Debt Consolidation and Management

Failed talks to delay telco’s debt paring

Debt Help — Wed, 08 Sep 2010 09:11:29 +0000

Failed talks to delay telco’s debt paring
Reliance Communications and GTL today called off talks for a $11-billion deal to merge both their telecom tower assets. The independent tower company thus formed would have had over 80,000 towers across the country.

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Does consolidating credit card debt lower my credit score? I?

Debt Help — Wed, 08 Sep 2010 06:47:35 +0000

I want to start paying off my debt from college, now have been graduated and working as a nurse I make more than 2x what I use to make while in college and am ready to pay all this stuff off and I’m getting all these letters saying my APR is going up! I have 6 credit card that equal $11,000 that range from 15%-26.9% in intrest. I have always taken care of my credit and I have been told I have an ” emaculate” credit score. Will consolidating all my credit cards except one which is at 9% APR, for 9.5% intrest over 60 months bring down my credit score down and affect my ability to buy a home or qualify for future credit?

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I’m having credit card debt and behind on mortgage payments.?

Debt Help — Wed, 08 Sep 2010 06:27:49 +0000

My debt is big and the last thing I want is to lose my house where I live with my kids. I don’t want to file for bankruptcy either. Does anybody know a counseling place to consolidate my debt and be able to pay what I owe??? Thanks!!

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How can I legally repair my credit?

Debt Help — Wed, 08 Sep 2010 05:25:01 +0000

I have very bad credit. At least 3000 dollars worth of credit card and doctors bills. I am wanting to pay this off, and try to rebuild my credit. After everything is paid off, how long before the creditors(actually collection agencies in my case) take the points of of your credit, and do they even do this? Will it really help if I pay it off, or am I doomed? I want to buy a new house, new car, and get a credit card, but I cant ( even though I make good money) before I get married- which should be soon. I see creit repair agencies and debt consolidators, but have heard they make matters worse. I would like to pay off my debts, but if it doesnt help my credit score-I feel like I could spend the money on other things.( I am a single mother, while I make good money-I dont have it to throw around). Does anyone know what I should do?
I would like to add, that I do not have a large amount of credit card debt-it is very small.Most of my debt is medical.I also am not in any way saying that I make a great deal of money- but it is a very good amount for my age and experience. I can afford to make PAYMENTS on these items posted to my credit, but as of this moment ( holidays and all) I cannot pay them off- all at once. Would my credit report list who I should pay in specific ? I doubt very seriously that I have marks against my credit that are false, but if so it is worth a try to send them the correct info. Thanks for all of your help !Keep the great answers coming! I am taking notes!

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Recommend low interest student loan consolidation companies?

Debt Help — Wed, 08 Sep 2010 03:22:49 +0000

Like most college grads, I have a ton of students loans to pay back! The interests currently are pretty high. Please recommend a good loans consolidation company. Thank you much in advance!

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Petry Kelley M PA Tampa, FL

Debt Help — Wed, 08 Sep 2010 02:27:51 +0000

Petry Kelley M PA Tampa, FL www.superpages.com Supermedia, Attorneys , Bankruptcy , Bankruptcy Asset Laws , Bankruptcy Counseling , Bankruptcy Filing , Chapter 11 Bankruptcies , Chapter 7 Bankruptcies , Consultations , Consumer Bankruptcy , Debt Consolidation , Debt Counseling , Debt Problems…

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Without claiming bankruptcy, are there other kinds of help with credit card debt?

Debt Help — Tue, 07 Sep 2010 22:30:31 +0000

Besides credit counseling services.

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Colm McCarthy (part 1) on Pensions and Debt Management

Debt Help — Tue, 07 Sep 2010 21:14:49 +0000

(part 1) Colm McCarthy of UCD at the Trinity College Dublin ‘Economic Crisis Conference’ on the 20th of May 2009. at the JM Synge Lecture Theatre (Room 2039), Arts Building. His talk was about Pensions and Debt Management Slides to the conference can be found at the irish economy website here: www.irisheconomy.ie all the slides from the day are available here: www.irisheconomy.ie The conference agenda and speakers were as follows: Jim O’Brien, Second Secretary General, Department of Finance chaired the first half 1st speaker: John Fitzgerald of the ESRI on Competitiveness in Ireland and price levels 2nd Speaker: Karl Whelan of TCD ‘Potential output & the structural deficit’ 3rd Speaker: Brian Nolan of UCD on Equality. John McHale of NUI Galway (formerly of Queens University Canada) Chared the second half. 1st Speaker: Colm McCarthy of UCD ‘Irish Pension policy and debt management’. 2nd Speaker: Philip Lane of TCD ‘Current challenges for the Irish Economy’. 3rd Speaker: Patrick Honohan of TCD on Banks. Filmed by karl deeter of irish mortgage brokers www.mortgtagebrokers.ie with permission by Philip Lane and Patrick Honohan of TCD.

