ø Debt Consolidation ø

DadTalk blog has this to say about not keeping debt on your credit card: link

If you are one of the 60 percent of Americans who roll over their credit card debt month to month, be warned: you run the risk of being abused by banks. That’s because most credit card terms allow banks to change [...]

The University of Georgia has a site on how to deal with debt. Here is an excerpt from the section on debt consolidation using credit cards.
One method is to transfer all credit card balances to a card with a lower interest rate. There are several things to watch out for when transferring your [...]

Even the government has trouble keeping credit cards in check. Make sure you handle your’s carefully.
View from the Hill Online - Representative Jan Schakowsky, 9th District, Illinois
The Pentagon has sharply reduced the write-offs of unpaid credit card debt of soldiers and defense contractors by docking
their paychecks, but still has 400,000 too many cards in [...]

I found an interesting post on a blog about how going through debt consolidation may impact your credit.
Another often conflicting piece of information about debt consolidation is whether or not potential creditors regard debt consolidation as a responsible and positive financial move. Many people have been unpleasantly surprised to learn, after the fact, that [...]

I ran across a personal website the other day that was put up by an economics student who had gotten a little too far in debt. The student was trying to figure out the difference between debt consolidation and debt settlement. Lets look at the differences between these two ways of reducing debt.

Debt [...]

It is really quite simple. To get out of debt you must make more than you spend. Any other arrangement will lead to more debt. The speed at which you get out of debt is going to be related to how much you make beyond your expenses, but as long as you [...]

These forums have a lot of information and advice for people looking to get out of debt. They have a system where people can earn “debt care” points that can be exchanged for cash by answering questions posted to the forum. This helps insure that every question is answered quickly.

Technorati Tags: debt, debt [...]

GSA.gov offers the following tips for people looking for debt consolidation and reduction advice. Follow the link for the full article:
Credit Counseling. If you are unable to make satisfactory arrangements with your creditors, there are organizations that can help. The National Foundation for Consumer Credit has local, nonprofit members that provide education and counseling [...]

These forums have a lot of information and advice for people looking to get out of debt. They have a system where people can earn “debt care” points that can be exchanged for cash by answering questions posted to the forum. This helps insure that every question is answered quickly.

If you want to consolidate your debt by replacing multiple high interest loans with one low interest note, you have several options. One option that many people overlook is borrowing from yourself. Many retirement funds are setup where you can actually borrow money from yourself and pay it back on a schedule. [...]