So, you want to consolidate your credit card debt? I don’t blame you! If you are anything like the rest of the population living and breathing on this planet you are probably living under a mountain of debt that you know will take you the next 30 years to pay off. The worst part is that you are probably having trouble making even the minimum payment, so the thought of doing so for the next 30 years is probably more than a little disheartening, right?
Eat out less. Don’t go shopping on an empty stomach. Buying snacks on-the-run and impulsive supermarket purchases can increase your food bill by as much as 20% or more. It can also increase your waistline. If you work away from home, pack your lunch. It takes the same amount of time to prepare lunch at home as it does to stand in line at the food court or cafeteria. You’ll be surprised at how much extra cash will be in your wallet at the end of the week. If you make nutritional choices, your health will improve, as well.
This concept grew in stature with time and debt consolidation companies were introduced. Today, you can find several such companies in the world around you and most of these companies help Americans to get rid of credit card debt in the best possible way. Americans can now use the services of these companies to avoid damaging their credit ranking by not paying their debt on time. It is only because of the effectiveness of this option that you can see an overwhelming increase in the number of people consolidating their debt.
A bad credit auto loan refinance is a wise decision to make if you have a high interest car loan with huge monthly payments. Where do you go to get these refinance title loans Atlanta? Well, there are several places that can help you out.
The bottom-line is that your credit has nothing to do with how much or little money you make, but with how you manage your money. Whether you’re earning minimum wage and paying all of your bills on time or if you’re a millionaire paying those same bills on time you will have excellent credit.
The $44million loss does not seem much for the FDIC since it projected the next four years of US failures to cost $100billion. If that is only $25billion in cost and losses in 2009, from what source will the cash be derived? The Deposit Insurance Fund (DIF) shrank from a balance of $45billion in June 2008 to only $648million on August 7th, 2009. The FDIC has a $500billion credit line with the Treasury, but they sought pre-payment of premiums for three years from member banks as a better option to increase the fund balance by $45billion.
You may also like to consider the counseling services that most of the debt consolidation agencies/programs offer their clients. Often such counseling is free; however, even if it involves some fees, it would be a good idea to attend a few sessions. You will be surprised about the extent with which such classes can influence your life.