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please pleaseee help with Consumer Math B Final!! I need this grade!! please!!! part 1?

Debt Help — Tue, 07 Sep 2010 20:34:07 +0000

1. What type of reports do Equifax, TransUnion, and Experian produce?

(1 point)
income studies
credit reports
crime rate statistics
bankruptcy filings
2. How long does a negative notation on your credit report last? (1 point)
one year
ten years
seven years
forever
3. When buying or selling a used car, what’s the best resource on finding an accurate price? (1 point)
Cheryl Red Book
Kelley Blue Book
Paul Pink Book
Newspaper Advertisements
4. If you drive more than 15,000 miles each year, you should lease a car instead of buying one. (1 point)
True
False
5. 401-K’s and IRA’s are examples of what? (1 point)
Debt Consolidators
Stock Markets
Retirement Accounts
Checking Accounts
6. What type of insurance pays you a monthly cash benefit in the event you’re injured and cannot work? (1 point)
Automobile Insurance
Long Term Care Insurance
Disability Insurance
Life Insurance
7. Your annual household income is a part of your credit score calculation. (1 point)
True
False
8. A credit card is an example of what kind of credit: (1 point)
Deferred
Revolving
Interest-Free
Recurring
9. If you have a low credit score, you’ll pay more for insurance. (1 point)
True
False
10. An individual who prefers high risk investments with a (possibly) high-reward is called: (1 point)
Risk-finding
Risk-taking
Risk-seeking
Risk-searching
11. Wealthy people and companies that invest money in startup companies in exchange for a large share of future profits are called what? (1 point)
Venture capitalists
Loan sharks
Loan officers
Risk-averse
12. When someone prefers to invest and participate in the founding of new companies instead of investing in savings instruments or the stock market they would be called what? (1 point)
Risk-averse
Entrepreneurial
Unilateral
Risk-finding
13. What federal program makes sure your bank deposits are never lost due to bank bankruptcy? (1 point)
The Federal Deposit Insurance Corporation
The World Bank
The Securities and Exchange Commission
The Federal Reserve Bank
14. What is the single best way to increase your long-term income? (1 point)
receive a promotion
receive a merit pay increase
increase your educational level
invest in startup companies
15. What is the best way to decrease your expenses? (1 point)
pay down any outstanding credit cards
get a smaller apartment/house
sell your automobile
diversify
16. Which of the following expenses would be considered discretionary expenses? (1 point)
rent
electricity
credit card payments
magazine subscriptions
17. When an asset (something of value) is always connected to the ground and cannot move – it is called what? (1 point)
Liquidated
Real Property
Collateral
Real Estate
18. Expenses such as electricity, telephone service, and water service are called what? (1 point)
Bills
Debt
Utilities
Revolving Credit
19. The money you pay to an insurance company to insure your property or asset is called what? (1 point)
An insurance premium
An insurance deductible
An insurance payment
Insurance coverage
20. When an asset (something of value) such as an automobile or home is voluntarily sold for cash, it would be considered what? (1 point)
Refinanced
Liquidated
Collateral
Repossessed
21. Documentation from an insurance company that states what item or property is insured and the amount that you will receive if the property is destroyed is called what?

(1 point)
An insurance premium
An insurance declaration
An insurance policy
An insurance deductible
22. An Emergency fund should be made up of what? (1 point)
Real property
Savings instruments
Stock
Cash Only
23. The amount of money you’re likely to make in a lifetime is called what? (1 point)
tax bracket
income potential
taxable income
equity
24. When inflation is high, on a daily basis the money in your pocket becomes what? (1 point)
Worth more
Worth less
Liquidated
Discretionary spending
25. A numerical comparison between two figures is called what? (1 point)
a ratio
a percentage
a sum
a difference

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Will credit counseling companies ruin your credit? And can you get a mortgage if you are paying back? – HELP!?

Debt Help — Tue, 07 Sep 2010 18:31:24 +0000

Help! I have 35,0000 in credit card debt and I am trying to figure out what to do.

If I use a credit counseling company, will it ruin me?
If I use one of those companies, can I get a car loan or a mortgage if I need to during the time I am paying back my debt????