With the economy in trouble and more layoffs being announced every day, many folks are searching for paths to stay clear of difficulty with credit card debt. Relief is possible not only for card debt, but also for other forms of indebtedness—but you have to know where to go and what to ask to find [...]
Posts on ‘July 6th, 2010’
Individual Voluntary Arrangement (IVA)
Since its conception in the 1980s, an individual voluntary arrangement has been an increasingly popular option for individuals that have a debt mountain that they are finding difficult to climb. Initially, IVAs were set up to help businesses facing bankruptcy but they became popular with members of the public once their advantages became more widely [...]
Will Applying For (And Receiving) A Debt-Consolidation Loan Damage My Credit?
The concept behind credit cards, ideally, is to allow you to purchase the things you need without having to pay for those items all at once. You pay for the items over time, and in exchange for allowing you to pay over time there’s an extra percentage added to the cost of the item called [...]