"There is a wisdom of the head, and a wisdom of the heart."Charles Dickens
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Bringing Debts into a Marriage
Are you a credit card junkie? Credit card debt can often be a big, deep, dark secret for someone preparing for marriage. It's an uncomfortable subject to talk about. Do you bring it up before or after he slips the engagement ring on your finger (or before ...
Student Credit Card Debt - How To Avoid It And Tips On Managing It
As new students head off to university and college each year they are presented with many challenges. Meeting new friends, encountering new ideas, and managing new responsibilities. Of these, perhaps it is managing money that is the most important. As a ...
Unsecured Debt Consolidation Loans - Debt Reduction Without Using Collateral
Eliminating debt is not an easy task. For this reason, many people carry high credit card balances for several years. Homeowners may take advantage of home equity loans or refinancing to reduce debts. In addition, persons with a vehicle title or ...
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1. If you are paying interest on your outstanding credit card balance, then you can save yourself all that interest you are giving to your credit card company by applying for another credit card that offers a 0% interest rate and transferring the balance from your existing card to your new one . Usually these 0% interest offers last for a set period of about 6 to 9 months and the money you save can be substantial. Be careful when selecting a new credit card to apply for as some of them now charge a balance transfer fee of around 2% of the balance transferred, so make sure you pick one that doesn't charge for doing a balance transfer. So that you can continue to pay no interest after this time, just apply for another 0% credit card from another credit card company at least a month before the first 0% offer expires, so you can switch the balance and not accrue any interest charges.
2. If you can't get a 0% balance transfer offer, then you can still apply for a card that has a lower interest rate than the one you are currently paying interest on and do a balance transfer to it. Of course if you already have another card with a lower balance transfer rate than your existing one, you can transfer the balance to that one, lowering your interest payments.
3. Another way you could save money on outstanding credit card debt is to simply ask your current credit card company if they would lower their rate for you. It is surprising to find that many of them will do this for you, especially if you tell them you are thinking of moving your balance to another card with a lower interest rate, they will most likely match the interest rate.
4. If you have several balances outstanding on several cards, then a good way to save money is to pay off the card with the highest interest rate first, which lowers the interest you pay overall.
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 New Star Swaps $354 Million Debt, Banks Get 75% Stake (Update1) - Bloomberg
Dec. 3 (Bloomberg) -- New Star Asset Management Plc , the fund manager started by John Duffield in 2000, said lenders will take control after its share price dropped 95 percent in three months. Banks led by HBOS Plc and Lloyds TSB Group Plc will ...
Bally Total Fitness again files for Chapter 11 - St. Louis Post-Dispatch
NEW YORK (AP) -- Bally Total Fitness Corp. filed for Chapter 11 bankruptcy protection on Wednesday for the second time in less than two years, hindered by debt and limited refinancing options amid the credit crunch. The Chicago-based gym operator ...
TransUnion: 3Q credit card delinquency rate rises - WTOP Radio
NEW YORK (AP) - The percentage of people who were delinquent on their credit card payments rose in the third quarter from the same time last year, while average debt per borrower jumped 7.7 percent, according to credit reporting agency TransUnion LLC ...
Chrysler's Press: Big 3 should study technology alliances - Detroit News
WASHINGTON -- Detroit's Big Three may be fierce rivals in the marketplace, but Chrysler LLC is advocating more cooperation among the U.S. automakers to reduce their costs and, more importantly, increase their global competitiveness. Chrysler ...
China currency issue heats up - ninemsn
A decline in the Chinese currency's value against the US dollar after months of hovering in a narrow range is threatening to bring the long-simmering issue to full boil as US-China economic talks get under way in Beijing. In Washington, US Treasury ...
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