Tag: Debt

Evaluating Credit Card Debt Relief Options

You’re considering debt relief to get you out from under all those lingering credit card balances, but you aren’t sure which kind of relief is best for your situation. After all, there are key factors to consider for each option. Here is what you need to know when evaluating credit card debt relief options. What is Debt Relief? It depends. It could mean changes in your interest rate or payment …
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How Blockchain Is Changing Finance

Blockchain technology has been known to be what’s used on cryptocurrencies like Bitcoin. However, the use of this tech can actually go beyond that. Many other industries can easily benefit from using this technology like finance and banking. This technology is mainly keeping track of the transactions or trades that are made online. This could help promote transparency and trust between trading partners. For cryptocurrencies, this technology has made it …
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Ways To Deal With Overwhelming Debt

No matter how big or small is the debt, it can still be overwhelming regardless of your current financial situation. At times, you will feel that you need to do something to get out of debt. But this does not involve merely earning money. Specific strategies need to be done to pay off an insurmountable deficit. An overwhelming debt will have an impact on your health condition since it can …
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A Nation Living on Credit – Should We be Worried by Borrowing?

Never mind a nation of shopkeepers, as the old saying would have it, the British are now a nation of borrowers. The average household in the UK now has about $14,000 in debt – and that’s not even including the cost of their mortgage or student debt. Bank of England data also shows that personal debt shot up 10.8 per cent in the year to November 30 last year. Both figures …
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