tag:blogger.com,1999:blog-6789874697737346872024-02-08T08:16:55.602-08:00Debt ManagementorsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.comBlogger23125tag:blogger.com,1999:blog-678987469773734687.post-5868225145302211392011-04-11T00:10:00.000-07:002011-04-11T00:10:43.829-07:00Email Archiving - The Achilles Heel of Document and Records Management<div dir="ltr" style="text-align: left;" trbidi="on"><span class="Apple-style-span" style="color: #424849; font-family: verdana, sans-serif; font-size: 11px;"></span><br />
<div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;">Email has developed into a major communication channel within every company with thousands of them being exchanged every day. As most business critical information is sent over email, it is imperative for companies to archive all records, whether in paper or electronic form for compliance purposes. The need for compliance has been mandatory due to demands made by government and regulatory bodies like the SEC, Sarbanes-Oxley and Basel II, which were primarily driven by instances of email mismanagement. Over the last couple of years more than 90% of disputes have included email as part of the evidence.</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;"><br />
</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;">According to the Sarbanes-Oxley Act, public companies must keep all documents and communications for seven years following an audit. The penalties for destroying or altering a document can include fines of up to $5 million and imprisonment for up to 20 years. The Federal Rules of Civil Procedure state that businesses that have the potential to be involved in lawsuits must prepare themselves to turn over email communications, if requested in a court case. Companies who don't have access to this information may lose lawsuits or incur extra expenses to recover necessary emails. Hence, email is becoming the Achilles heel of document and records management. The best way to protect yourself is through an effective email archiving solution that has become a major challenge for companies.</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;"><br />
</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;">W<strong>hat is Email Archiving?</strong></span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;">Email archiving is an organized way of capturing, saving and protecting every email that moves through your organizations server so that users can access it later, all the while conserving storage space. Email archiving makes it easy to store and manage large volumes of email at a single time and with search and retrieve tools to locate specific emails within minutes, saving companies precious time.</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;"><br />
</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;">Email archiving not only ensures that the organization remains compliant with applicable laws and regulations; it is the best way to meet eDiscovery requirements. Although email archiving projects are frequently managed by the exchange server administrator, the choice of <a href="http://www.sonasoft.com/products/sonavault-email-archiving-software/" style="color: #772c17;"><span style="text-decoration: underline;"><span class="Apple-style-span" color="#0000ff" style="color: blue;">email archiving software</span></span></a> must be carefully evaluated before implementing.</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;"><br />
</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span style="font-size: x-small;"><strong><span class="Apple-style-span" size="2">Benefits of Email Archiving</span></strong></span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;">More and more businesses are now using archiving for storage management, to monitor employee communications and for disaster recovery.</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;"><br />
</span></div><ul style="margin-bottom: 0px; margin-left: 15px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></ul><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span style="font-size: x-small;"><strong><span class="Apple-style-span" size="2">Monitoring Employee Communication –</span></strong><span class="Apple-style-span" size="2"> This is usually used in legal proceedings where e-mail evidence is requested in association with an employee’s violation of corporate e-mail policies or misuse of business e-mail.</span></span></div><ul style="margin-bottom: 0px; margin-left: 15px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></ul><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span style="font-size: x-small;"><strong><span class="Apple-style-span" size="2">Storage Management – </span></strong><span class="Apple-style-span" size="2">Archiving data helps eliminate past messages and helps free up space on the email server.</span></span></div><ul style="margin-bottom: 0px; margin-left: 15px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></ul><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span style="font-size: x-small;"><strong><span class="Apple-style-span" size="2">Disaster Recovery - </span></strong><span class="Apple-style-span" size="2">Disaster can halt the normal operation of day-to-day business activities. Archiving helps recover the information to the same or to a new server at disk-transfer and LAN speeds. You can recover accidentally deleted or destroyed records that have been archived.</span></span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;"><br />
</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: x-small;">Working without an email archiving solution could be dangerous. <a href="http://www.sonasoft.com/" style="color: #772c17;" target="_blank"><span style="text-decoration: underline;">Email archiving</span></a> is perfect for companies who are looking for a solution to protect their mission critical data, reduce server load from emails and preserve data for legal and <span style="text-decoration: underline;"><span class="Apple-style-span" color="#0000ff" style="color: blue;">regulatory compliance requirements</span></span>.</span></div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><br />
</div><div align="justify" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span style="font-size: x-small;"><span class="Apple-style-span" size="2">You may also take a look at - </span><a href="http://www.sonasoft.com/solutions/email-archiving-solutions/" style="color: #772c17;">email archiving solutions</a><a href="http://www.sonasoft.com/products/sonavault-email-archiving-software/" style="color: #772c17;"> </a> and <span class="Apple-style-span" size="2"><a href="http://www.sonasoft.com/products/sonavault-email-archiving-software/" style="color: #772c17;">email compliance </a></span></span></div></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com1tag:blogger.com,1999:blog-678987469773734687.post-88431311346006469622011-04-06T00:08:00.000-07:002011-04-06T00:08:06.610-07:00Features to Consider While Deploying Archiving Solution<div dir="ltr" style="text-align: left;" trbidi="on"><span class="Apple-style-span" style="color: #424849; font-family: verdana, sans-serif; font-size: 11px;"></span><br />
<div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;">All these requirements lead to a long list of features that have to be supported by a real archiving solution tailored to the SMB. Requirements such as:</span></span></span></span></span></div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><br />
</div><ul style="margin-bottom: 0px; margin-left: 15px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> User ID management</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> User Transparency</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Capture capability</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Extraction capability</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> De</span></span></span><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="times new roman" style="font-family: 'times new roman';"><span class="Apple-style-span" color="#000000" style="color: black;">‐</span></span></span><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;">duplication</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Compression/encryption</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Retention capabilities</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Storage capabilities</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Meta data capabilities</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Search capabilities (search in search)</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Litigation hold/Case management</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Examination (compliance, questionable use)</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Record destruction procedure</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Platform support (HW, SW, OS, Mail, Client)</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> Index/Data Base Architecture</span></span></span></span></span></li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"> </span><a href="http://www.sonasoft.com/solutions/data-protection-solution/" style="color: #772c17;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000099" style="color: #000099;"><span style="text-decoration: underline;">Data protection</span></span></span></span></a><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"><a href="http://www.sonasoft.com/solutions/data-protection-solution/" style="color: #772c17;"> solution</a> capabilities.</span></span></span></span></span></li>
</ul><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><br />
</span></div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;">An SMB must carefully choose which </span></span></span><a href="http://www.sonasoft.com/solutions/email-archiving/" style="color: #772c17;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000099" style="color: #000099;"><span style="text-decoration: underline;">email archiving solution</span></span></span></span></a><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> to deploy. If the wrong solution is chosen, the SMB’s e</span></span></span><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="times new roman" style="font-family: 'times new roman';"><span class="Apple-style-span" color="#000000" style="color: black;">‐</span></span></span><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;">mail troubles will double instead of disappear.</span></span></span></span></span></div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><br />
</span></div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;">The ubiquity of e</span></span></span><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="times new roman" style="font-family: 'times new roman';"><span class="Apple-style-span" color="#000000" style="color: black;">‐</span></span></span><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;">mail within an SMB continues to pose a number of challenges in the areas of storage, mail box size and secure information retrieval. Sonasoft offers a comprehensive portfolio of products for data recovery, </span></span></span><a href="http://www.sonasoft.com/products/sonaexchange/" style="color: #772c17;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000099" style="color: #000099;"><span style="text-decoration: underline;">exchange backup </span></span></span></span></a><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;">and recovery, </span></span></span><a href="http://www.sonasoft.com/" style="color: #772c17;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000099" style="color: #000099;"><span style="text-decoration: underline;">e</span></span></span></span><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="times new roman" style="font-family: 'times new roman';"><span class="Apple-style-span" color="#000099" style="color: #000099;"><span style="text-decoration: underline;">‐</span></span></span></span><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000099" style="color: #000099;"><span style="text-decoration: underline;">mail archiving</span></span></span></span></a><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> and data protection.</span></span></span></span></span></div><span class="Apple-style-span" size="2" style="font-size: xx-small;"><br />
</span><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;">Sonasoft ensures that data and applications are protected at all times so that the SMB business continues to run smoothly without any disruption. Sonasoft provides simplified storage and quick, easy access to critical data all at cost effective price points targeted for the SMB budget.</span></span></span></span></span></div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><br />
