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Benefits of Debt Consolidation

The Benefits of Debt Consolidation On Your Credit Score

In a time like today where there is economic uncertainty, the debts can start mounting up. If you already have bad credit then it can be a very difficult time. Missing payments can take an even bigger hit on your credit score. But there is hope. If you have bad credit and are looking for solutions then a Debt Consolidation Loan could be your saviour.

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Paying off Debt vs. Saving for Retirement

This is one of those financial questions that always seem to arise at some point in life: should I pay off my debts or should I start saving for retirement? Under very happy circumstances, we should be able to do both; however, unless we’re billionaires, we may have to borrow the money needed for any of the situations above. So how do we choose between the two, under these circumstances? Well, here are some thoughts. Figuring Out the Interest Rates Take a spreadsheet and start writing down the interest rates, going from highest to lowest. You should include everything from […]

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Is it Smart to Choose Bad Credit Loans While in Debt?

We’ve all been there – some more than others. We already have debts, and we are not entirely sure whether or not we should add even more to it. It’s like borrowing money from a friend, not giving it back and then asking for some more. What guarantee do you (or they) have that you’ll repay this new debt now if you didn’t repay them previously? Should you add more to the debt by opting for bad credit loans? Getting a Loan When You Have Bad Credit Many lenders do not really want to give money to people who have […]

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Finding the Right Bad Credit Loan

Bad credit loans have proved to be a good credit solution to many people that don’t qualify for a standard loan. The recession or having to deal with getting fired due to a fallen economy has taken its toll on many Australians. An unstable income leads to skipped payments that initially results in a bad credit rating and finally in major difficulties to getting a loan approved. Thus, starting a new business or affording monthly expenses takes some help in this situation. Bad credit loans will offer a lifeboat when times get rough, and you aren’t eligible for any other […]

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Rethink Your Debt Management Plan

As the personal loan market is in continuous change, specialists advise every Australian to rethink their debt management plan for 2016. You should take advantage of all the changes that happen nowadays in the financial market and get control of your debt. Of course, brokers are also encouraged to support the clients by re-examining the products and services which can be used to help them. From the beginning of the year, the banks had a considerable tendency of tightening personal loan criteria. According to experts, the trend is the same for mortgage and asset-based loans. Taking all these into consideration, […]

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Why We Have Shopaholic Behaviour

Being a shopaholic can put you in a financial crisis. There is nothing wrong in spending your hard earned money but problems start to come in when the desire to buy seems to be uncontrollable. Purchasing things that you don’t really need which just turns into clutter or you end up wondering why you bought a whole stack of canned goods. You can’t get out of the mall without purchasing anything. If you are experiencing the same thing, then you may be a shopaholic. Advertisers and their marketing strategies try to manipulate or affect one’s spending habits, but the brain […]

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