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Use Our Savings to Pay Off The Rest of Our Debt or Get a Newer Car?
Nix the guesswork and scrolling. We’ll connect you with investment pros we trust: https://bit.ly/3hc6Pgt
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Have you ever wondered how credit counselling works? Wondering if it is the right option for you and if there are alternatives? Look no further as we have broken this down for you in this video.
Check out the blog article on the topic at: https://www.halifaxdebtfreedom.ca/credit-counselling/
Mediator Debt Solutions is proud to be a leader in the debt settlement industry. Struggling with debt? Losing thousands on interest? It’s time you met Hope.
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How Debt Consolidation Becomes the ‘Never, Never Plan’ | DFI30 | Ep. 423. Did you know that bankers often refer to debt consolidation loans as a ‘never, never plan,’ meaning the borrower will never become free of their debts? This may sound odd since consolidation loans often make total debt cheaper to service through a lower interest rate. But banks know how to keep their clients with just the right amount of debt to continue profiting from interest charges. On today’s podcast Ted Michalos and Doug Hoyes breakdown just how exactly banks keep their customers in a ‘never, never plan,’ and offer practical advice to help borrowers actually eliminate their debts. Tune in!
Links:
Risks of Debt Consolidation Loans – The Hidden Traps: https://www.hoyes.com/blog/debt-consolidation-loans-the-hidden-trap/
Hoyes Michalos Debt Repayment Calculator: https://www.hoyes.com/debt-repayment-calculator/
Hoyes Michalos Debt to Income Ratio Calculator: https://www.hoyes.com/debt-to-income-ratio-calculator/
Government of Canada Credit Card Payment Calculator: https://itools-ioutils.fcac-acfc.gc.ca/CCPC-CPCC/CCPCCalc-CPCCCalc-eng.aspx
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pros and cons of debt consolidation
The U.S. is expected to hit its debt borrowing limit in a couple of days. CBS News political director Fin Gomez covers has more on that and how the 2024 Republican presidential primary is shaping up.
#news #economy #debt
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Are mounting debts weighing you down? Say goodbye to financial stress and hello to a brighter future with the power of debt consolidation! ????Check out how it can transform your financial situation for the better. ?????
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How do I remove a debt review flag in South Africa?
Sky News host Rita Panahi has mocked a woman who did not understand she was racking up debt while spending money on her credit card.
The 20-year-old appeared on a podcast with Caleb Hammer where she told a story of how she discovered the difference between credit debt and credit limit.
“Me and my boyfriend, me and my friends would go out, and I would be like ‘I will pay for everybody, I got it, I will spend the money, it’s just a credit card’,” the woman said on the podcast shared to TikTok.
“So I would pay and pay and pay and I called my mum one day and wanted her to be proud of me, so I was just like, ‘Hey, I’ve got $4,000 credit on my credit card’.
“She was like ‘credit limit or credit debt?’ I was like ‘what’s debt?”
