Amazingly Me

How I wish I could say that  I am going to be free of all my debts next year, but that would not be true for me. I have been wanting to heed professional debt advice because I am worried about how fast my credits are rising. All my credit card bills are still far from getting settled and I know I am going to bring all of them to the coming year. So as much as possible I want to make a new year's resolution which is to avoid, as much as possible, adding new debts to my already piled up debt list. I am going to concentrate on paying my old debts, change my spending habits. I will be willing to do everything to change my financial status.  

I hope all of those out there who are like me will do the same. Merry Christmas and Happy New Year everyone!

I used to have three credit cards, now I don't even have one. It's been two years since I decided to give them all up but until now I am still paying for my debts. I decided to cut-off all my cards because I started noticing that my monthly dues are going up but my debt is rising with it. I have problems controlling my credit card usage so might as well live without it. It was two years ago when I decided to take on the debt elimination mission. For the first few months I felt I was losing the war, I lack the skills and the strategies that could help me win the battle. That's when I decided to seek professional help and help was what I received. I stumbled upon Dave Ramsey, a financial guru who wrote 15 pieces of advice to help people like me who wants to completely erase most if not all of my debts. Following Dave Ramsey's advice indeed helped me in my struggle.

Furthermore I continued to educate myself, I figured getting myself out of my current situation is not the end. I should make sure that I understand what I am paying for and who to pay it to. I learned about creditor"s and debtor's rights, as well as the role of collection agencies that are considered as "third-party" collectors hired by creditors themselves. I also learned that before paying these agencies you should clear things with them and should ask for proper documentations during each payment.

After these experience I am hoping to fully erase all my debts very soon and never get myself into the same trouble ever again.

How important is a company's or individual's record of past borrowing and repaying, late payments and bankruptcy or in short its "credit reputation? If you are a company or an individual who wants to apply for bank loan or credit card it is very much important. The back and loan companies would be able to assess your "credit worthiness" through your credit history. It is also very essential that you yourself knows about your own credit history. Lenders would like to see a creditor who pays his dues on time. The credit history as well as running credit score of a debtor will also help in determining your credit rating whether high or low. Running credit score will

Aside from simply being informed it is also important to know your credit history to help protect yourself from being victimized identity thieves. Identity thieves are people who pretend to be someone else in order to steal money or get other benefits. Once there is an unauthorized charge under one of your credit card or transactions done under your name which you have not given permission be very wary. This fats can only be detected if you check your credit history regularly.

Now you can get free credit score and credit report on line at totally free credit report.

It is always best that before venturing into anything you get educated first to know the ins and outs of any transaction. When getting loans and applying for credit cards more often then agent will just tell you about how get approved and how to use it, but they will not teach how to manage your debts and the proper ways to get out of billing troubles.

But there are groups of people and companies today that are there to help each creditor. They will educate you about debt consolidation, help you manage medical bill debt, suggest possible solutions like government debt help.

Getting yourself out of debt trouble will be made a lot more easy when you seek professional help. Sometimes we feel like we can handle it on our own only to find ourselves sinking even deeper. So as early as possible, ones you notice you can handle you bills no more do not hesitate to contact the proper people to enlighten and make your loads lighter. 3debtconsolidation.com is one of the companies you can get information about debt consolidation and debt related issues. Their services varies from debt education to tips on how to get yourself from your credit troubles. For more information you can log on to their website http://www.3debtconsolidation.com/

Lately I have been battling with my personal debts, its catching up with me. Despite all the bonuses and other compensations I received from the company I worked for it is still not enough to settle all my bills. I'm faced with this same problem for over two years now, I have been paying religiously every month but the interest rates are killing me. Instead my debts ballooned to more than what I originally owed the companies. Got to find a solution fast because if not it I might keep on paying the credit card companies my whole life and I don't want that to happened.

Good thing my cousin who had the same problem before learned about what I am going through, she shared with me a very effective debt settlement scheme. She told me about www.billconsolidation.net, a non-profit, credit counselling agency. She sought their help during the time when she almost filed for bankruptcy, a step which the counsellors told her were not necessary during that time. She was advised to undergo loan modification, she was asked to consolidate all her loans. She then put all her loans into one, choosing one with smaller interest rates compared to the ones she usually gets when the loans were separate. Less than a year later she was debt free.

What a relief, after a long time of suffering from unmanageable bills I have actually found a very sound solution which actually works. This would definitely start my year right, I am hoping to settle everything as soon as possible.