Money Minute – Friday 14 February

When people approach a charitable organization, a finance website or a commercial debt management company, they first come face to face with a debt management consultant. This person is the one in charge of evaluating a debtor’s case, recommending if he needs to have a debt management plan, and if he does, what kind is the most suitable for his situation.

The purpose of developing this framework is to underline the importance of the role played by the credit controller in a company especially in the present market scenario; to put forth some sagely advice to the new entrants into this field. At the time of entry to this field when I turned to literature to help me in understanding the role of a credit controller to my utter surprise I could not find concrete material on this area.

Christian debt management is one of those rare instances when matters of money and religion mix as a singular and surprisingly logical concept. It is also about lifestyle adjustment, not just actual debt management solution. This is not a religious practice nor is it restricted to Christians only; however, it does espouse Christian values as its main proponent.

Debt settlement agencies are financial business firms that deal with customers that have unmanageable debt to deal with. A Federal Reserve Study suggests that around 43% of the Americans spend more than what they are earning. Isn’t that a large number of people? This further indicates that 1% of families would eventually end up as bankrupt.

In the United Kingdom there have always been charity organizations and commercial financial debt management companies that the people could turn to when paying their debts becomes a very difficult and almost impossible thing to accomplish. Even before 2011 there had been signs already that the year will be a rather difficult one for the British people.

Would you like to get rid of your personal debt? I have the solution! If you are one of those who have a sizable balance on a high interest rate Visa or MasterCard, paying the balance off can be tough. That is because monthly finance charges consume your minimum payment and the balance only drops a small amount every month. Though settling higher interest debts first is the method for saving money in the long term, it may not be the best solution to your finances.

The way the economy has been going lately with jobs losses in record numbers and home foreclosures, debt advice is in abundance. Just turn on your television and within five minutes you will see at least five debt management commercials.

Stop the cycle of living from paycheck to paycheck. Sooner or later you will fall behind and then it will be a death spiral to a pit of despair trying to make ends meet. Follow these tips to end the cycle. The choice is yours.

With the UK economy at risk into spiraling down into another recession, the effects of the crisis had long reached the household level. People are dealing with inflation, many are losing their jobs, and individual debts are escalating.

Banks offer us services that we need. Don’t allow banks to get greedy by learning how to manage your personal debt with some basic tips.

In today’s economy it’s way too easy to borrow too much, and credit cards make it easy. Here are some basic tips on how to achieve credit card debt reduction.

Debts can be stressful. Unpaid bills and tax dues accumulate penalties and interests that make it even harder to settle it. So, when your financial pressures seem unbearable, hire a debt settlement attorney.