PDS Debt is offering a free debt analysis. It only takes thirty seconds. Get yours at https://PDSDebt.com/bordenaro.

Credit card debt just hit another new all-time high here in United States and is showing no signs of slowing down and continues to go higher and higher. Americans were also surveyed on why they keep using their credit cards and balances keep going up and the number one sided reason is because they cannot afford the cost of living. How is this a sign of a strong economy?

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Apply for a consolidation loan: https://theyukonproject.com/debt-consolidation-loans/

A debt consolidation loan is an installment loan offered by banks, credit unions, or non-bank lenders that will allow you to convert many of your other debts into a single loan payment. This can simplify your month-to-month finances and decrease the interest you spend on your debts.

Are debt consolidation loans a good idea? If I already have a lot of consumer debt, isn’t taking another loan just digging myself deeper?

Debt consolidation loans can be a powerful tool for getting out of debt, but you should know exactly what you need to do before you take the loan. This video talks about the financial services company SoFi. We talk about how a SoFi loan works and whether it would be a good idea for you to take. Most of the video, though, is giving you ideas of what you should do BEFORE you take a SoFi loan.

Don’t make the mistake of getting yourself into more debt. Make sure that if you are paying off credit card debt, you are doing it in a way that will ensure that you are successful.

You should pay attention to these things when you are considering a credit card debt consolidation loan with the goal of reducing your level of debt, decrease your monthly payment, and get on the path of debt-free living.

Pay attention to the debt consolidation loan’s interest rates. One of the main advantages of a debt consolidation loan is the potential to secure a lower interest rate compared to the rates on your credit cards. If you can obtain a consolidation loan with a lower interest rate, it can save you money in the long run.

Will consolidating the payments into a single monthly payment help you to stay current and avoid late fees? Consolidating multiple credit card debts into a single loan can simplify your financial management. Instead of making multiple payments to various credit card companies, you’ll have just one monthly payment to focus on.

Will taking the credit card debt consolidation loan help you pay off your debts faster? Look at the repayment terms offered by the consolidation loan. If the loan provides a longer repayment period, it may lower your monthly payments, but you might end up paying more interest over time. Assess whether the loan terms align with your financial goals and capabilities.

Consolidating your debt could put you in the dangerous situation of being able to accumulate more credit card debt. Debt consolidation is not a magic solution. It is important to address the root causes of your debt, such as overspending, expenses that exceed your income, or poor budgeting habits. If you don’t address the underlying problem, you are likely to continue accumulating debt even if a consolidation loan provides temporary relief.

How will taking on a new loan affect your credit score? Consolidating credit card debt with a loan can impact your credit score. Taking a new loan could lower your credit score, but significantly dropping your credit card utilization (when you move the balances to the debt consolidation loan) could significantly improve your credit score. Of course, the thing that will improve your credit score the most is to get out of debt and make on-time payments.

If you want to learn more about debt consolidation, check out this page on The Yukon Project: https://theyukonproject.com/how-to-get-the-right-debt-consolidation-loan/

If you would like to see if you can be approved for a debt consolidation loan, you can apply to several lenders at once by going here: https://theyukonproject.com/compare-personal-loans/

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00:18 – Is SoFi a legitimate company?
00:35 – Why would you want to get a credit card debt consolidation loan with SoFi?
00:51 – Does SoFi charge an origination fee?
00:59 – What is the interest rate on a SoFi loan?
01:15 – How much can I borrow with a SoFi consolidation loan?
01:28 – How does a SoFi debt consolidation loan work?
01:51 – Does applying for a SoFi debt consolidation loan affect my credit score?
02:09 – What credit score do I need to qualify for a SoFi debt consolidation loan?
02:37 – What do I need to do before I take a SoFi loan?
05:23 – Is a SoFi debt consolidation loan worth it?
05:43 – Key take-aways on SoFi debt consolidation loans

Take Out A Personal Loan To Pay Off Debt?
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Sid Lowe, Craig Burley and Kasey Keller join Kay Murray on ESPN FC to delve into Barcelona’s win vs. Real Sociedad and the latest on the club’s mounting debt, which now totals $1.6 billion, according to club president Joan Laporta.

