Debt consolidation can be a great resource to manage all your debt – including loans, credit cards, and medical bills. But before you apply, make sure it is the best solution for you.
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Improving Your Credit
Posted by Patrick Hanan on June 15, 2010
Your credit score is a huge factor that lenders use in determining whether or not to give you a loan. It's important for you to understand your credit history and how it affects your credit score. Only then can you take steps toward improving your credit.
What is a Credit...
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Debt Management
Posted by Patrick Hanan on June 15, 2010
Debt management may not seem like it's the most interesting or exciting topic,
but for many, especially those who are deep in debt, it can be vital. Being
responsible is the key to dealing with debt. If you aren't being conscious of
your income and spending, working through...
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When to Consolidate Your Debt
Posted by Patrick Hanan on June 15, 2010
Debt consolidation is something to consider if you have a lot of debt at varying interest rates and payment plans. Learn more about this method to get you out of debt.
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Debt-to-Income Ratio
Posted by Patrick Hanan on June 15, 2010
Your debt-to-income ratio is a widely accepted way of measuring how deep into
debt you are. Many lenders use it as a factor in the pre-approval process of
getting a loan. The ratio compares the amount of income coming in to the types
and amount of debt you have.
The Two...
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Credit Repair Organizations
Posted by Patrick Hanan on June 15, 2010
Bad credit can be difficult to deal with. It stymies you from being able to take out a loan, buy a car, or get insurance. There are agencies out there that make promises to clean up your credit for a fee. This may be the action you want to take, but knowing what you can do on...
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Bankruptcy
Posted by Patrick Hanan on June 15, 2010
Bankruptcy is not necessarily the state of having no money. For our purposes,
concerning debt
management , bankruptcy is a legally declared inability to pay creditors.
Creditors can report their debtors as bankrupt, but it is more common that
"voluntary bankruptcy"...
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Consolidation FAQs
Posted by Patrick Hanan on June 15, 2010
Debt consolidation can generate a lot of questions -- find out answers to some of the most frequently asked questions when it comes to consolidating debt.