Posts tagged ‘debt management’

Tips To Manage Your Debts and Loans

Published: January 21, 2019 | Personal Finance | 1 Comment

Debts and loans can be a good friend, who provides financial leverage and helps you in times of need. But it can also be an evil enemy, who cripples your budget and brings financial stress. More often than not, it’s how we manage our debts and loans that determines which of the two will come […]

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What to Teach Your Kids to Keep Them Out of Debt

Updated: September 8, 2020 | Guest Posts, Personal Finance | 8 Comments

Many people struggle with getting out of debt, specially credit card debts. One reason for this is because I believe, there is very little emphasis on the importance of proper personal finance in our educational system. While we are all advised that saving money is good, we are however not really taught in school how […]

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Three Common Debt Collector Lies

Updated: June 30, 2016 | Guest Posts, Personal Finance | 8 Comments

Being deep in loans and credit card debt is hard enough – but add to that the negativity and harassment of debt collectors, and you’ve got yourself a major headache. Fortunately, we have today guest blogger, Christopher, who shares below three common lies that debt collectors tell. His examples may show cases for the US, […]

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Becoming Debt-Free Begins In The Mind

Published: June 16, 2011 | Mindsetting, Personal Finance | 7 Comments

Everyone wants to be debt-free. Unfortunately, only a handful of people are able to do it. And even fewer are those who are able to sustain it for the long term. So what’s the secret of these people who have successfully eliminated debt from their lives? I could only guess. Perhaps because I believe that […]

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What To Do When Your Parents Are In Debt Trouble

Updated: January 7, 2020 | Life Lessons, Personal Finance | 7 Comments

As a child, most of us believed that our parents are perfect. But as we grow older and become more independent, we often realize that our parents are just like any one who would sometimes make bad choices and commit mistakes. Such is the realization of a friend who confided with me one night about […]

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Are You Eligible To Apply For A Business Loan? The Five C’s of Credit Analysis

Updated: June 9, 2019 | Business | 1 Comment

Whether you’re planning to start a new business or thinking of expanding your current business, applying for a business loan from the bank can help you speed things up. Leveraging on credit is one of the best tools for business growth. Simply saving up for that start-up capital or waiting for your business to generate […]

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SME Community: Strategies for Credit and Collection

Updated: September 27, 2014 | Business | 2 Comments

Leveraging on credit is a practice that entrepreneurs and business owners are familiar with. We borrow money to fund our business ventures and conversely, we give payment terms to our customers to get more sales and foster a better relationship with them. But in light of the recent global recession, effective credit and debt collection […]

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Philippine Fair Debt Collection Practices Act

Published: November 27, 2008 | General Information, Personal Finance | 574 Comments

Learning about the U.S. Fair Debt Collection Practices Act from playing the Bad Credit Hotel online game made me wonder if such laws also exist in the Philippines. I know some people who have been harassed by credit card debt collectors and suffered a significant amount of humiliation from their family members and colleagues because […]

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The Bad Credit Hotel Online Game

Updated: September 22, 2014 | Personal Finance | 7 Comments

Are you suffering from too much debt? If so, then maybe you need to spend a night at the Bad Credit Hotel. This online game was commissioned by the U.S. Treasury and the Advertising Council in America. It hopes to teach young people about responsible credit card use and educate them regarding debt management and […]

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