What I really like about personal finance is that there are no straight forward answers. Each financial product has its pros and cons. While several people debate the usage of payday loans I think that sometimes, it could be a good *temporary* solution.
In order to have a clearer point of view on Payday Loans, I [...]
Consumer credit counseling has become very common these days and you don’t have to wait for your debts to pile up to get advice from a credit counselor. Even if you are apprehending that your finances may take a backseat in near future, you can take help of a credit counselor.
Credit counseling-get your finances back [...]
Whoa, this is a huge statement in this Monday morning! What am I thinking; attacking of the most popular personal finance guru; Dave Ramsey? Who am I to critic his way to pay off debts? Well, I’m simply a guy that don’t think the same way
While surfing Dave Ramsey website and [...]
So you have 3 credit cards totaling $8,500, a student loan of $3,400 and a line of credit showing a $7,600 balance. You just can’t keep up with all those bills and tend to forget to make your payment on time. You are also paying a very high interest charges on your credit [...]
We noticed this situation several times: we have an individual who had $10,000 on his credit cards, they are all maxed out but he still pays the minimum payment on time. He is now starting to have a hard time paying them off and goes to the bank for a personal loan in order to [...]