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Learn to manage your finances today, and avoid future debt.



Many of us have too much debt, and we want to reduce or eliminate it.  Others use debt responsibly, for example for a mortgage on a house. However, if you are feeling financially stressed, then you likely have too much debt.

Why is debt difficult to deal with?  It is partly due to interest, which is the cost of borrowing money.  Banks and other financial institutions lend money, and in return the individual that borrows the money pays interest.  The rate that individuals pay varies depending upon their credit worthiness and the type of debt.  For example, credit cards charge some of the highest interest rates, 8%, 10%, 18% or more.

Here we include information on credit and debt. Along with learning about credit and debt, we also include teaching material to help teach debt related money skills.











Introduction to Managing your Debt
Introduction and advice on what we should use debt for, and how to properly manage debt.

Help Getting Our of Debt
If you are having trouble with too much debt, then here is some advice and help on where to go for debt reduction, free credit counseling, and debt elimination.

Easy to Implement Debt Management Tips
One of the more effective ways to avoid future debt is to learn to manage your finances today.  Here are 5 simple and easy to implement debt management tips.

4 Steps to Eliminate Debt
A practical plan to help eliminate debt, and stay out of the red.

Using Credit Wisely
Learn why we have such poor credit habits, and what we can do to use credit wisely.

What is Debt Consolidation?
We often hear about debt consolidation, but what is it exactly?  Here is some basic information on debt consolidation, and if it is right for you.

The Role of a Debt Counselor in Debt Management Programs
Seeking a consultation with a debt or credit counselor is often recommended for helping combat your debt management concerns.

Creating a Debt List
Learn about creating a debt list -- a list of anything you owe others -- for helping you manage your debt.

Repairing your impaired Credit
Information on repairing bad or impaired credit.

Protect Yourself From Identity Theft

The first step to preventing financial losses that occur through identity theft is to understand how it happens.

Does Debt Consolidation Make Sense?

Consumers of today are frequently faced with difficult choices concerning their financial responsibilities, and debt consolidation.

Repairing Your Bad Credit Record

It is quite possible to repair a bad credit record, though there are no quick-fix solutions, and promises of instant credit repair should be viewed with suspicion.

Understanding Credit

Credit can be a supportive and beneficial means to financial security, provided it is not abused.

Who Should Apply for a Personal High Risk Loan?

Special personal loans with certain conditions attached are usually available for consumers who require credit, but are considered high risk by banks and other financial institutions.

A Secured Loan is an Insured Loan

Many financial institutions require some form of collateral or security before extending credit to new clients.


Protecting Yourself From Identity Theft

The problem of Identity Theft has become an ever increasing crisis in the 21st Century making it more important than ever to protect yourself from this type of unscrupulous criminal.





Reducing Credit Card Debt
It is all too common for people to overspend on their credit cards. Here are some tips and advice for reducing credit card debt.

Credit Card Debt -- Picking the best Credit Card
Your choice of credit cards can have a large impact on your debt load.  Here is some help on picking the best credit card.

Useful Tips when considering Student Credit Cards
Student credit cards can either pave the way for a bright financial future, or end in financial disaster.  Here are some tips if you are considering choosing a student credit card.

5 Reasons you may want to Consolidate your Credit Card Debt
Credit card debt is expensive, because of the high interest rates credit card companies charge.  You may be able to save money by consolidating your credit card debt.
  Here are 5 reasons why you may want to consider consolidating your credit card debt.

Federal Protections for Credit Card Users
Understand your Federal protections for consumer credit card holders.

"Goodbye" to your Credit Card Debt
Credit card debt elimination plan to take back control of your well-being.

Using Credit Cards
Advantages and disadvantages of using credit cards.


Finding the Best Credit Card Offer

Information on finding the best credit card offer.





Credit Report Basics
Here is some basic information regarding the credit report, which includes your credit history and credit score.  Understanding the report is important, since the report will influence your ability to get new credit, and how much interest you will pay.

5 Ways to Repair your Bad Credit Rating
If you are in debt because your have spent too much with your credit cards, or because you have taken out too many loans to pay for your lifestyle, then your credit rating is likely in need of help.  Here are some tips for repairing your bad credit rating, and getting back to spending within your means.

Credit Reporting Agencies
about the credit reporting agencies, credit scoring, and FICO.

Six Steps to Fix Errors on your Credit Report
Advice on how to fix errors on your credit report.

Crafting a Letter for Improved Credit
Tips on writing a letter to help repair your credit score.

What's your Credit Score?
Understand your credit score for applying and qualifying for a mortgage loan.

The Fair Credit Reporting Act

The Fair Credit Reporting Act is monitored and enforced by the Federal Trade Commission.



What Zero Percent Financing Really Means
Zero percent financing sounds good -- you get something now and don't have to pay for many months later.  However, be sure to read the fine print.  Here is information on what zero percent financing really means.





Applying for Student Loans
When it comes to applying for student loans, be sure to educate yourself first.  Here is some advice and recommended steps for applying for student loans.

Information on Direct Loans for Students
Information on direct government student loans provided by the Department of Education, and Federal Student Aid (FSA) loan programs. Learn about the different types of student loans available.


Paying for College with Student Loans

Many students who would like to continue their formal education after high school simply cannot afford it. Student loans is a possible solution.


The Problem of Unpaid Student Loans

Many students find that their plans do not materialize in the way they had predicted, and a number of unforeseen circumstances can prevent them from doing so.


Options for Paying for College: Loans and Grants to Consider

Paying for college is stressful in any situation, but with economic hard times facing many people, it becomes even more important to look for options that can help you to get your college student through school, or help you to pay for your own schooling costs.




Filing Chapter 7 Bankruptcy
Filing chapter 7 bankruptcy should be done only as a last resort.


Life After Bankruptcy
Bankruptcy can be a devastating processes.  Here is some advice for getting your finances back in order after filing for bankruptcy.


Information about Bankruptcy Laws
Learn about the 2005 federal bankruptcy laws.


How to Choose a Bankruptcy Attorney
Steps for choosing a bankruptcy attorney.




Knowing your Debt Relief Options in Law
If you are over your head in debt, b
efore filing personal bankruptcy, first understand what your debt relief options are.


The Pros and Cons of Making Yourself Bankrupt - Chapter 7
List of pros and cons as to why you may wish to consider chapter 7 bankruptcy proceedings.




Business Credit: Your Best Asset is your Good Standing as a Creditor
The importance of good credit for your business.






Teaching Budgeting Money
To manage and reduce debt, you need to have good money management and budgeting skills.  Use these lessons to teach basic budget concepts. Also includes lessons on mortgages.

Teaching Credit Cards
Learn credit card basics. Credit cards, credit, and paying interest.  Learning about credit cards.

Teaching Banking and Savings Accounts
An important part of understanding debt is understanding interest rates.  Learn about bank savings accounts, banks, and interest rates. Also check writing and checking accounts.





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