Saturday, August 2, 2008

Bad Consolidation Credit Credit Debt Equity Good Home

Bad Consolidation Credit Credit Debt Equity Good Home - this was a search used to find the information on this page, I hope it is helpful to you...

For example, if you have one line of credit with a $5000 balance at 20 percent interest and move it to a balance transfer credit card with a 15 percent interest, you will save $250 on an annualized basis on that balance. Released on the first day of National Credit Education Week, the Credit Canada survey of 4,000 Canadians paints a dreadful portrait of the state of personal finances in our nation.

If you have assets with some significant equity, such as a home or a car you may be able to use these to get control of your debt. Stay out of the debt trap by thinking carefully about what you want and what you really need before you head out to spend.

You just might be surprised at the strong possibility that you spend more than you earn. I am amazed at how many of my clients fail to balance their checkbook. You will also have any remaining debts cleared after keeping to the arrangement over a period of five years.

You can regain financial health if you act. Make sure that you repay the loan on time so that you do not incur any debts.

Bad Consolidation Credit Credit Debt Equity Good Home

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