Debt Beat Down 2009!!

Summer is over, time to refocus…

With all the vacations, parties and holidays, the summer season can put a strain on even the best Debt-Busting Plans. Unfortunately some of us, myself included, may have amassed even larger debts!!

Reeling like Rocky in the third round, it’s time to perform one of his famous comebacks and get back to pounding on that debt. Another year is almost over and its time for our Annual Debt Beat Down!

We have reviewed this past year’s articles and hand selected what we believe to be the most valuable and inspiring articles in their category. Each article contains powerful incentives to help motivate you in your personal quests to become debt free. Look for the Debt Beat Down Award at the top of selected articles or quickly view all award winning articles in the Debt Beat Down Category.

Home Equity Line of Credit (HELOC)

Home equity loans have been helping homeowners for years as a way of cheap financing for other expenses. A HELOC (Home Equity Line of Credit) can be used for home repairs, improvements, or can be used to pay off other debts and bills. It also comes in handy as a source of emergency credit in a bad situation.

Posted in Debt Beat Down 2009!!, Home Equity Loans |

The Free Credit Report Scam

Every consumer in America has the right to a free credit report once every year by law as of September 2005. But since that law has passed there has been nothing but confusion.

Posted in Debt Beat Down 2009!!, Free Credit Report |

Ask Dealers, Vendors And Creditors For Better Deal And You’ll Most Likely Get One

If you ask most people why they don’t haggle more before they hand over their hard earned money, they’ll more than likely tell you that it’s because they don’t feel comfortable doing it, but the bottom line is that there’s no reason why asking for a better deal should make anyone feel uncomfortable or embarrassed.

In general, men find it harder to haggle than women and the reason is partly upbringing and partly cultural, and if you’ve visited the far east, middle east, Mexico or south America then you’ll have noticed that negotiating a price is normal, and if you don’t do it then you’ll most likely be considered stupid, and even worse, you’ll spoil the fun that the dealer would have got from haggling.

Posted in Credit Repair, Debt Beat Down 2009!! |

Learn How To Pay Off Your Debts with Avalanches Of Snowballs And Snowflakes

The two most common get out of debt systems now being used, are the Snowball system, which basically involves paying off your debts from the smallest to the biggest, and the Avalanche system which means paying off your debts starting with the one that’s charging you the highest amount of interest.

Snowflaking means cutting back on your day to day expenditures wherever you can, even if means saving just saving a few bucks on breakfast or lunch, and the money saved is then sent that same day or at the end of the week to whichever creditor you are trying to pay off first, and Snowflaking can be used in tandem with either the Snowball or Avalanche systems.

Posted in Debt Beat Down 2009!!, Debt Consolidation |