</span></div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 5px; padding-right: 5px; padding-top: 2px; text-align: justify;"><span class="Apple-style-span" size="2" style="font-size: xx-small;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;">Sonasoft’s Email Archival solutions, SonaVault, is designed to meet regulatory compliance needs of organizations. SonaVault Email Archive systems will capture all incoming, outgoing and internal emails and store them in archive databases as a Single Instance Store (SIS). Also, by use of optional stubbing</span></span></span><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> feature, message contents including attachments will be saved in the archive database and leave behind an empty shell of the message, namely stub in the body of the email. Alternatively messages can be completely deleted from users mailbox and users can access archived emails through SonaVault Web Console. This approach will reduce the size of the Exchange server by up to 90%. SonaVault</span></span></span> <span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"><span style="text-decoration: underline;"><a href="http://www.sonasoft.com/products/sonavault-email-archiving/" id="ixav" style="color: #772c17;" title="Email Archiving Software">Email Archiving Software</a></span></span></span></span><span class="Apple-style-span" style="font-style: normal; vertical-align: baseline;"><span class="Apple-style-span" face="verdana" style="font-family: verdana;"><span class="Apple-style-span" color="#000000" style="color: black;"> solution supports Exchange Server 2000, 2003, 2007 and 2010. SonaVault solution employs reliable safeguards, including encryption to ensure that the email is tamper-proof and cannot be altered. The solution gives the ability to migrate all existing PST file data into the archive repository. This enables organizations to eliminate PST files proliferation across the enterprise, thus resulting in better email management.</span></span></span></span></span></div></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-51210182619424318812011-03-28T02:05:00.000-07:002011-03-28T02:05:57.346-07:00eDiscovery Solution for Email Archiving<div dir="ltr" style="text-align: left;" trbidi="on"><span class="Apple-style-span" style="color: #444444; font-family: Helvetica, Arial, sans-serif; font-size: 14px;"></span><br />
<div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">Sonasoft provides a comprehensive <a href="http://www.sonasoft.com/" style="color: #1a97fd;" target="_blank"><span color="#0000ff" style="color: blue;"><span style="text-decoration: underline;">email archiving</span></span></a></span><span size="2" style="font-size: xx-small;"> solution coupled with features to enable and enhance ediscovery. Sonasoft’s archive solution provides simplified storage and quick, easy access to historical data. Data is stored efficiently on servers and can be accessed at any time. Sonasoft’s <a href="http://www.sonasoft.com/products/sonavault-email-archiving/" style="color: #1a97fd;" target="_blank"><span color="#0000ff" style="color: blue;"><span style="text-decoration: underline;">email archiving software</span></span></a></span><span size="2" style="font-size: xx-small;"> product has the ability to archive, search and retrieve emails quickly and accurately.</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">With Sonasoft, enterprises have the ability to search historical emails based on a number of criteria including sender, recipient, date, key words or strings and attachments. With Sonasoft’s query builder tool, users can define a query in any desired way including the use of Boolean operators to narrow their search and to quickly get search results.</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;"><br />
</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">Sonasoft provides several security mechanisms to ensure the integrity of stored electronic data with tamper proof mechanisms. The archived information is compressed and encrypted and assigned digital signatures. There are rules defined for roles based access so that specific users have permissions to access the data that they are authorized for. In the event of multiple litigation cases, searched emails can be assigned to different legal case files in parallel. People can put notes in the case files with no limitations on the number of case files supported. The emails continue to be stored in case specific folders until the case is closed.</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;"><br />
</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">Multiple case tracking means that the people involved with the case and the emails associated with the case are easily identifiable.</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;"><br />
</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">Ediscovery can also be used to monitor emails to determine compliance to company policies. As a security measure and compliance with legal and statutory requirements, generally, an organization imposes certain restrictions on internal and external email communication to control the information shared. The Sonasoft <a href="http://www.sonasoft.com/solutions/email-archiving/" style="color: #1a97fd;" target="_blank"><span color="#0000ff" style="color: blue;"><span style="text-decoration: underline;">email archiving solution</span></span></a></span><span size="2" style="font-size: xx-small;"> provides options for efficient checking of archived emails for compliance with the rules specified by the company.</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">An alert is sent out when emails contain inappropriate keywords or text. These emails are then flagged and the Sonasoft solution provides a screen to review those emails to check for compliancy. Reviewers can enter comments, accept, change status or even escalate for further review. For example, in the case of internal communications, you can set a policy to flag all the emails sent by the human resources group which has sensitive data such as salary or other remuneration to people who are not supposed to receive the information. In case of external communications, you can set a policy to flag the emails sent by software designers or architects to personal email IDs on other email servers such as Google and Yahoo or others in competing companies. </span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">Sonasoft provides detailed audit reports that track a variety of metrics such </span><span style="font-size: xx-small;">as:</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">- Search requests</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">- Email statistics reports (inbound and outbound)</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">- Tampered message reports</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">- Reports for attachment types</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">- Data leakage</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">- Configuration management audit trails</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span size="2" style="font-size: xx-small;">- Reports for archived emails</span></div><div style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: xx-small;">These reports assist enterprises in tracking any activity surrounding access </span><span style="font-size: xx-small;">to stored data.</span></div></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com1tag:blogger.com,1999:blog-678987469773734687.post-49288019113876661622011-03-09T00:19:00.000-08:002011-03-09T00:19:23.760-08:00Tips to Handle a Cash Flow Crisis<div dir="ltr" style="text-align: left;" trbidi="on"><span class="Apple-style-span" style="color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px;"></span><br />
<div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Summary:</strong><br />
You never know when a financial shortfall can happen. So it’s better to be prepared. Debt management program helps you tackle the economic crunch.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><br />
</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt management solutions</strong></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">There are no guarantees in this current economic situation. With the recession and unstable stock market, things are getting worse day by day. In such a situation, financial shortfall can happen even to the most economically secure person. One wrong move can saddle you with <a href="http://ezinearticles.com/?However-Big-a-Debt-Problem,-It-Can-Be-Solved-With-a-Little-Debt-Management&id=5389177" rel="nofollow" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt problems</a>. But <a href="http://www.debtburst.com/debt-management-program.html" rel="nofollow" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management programs</a> teach how to handle cash flow so as to avoid any shortfall situation. Here are some debt management solutions helpful for managing crunch cash flow situations</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><br />
</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Readjust your budget</strong></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The first thing you learn with a debt management program is to adjust your budget. Normally you maintain a budget, but that’s not enough, especially when you are on the threshold of financial crisis. Experts of debt management teach you to cut out unrestricted expenses – anything that’s not absolutely necessary to survive. Stop eating out, partying, buying designer clothes and everything that you can do without. Instead, use this money to pay off your credit bills.<div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Maintain a finance calculator</strong><br />
It’s very important to keep track of your expenditures. For that, debt management solutions experts suggest a finance calculator. Keep details about every expenditure you make specifying the date and amount. It’s just like any financial ledger and will help you know how much you owe.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Build an emergency fund</strong><br />
Counselors of debt management programs strongly recommend building an emergency fund which will take care of unexpected emergencies like an accident or job loss. This is one of the most effective ways to strengthen your financial security. It’s ideal to have a minimum of 3-6 months of living expenses in the emergency fund so if any cash related crisis arises, you can cover it.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Approach creditors</strong><br />
If your debt amount is very high and you are unable to make even the minimum payment at the end of month, then <a href="http://www.debtburst.com/debtManagementServices.php" rel="nofollow" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management solutions</a> experts recommend approaching your creditors. Explain to them your financial predicament and request to lower your monthly APR. Although there is no guarantee that creditors will agree, most often this trick works as creditors just want to have their investment returned, even if slowly.</div></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">To know more about visit - <a href="http://snipsly.com/2011/03/09/plan-a-debt-free-future/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt Management</a></div></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-88106989724383087992011-03-01T04:09:00.001-08:002011-03-01T04:09:52.807-08:00Top Five Myths of Debt Management<div dir="ltr" style="text-align: left;" trbidi="on"><span id="internal-source-marker_0.10354472557082772" style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Summary:</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">There are a wide variety of myths associated with what to do and what not to do about improving your debt structure. </span><a href="http://www.debtburst.com/debtManagementServices.php" style="color: blue; font-style: normal; font-weight: normal; font: normal normal normal 14px/normal 'Trebuchet MS'; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline;"><span style="background-color: transparent; color: blue; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">Debt management solutions</span></a><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> agencies clear the myths associated with debt management. </span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Debt management myths</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Rumors related to credit scores and debt management strategies can be confusing. It is a catch-22 situation where you have no idea whether to act based on myths or stick to your debt payoff tactics. Experts of debt management solutions have outlined the top five myths and the ways to tackle them.</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Closing old accounts improves credit score</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">If you are dealing with </span><a href="http://www.debtburst.com/debt-problems.html" style="color: blue; font-style: normal; font-weight: normal; font: normal normal normal 14px/normal 'Trebuchet MS'; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline;"><span style="background-color: transparent; color: blue; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">debt problems</span></a><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, you must have encountered this suggestion from friends and family. So if the same suggestion from various sources makes you contemplate whether to close accounts or not, here is the fact. According to debt management experts, closing old accounts will not improve your credit score; rather it will have the opposite effect. If you cancel your old credit account, your credit history will appear shorter. As a result, your credit score will be lowered. You can opt to close a new account if you are set on reducing your credit levels.