Not so long ago, our new daughter lead her new dad up a wide staircase to the place she had called home only days before: a dreary, sixth floor wing devoted to children with special needs. Our little girl toddled excitedly in the direction of her old crib, which was aligned like a freight car in a crowded depot. There my daughters tiny bunkmate lay swaddled and almost invisible in the grey light. She gazed upwards in searching, wordless farewell,...more
Although we live in this world, the Bible tells us in Romans 12:2 that we should not conform to the ways of the world. As Christians, we are held to different standards, higher standards.Are we useless?If our actions are not aligned with what God wants, we are considered unfit and useless to Him (Titus 1:16). Can you imagine being told that you are useless? We are all made for a purpose. Each of our purposes is unique. That means that no one...more
Debt settlement program settle credit card debt and other unsecured debt for the customers and helps them to lead a debt free life. It has been seen that settlement companies not only negotiate the interest rate at which the debt has to be paid but also the actual debt bill is reduced remarkably by 40-60%. Settlement services are a wise decision taken by the customers to lead a hassle free life.Settlement services involve negotiation with the creditor that reduces a percentage of the debt. The agreed amount is paid by the customer within a specified period and such payment is reported in the credit record of the customer. This helps in the re-building of the credit report which is stronger and more stable.The complex situation for the customer is to locate a good company which will help the customer becoming debt free.A good company should have good credentials to speak in its favor. A customer can find out how creditable the company is from the better business bureau. The customer can ask the company to provide referrals to check from. Asking friends and relatives and shopping around to check the background is also a good idea.The company should be able to negotiate well with the...more
In the current financial situation of America the companies are looking forward to the bailout packages sanctioned by the American government. People have currently lost jobs and living off their savings. The next set of people who have jobs have faced job cuts and are unable to make their ends meet.Due to a major cash crunch people resorted to...more
When facing bankruptcy, most people prefer to negotiate with creditors and reach a settlement of their debts. But this can have both positive and negative effects on your financial health. Although an attractive option, debt settlement has its own set of pros and cons.The most attractive and important result of opting for debt settlement is that...more
Some financial experts say that the current recession in the economy is more serious and dangerous than the depression of the 1930s. A lot of individuals and businesses took large loans and risks believing that good times would last forever. Suddenly they found themselves on the verge of financial ruin. The inability of the debtors to repay loans threatened the existence of many money lending institutions and credit card companies. If a large number of borrowers filed for bankruptcy, the creditors would lose every chance of getting their money back.This is when the Obama government stepped in to help the financial institutions. The government gave relief to financial institutions in the form of stimulus money. This money saved the financial institutions from the danger of bankruptcy. Once the fear of bankruptcy was eliminated, they did not resort to aggressive tactics to recover money from the debtors. In fact they tried their best to help debtors to get debt negotiation and debt settlement solutions.This was a huge relief to the common consumers who depended heavily on loans and credit cards. The financial benefit that the lending institutions and credit card companies got in the...more
In the face of financial ruin and bankruptcy, most people feel helpless. Not having any formal financial training they do not know what to do to avoid financial disaster. But nowadays there is a popular and easy solution for debt management, in the...more
Nowadays, in any industry the relationship between small and big firms is mutually beneficial. Neither of them can exist without the other. The same applies to financial institutions as well. Large money lending institutions and credit card companies...more
Most of us are not properly aware about how to manage finances. Where most people go wrong is credit management. Due to wrong credit management people often end up in difficult financial situations. There are many other reasons why a person may find...more
People are falling in despair because they are up to their eyes in debt and do not pay how to pay it out. In a desperate attempt to come out of the situation people tend to commit mistake which further enhances the problem. People start borrowing...more
The financially ailing citizens of America have been looking upwards towards the government to get out of debt. The major debts which have been worrying individuals are:1. Credit card debts2. MortgageCredit card debt being an unsecured debt has...more
Many of the major media outlets are reporting every day about the demise of the dollar. And so many of them are also simultaneously reporting about economic stimuli and potential tax increases coming out of Washington. What most of these outlets fail...more