What Your Mama Never Told You About Debt Consolidation ServicesWritten by Mike McDowski
When someone is extremely deep in debt, and he or she has no other options to prevent bankruptcy, debt consolidation can be his or her savior. Debt consolidation can also be a very wise choice for someone who has many debts on high interest credit cards. Debt consolidation, quite simply, is process of taking loans and debts and bringing them into one low-interest loan that can be paid off over varying periods. This is a very good choice for many people because it saves them from having to file bankruptcy. Debt consolidation merely requires collateral (such as a home or vehicle) for interest rates to be lowered and customer to be on his or her way to debt free living. Most people understand basics of debt consolidation, however there are several dos and don’ts in world of consolidating debt. Most importantly, make sure you research company before you choose to consolidate your debt with it. Some companies will take advantage of unassuming consumers. Here are a few underhanded tricks unfavorable companies will employ when you are trying to consolidate your debt: 1. Some companies will take advantage of high interest loans, and benefit of consolidating those loans, by charging exceptionally high fees in debt consolidation loan. These fees can sometimes even be near state maximum for mortgage fees. Any company with fees that seem unnaturally high should not be your choice for debt consolidation. 2. Watch out for companies that wait until you are “backed into a corner.” Some companies will let a customer get further and further into debt until customer is forced to refinance. Someone who has put his or her house will be willing to refinance in order to save his or her collateral (again, usually home). The unscrupulous company will then charge an excessive refinancing fee.
| | The Traveller’s Insurance ChecklistWritten by Johnny Mangiante
Your trip is booked and all your reservations are made. The next thing on your "to do" list before you head off on that much deserved holiday is: Buy travel insurance. No doubt you have many questions that need answers before you can decide which travel insurance company best meets your needs - questions such as: What should travel insurance cover? How much should I be paying? Is there usually a deductible? You will be able to wade through many different travel insurance plans offered and find most suitable package for you and your family by asking insurance companies following pertinent questions: Questions - What is covered in plan?
- What is not covered in plan?
- Is there a deductible that must be paid for each claim?
- Does plan deny benefits for a pre-existing condition?
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