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A Leadership Map for the Future
A Leadership Map for the Future© 2003 Patsi Krakoff, Psy. D., CBCCustomized Newsletter ServicesJan/Feb 2004 Articlewww.customizednewsletterservices.comPredictions for the future can be stimulating and challenging, especially if one is a top executive in a ...
Haggling: Give Yourself A Raise
Haggling was a way of life for Mr. B. I knew Mr. B because his son was one of my friends. Hishaggling greatly embarrassed my friend, but it didn't bother Mr. B. He was saving money.Mr. B was a wonder. His distaste for paying retail was so ingrained he ...
Negotiating Real Estate - Go Slow
Why should you sometimes go slow when negotiating real estate deals? It's all about the power of time investment. Let me explain with a story. One of my less-pleasant experiences selling real estate was when I sold a home for a real decent guy, and the ...
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Pay Off Debt
The best way to maintain and improve your credit score is to pay off debts. Regular monthly payments make good habits and high credit scores. High interest credit cards should be tackled first, followed by other unsecured loans. Mortgages and student loans are considered "good" credit, and can be paid off last.
Debt consolidation loans, through home equity or personal loans, can help make payments easier by reducing interest rates and lowering monthly payments. You can also transfer credit card balances to reduce rates.
Get Help
If you find making on time payments difficult, then it is time to get some help. Credit counseling can help you figure out a budget and saving plan. They can also educate you on financial services that could help, such as a debt management company.
Debt management companies consolidate your
unsecured debts into one payment. They will also negotiate lower interest rates with your creditors. This may temporarily lower your credit score, but it can get you out of debt in less than five years.
Debt negotiation is also an option. For a fee, a company will negotiate with your creditors to reduce your loan amounts. Not all creditors will agree to this, but many will. By reducing your debt, you will be able to pay off loans, but it will be on your credit report for seven years. It may be a couple of years before you can qualify for credit.
Choose What's Best For You
There is no one answer to debt management. Each person's financial situation is unique and requires an individualized plan. Take a good look at your financial situation before deciding on a debt management plan. Don't be afraid to ask for help. Lenders and debt consolidation companies can supply you with free information about their services.
About the author:
Carrie Reeder is the owner of www.abcloanguide.com, an informational website about various types of loans. View her recommended Online Debt Consolidation companies.
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Sudan and South Sudan to resume negotiationsChristian Science MonitorAfter weeks of fighting, in which South Sudan took out one of Sudan's last remaining oil fields, the two countries are returning to the negotiation table, under African Union mediation. By Scott Baldauf, Staff writer / May 25, 2012 After a series of ...and more » |
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