Debt consolidation is simply defined in wikipedia as taking out one loan to pay off many others. One common example is paying off credit card debt which helps the debtor get a loan with lower interest rate or secure a fixed interest rate. So if you think that bankruptcy is your only way out, stop [...]

Are you down with the “get now, pay later” syndrome? These are some of the symptoms: you go shopping, see great clothes on sale. You do not need new ones, you just had a shopping spree last week, but you can’t resist the “30% off” tag so you charge it to your credit card. You [...]

I guess you can say that I am an expert when it comes to dealing with loans. In my life, I have probably already gone through everything that a person in financial crisis can possibly go through. Early on in my life, I had already experienced filing for bankruptcy when my first business [...]