Dwindling Debt

dwindling debt down to ...nothing!

Turning Distressed Credit Into Financial Gain

February 7, 2013 by admin

Distressed credit or “distressed debt” is the debt owed by a business that is close to or already has declared bankruptcy or that has already gone out of business. These lines of credit or small businesses can be bought by investors to keep the lines of credit or the business itself open in spite of […]

Filed Under: Debt

The Best Way to Get out of Debt is to Never Get In It

January 6, 2013 by admin

I’ve heard about the perils of debt since I was a child, my parents made it sound like a big ugly mythical monster.  Then as I got older I realized that debt was big and ugly, it just wasn’t mythical.  Falling into the trappings of debt is such an easy thing to do.  My first […]

Filed Under: Debt

How to Use Your Credit Card the Right Way

December 31, 2012 by admin

Credit cards can be great things when it comes to making big purchases, budgeting your expenses relative to your income and assets, or even just making those every day purchases from gasoline to groceries. Having a credit card can help you build much needed credit as you get older, as well as give you the […]

Filed Under: Credit, Debt

How to Manage Money in College

December 25, 2012 by admin

College is a fun time, as well as a time of opportunity. From learning, to living, to relationships, it provides the opportunity for young people to grow up and learn how to become functioning, healthy adults. In addition to all those benefits of college, the school years can also teach a young adult how to […]

Filed Under: Budget, Credit, Debt

Reduce Debt Yourself

December 11, 2012 by admin

Some consumers believe that in order to reduce their debt, they must go to a professional. The truth is, anyone can pay off their debts with hard work and dedication. You have to commit to getting rid of your debt and make every effort to do so. It may take several years—depending on the size […]

Filed Under: Credit, Debt, Savings

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