</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Paying off debt adds 50 points to your credit score</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">There is no such magical formula to add up your credit score. There are several factors which are taken into account to derive the credit score. If you have a high credit score, even one non-payment or late payment of debt can cause the score to drop significantly. However, the case is not the same for low credit score holders. </span><a href="http://ezinearticles.com/?Know-When-to-Call-a-Debt-Management-Expert&id=5164418" style="color: blue; font-style: normal; font-weight: normal; font: normal normal normal 14px/normal 'Trebuchet MS'; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline;"><span style="background-color: transparent; color: #000099; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">Debt management experts</span></a><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> suggest paying bills on time and taking care not to have a bad credit report will automatically bring positive points for your credit score. </span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Negative payoff record gets removed from credit report</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">It’s a common misconception that once you pay off your collection accounts or declare bankruptcy, the charges will be removed from your credit report. Even if you have paid everything off, they remain in the credit report for a period of 7-10 years. The only change you notice is they will be marked as “paid.”</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Soft inquiry can harm your credit</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">This is considered a false <a href="http://snipsly.com/2011/03/01/1351169/" style="color: blue; font-style: normal; font-weight: normal; font: normal normal normal 14px/normal 'Trebuchet MS'; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline;">debt management</a> myth. Checking your credit report doesn’t affect your credit score in any way. Rather it is your right to know your credit status. Just take care not to make multiple hard inquiries within a short time interval as it might irritate your creditors. </span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Co-signer is not accountable</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">As a co-signer of any loan, you have certain legal responsibilities towards the credit amount. Any good or bad credit interest for this loan will show up on yours as well as the account holders’ credit reports. </span></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-66287102170179418172011-02-23T00:18:00.000-08:002011-02-23T00:18:33.211-08:00Why Debt Settlement is a Bad Option<div dir="ltr" style="text-align: left;" trbidi="on"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></span><br />
<div><strong><span id="internal-source-marker_0.4372012175153941">Introduction</span></strong><br />
<span>Debt settlement is considered a good alternative to bankruptcy, but is it really that good? Find out the answer from debt management services.</span><br />
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<strong>How Debt Settlement Works</strong><br />
<span>Debt settlement companies act as savings account for debtors. They offer to save up a lump sum of your money, and, once it attains maturity, they negotiate with creditors to pay off your unsecured debt. It is one of the </span><a href="http://www.debtburst.com/debtManagementServices.php" style="color: #7f0000; text-decoration: none;"><span>debt management services</span></a><span> agencies offer to </span><a href="http://debtburst.com/get-out-of-debt.html" style="color: #7f0000; text-decoration: none;"><span>get you out of debt</span></a><span>.</span><br />
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<strong>Debt Settlement – More Misleading Than Relief</strong><br />
<span>Until now, this debt management option was regarded as a substitute for bankruptcy. A bankruptcy declaration can have a negative effect on your credit report and your future prospects for bank loans, insurance and even jobs. That’s why the debt settlement scheme was devised. But some thing things are too good to be true.</span><br />
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<span>There are several debt management services agencies who charge exorbitant fees in the name of the negotiation and debt settlement process. They also don’t offer you any legal protection against the lawsuits of collection agents. This can make one question the true objective of these agencies. In fact, due to their steep fee structure, these debt settlement companies are being outlawed in many states.</span><br />
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<strong>Success Rate of the Debt Settlement Process</strong><br />
<span>You might find this surprising, but debt management experts report that the success rate for debt settlement is very low. Of all the people approaching these self-proclaimed debt settling companies, only 2% manage to settle their debt successfully. Most debtors are forced to leave the settlement process mid way through because they become involved in lawsuits or debt garnishments from creditors. </span><br />
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<strong>Impact on Taxes</strong><br />
<a href="http://ezinearticles.com/?Know-When-to-Call-a-Debt-Management-Expert&id=5164418" style="color: #7f0000; text-decoration: none;"><span>Debt management experts</span></a><span> also bring attention to another important issue</span><span> – </span><span>the consequences of tax on forgiven debt. The government considers this forgiven debt to be income and hence deducts tax from it. So if your debt settlement company gives you the idea that you can make a good profit, then you are being misguided. The profit you will make from forgiven debt will ultimately be taxed according to government income policy. </span><br />
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<span>Debt settlement is a good option only when handled by an efficient and genuine agency. Check with a licensed attorney who can guide you with good advice.</span></div><div></div><div><span><br />
</span></div><div><span>To know more about visit - <a href="http://snipsly.com/2011/02/23/smart-ways-to-handle-debt/" style="color: #7f0000; text-decoration: none;">Debt Management</a> and <a href="http://www.debtburst.com/debt-management-counseling.html" style="color: #7f0000; text-decoration: none;">debt management counseling</a></span></div></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-88755760559607845492011-02-16T23:15:00.000-08:002011-02-16T23:15:48.288-08:00Get Debt Relief for Your Small Business<div dir="ltr" style="text-align: left;" trbidi="on"><span class="Apple-style-span" style="color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px;"></span><br />
<div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Introduction</strong><br />
Are you contemplating the idea of declaring your small business bankrupt? Well, there are other debt management solutions available to handle your debt situation.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Impact of Recession on Small Businesses</strong><br />
The recent economical recession has had a tough impact on small businesses. As most businesses take unsecured loans, when they aren’t able to pay the accumulating debt and the high interest rates, they opt for bankruptcy. However, bankruptcy can have its own share of repercussions and hence should be the last resort to be debt-free. Just because you are unable to pay off your debt, you can’t lose all the goodwill you have worked so hard to earn with your business. In such a scenario, <a href="http://www.debtburst.com/debtManagementServices.php" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management solutions</a> offer many strategies to handle your small business’s debt issues.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt Management Plan</strong><br />
Under a debt management plan, <a href="http://ezinearticles.com/?Know-When-to-Call-a-Debt-Management-Expert&id=5164418" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt experts</a> usually bargain with your creditors to reduce the debt amount in a certain clause so that the payable amount will be lower than the current debt amount. It’s a legal procedure in which your creditors enter into a new agreement with you. Thanks to debt negotiation, you can eliminate up to 60% of your unsecured debt.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt Settlement</strong><br />
Debt settlement is a very good <a href="http://www.debtburst.com/debt-management-plan.html" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management plan</a> for small business owners who have more than $10K in unsecured debt. Unsecured debt creditors are apprehensive about collecting their delinquent accounts, so debt analysts take advantage of this through negotiation and settlement.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Relief Network</strong><br />
<a href="http://snipsly.com/2011/02/17/free-advice-on-debt-management/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt management</a> analysts often suggest a liability relief network for small business debt settlement. In fact, it’s considered a better choice than settlement companies. This network only enlists effective debt management companies with a successful track record. Hence, small business owners can expect some significant developments in their quest toward being debt-free.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Here are some dos and don’ts for small business owners:</strong></div><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt management planners strongly suggest not opting to borrow to repay your current debt. If you already feel the heat of debt, further borrowing will only add to your unsecured debt.</li>
<li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Be punctual in your tax payment. <a href="http://www.debtburst.com/debt-management-plan.html" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt management planners</a> prepare charts to help you maintain your tax details. Remember, even one tax non-payment can earn you an asset penalty from the Revenue Department.</li>
<li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Maintain a separate bank account. In this way, you can save a compensatory amount from your creditors in case of a drastic situation like bankruptcy.</li>
</ul><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">To know more about visit - <a href="http://www.debtburst.com/debt-management-counseling.html" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management counseling</a> and <a href="http://www.debtburst.com/credit-card-relief-program.html" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">credit card relief programs</a></div></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com1tag:blogger.com,1999:blog-678987469773734687.post-35602949758523223262011-02-09T00:14:00.000-08:002011-02-09T00:14:28.700-08:00How to Fix your Debt Problem<div dir="ltr" style="text-align: left;" trbidi="on"><span class="Apple-style-span" style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 19px;"><ul style="list-style-type: disc; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 10px; outline-color: initial; outline-style: none; outline-width: 0px;"><li style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px !important; outline-color: initial; outline-style: none; outline-width: 0px;"><strong style="margin-top: 0px !important; outline-color: initial; outline-style: none; outline-width: 0px;">Introduction </strong><br style="outline-color: initial; outline-style: none; outline-width: 0px;" />Is your debt problem strangling you? Well, you don’t have to live with it forever. Debt management programs can offer many strategies to handle various debt related issues.<br style="outline-color: initial; outline-style: none; outline-width: 0px;" /> <br style="outline-color: initial; outline-style: none; outline-width: 0px;" /><strong style="outline-color: initial; outline-style: none; outline-width: 0px;">Reasons for Debt Problems</strong><br style="outline-color: initial; outline-style: none; outline-width: 0px;" />Most debt problems occur because of bad management of personal finances. Credit cards offer the most convenient way to borrow money, but this often turns negative for cardholders. Credit cards also offer the easiest option for buying, not to mention the safest because you don’t have to worry about losing your money. But if not used wisely, credit card usage can lead to serious debt problems. <a href="http://www.debtburst.com/debt-management-program.html" style="color: #444444; outline-color: initial; outline-style: none; outline-width: 0px;">Debt management programs</a> offer many strategies to deal with a debt crisis.<br style="outline-color: initial; outline-style: none; outline-width: 0px;" /> <br style="outline-color: initial; outline-style: none; outline-width: 0px;" /><strong style="outline-color: initial; outline-style: none; outline-width: 0px;">Debt Management Programs</strong><br style="outline-color: initial; outline-style: none; outline-width: 0px;" />Debt handling agencies offer <a href="http://snipsly.com/2011/02/09/how-to-choose-the-best-method-of-debt-clearance/" style="color: #444444; outline-color: initial; outline-style: none; outline-width: 0px;">debt management</a> programs in which they educate debt-stricken consumers. Starting with counseling, negotiation and finally settlement, experts from agencies can cover every stage to make you aware of your debt problems. They can also teach you how to get rid of debt. But the initial wake-up call has to happen on your end. How serious are you about your debt problem? Are you looking for a way to get rid of your debt? If the answer to both of these questions is yes, then approaching debt agencies can be quite useful.<br style="outline-color: initial; outline-style: none; outline-width: 0px;" /> <br style="outline-color: initial; outline-style: none; outline-width: 0px;" /><strong style="margin-bottom: 0px !important; outline-color: initial; outline-style: none; outline-width: 0px;">Below are some effective strategies for conquering your debt problem: </strong>Stop paying with credit cards all the time. Most people buy things they want, not need, which augments the debt problem. Consider credit cards as extra money, not a necessity.</li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px;">Always check the interest rate and other administrative fees before signing up for a credit card. The market is flooded with various credit card companies showcasing attractive offers, but you need to choose the offer with the lowest interest rate.</li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px;"><a href="http://www.squidoo.com/debt-management-plan-" style="color: #444444; margin-bottom: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: none; outline-width: 0px;">Debt management planners</a> suggest checking whether reward points are available as partial payment of your credit card debt. You may be able to save some money by trading your reward points.</li>
