’s C$32 Billion Debt Plan Likely to Be Approved
Bloomberg - 7 hours ago
The firm also recommended extending bankruptcy protection for trusts holding the debt to Jan. 31. “The key elements of the plan remain substantially the ...

New Gold to buy back notes at discount to lower debt
Reuters - 8 hours ago
The transaction will lower New Gold's senior secured note debt to C$187 million from C$237 million and result in a reduction of C$5 million per year in ...
New Gold to reduce debt position by C$50 Mln - Update RTT News
New Gold pays down $50 million in debt Proactive Investors USA & Canada
New Gold Reduces Debt Position by C$50 Million Trading Markets (press release)
all 21 news articles

The Market Oracle

US Treasuries Decline Before Record $30 Billion Debt Auction
Bloomberg - Jan 7, 2009
Treasuries of all maturities also declined on concern President-elect Barack Obama will drive debt sales to unprecedented levels as the government boosts ...
Bonds tumble on debt supply concerns guardian.co.uk
Corporate debt's allure Boston Globe
US 3-year Treasuries sale heightens bubble worries Reuters
CNNMoney.com - Bloomberg
all 284 news articles

Hürriyet

Emerging-Market Debt Funds Record First Inflow Since August
Bloomberg - 19 hours ago
Funds that invest in developing-nation debt took in $13 million in the week ended Jan. 7, after withdrawing $65 million the previous week, ING Financial ...
Emerging Markets-Bonds up with Treasuries, stocks down with data Reuters
Bond issuance surges as emerging nations see window of opportunity Financial Times
EuroWeek / Brazil, Colombia launch $1bn 10 year deals Euro Week
Bloomberg - Bloomberg
all 12 news articles