Before taking out a loan A: I want to buy a new mobile phone, but I do not have enough savings.B: Don’t be on edge. Why not borrow some money?A: That’s a great idea. After taking out a loan A: The debt is rising. My heart sinks.B: What can I do?A: Excuse me? How can …
Continue reading “Mistakes You Should Avoid When Trying to Escape Debt”
Wait! Wasn’t the word ‘unsecured’ meant for loans? Well, the word unsecured may apply to a good many things apart from a loan. Debts are unsecured too. This is the reason you see this post. The fundamental reason to say this is the presence of the collateral. The collateral is an asset against which a …
Continue reading “5 Kinds of Unsecured Debts You Need to Know”
Payday loans are small emergency loans aimed at helping you tide over when your savings fall short of cash to meet unforeseen expenses. These loans seem to be the perfect choice when you need money urgently. You can get money without further ado directly in your bank account and getting rid of them by paying …
Continue reading “How Can Payday Loans Throw You into a Debt Trap?”
Debts exist, and they are a reality. They aren’t bad, though. But, because they are a payment we still need to make, they keep on playing at the back of our heads. And that’s uncomfortable! In order to come up with a good debt consolidation package, you are to find a way for yourself. Look …
Continue reading “How Negotiating with Lenders Can Get You Relief”
If you have taken on a couple of debts and are now struggling to repay them on time, you will likely think of taking out a personal loan. These are large loans to consolidate multiple debts into one, so you do not have to juggle between different due dates. You will probably have signed off …
Continue reading “Should I Pay Off Debts Through a Personal Loan?”
Borrowing money is always more accessible than repaying it. One can keep on drowning in debt without even realising it. Since availing money is easy, no one tries to limit it and use it effectively. Coming out of debt is essential for a person’s financial well-being. It cannot be done overnight. It may take specific …
Continue reading “How can you unburden yourself from the Mounting Debt from Next Year?”