<li style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px;">If you have multiple credit cards, transfer most of your debt to the lowest annual percentage rate (APR) card. As the interest rate is low, you can save a good deal in paying off other debt.</li>
<li style="margin-bottom: 0px !important; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px;">Make a deal with yourself. Debt management planners suggest either you increase your income from additional sources such as a part-time job, or put a stop to your unnecessary expenses to get rid of your <a href="http://www.debtburst.com/debt-problems.html" style="color: #444444; margin-bottom: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: none; outline-width: 0px;">debt problem</a>. Ultimately, the choice is yours. </li>
</ul></span></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-29748279642194653022011-02-01T23:31:00.000-08:002011-02-01T23:31:22.086-08:00Debt Fighting Tricks to Control Debt<div dir="ltr" style="text-align: left;" trbidi="on"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', Trebuchet, Tahoma, Arial, sans-serif; font-size: 12px;"><span><b>Introduction</b></span><br />
<span>Worried about how to get rid of debt? With these debt management tricks you can give your </span><a href="http://www.debtburst.com/debt-problems.html" style="color: #cc3333; text-decoration: none;"><span>debt problems</span></a><span> a tough fight. </span><br />
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<span>Debt can happen in a number of ways. Unexpected medical bills, accidental expenses of a spouse, extended sick leave, mortgage loan, credit card bills – all these are circumstances that can push you towards debt one way or another. Debt is like an avalanche – if not handled in time, it can blow right over you. </span><span><a href="http://snipsly.com/2011/02/02/how-to-payoff-student-debts/" style="color: #cc3333; text-decoration: none;">Debt management</a> agencies are there to help you in your fight against debt.</span><br />
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<span><b>Stop the blame game.</b></span><span class="Apple-style-span"></span><br />
<span>You might not realize it, but 99.9% of the time we tend to blame others for our debt situation. Be it for reasons like student loans, mortgage payments or credit card issues, nobody can force you to be in debt. These factors could have aided you, but if you are not able to control your expenses and get out of debt, you know whom to blame. Once you accept the responsibility, the next stage is to seek </span><a href="http://www.debtburst.com/debtManagementServices.php" style="color: #cc3333; text-decoration: none;"><span>debt management solutions</span></a><span>. </span><br />
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<span><b>Know your debt.</b></span><span class="Apple-style-span"></span><br />
<span>It might be surprising, but there are people who actually have no idea how much money they owe to creditors. Ironic, isn’t it? Well there are debt management analysts to help. They add up your credit card bills, student loans, car loans, home loans, etc., to prepare a detailed debt payoff structure. </span><br />
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<span><b>Make a smart move.</b></span><span class="Apple-style-span"></span><br />
<span>Don’t let irresponsible finance related decisions spoil your chance of becoming debt-free. Just because something is on sale doesn’t mean you have to buy it, especially if you don’t need it in the first place. The idea of “saving money” by buying on discount is illogical. So strictly follow the <a href="http://www.debtburst.com/debt-management-plan.html" style="color: #cc3333; text-decoration: none;">debt management plan</a>. It will help you streamline your expenses. </span><br />
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<span><b>Be consistent in interest payment.</b></span><span class="Apple-style-span"></span><br />
<span>Does it matter if you miss an interest payment one month? Or if you make a late payment? It does, a lot. You might make it up in your next payment, but it will generate a bad credit rating for you anyway. And a bad credit report can have a negative impact on your credibility with creditors. That’s why debt management analysts recommend being consistent in debt payments. </span><br />
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<span>These are not hidden secrets, but tested debt management tricks which, if followed with dedication, can bring you into debt free territory. </span><span><br />
</span></span></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-4908743712747367892011-01-27T02:12:00.000-08:002011-01-27T02:12:28.088-08:00Understand Your Options through Debt Management<div dir="ltr" style="text-align: left;" trbidi="on"><span class="Apple-style-span" style="font-family: 'Comic Sans MS', cursive; font-size: 13px;"><strong><span id="internal-source-marker_0.6912068747915328">Summary:</span></strong><br />
Debt is unavoidable in our current economic scenario. But instead of panicking, it is definitely worth exploring the possibilities that could lead you to be debt-free. <a href="http://ezinearticles.com/?Debt-Repayment-Plans-That-Work&id=5382272" rel="nofollow" style="outline-color: initial !important; outline-style: none !important; outline-width: initial !important; text-decoration: underline;">Debt management</a> is your constant companion in your quest to be debt-free.<br />
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<strong>Debt Management Solutions</strong><br />
Debt brings with it a lot of psychological and mental stress along with the financial disturbance. Rather than hiding and not answering creditors’ calls, it’s better to approach an effective <a href="http://www.debtburst.com/debtManagementServices.php" rel="nofollow" style="outline-color: initial !important; outline-style: none !important; outline-width: initial !important; text-decoration: underline;">debt management solutions</a> provider who can assiste you in dealing with your debt. Through counseling, devising a suitable debt management plan, negotiating and settling down debt, these debt solutions providers are there for you at every step.<br />
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<strong>Objectives of Debt Management Solutions</strong><br />
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<strong>Reduce your stress. </strong><br />
Debt management planners’ devise strategies to settle your debt and strengthen your dwindling finances.<br />
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<strong>Freeze interest rates and thus prevent your debt from accumulating.</strong><br />
Debt analysts try to reduce your interest rates by providing counseling and building a <a href="http://www.debtburst.com/debt-management-plan.html" rel="nofollow" style="outline-color: initial !important; outline-style: none !important; outline-width: initial !important; text-decoration: underline;">debt management plan</a>. Be it through credit card balance transfers from high interest rates to lower ones, home equity loans, curbing extra expenses or even reprimanding you against using high interest credit cards too often, they adopt all means to reduce your interest rates. And reduction in interest rates will simply stop your debt from growing further.<br />
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<strong>Arrange one monthly payment scheme.</strong><br />
Very often we lose track of how many debts we need to pay off at the end of the month. Debt management offers the unique solution of debt consolidation where you will no longer miss any monthly payments. You just need to consolidate all your debts and pay them off through a single monthly payment scheme.<br />
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<strong>Make debt payoff affordable according to your income.</strong><br />
It’s better to make a minimum payment than non-payment or a late payment. Covering all your debt in this way will improve your credit rating. What’s more, based on your good credit rating, you may even be able to buy extra time for your debt repayment from your creditors.<br />
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<strong>Stop creditors from chasing you.</strong><br />
You don’t have to hide from creditors anymore. <a href="http://snipsly.com/2011/01/27/debt-repayment-plans-that-work/" rel="nofollow" style="outline-color: initial !important; outline-style: none !important; outline-width: initial !important; text-decoration: underline;">Debt management</a> analysts are there to handle calls on your behalf. With a proper management plan and an improved credit rating, debt agencies prepare you to face your creditors with new confidence.<br />
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<strong>Restrict legal insolvency procedures. </strong><br />
A Debt management plan covers many aspects of debt settlement. However, the basic objective of an effective debt plan is to stop the debtor from going bankrupt. Although there is no legal binding, creditors also prefer this as it offers them a much better return on their credit than a bankruptcy scheme.</span></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-62129896158142261342011-01-19T00:44:00.000-08:002011-01-19T00:44:50.589-08:00Debt Management – A Step towards Financial Freedom<div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Introduction</strong><br />
Are you one of the many who are trapped by debt and desperately looking for financial freedom? With some easy-to-follow strategies, debt management can be the key to being debt free forever.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt Scenario</strong><br />
The debt situation is very serious in all corners of the world today. Even powerful countries like the US and UK haven’t escaped from the trap of debt. Monthly bills, credit card interest, mortgage loans, educational loans, medical expenses – the list of the various forms of debt is endless. With so many bills to pay off, it’s not unusual to lose track of debt payments. But with an effective <a href="http://www.debtburst.com/debtManagementServices.php" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management solution</a>, you won’t have to worry about anything.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">A Debt Management Secret</strong><br />
According to <a href="http://www.debtburst.com/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management</a> analysts, a little debt is not so bad. In fact, it can turn out to be profitable for you. Sound contradictory? Well, not really. A home equity loan can be a good option for achieving income tax balance. Also you can consistently pay off your creditors if your debt amount is less, and it will build a good credit rating for you. Based on your rating, you can also obtain other loans with lower interest rates.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt Management Keys to Breaking the Cycle of Debt</strong></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Curb High-Cost Debt</strong><br />
Debt management strategists often suggest paying off your highest interest credit card balance first. But don’t stop your lower interest debt payments, rather continue with the minimum payments. Once the higher interest debts are paid off, you can work on the balances of your other debts.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Maximize the Usage of Debt Consolidation</strong><br />
Debt consolidation is a good option for paying off debt. <a href="http://ezinearticles.com/?Know-When-to-Call-a-Debt-Management-Expert&id=5164418" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt management experts</a> suggest a number of ways in which to speed up your debt payment proceedings. Some prominent strategies are:Balance transfer from high interest credit card to low interest credit card. However, it is advisable to have a clear understanding about the transfer fees before choosing the option or you could end up paying more than the initial credit card payoff. Home equity loans offer low interest rates, and there is also a tax deduction provision. Hence, it’s a good debt management strategy to opt for a consolidation loan.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Avoid Sacrificing Retirement Savings</strong><br />
Retirement saving is a wise plan for saving for the future. Even though debt payment should be your highest priority, debt management analysts recommend it shouldn’t be at the sacrifice of your retirement savings.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">To know more about visit - <a href="http://orson10.insanejournal.com/2132.html" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt Management</a></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-72398775558641818582011-01-12T00:45:00.000-08:002011-01-12T00:45:31.364-08:00How a Credit Card Balance Transfer Can Improve Debt Management<div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Introduction</strong><br />
