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Kali ni saya kongsikan bagaimana nak settlekan hutang dengan cepat, dengan dapatkan lebihan income dengan cara kumpul semua hutang-hutang jadi 1 dan settlekan segera dengan teknik debt consolidation.
Sekiranya ada sebarang pertanyaan, boleh klik link http://financialcoach.wasap.my untuk saya berikan khidmat nasihat percuma.
Aziz Riadi
Shariah Registered Financial Planner
MFPC
#AzizRiadi #bebashutang #langsaihutang #personalloan #loan #financialfreedom
Solutions Credit Counselling is independent Credit Counselling Agency in Canada that works for you. We do not get paid by the banks or credit card companies. Our Debt Management Program is not a consolidation loan but rather a consolidation of your debts into one monthly payment. We negotiate interest rates with you creditors to as low as 0% and stop Debt Collector’s calls. You will avoid Bankruptcy, keep your assets and be Debt Free again. There is no penalty for paying out early or defaulting on the Program. More important you Canadian Creditors work with us! Visit http://creditsolutions.ca or call 1(877)588-9491 for more info.
Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said. #CNN #News
The benefits of mediation. What to consider if making a cross border move. Ways to pay off debt faster. Investing post retirement.
Debt review, also known as debt counseling, is a process that was introduced by The National Credit Act or (NCA) to help people who are over-indebted to get out of debt. Watch the video to learn more.
Link to my online store: https://talkingmoneywithnozi.com/collections/all
Check if your debt counselor is registered here: https://www.ncr.org.za/register_of_registrants/registered_dc.php
What is debt consolidation, how to consolidate your debt, and should you consolidate your debt. There are two primary ways to consolidate debt, both of which concentrate your debt payments into one monthly bill.
Get a 0% interest, balance-transfer credit card: Transfer all your debts onto this card and pay the balance in full during the promotional period. You will likely need good or excellent credit (690 or higher) to qualify.
Get a fixed-rate debt consolidation loan: Use the money from the loan to pay off your debt, then pay back the loan in installments over a set term. You can qualify for a loan if you have bad or fair credit (689 or below), but borrowers with higher scores will likely qualify for the lowest rates.
Success with a consolidation strategy requires the following:
1.Your total debt excluding mortgage doesn’t exceed 40% of your gross income.
2.Your credit is good enough to qualify for a 0% credit card or low-interest debt consolidation loan.
3.Your cash flow consistently covers payments toward your debt.
4.You have a plan to prevent running up debt again.
Consolidation isn’t a silver bullet for debt problems. It doesn’t address excessive spending habits that create debt in the first place. It’s also not the solution if you’re overwhelmed by debt and have no hope of paying it off even with reduced payments.
If your debt load is small — you can pay it off within six months to a year at your current pace — and you’d save only a negligible amount by consolidating, don’t bother.
Try a do-it-yourself debt payoff method instead, such as the debt snowball or debt avalanche.
If the total of your debts is more than half your income you’re better off seeking debt relief than treading water
Hey ya’ll ! I really love finances and talking about ways to make it easier to make more, save more, give more, and of course spend more. So most of the stuff we will be diving into will be related to finances with the odd topic here and there, plus maybe a special appearance from Rocko, my big pittie baby! I want to start off with easier concepts and the basics of money and work my way into the more difficult and nuance topics. You may be asking, why would I ever listen to you about anything? That’s a fair point, and you don’t have to. However, I would love to take this journey with you into the financial world and together we can learn and grow, not only our knowledge but our bank accounts too! I am not a Financial Advisor, any investment commentary are my opinions only.
Example
Clothing account – 23% owing R5000
Personal loan – 16% owing R15000
Credit card – 17% owing R10000
Overdraft – 23% owing R1000
Owe R31 000 – so you get a new loan for R31 000 and pay off the multiple loans. then you are left with one.
Average 19.5% so make sure you get a new loan of an interest rate lower than 19.5%
Credit counselling helps one in improving the financial life by giving basic teaching that would be an efficient pay off debts. Debt negotiations serve as a helping hand in creating a budget that works best for you.
