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When most people try to get out of debt, their focus is on how much they make. The first thing they do is start looking for ways to make more money. Making more money is one thing that you usually don’t have a significant amount of control over. However, you do have [...]

I’ve seen quite a few people looking for a way to borrow against their Individual Retirement Account (IRA). Most people will tell you that it can’t be done, but there is one way to do it. It is potentially risky, but it give you a way to borrow money against the IRA and [...]

I’ve seen several people coming to this site from Google looking for information on how debt consolidation will impact their credit rating. Most people get a debt consolidation loan after they are in financial trouble. If you get a consolidation loan before you’ve missed any payments, it will probably have little to no [...]

Free Money Finance offers some very good advice when it comes to selecting financial advisors. The same advice applies when talking to someone who is going to help you with a debt consolidation loan:

Are they obligated to always act in your best interest?
How are they compensated?

The blog has some other advice here. Those [...]

If you are serious about getting out of debt, you know that the more money you can free up to pay off principle, the faster you’ll get out of debt. Most people think they need more money to do this, but often times people overlook their reoccuring expenses. Things like cable, magazine subscriptions, [...]