Did you know that a credit card balance transfer might be a good method for paying off your debt? Keep reading to learn more about what debt management strategists offer as the reasoning behind this and the benefits associated with balance transfers.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt Management Planners Support Credit Card Balance Transfers</strong><br />
<a href="http://www.debtburst.com/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt management</a> planners suggest that a credit card balance transfer can be a safe option for paying off high interest debt because it amounts to essentially borrowing from low interest credit cards. However, transferring a balance is not a simple procedure. There are several aspects to consider or it could end up becoming a costly affair.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Per a new guideline issued on February 22, 2010, all credit card holders are required to maintain higher interest rate balances by making payments above the minimum level. Business analysts might consider it an additional burden on debtors but it will actually facilitate balance transfer pay off and allow card holders to pay less interest. So in a way, it is a win-win situation for credit card holders.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Choose a Good Credit Card for a Balance Transfer </strong><br />
Debt management counselors advise to check for certain things when choosing a balance transfer credit card, like the introductory rate, validity of the introductory period, post-promotional interest rate and balance transfer fee, if any. Also make sure to enquire about how you can qualify for an introductory interest rate if you opt for a particular credit card.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The Goal is to Save Money</strong><br />
The primary objective of a debt management solution is to save money, and a credit card balance transfer is no exception. The trick is to repay the entire balance of your credit card within the promotional interest rate period. This way you will make the most of the savings from the balance transfer.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Maintain a Healthy Credit Score</strong><br />
A credit card balance transfer might affect your credit score. A high credit balance indicates more debt and creates a negative impression among creditors. That’s why <a href="http://www.squidoo.com/debt-management-counseling-" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management counselors</a> recommend doing anything you can to avoid a bad credit score.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><strong style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Double-Check your Credit Card Balance Transfer</strong><br />
After you transfer your balance to a new credit card, it is recommended that you double-check to make sure the transfer was successful. If you have opted for a <a href="http://orson10.insanejournal.com/2009.html" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management plan</a> (DMP), don’t forget to ask for a billing statement showing the transfer. If there is any mistake in the balance transfer, you can find out about it easily through the billing detail. It also will help you track any missing or delayed payment that could become a problem in your debt repayment later.</div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-87764651443537016972011-01-05T01:20:00.000-08:002011-01-05T01:20:39.089-08:00Five Hot Debt Management Tips to Get out of Debt<div class="itemContent" style="clear: left; font-family: 'Trebuchet MS'; font-size: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 5px; padding-left: 20px; padding-right: 20px; padding-top: 5px;"><div style="background-color: transparent; font-family: 'Times New Roman'; font-size: medium; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span id="internal-source-marker_0.6567683380562812" style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Summary:</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The psychological burden of debt can be a source of continuous mental and physical stress. If continued for a long period, this stress can paralyze our lives by making us feel depressed and feeble. But debt management offers various strategies to combat debt and become debt-free forever. </span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Debt Management Solutions</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Debt in this tight financial period is almost unavoidable, but there are ways to fight it off. With effective debt management solutions, you can become debt free and put your life back on track again. Here are five hot </span><a href="http://debtburst.com/" style="color: blue; font-style: normal; font-weight: normal; font: normal normal normal 14px/normal 'Trebuchet MS'; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline;"><span style="background-color: transparent; color: blue; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">debt management</span></a><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> tips on how to be debt free forever.</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">First Debt Management Tip</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">If you are already in debt, promise yourself not to get into any new debt. No matter how enticing a new credit card offer or car loan is, refrain from filling out any new forms. It’s worth it during this period of time when you are already in debt. </span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Second Debt Management Tip</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Get into the habit of living within your means, starting today. It’s quite easy if you keep tabs on your expenditures. Similar to the way you keep track of your salary and bonus details, try to keep detailed paper work on your bills, credit card statements and loan payment statements, if any. This debt management tip will help you know how much you have to pay and will automatically prompt you to live within your stipulated budget.</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Third Debt Management Tip</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">It’s a good idea to negotiate for better interest rates while paying off your debt. If you pay a lump sum amount for your mortgage, then take advantage of a lower interest rate. Read the contract details clearly to understand the advantages if you pay back your debt earlier than the stipulated time period.</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Fourth Debt Management Tip</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Transfer your balances to credit cards that offer lower interest rates. Many credit card companies charge only a nominal amount and some even offer the balance transfer for free. However, don’t make this an excuse to add another credit card to your list. </span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Fifth Debt Management Tip</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Remember, </span><a href="http://www.debtburst.com/debtManagementServices.php" style="color: blue; font-style: normal; font-weight: normal; font: normal normal normal 14px/normal 'Trebuchet MS'; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline;"><span style="background-color: transparent; color: blue; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">debt management solutions</span></a><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> analysts can only help you, but it’s you who has to be mentally prepared if you want to be debt-free. You need to follow a detailed debt payment system in which higher priority debt (in terms of higher interest rate) is paid off first and lower interest rate accounts follow. You can then incrementally add to the amount you pay for each of your debts every month. This will help you easily keep tabs on how much you have paid and how much is remaining. </span></div><div style="background-color: transparent; font-family: 'Times New Roman'; font-size: medium; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /></span></div><div style="background-color: transparent; font-family: 'Times New Roman'; font-size: medium; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">To know more about visit - <a href="http://orson10.insanejournal.com/1662.html" style="color: blue; font-style: normal; font-weight: normal; font: normal normal normal 14px/normal 'Trebuchet MS'; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline;">Debt Management Plan</a></span></div><div><br />
</div></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-17183191056836609672010-12-28T01:48:00.000-08:002010-12-28T02:53:35.678-08:00Protect Yourself from Unscrupulous Collection Agencies<div style="font-size: 13px;"><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif;"><span id="internal-source-marker_0.7609086730517447">Collection agencies are infamous for fudging the law when collecting money that is owed to them. If you are an individual with a low income, you could be an easy target for these deceptive practices. The uninformed can fall prey easily. Common practices of collection agencies can include profanity and intimidation to seek payment. If you are a victim of these practices you can seek refuge under federal law, which prohibits collection agencies from engaging in unfair practices. If they fail to comply with the rules, there can be penalties and heavy court fees. </span><br />
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If you are an individual facing collection, you have protection and recourse under the Fair Debt Collections Practices Act (FDCPA). There are specific provisions under which you are federally protected.<br />
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<strong>Harassment and Abuse</strong><br />
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Collection agents cannot use profane language or make repeated calls in order to collect payment. Threatening or intimidating a debtor is harassment and is strictly restricted. This also includes calling members of your family.<br />
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<strong>Mode of Communication</strong><br />
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Collection agents can call you only between the hours of 8:00 a.m. and 9:00 p.m. unless you have specified another time than this. Similarly, they cannot attempt to contact you at work or contact your employer. You can also make a request not to be contacted at all. Collection agents are required to comply with such requests without fail.<br />
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<strong>Third Party Communication</strong><br />
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Agencies dealing with collection are not allowed to talk to third parties about your case. They can only ask your whereabouts and give their name. If you have an attorney, all information or contact must be directed through the attorney. Collection agents have the right to contact your spouse. If you are a minor, they can contact your parents.<br />
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<strong>False Representation</strong><br />
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Collection agents have been known to use tactics like impersonation or falsification of documents to seek payment. Impersonation of law enforcement officials and falsified documents can intimidate the debtor into paying. Such tactics are not allowed under the law.<br />
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<strong>Unfair Tactics</strong><br />
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In the case of non-payment, you cannot be threatened with criminal prosecution. Collection agencies are obliged to notify you well in advance when there has been a non-payment or a change in interest rate. They also cannot deposit post dated checks prior to the date without your permission.<br />
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<strong>Recourse and Refuge</strong><br />
As a debtor, you have certain rights and are federally protected under the FDCPA Act. If your rights have been violated, you can sue the collection agency for being overzealous about seeking payments. If they resort to unfair practices, you will be legally protected under the law. <a href="http://www.debtburst.com/debt-management-counseling.html" rel="nofollow" style="outline-color: initial !important; outline-style: none !important; outline-width: initial !important; text-decoration: underline;">Debt counseling services</a> can teach you how to tackle such issues. In some cases, you can have a partial or entire debt forgiven for fighting against illegal practices.<br />
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</span></div><div style="font-size: 13px;"><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif;">To know more, please visit at <a href="http://orson10.insanejournal.com/1346.html">Debt Management Services</a></span></div><div style="font-size: 13px;"><br />
</div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-40000404390388709072010-12-22T00:54:00.000-08:002010-12-22T00:54:52.072-08:00A Complete Guide to Debt Management Solutions<div style="color: #6e7173; font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif; font-size: 13px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">In today’s economic crisis, <a href="http://www.debtburst.com/" style="color: #6e7173; text-decoration: underline;">debt management</a> is a savior for all debtors. However, the concept of debt management is vast and includes various types of services. Knowing the types of debt services will help you chose the right service for managing your debt.</div><div style="color: #6e7173; font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif; font-size: 13px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 10px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>Types of Debt Management Solutions </b><br />
