If you do not have a home but do have good credit then you may have other options available to you such as an unsecured loan. An unsecured loan is a good faith loan meaning that business that lent to you trusts you enough to repay loan. This type of loan will not impede your ability to buy and sell property since they will not but a lien on your assets. This may be important to you if you are planning on selling your vehicle or other assets in near future.

Debt consolidation can be a valuable tool if you know what you are doing and how you got to this point. Debt consolidation may offer lower interest rates, lower monthly payments and only a single bill to pay once a month thus making your budgeting easier.

However, cost of this convenience can be fairly high. Often companies will charge you for settling a loan earlier than arranged thus adding to total amount owed. Generally consolidated loans payments are less than what you are currently paying. This is because term is longer than before. Another way lenders make money is by offering loan insurance that you may already have. It always pays to shop around for any product since company offering it at time is usually charging more for convenience of bundling it.

As you can see a consolidated loan can save you money but may not be best option available to you. The key is to shop around and do your homework. Find out what various companies offer, what kind of interest rate you should expect to pay based upon your credit rating and what alternative options you have available to you. For example you may be able to borrow from your 401K plan and you will not be charged interest on loan if you make an arrangement to repay loan with your employer. A 0% interest loan is a much better option than a consolidated loan.

I strongly advise my public company clients to seek ways to encourage their existing shareholders to become long-term investors in company. If your existing shareholders don't sell their stock, it costs your company far less to spread word about your "forward looking" statements with expectation that investor relation's effort will result in a sustainable strong share price. The primary group who should be long-term investors are your company's insiders, officers and directors. Your employees shouldn't have shares they can quickly sell into Market.

Whatever "forward looking" statements you use to seek buying for your company's stock keep message simple and credible. Try to focus upon statements that should result in greater demand for your shares within next few months.

There is an infrastructure of firms that can help you spread word about your "forward looking" statements. Be certain that you are dealing with reputable professionals and not with stock swindlers that are always aggressively courting you to use them to hype your shares. Be aware that investor relations' cost are never ending and a serious drain on your company's profits. If your public company hasn't a sound reason to pay to create a strong and sustainable share price, your company shouldn't be public.

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