Amazines Free Article Archive
www.amazines.com - Tuesday, January 28, 2020
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133326)
 Advice (160999)
 Affiliate Programs (34736)
 Art and Culture (73699)
 Automotive (145681)
 Blogs (75068)
 Boating (9841)
 Books (17218)
 Buddhism (4125)
 Business (1328662)
 Business News (426323)
 Business Opportunities (366272)
 Camping (10962)
 Career (72737)
 Christianity (15846)
 Collecting (11637)
 Communication (115053)
 Computers (241955)
 Construction (38999)
 Consumer (49681)
 Cooking (17061)
 Copywriting (6568)
 Crafts (18205)
 Cuisine (7539)
 Current Affairs (20394)
 Dating (45784)
 EBooks (19687)
 E-Commerce (48205)
 Education (185263)
 Electronics (83503)
 Email (6395)
 Entertainment (159846)
 Environment (28938)
 Ezine (3039)
 Ezine Publishing (5446)
 Ezine Sites (1550)
 Family & Parenting (110901)
 Fashion & Cosmetics (196392)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310292)
 Fitness (106205)
 Food & Beverages (62874)
 Free Web Resources (7938)
 Gambling (30229)
 Gardening (25112)
 Government (10514)
 Health (629637)
 Hinduism (2205)
 Hobbies (44047)
 Home Business (91561)
 Home Improvement (251375)
 Home Repair (46146)
 Humor (4825)
 Import - Export (5453)
 Insurance (45130)
 Interior Design (29560)
 International Property (3485)
 Internet (190991)
 Internet Marketing (146347)
 Investment (22826)
 Islam (1167)
 Judaism (1356)
 Law (80520)
 Link Popularity (4592)
 Manufacturing (20842)
 Marketing (98791)
 MLM (14136)
 Motivation (18213)
 Music (27005)
 New to the Internet (9480)
 Non-Profit Organizations (4048)
 Online Shopping (129617)
 Organizing (7803)
 Party Ideas (11856)
 Pets (38079)
 Poetry (2234)
 Press Release (12676)
 Public Speaking (5618)
 Publishing (7523)
 Quotes (2407)
 Real Estate (126633)
 Recreation & Leisure (95294)
 Relationships (87564)
 Research (16159)
 Sales (80325)
 Science & Technology (110227)
 Search Engines (23462)
 Self Improvement (153103)
 Seniors (6233)
 Sexuality (35943)
 Small Business (49288)
 Software (82996)
 Spiritual (23468)
 Sports (116088)
 Tax (7658)
 Telecommuting (34068)
 Travel & Tourism (307504)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11728)
 Website Design (56833)
 Website Promotion (36575)
 World News (1000+)
 Writing (35776)
Author Spotlight
ELLIOT CHANG

Financial analyst and author writing on economy and business. ...more
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more
JIM TURNER

Jim Turner is a USA based author of Legal issues related to estate planning, will & trust , busyness...more
KHEHLLEYZH PHUN

In regards to earning money online, everybody wishes to, and everybody strives to, but not many end ...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more


Getting Your Finances Under Control With Debt Consolidation by Jon Arnold





Article Author Biography
Getting Your Finances Under Control With Debt Consolidation by
Article Posted: 04/15/2008
Article Views: 157
Articles Written: 781
Word Count: 661
Article Votes: 0
AddThis Social Bookmark Button

Getting Your Finances Under Control With Debt Consolidation


 
Finance & Investment
Many people seem to enjoy living beyond their means. Based on their income and assets, their standard of living would be comfortable "here" but they move it up a few clicks so that their standard of living is actually practiced at a higher level. Much of this is done using credit and depending on the "future money concept", where they are counting on that next paycheck to keep creditors pacified.

Retailers are far too anxious to take advantage of this mentality by promoting the "buy now pay later" program. Far too many people are taken to the cleaners in their haste for instant gratification, and figure that the money to pay for it will suddenly appear in a cloud of smoke before the bill is actually due on those purchases.

Even the credit card companies get into the act by encouraging you to put anything from a pack of gum or cigarettes to groceries to new cars on your credit card, and just to sweeten the deal, they will even give you frequent flyer miles. How many consumers actually do the real math behind this to find out that a free ticket on an airline redeemed this way would cost about TWICE as much as if you had called the airline and offered to pay full non-discounted fares anyway?

So what inevitably happens is that the consumer gets into financial trouble. There is no way around it. If your income level is "x" dollars and the lifestyle you are trying to lead is costing you "x" times two, it is only a matter of time before your house of cards starts to crumble.

There are multiple ways around the problem, and the first one is to adjust your lifestyle to agree with your income, which will prevent the problem from happening in the future. But if you are already in trouble, what can you do? You can get a personal loan, but in reality, that is only going to delay the inevitable and buy you a bit of time, and when that time comes, you'll just have one more debt to deal with in addition to the others.

You could file for bankruptcy, but for the vast majority of people, that is similar to extinguishing a match with a fire hose. In other words, it's overkill. Why do something with such long term negative effects on so many facets of your life, and which will remain as a huge blemish on your credit report for the next 7 to 10 years?

The consumer in this situation should consider debt consolidation. This is not bankruptcy nor is it a loan. It is not even credit counseling, although some debt consolidation companies do offer such a service. You turn your finances over to the debt consolidation company and they make the payments to your creditors every month. But they do this from the monthly payment that you make to them, and if you don't pay them, then they of course do not pay your creditors, which starts the cycle all over again.

A huge advantage of using debt consolidation is that it gives you some financial breathing room while you get your financial act in order. If you were paying out, for example, $3000 a month in bill payments, you could easily see that monthly outlay reduced to say $1500 a month with a debt consolidation agency, since they work with your creditors to reduce the interest rate and sometimes even eliminate late fees.

Debt consolidation does not have the tremendous long term negative effects of bankruptcy, but can provide you with some time to get things straightened out without breaking the bank in the process. This service is available almost anywhere and is definitely one that should be considered if you are in this situation. For more insights and additional information about Debt Consolidation as well as getting a debt consolidation quote online, please visit our web site at http://www.debtconsolidationstrategies.com

Related Articles - debt consolidation, bill consolidation, credit consolidation,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
KIRAN KAUR

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more
STEVE BURGESS

Steve Burgess is a freelance technology writer, a practicing computer forensics specialist as the pr...more
JOANNA MORGAN

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license