Per a recent analysis, in 1980 consumer expenditures were 65% on average in the US, but today it’s a whopping 110%! With the economy showing no leniency and expenditures growing leaps and bounds, many consumers are falling prey to debt and bankruptcy. However, debt management helps consumers manage their expenditures effectively and become debt-free. <a href="http://www.debtburst.com/debtManagementServices.php" style="color: #6e7173; text-decoration: underline;">Debt management solutions</a> cover many services. Some of the more prominent ones are discussed below.</div><div style="color: #6e7173; font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif; font-size: 13px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 10px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>Non-profit Debt Management Solution</b><br />
Many consultants offering debt reduction services are non-profit, which means they charge very reasonable fees. If you are looking for a quality service at very nominal fees, this one is for you.</div><div style="color: #6e7173; font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif; font-size: 13px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 10px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>Holiday Debt Management </b><br />
Paying off holiday debts is a headache for many, but there is a <a href="http://orson10.insanejournal.com/1159.html" style="color: #6e7173; text-decoration: underline;">debt management</a> service exclusively meant for holiday shoppers. While planning your holiday pay-off, it is suggested that you pay off higher interest credit cards first and transfer balances to lower interest rate credit cards. If your company offers a Christmas or year-end bonus, it would be wise to save a significant amount to put towards holiday debt payments.</div><div style="color: #6e7173; font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif; font-size: 13px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 10px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>Consolidated Debt Management Loans</b><br />
Consolidated loans have lower monthly interest rates and longer time periods. It makes sense to choose these to pay off higher debts. However, you have to be disciplined about your expenditures so as not to fall prey to some other bigger debt again.</div><div style="color: #6e7173; font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif; font-size: 13px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 10px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>Credit Card Debt Management </b><br />
An important thing about credit card bills is to pay them on time. A delay in one payment might increase the interest on other cards as well.</div><div style="color: #6e7173; font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif; font-size: 13px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 10px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>Educational Programs on Debt Management</b><br />
Most often we fall prey to debt because we do not know how to follow a budget effectively. That’s why many service providers offer educational programs where they make you aware of debt and show you how to control your budget so as to avoid debt situations. These programs are inexpensive and in many cases even free. This type of <a href="http://www.squidoo.com/debt-help-service" style="color: #6e7173; text-decoration: underline;">debt help service</a> is very useful because they also help you stay out of debt in the future.</div><div style="color: #6e7173; font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif; font-size: 13px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 10px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">To know more about visit - <a href="http://www.debtburst.com/debt-management-program.html" style="color: #6e7173; text-decoration: underline;">debt management programme</a></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-59963388021380861142010-12-15T00:26:00.000-08:002010-12-15T00:26:33.216-08:00Credit Counseling the Right Way<span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: 18px;"><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-weight: inherit; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">You can improve your quality of life by learning to manage your finances better. All of us have debts and loans that need to be paid over time. If our money is not managed properly though, we can easily become caught in a web of debt. Increasing debt is a serious concern in the day to day lives of many, and effective </span><a href="http://www.debtburst.com/" rel="nofollow" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;" target="_blank"><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">debt management</span></a><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-weight: inherit; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"> is necessary to stay afloat.</span> <br style="line-height: 1.5;" /><br style="line-height: 1.5;" /><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-weight: inherit; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Credit counseling is a good option for people who need help sorting out their financial situation. It helps people understand how to avoid incurring more debt. It can be helpful in planning an effective debt management strategy to assure </span><a href="http://www.squidoo.com/free-debt-relief-program" rel="nofollow" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;" target="_blank"><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">debt relief</span></a><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-weight: inherit; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">. Some of the benefits of credit counseling are:</span> <br style="line-height: 1.5;" /><br style="line-height: 1.5;" /><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>Knowing your finances</b></span><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-weight: inherit; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"> – The best part of is that you learn more about how money works -- bank accounts, credit, debit, bills, loans, interest and more. This equips you to handle your current financial situation better and will be of great help in the future too.</span> <br style="line-height: 1.5;" /><br style="line-height: 1.5;" /><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>Mediators</b></span><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-weight: inherit; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"> – </span><a href="http://www.debtburst.com/credit-counseling-services.html" rel="nofollow" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;" target="_blank"><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Credit counseling services</span></a><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-weight: inherit; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"> offer to talk to your creditors on your behalf and work on a plan that satisfies your interests as well as your creditors’. Your monthly payment plan will be negotiated and settled with your creditors.</span> <br style="line-height: 1.5;" /><br style="line-height: 1.5;" /><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>No initial fees</b></span><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-weight: inherit; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"> – Some counseling companies do not charge for initial consultations. Opt for such companies with good reputations. Monthly fees are usually used to pay your debt and the counseling service's fee for managing the debt. Do not choose companies that charge a large amount up front or high commissions.</span> <br style="line-height: 1.5;" /><br style="line-height: 1.5;" /><span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-weight: inherit; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Credit counseling is a good way to find help to manage your debt, but tread with care. Do your own homework on the various services out there, and choose the one you feel the most comfortable with.</span>To Know more about - <span style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-weight: inherit; line-height: 1.5; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><a href="http://orson10.insanejournal.com/828.html">Debt management programme</a></span></span>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-59939601181627910412010-12-09T00:54:00.000-08:002010-12-09T00:54:04.852-08:00A Debt Management Solution Can Bring Peace of Mind<div style="font-family: 'Comic Sans MS', cursive; font-size: 13px;"><span id="internal-source-marker_0.038425480015575886">In these times of economic recession, experiencing financial trouble is nothing new. But on the positive side, this recession has also led many people to find new ways to save money and pay down their </span>debt. For some though, regardless of the budget put into place, life has ways of making the economic struggle even worse. They might have to deal with job loss, pay cuts, shorter working hours or even sickness. For people in debt, the thought of dealing with reduced finances can be particularly worrying. Rents or mortgages, utility bills, gas, food and all the other essential everyday expenses that seemed so easy a few months ago might suddenly be a real challenge.<br class="kix-line-break" /><br class="kix-line-break" />When you find paying back debt difficult or even impossible, a debt management program may be just what you need to finally overcome your financial troubles. There are many <a href="http://www.debtburst.com/debtManagementServices.php" rel="nofollow" style="outline-color: initial !important; outline-style: none !important; outline-width: initial !important; text-decoration: underline;">debt management solution</a>s available on the internet for comparison and consideration.<br />
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Remember, getting out of debt does not have to be difficult if approached in an organized manner with proper counseling assistance from a debt management solutions company. Their counselors are trained and experienced on such financial issues, so you can disclose all the details of your existing debts to them. The counselor will work closely with you to understand your situation and come up with a personalized plan that fits your needs and helps you get out of debt more quickly. </div><div style="font-family: 'Comic Sans MS', cursive; font-size: 13px;"><br />
Benefits of a debt management solution include the lowering of your interest rates and monthly payments, the slashing of your over-the-limit fees or penalties, stopping collection calls, and the consolidation of multiple bills that you are juggling into one singular monthly payment. They enable clients to take charge and take control of their financial situations by supplying them with helpful and easy to use financial tips. Get easy to follow tools and resources that can help you evaluate and track your situation and make some important decisions. </div><div style="font-family: 'Comic Sans MS', cursive; font-size: 13px;"><br />
All this sounds very simple, and it is if you find the right debt management plan. There are non-profit <a href="http://orson10.insanejournal.com/602.html">debt management</a> companies dedicated to helping people like you get out of debt. However, make sure you deal with a reputable company by checking their background and reading reviews to find out what people are saying about their <a href="http://www.squidoo.com/debt-management-program-" rel="nofollow" style="outline-color: initial !important; outline-style: none !important; outline-width: initial !important; text-decoration: underline;">debt management program</a> before you finalize. </div><div style="font-family: 'Comic Sans MS', cursive; font-size: 13px;"><br />
Don’t accept any solution unless it fits your needs. Make sure that the plan designed for you is acceptable to your creditors. Finally, once everything falls into place, remember to never be late with your payments.<br />
Again, getting out of debt is easy if you have the right debt solution. It is better to work with a customized plan and regain your financial health than to struggle and fail.</div><div style="font-family: 'Comic Sans MS', cursive; font-size: 13px;"><br />
</div><div style="font-family: 'Comic Sans MS', cursive; font-size: 13px;">To know more about visit at - <span class="Apple-style-span" style="border-collapse: collapse; color: #500050; font-family: arial, sans-serif; font-size: 12px;"><a href="http://www.debtburst.com/how-to-solve-debt.html">how to solve debt problems</a></span></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-7187944505463606182010-12-01T01:17:00.000-08:002010-12-01T01:17:30.363-08:00Basics of Personal Loans<div style="font-family: 'Comic Sans MS', cursive; font-size: 13px;"><span id="internal-source-marker_0.3359871725551784">Banks offer different kinds of loans, one of which is Personal Loan. Available at your discretion, a personal loan is a typical general purpose loan. Expenses like paying bills, car repairs, paying school fees etc. often need unsecured loans to be covered. Personal loans are unsecured loans which are granted to people with good credit records. A good credit record implies an ability to repay.</span><br />
