Strategy To Eliminate Credit Card Debt

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Manage Debt Before It Manages You!

FP | March 21, 2009

With low interest rates and today’s consumer-driven mentality Canadians have taken to borrowing like never before. We are bombarded with advertisements when we watch TV, listen to the radio or surf the Internet. Companies spend millions in research to determine how we think, shop, and live- our everyday choices at the mall or grocery store [...]

Category: Debt Elimination, Debt consolidation, How to get out of debt | No Comments »
Tags: How to get out of debt, How to neogtiate with creditors, Manage Debt, Steps to financial independence, Strategy to eliminate credit card debt

Debt Consolidation vs. Debt Elimination

FP | March 16, 2009

Before I go into more details about what’s the difference between debt consolidation and debt elimination I would like to get to the core of the problem. Some facts about debt: The debt-to-income ratio in the second quarter of 2008 continued to climb, reaching 130.9%. Now this is dumb! But what does this mean? For [...]

Category: Debt Elimination, Debt consolidation | No Comments »
Tags: Credit Cards, Debt, Debt consolidation, Debt Elimination, How to get out of debt, Strategy to eliminate credit card debt