Debt Consolidation: 5 Facts and 5 Fibs

The concept of debt consolidation often confuse people unfamiliar with it. To clear the air, it’s important to start with the truth. The most obvious facts about debt consolidation are: Your debts are consolidated into one sum. You have only one bill to pay. ...

Debt is Cyclical

It was just the other day that I was reading about a friend of mine’s debt. He was talking about the upcoming expenses that he is likely to incur and how he is going to prepare for them, one of which was his monthly car payment. He is currently paying two car...

Staying Out of Debt with Insurance

While many people perceive financial despair and bankruptcy as a result of bad decisions, the truth of the matter is that many similar situations arise because people are not adequately covered in case of extreme situations. Whether it is a flood that is not covered...