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Often touted as a resourceful tool for debt consolidation loans, multiple accounts can be merged into one single payment through personal loans. However, personal loans are difficult to obtain because the requirements to qualify for personal loans are considerably strict.<br />
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<strong>What You Should Know About Personal Loans</strong><br />
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Here are certain facts that you should be aware of, before applying for a personal loan:<br />
<ul><li>Personal loans are unsecured loans. The lender will not require an asset as collateral. This is a good reason why personal loans are difficult to obtain. Although the lender cannot seize an asset, non-payment of the loan can attract lawsuits.</li>
</ul><ul><li>Personal loans are based on a fixed amount. Based on your credit rating, a personal loan usually ranges between $1000 - $50000. Higher amounts can only be obtained from banks that you already share a good credit history with.</li>
</ul><ul><li>Personal loans have fixed interest rates. The interest rate of a personal loan remains fixed and does not change during its life span. Like the loan amount, interest rates for a personal loan, vary according to the credit rating of the applicant. Hence lower interest rates are preferable because this makes it easier for you to repay the amount. Few personal loans come with a variable interest rate.</li>
</ul><ul><li>Personal Loans have a fixed repayment period. If you borrow a personal loan, your repayment period is fixed, mostly in months. Longer repayment periods may lower the monthly repayment amount. However, this tends to increase your interest rate. Shorter repayment periods attract a lower rate of interest.</li>
</ul><br />
Since a personal loan is unsecured, they usually tend to come with a higher rate of interest. Also, they are considered as one of the best <a href="http://www.debtburst.com/debt-consolidation-program.html" rel="nofollow" style="outline-color: initial !important; outline-style: none !important; outline-width: initial !important; text-decoration: underline;"><span class="Apple-style-span" style="color: black;">debt consolidation program</span></a>. If you do not have an impressive credit history, you could obtain a personal loan by acquiring a credit card. However, this works only for small amounts. An extra option lies in the form of money sourced from friends and family, from whom loans can be obtained with a clear contract on repayment.</div><div style="font-family: 'Comic Sans MS', cursive; font-size: 13px;"><br />
</div><div style="font-family: 'Comic Sans MS', cursive; font-size: 13px;">To know more about visit at - To know more, please visit at <a href="http://cms.debtmanagement.webnode.com/news/credit-card-skimming/" rel="nofollow" style="outline-color: initial !important; outline-style: none !important; outline-width: initial !important; text-decoration: underline;"><span class="Apple-style-span" style="color: black;">Debt Management</span></a> and <a href="http://www.debtburst.com/debtManagementServices.php" rel="nofollow" style="outline-color: initial !important; outline-style: none !important; outline-width: initial !important; text-decoration: underline;"><span class="Apple-style-span" style="color: black;">debt management services</span></a></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-91734708778128787102010-11-30T22:41:00.001-08:002010-11-30T22:41:33.767-08:00Debt Burst Announces Tips for Better Credit Card Management <a href="http://ping.fm/mme5f">http://ping.fm/mme5f</a>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-67608758388462902402010-11-24T00:52:00.000-08:002010-11-24T00:53:24.639-08:00Fixed Rates vs. Variable Rates<div style="background-color: transparent; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"></span></span></span><br />
<div><span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><span id="internal-source-marker_0.9981174035929143">A credit card can either pave the way for a good </span>spending plan or make you a spendthrift drowned in debt. Hence, before accepting a credit card, a major factor for consideration is the type of interest rate you will pay on the credit card. There are two types of interest rates – fixed interest rates and variable interest rates. If you are confused about what kind of interest rate is right for you, it is important to know your options well.</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><br />
</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><strong>Fixed Interest Rate</strong></span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><br />
</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;">If you are a card holder with this option, you always know your interest rate. The credit card company can increase this interest rate after one year, but is liable to notify you 45 days in advance. You have the privilege of canceling the card and paying the balance at a much lower rate. </span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><br />
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<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;">Credit card issuers can increase your rate under the following circumstances:</span></span></span><br />
<ul><li><span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;">You have delayed a credit card payment for more than 60 days</span></span></span></li>
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;">
<li>You had a promotional rate that has ended</li>
<li>You have completed a <a href="http://www.squidoo.com/debt-management-program-" style="color: #7f0000; text-decoration: none;">debt management program</a> your underlying interest rate has changed and you now have a variable interest rate</li>
</span></span></span></ul><span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><br />
</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;">Unless it is for one of the reasons stated above, credit card companies cannot increase your interest rate within the first year. This type of interest rate can provide stability in making monthly payments because the APR (Annual Percentage Rate) remains consistent.</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><br />
</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><strong>Variable Interest Rate </strong></span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><br />
</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;">A variable interest rate tends to fluctuate with the prime interest rate. Since it is linked to the underlying rate, it tends to go up and down. In this case, credit card issuers are not liable to send you any notifications of the changing rate. Unless you pay attention to your billing statements, you will not be able to know the change in interest rate on your credit card. However, if the credit card company increases the margin portion of the interest rate, they are liable to send you a notification in advance. The margin portion is the difference between the variable interest rate and the index rate. In this case, the rules of fixed interest rates apply. You also have an option to opt out of the interest rate.</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><br />
</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;">The primary advantage of a variable interest rate is that if the interest rate goes down, your payment can become easy. If the margin portion is increased, you will always be notified. However, it is important that you pay close attention to the fluctuating interest rates. </span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><br />
</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><strong>Choose Wisely</strong></span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><br />
</span></span></span><br />
<span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;">Choosing the appropriate type of interest rate is part of a good <a href="http://cms.debtmanagement.webnode.com/news/fixed-rates-vs-variable-rates/" style="color: #7f0000; text-decoration: none;">debt management plan</a>. Determine your financial resources. If you can afford to pay a fixed interest rate, go ahead with that option. On the other hand, if you want to play with the odds and take full advantage of fluctuating rates, choose the variable interest rate.</span></span></span></div><div><span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;"><br />
</span></span></span></div><div style="line-height: 15px;"><span class="Apple-style-span" style="font-family: Verdana; font-size: small;"><span class="Apple-style-span" style="font-size: 13px; white-space: pre-wrap;"><span class="Apple-style-span" style="color: #1e1e1e; font-family: Arial, Helvetica, sans-serif; font-size: 12px; white-space: normal;">If you know more about visit <a href="http://www.debtburst.com/debtManagementServices.php" style="color: #7f0000; text-decoration: none;">debt management services</a> and <a href="http://www.debtburst.com/how-to-solve-debt.html" style="color: #7f0000; text-decoration: none;">how to solve debt problems</a>.</span></span></span></div></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-79979614679546956062010-11-16T03:10:00.000-08:002010-11-16T03:11:21.773-08:00Pros & Cons of Credit Card Balance Transfer<div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Credit card companies are making big business these days. With the extensive use of credit cards by their customers, finance charges mount up very quickly. When such conditions arise, a possible solution is credit card balance transfer. This involves shifting one credit card balance to another credit card.</span></span></span></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Credit card balance transfer is encouraged by almost all credit card providers because it attracts new customers. And for customers this is an attractive option because the new bank may offer lower interest rates and temporary interest-free periods.</span></span></span></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">So, what is the real deal with credit card balance transfers? Is this process part of a good </span></span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management<span class="Apple-style-span" style="color: #0066cc;"> </span>plan</span></span></span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"> or just an offer to lure customers? When should you opt for a credit card balance transfer? To have these questions answered, it is necessary to understand the pros and cons of credit card balance transfer.</span></span></span></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><b><i>Benefits of Credit Card Balance Transfers</i></b></span></span></span></div><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><b>Interest-free Period</b> – You can save money from an interest-free credit card balance transfer. With a low APR (Annual Percentage Rate) and a sizable balance, a customer can save a considerable amount annually.</span></span></span></li>
</ul><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><b>Reduction of Debt </b>– If the rate of interest is low, it implies that monthly payments can clear the outstanding balances sooner.</span></span></span></li>
</ul><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><b>Budgeted Borrowing</b> – If the transfers are managed successfully, the interest rates can be minimized. Furthermore, this method of inexpensive borrowing can prove to be cheaper than a personal loan.</span></span></span></li>
</ul><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><b>Unsecured Debt</b> – Credit card debt is unsecured. Since the lender does not have collateral, an alternative debt solution can be initiated if the credit card balance transfer fails to reduce debt.</span></span></span></li>
</ul><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><b><i>Disadvantages of Credit Card Balance Transfers</i></b></span></span></span></div><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><b>New Lines of Credit</b> – The purpose of a credit card balance transfer can also have a contradictory effect. Sometimes consumers are given higher spending limits with their new line of credit, which may result in additional spending that can destroy the very purpose of the credit card balance transfer.</span></span></span></li>
</ul><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><b>Availability</b> – Interest-free credit periods are available only to those with a good credit history. Those with late and missed payments do not qualify for full benefits.</span></span></span></li>
</ul><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><b>Transfer Fees</b> – Card providers usually charge a flat fee or a percentage of the balance to be transferred. This fee is added to the owed amount, implying that a customer may only be able to start saving on interest payments after a few months.</span></span></span></li>
</ul><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><b>Expiration of Introductory Rate</b> – Once the introductory rate expires, the APR can become higher again, resulting in the debt situation returning to its earlier scenario.</span></span></span></li>
