10 Things You Need to Know about Debt Consolidation Loans
November 26, 2018 by Ruby Akid -
According to official statistics, Australia has the highest personal debt levels in the world. To be more precise, the average person earns $80,000 net, while spending as much as $169,000 per year. The discrepancy between these numbers is unsettling, at the very least. That is why many choose to get a debt consolidation with bad credit or second chance loans in order to reduce the amount of debt owed. Still, is that actually the case? Or are there any hidden risks to applying for such a loan? We plan on presenting the things you need to know on the topic of debt […]
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Understanding Debt Agreements
November 12, 2018 by Ruby Akid -
If you are in debt but you don’t want to go through insolvency, it is advisable to study the provisions on debt agreement in the Bankruptcy Act. But, what is a debt agreement? Can it protect you from creditors? A debt agreement is a legally binding agreement between you and your creditors, with the following stipulations: Your creditor agrees to accept a specific amount payable within a fixed time period, usually within four years. It can also be a full debt settlement with an amount lesser than the actual debts. It signed and accepted by you and your creditor The […]
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Top Daily Habits of Savvy Business Owners
May 21, 2018 by Guest Writer -
If you want to be successful in your career, then there are certain things that you might want to practice – no matter if it’s during your free time or work schedule. There’s no “ideal time” for being a good business manager. Money makes the world go round, so you’ll have to know ‘round the clock how to be a good manager. To make things easier for you, there are a few daily habits and character traits that you might want to consider as a savvy business owner. Put them in motion, and you can thank us once success […]
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Creative Hacks to Get Out of Debt Fast
May 14, 2018 by Guest Writer -
Coping with debt is, undeniably, stressful. Hence, coming up with an efficient way of minimising your debt is more than welcome. On that note, we would like to give you a couple of suggestions on the topic of debt reduction. These creative hacks could genuinely help! Create a Budget For starters, you have to be serious about your financial goals. Evidently, you should know how much you earn and how much you owe. Afterwards, you should determine the amount you can save. That means you should operate within a budget. The difference between how much you make and how […]
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How To Get Out Of Debt Now
March 26, 2018 by Agnes -
Debt is a huge crisis that society is facing right now. In fact, having debt is one thing that most people have in common. Truth be told, when you see yourself drowning in debt, you no longer know where to go, what to do, and where to start. If you think that you’re already in your debt too deep, getting out of it might be really hard but here are tips to get yourself out of debt. Recognize Knowing exactly how much you owe in utilities, the bank, or some people you may have borrowed money from is the first […]
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How to Fix Bad Credit with a Spendthrift Spouse?
January 23, 2018 by Agnes -
How to Fix Bad Credit with a Spendthrift Spouse? Are you seriously considering hiding money from your spouse so he or she can’t spend it or so you can fix your bad credit situation in secret? If so, this article is for you. Sometimes, the “let’s sit down and talk” method won’t work First and foremost, this is not a relationship advice. It focuses on the strategies that we can do to make sure that we won’t go to the “hide my money” thing which can lead to trust issues. Good communication is also an indispensable factor to a successful […]
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What is a Default? How Do You Get Rid of It?
December 19, 2017 by Agnes -
Understand the real meaning of default, its implications and what you can do to get out of it. If you fail to pay a debt at a time that you’re expected to repay it, you are considered to have defaulted on that particular debt. But, not all late payments can legally qualify as a default. Default defined Default is at least $150 overdue consumer debt that you failed to pay within 60 days and has been listed on your credit report by your credit company or utility providers. But, your credit provider cannot list it without sending you two separate […]
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What You Should Do After Paying Off a Big Debt
April 5, 2017 by scotty -
Hell is over! You’ve just made your final payment on a huge debt you never thought you’d get out of. Now what? Well, it would be a smart decision to learn how to manage your finances properly, so you don’t become indebted ever again. You don’t need to read a “How to manage your finances properly” guide. Your mistakes were probably good enough teachers. However, just for the sake of it, let’s see what you should do after making the last monthly repayment on a debt. How to Manage Your Finances Properly Celebrate You’ve made it, so you deserve to […]
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Top Tips to Avoid Future Debts
March 5, 2017 by scotty -
If you are here, you are probably wondering how to avoid future debts or how to eliminate debt all together. While the answers can be easy to understand, they can be hard to apply in real life if you are struggling with your daily finances. Read on to discover our guide on how to avoid future debts and keep it that way: Avoid Unnecessary Payment There are many people who end up with debts and taxes that are over their financial power. In order to understand those debts, you can start looking at their purchase history. The truth is that […]
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