0:00 A good start to life after Lionel Messi for Barca.
2:36 Gerard Pique takes a pay cut.
5:23 The poor management of Barcelona’s finances.
6:36 Why did Barcelona go out and sign big-money players when they have no money?

#ESPNFC #LaLiga #Barcelona

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How long does it take to apply for debt counselling? More here: http://www.debtcounsellinghelp.co.za/FAQ.php

The application process is super easy and we protect you immediately from creditors.
We have a very experience back office team that will process your application as soon as we receive your form 16 plus supporting documents.

We will notify all your creditors with a 17.1 Notice. This takes 2-5 days, normally shorter. As soon as all your creditors have been informed, you are protected from creditors.

Please go to the www.debtcounsellinghelp.co.za for more info on the debt counselling process.

How to apply for debt counselling: http://youtu.be/vFTs9xJOr-s
Debt Counselling Application http://www.youtube.com/watch?v=ho450da3rus

#DebtAwarenessMonth
If I enter debt counselling, how much do I pay each month and how long does it take?

Ignited about crushing debt takes you through a journey where you learn about the steps to take control of your financial life. Debt has made many individuals its slave, and it’s time to turn a chapter and take control. With a simple step-by-step process Matthew Meyers take you on a journey of self discovery with easy to use tools in taking back your life. You deserve the opportunity to live a more fulfilling life, get ignited and crush the debt that has been holding you back.

I watch. I study. I prowl. I hunt. I always go in with a plan. A set of rules for myself. I don’t take unnecessary risks. That’s how I’ve been able to evade capture all these years. But there’s something about this girl that is different than the others. When I finally meet her, the rules become a blur. And I break the most important one of all–I take her with me. —– It’s just my imagination–that feeling of being watched. That those icy eyes– a vivid turquoise with a distinct golden fleck–aren’t watching me. It’s just stress. I am the person everyone relies on. Maybe that’s why I haven’t been feeling so content with my life lately. Why I dream those eyes belong to someone who can tear me away from all of my responsibilities. But these are just shameful fantasies, never meant to breach reality. Then one night, the dream comes true, only it’s a horrific nightmare. Now, I only have one task: survival. 124k words. Trigger warning: If you need one, this is really not the book for you.

Whether it’s in the accounts of the White House or in the average American’s wallet, America has been carrying a balance. The country is so reliant on credit that we constantly add to our debt, despite the strain it puts on ourselves, the economy, and the nation as a whole. Regardless of our bad spending habits, credit still plays an important role in our current financial system. Without it, the economic train runs out of steam and grinds to a halt, as it did in the 2008 credit crunch. Credit gives us the power to buy greater items like homes or property, and even allows us to make investments and conduct business. It is so deeply rooted that service companies, property owners, and even prospective employers typically perform credit checks to ensure that new clients are able to cover their debt. Just see the facts and figures below: • $2.2 Trillion – according to the Federal Reserve Board, the overall amount of consumer debt in the United States in 2005, up nearly five-fold from just $824 billion as of 1990 • $16,635 – The amount of debt the average citizen in the United States holds excluding property debt such as mortgages, Experian reports • 55% of credit card holders in the United States kept a running debt on their cards in 2008, as reported by ComScore. • 984 million – the number of Mastercard and Visa accounts issued by banks just in 2006, as reported by the card companies themselves. • 4.2 billion offers for new credit cards were mailed to American households in just 2008 according to Mail Monitor, a tracking service that monitors credit cards in the mail. • 19% – The average interest rate of credit cards issued by banks in 2007, CardTrak.com’s online survey reports. Back in 2003, the mean interest rate was a mere 16.5% It is plain to see that credit is deeply-seated in our financial system, regardless of our ever-increasing debts. Clearly, credit is going to stick around awhile, and so the responsibility is on every American citizen and credit holder to make choices that keep them in the black. In our current situation it seems more consumers have fallen into the debt-trap, as consumers by the millions are exhausted to see they cannot keep up with payments on their debts. So, you are one such unfortunate credit consumer, and you find yourself in a credit crunch of your own. Fortunately, the content of this article will give you a view on new concepts that will help you to manage your credit debt and other such debts. It is important for every consumer to know these, so that they can use credit responsibly in their daily lives.