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Monday 11th of October 2004  
Home level Articles level Article Debt consolidation - Page 5

Article Debt consolidation - Page 5

Debt consolidation care covers some of the valuable and informative articles which aware the common mass of people in the their daily financial dealings. 

This page contains articles related to credit card and debt consolidation. It also covers student loans,mortgage and truth behind bankruptcy (previous) (next)


Tips for mortgage
Debt consolidation care will provide some useful tips and tricks necessary to deal with the finances but before that let us focus on some of the facts. It is a fact to know that the interest on the average home mortgage will cost the homeowner nearly 2 times the cost of the home. With a small example we will make that clear,If you were to purchase a $100,000 home with a $80,000 mortgage (80%), and you paid an interest rate of 9% for 30 years, you will have paid over $151,666 just in interest (in addition to the original $80,000). That's nearly two times the cost of the home. Some people ignore to calculate that but it will be wise enough to think about it.

Avoid credit card traps
Read all of the fine print. If you are not clear on something, ask someone else what they think it means. Ask an attorney friend, CPA (certified public accountant), financial planner, banker or other person in the financial industry. always mail your payment at least 7 days before it is due. Or try paying through the Internet. Many companies now offer that payment method. It can also save you time and stamps.

Save dollars on mortgage
It is strange to notice that interest on the average home mortgage will cost the homeowner nearly two times the cost of the home. With a small example we will make that clear,If you were to purchase a $100,000 home with a $80,000 mortgage (80%), and you paid an interest rate of 9% for 30 years, you will have paid over $151,666 just in interest (in addition to the original $80,000). That's nearly two times the cost of the home. Some people ignore to calculate it but it is a thought that requires due consideration.

Student loan
In 2002, a large number of average public school student left the college with an amount of $17,000 in student loan debt, and the average private school student left the college with an amount of $21,200 in student loan debt. With undergraduate student loan debt steadily increasing in recent years, the U.S. Department of Education and other higher-education institutions have contracted with private collection agencies to collect delinquent student loans. Financial aid or a student loan covers the education costs that you can't pay for. Most financial aid is awarded to families on the basis of eligibility or need, which is determined by the school you attend. This is based on information you provide about yourself and your family's ability to pay for your education costs and formulas set by law for a student loan.
Online debt consolidation
Now is the era of getting everything online. Every problem in this world has a solution, the solution may not be easy sometimes. In the present era, most of the US citizens suffer from one common problem, the debt problem. Once a person is in deep waters he needs experts to help him. Debt consolidation works in a bit different way, we not only can help to get rid of your debts but we also reveal the truth behind many concepts like debt consolidation, debt management, bankruptcy and many other topics related to debt. Once you are aware of all the ways, you can easily take a decision, which is best for you. No doubt, our experts will help you in every step you take, as we feel you are our responsibility.
Debt consolidation program
Debt consolidation care offers debt consolidation program which can make you debt free through your dedication. Many consumers' nowadays are overwhelmed by the amount of unsecured debt they have accumulated. Its just like a whirlwind where you feel forced into a cycle of incurring more and more credit card debts just to keep your globe moving. But more you try to get out of this more you are into it. All this debt can easily take away all your joy and happiness, they can overwhelm your family. This is a small killer in the family. Many consumers have questions regarding debt consolidation as they owe their creditors thousands of dollars. They lament for all the mistakes they had done. We, at Debt Consolidation care never leave our consumers alone at any point of time. We provide them with all the necessary piece of information and sincere advice that is required at any point of time. Some clients carry loan and credit card debts with balances, which varies from $10,000 to $2,00,000".
Debt consolidation services
When you are heavy laden with debt or when you don't see any hope of survival, you need a debt consolidation service. Debt consolidation services are to help the debt struck people. When a person is under the debt mountain, he has two pathways, one goes towards bankruptcy and the other leads to debt consolidation. The consumers can make a sensible choice of their own to come out of the debt struck life.
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