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Showing posts with the label debt management

6 Simple Ways to Save Money at Home

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  With the economy being what it is, people are more conscious about their expenses. The last thing you want to be doing is spending money on things that are not essential. There are simple ways to save money at home, which can cut down your bills significantly. Use energy-efficient appliances If possible, buy energy-efficient appliances such as washing machines and dryers that have lower water and energy consumption levels. These will help save energy and thus money over time because they consume less electricity than their non-efficient counterparts do. Consider replacing your old refrigerator with an energy-efficient refrigerator. You may not be aware of the fact that your fridge is one of the biggest consumers of power in your home. An inefficient refrigerator can use up to 300 kWh per year, which is more than 10% of the total household energy bill. So, it is important to get an efficient one that uses less electricity and saves you money on your electricity bill. Use en

Is Debt Settlement an Alternative to Debt Consolidation Loans?

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When your financial situation is choked by debts, frustration kicks in and one goes with the next available debt relief option. A few minutes spent surfing the internet reveals that debt consolidation is one of the best debt relief options because it promises lower interest rates and a big sigh from multiple monthly debt payments. You will also come across debt settlement, which cuts off creditors’ incessant calls to you. However, these two operate very differently and if in a murky situation with no means of repaying debt, debt settlement will suffice. Debt consolidation A debt consolidation loan plan involves taking a big loan to pay off smaller debts at lower monthly interest rates. You’ll be expected to pay off one monthly bill. However, your income, stability, credit score, and security determine qualification. You should take a debt consolidation loan when looking for more affordable loan repayment terms as well easy management of payments and reduction in late

3 Tips To Overcome Debt In Your Schools

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More students are graduating in debt than ever before. The rising cost of college tuition has driven students to take out student loans in order to receive a college education. The debt that accumulates from these student loans will follow a student for years, and can create problems when a student applies for a loan. Image via Wikipedia