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What is considered as good debt? Is buying clothes with a clothing account a good debt?
The covid-19 pandemic led to a lot of job losses and many people failed to pay off their debt, that drew a lot of attention to the topic of debt and whether it was really beneficial to ones livelihood.
Debt can negatively impact your credit score and this can ruin your chances of qualifying for any credit going forward but at the same time if used well, can help you to buy assets that will increase your source of income.
I hope that you will enjoy this episode, please do not forget to like, comment and subscribe !!
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New videos every second week to help you to sharpen your financial literacy. Feel free to leave a comment about your personal financial journey.
Debt consolidation can be super tempting when you’re under the unrelenting pressure that being in debt brings. Debt consolidation can appear to be “the answer”.
But the truth is that debt consolidation is wrought with very complex pitfalls that can be so cleverly hidden by the debt consolidation “industrial complex” that it really takes 1) high proactive financial acument OR 2) an unfortunate learning experience to learn how it actually works.
Debt consolidation companies DO NOT have your best interest at heart and today I want to talk about 5 ways that doing a debt consolidation deal and what I think you should do instead.
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The best way to get out of debt is to go bankrupt, or at least that has been John DeBoer’s experience. If you get to keep the house, and keep your car and lost the collections call it sounds like a win to him. Whether you’re someone who is a financial genius, or if you’re someone who has used the wrong hotel key this full Dry Bar Comedy special form John DeBoer is sure to keep you laughing from start to finish.
If you enjoyed this Dry Bar Comedy special from John DeBoer, be sure to check out the links below for even more Dry Bar Comedians you might enjoy!
Brian Moote
https://www.youtube.com/watch?v=e7GTFyp5sWE
Joe DeVito
https://www.youtube.com/watch?v=tzoGTQXBATM
Shawn Reynolds
https://www.youtube.com/watch?v=H2RqPCpn5YQ
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#drybar #comedy #standup
Why consolidate if all you’re doing is moving your debts to another creditor. Join our Debt Mediation Program and save 40-60%!
Debt. No one else sees it, but it’s always hanging around weighing you down.
Get debt off your back. The Credit Counselling Society is a non-profit service that’s helped thousands of Canadians solve their debt problems. Call them today at 1-888-527-8999. Their help is free, confidential, and it works.
How to compile and file and a debt review application before the National Consumer Tribunal.
