How to Calculate your Debt to Income Ratio

Many people find it difficult to spend less than they earn. With so much laxity in the spending habit,it is no longer a long time debt would start to crawl into the life of such an individual. If adequate care is not taken, or the right tool used and at the right...

Debt Consolidation FAQ

Debt consolidation is the simple act of taking a single loan to pay off multiple debts. Debt consolidation becomes an option when one is faced with multiple debts with “unfavorable” interest rates. Financial experts would then advise the party to go for...

Debt Repayment – Is Bankruptcy Your Only Option?

Are you really eager to pay off your debts? Are you already considering bankruptcy? Bankruptcy is always the last option in any financial situation. This solution only becomes a choice when all other means have failed; a financial expert or counselor would then advise...