</ul><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">A </span></span><a href="http://www.debtburst.com/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">debt management</span></span></span></a><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"> plan is usually only effective when it is well thought out. If the credit card balance transfer is not promising enough to improve your financial condition, then it is better not to do it. On the other hand, a good credit history and an effective management of credit card balance transfers can improve your financial status. So, use the pros and cons above to assess and determine your current debt scenario, and opt for a credit card balance transfer only if it is capable of improving your current financial status.</span></span></span></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #444444; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">You might also be interested in reading about – </span></span></span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><a href="http://cms.debtmanagement.webnode.com/news/pros-cons-of-credit-card-balance-transfer/">Debt Management Solution</a></span></span></span></div><div><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0066cc; font-size: small; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><br />
</span></span></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0tag:blogger.com,1999:blog-678987469773734687.post-21817042594259471662010-11-11T01:00:00.000-08:002010-11-11T01:00:29.374-08:00Debt Consolidation Loans for You<span id="internal-source-marker_0.23077492858283222" style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Expenses that exceed your income become debt. Repayment of these loans can become a challenge. Sometimes, you may have to resort to taking additional loans to cover the existing ones. In such cases, an individual needs professional advice from debt settlement companies or debt consolidation companies. Financial advisors often offer an option of debt consolidation loans.</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">A debt consolidation loan covers all the debt you have acquired. The idea behind a debt consolidation loan is to merge all your loans and credit card debt into a single loan. What is the benefit? Instead of paying separate debts to individual creditors, you can make a single payment to the debt consolidation company every month. The debt consolidation company then makes the payments to your creditors.</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">There are various forms of debt consolidation loans. It is important to determine which one suits you the best. A debtor should consider his needs and requirements before applying for a debt consolidation loan or plan. </span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline; white-space: pre-wrap;">To make a wise choice, it is wise to seek <a href="http://www.debtburst.com/">debt management</a> </span><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">credit counseling. When applying for a debt consolidation loan, it is important to consider the following – </span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br />
<ul style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><li style="background-color: transparent; color: black; display: list-item; font-family: Verdana; font-size: 10pt; font-style: normal; font-weight: normal; list-style-type: disc; margin-bottom: 0px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"><span style="background-color: transparent; color: black; display: block; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 2px; padding-right: 2px; padding-top: 2px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Life span of a loan</span></li>
<li style="background-color: transparent; color: black; display: list-item; font-family: Verdana; font-size: 10pt; font-style: normal; font-weight: normal; list-style-type: disc; margin-bottom: 0px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"><span style="background-color: transparent; color: black; display: block; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 2px; padding-right: 2px; padding-top: 2px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Payback amount in gross plus interest</span></li>
<li style="background-color: transparent; color: black; display: list-item; font-family: Verdana; font-size: 10pt; font-style: normal; font-weight: normal; list-style-type: disc; margin-bottom: 0px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"><span style="background-color: transparent; color: black; display: block; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 2px; padding-right: 2px; padding-top: 2px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Fixed monthly payment</span></li>
<li style="background-color: transparent; color: black; display: list-item; font-family: Verdana; font-size: 10pt; font-style: normal; font-weight: normal; list-style-type: disc; margin-bottom: 0px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"><span style="background-color: transparent; color: black; display: block; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 2px; padding-left: 2px; padding-right: 2px; padding-top: 2px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Effect on credit rating</span></li>
</ul><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">After a thorough analysis of these factors, you can consider the types of debt consolidation loans available – </span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Home Equity Loans</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">If you have enough credit and a fair amount of equity in your home, a home equity loan is an option. Though the interest rates are lower, your home will become a part of your credit card debt. Hence, this option is not usually preferred unless fixed payments can be assured.</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Credit Card Balance Transfers</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">This option involves transferring all of your credit card balances to a single credit card. Although the interest rates are lower, they tend to expire after a certain period of time. If you are interested in this option, consider the life span of the low interest rate. Credit card balance transfers can also affect your credit score.</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Personal Loans</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Personal loans are unsecured loans with fixed payments over a period of time. Approval of personal loans depend on your credit rating. If your credit rating is good, your application will be approved. A bad credit rating could result in a personal loan with a high interest rate or sometimes no approval at all.</span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Remember that a debt consolidation loan is not a solution for getting rid of your debt. It is just a way of merging and organizing your payments so that it becomes easier to make a single payment instead of many. Choosing the wrong type of debt consolidation can become troublesome. Debt management counseling is a must. Consider your requirements and choose wisely. </span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><span style="background-color: transparent; color: black; font-family: Arial; font-size: 12pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"></span><br style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" /><div style="margin-bottom: 0pt; margin-left: 0px; margin-right: 0px; margin-top: 0pt; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; text-align: justify;"><span style="background-color: transparent; color: black; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">To know more, please visit at <a href="http://cms.debtmanagement.webnode.com/news/first-time-credit/">Debt Management Solution</a></span><span style="background-color: transparent; color: #000099; font-family: Verdana; font-size: 11pt; font-style: normal; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;"></span></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com2tag:blogger.com,1999:blog-678987469773734687.post-54969908890040374302010-11-09T03:17:00.000-08:002010-11-09T03:17:20.456-08:00Top 8 Tips to Overcome Debts Faster<div id="internal-source-marker_0.5024013055711174" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt can be overwhelming, and especially so when it gets out of control. In most cases, people reach a point when they are unable to manage their debt, and consequently end-up in deep financial crisis. While overcoming debt can be highly challenging, it is not impossible to achieve. All you need is some diligence and perseverance to effectively overcome debt.</span></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Debt may result from poor money management or irresponsible spending, or sometimes due to unforeseen external factors like job layoff, illness, etc. Whatever the reason, managing debt properly is crucial for returning to a debt-free life.</span></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Here are some basic tips that can help you get out of debt faster:</span></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></span></div><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Get a clear snapshot of your financial worth</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">.</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Evaluate your financial position and calculate how much you owe. List out all your mortgage payments, credit card payments, loans or any other such expenditures. Then calculate your debt-to-income ratio. This will give you important insights into which areas you should concentrate your efforts on.</span></li>
</ul><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"></span></div><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Create a realistic budget.</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Once you know your financial status, it is important to create a budget. List out all your expenses, your monthly bills and requirements, etc., and ensure that they are covered by your income. Keep a record of every expense; this will help you know where you are spending. List out your spending at the end of each day. At the end of the month you can look for areas where unnecessary expenses can be avoided.</span></li>
</ul><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Avoid credit card debt</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">.</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Never have more than one credit card at a time. This can lead to an unhealthy trend of rotating payments, which can get out of control very soon. If you have multiple credit cards with debt, pay off those with the highest interest first. If the balance exceeds 50% of your credit limit, pay the balance below 50% of your credit limit, as this can affect your credit score. Another way to tackle this is by applying to transfer the balance to a card that offers no interest or low interest.</span></li>
</ul><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Learn new ways to save money</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">.</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Draw a budget and cut all unnecessary expenses. Pay cash while shopping, instead of paying with your credit card. Look for ways to make an extra buck. If you have enough time, you could even take on a part-time job.</span></li>
</ul><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Don’t borrow to pay off a loan</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">.</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Don’t get caught in another debt trap. If you have to borrow, take it from friends or family who may not charge interest. While this should be the last resort, try to avoid this situation by making regular payments.</span></li>
</ul><ul style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; list-style-image: initial; list-style-position: initial; list-style-type: square; margin-bottom: 24px; margin-left: 1.5em; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><li style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Ask for Help.</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">If you feel that you need help to overcome your debt, do not hesitate to take<a href="http://www.blogger.com/goog_1580675857"> </a></span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span class="Apple-style-span" style="color: #0066cc;"><span class="Apple-style-span" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-color: initial; border-style: initial;"><a href="http://cms.debtmanagement.webnode.com/news/how-to-succeed-when-your-debt-is-extensive/">debt management</a></span></span> </span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">advice from professionals who can provide you with an effective debt management</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">program with customized and easy-to-follow steps.</span></li>
</ul><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">While these tips can help you survive and overcome a debt crisis, you also need to remember that you have to follow some basic money management principles to avoid such a crisis again. And for this, the key is to control your expenses and keep track of your spending.</span></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; margin-bottom: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><br />
</span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">To know more, please visit at </span><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #297ccf; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><a href="http://debtburst.com/debt-management-program.html">debt management program</a></span></span></span></div><div><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #297ccf; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: underline; vertical-align: baseline;"><br />
</span></span></div>orsonLhttp://www.blogger.com/profile/03802369618167423178noreply@blogger.com0