Debt Consolidation Refinance Loans - A Great Way To Lower Your Bills

Written by Carrie Reeder


Continued from page 1

A debt consolidation refinance loan can enable you to eliminate debts and save money. Even if your credit history is less than perfect, you can refinance your home and consolidate your debts with one easy application. Multiple lenders who can assist you during each step ofrepparttar refinancing process will contact you within hours after receiving your application. You'll get no-obligation quotes from lenders who are eager to advise you aboutrepparttar 148139 numerous options that are available to you. If you completerepparttar 148140 short online application today, you will soon be on your way to a debt free existence, free fromrepparttar 148141 stress and pressure created by those high interest debts.

To see a list of recommended debt consolidation companies online, visit this page: www.abcloanguide.com/debtconsolidation.shtml - Carrie Reeder is the owner of ABC Loan Guide, an informational website with articles and more about various types of loans.


How to Reduce your Debt in 5 Easy Steps

Written by Chileshe Mwape


Continued from page 1

However, you could replace expensive debts with a cheaper personal loan (unsecured loan). Before taking on new debts, you might want to check out your credit history.

4. CREDIT COUNSELING

Some people are not disciplined enough to create a workable budget and stick to it. If you canít work out a repayment plan with your creditors and you canít keep track of mounting bills, consider contacting a credit counselling organization or a financial advisor. Inrepparttar UK you can use free debt counselling services such asrepparttar 148134 Consumer Credit Counselling,repparttar 148135 National Debtline andrepparttar 148136 Citizens Advice Bureau. Similar services are available inrepparttar 148137 US.

5. CONTACTING YOUR CREDITORS

A creditor is a company or person to whom you owe money. Many people struggling financially ignore debts and fear contacting their creditors. This reaction will damage your credit record. Creditors or lenders may take action against you in an effort to get payment. If you're finding it hard to get your bills paid, berepparttar 148138 one to contact creditors. They will be more willing to work with you. Work out arrangements that satisfy you both. Explain to each lender that you aim to repay each debt in full over time, but that they must accept reduced repayments for now. Decide how much you can pay them each month and set up a debt repayment plan. Conclusion If youíre serious about reducing your debt you should stop spending on your credit cards and stop taking out new loans. To increase your income, consider finding a second job or a lodger. Claim every state benefit that you qualify for and work on cutting down your expenses. Sell stuff that you donít need on eBay or at Car Boot fairs. Put enough money aside for emergencies, but userepparttar 148139 bulk of your savings to pay off debt. Debts usually cost you far more in interest than you gain on your savings. Also, if you have a fairly good credit record, you should transfer your debts to cheaper lenders. Finally, shop around for better deals for services and products that you use.

Disclaimer: This article does not constitute financial advice. If you require such advice, you should seek appropriate professional guidance.

Copyright © 2005. Chileshe Mwape writes for Debt Consolidation Loans UK: http://www.best-debt-consolidation-loan.co.uk/. Visit our site to consolidate debts and apply for a loan online. This article may be reprinted as long as all the above links are active and clickable.


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