Credit Sesame Daily

Browse Categories

Getting Out of Debt: The Pros & Cons of Debt Settlement

If you are swimming in debt, you’re bound to start looking for a way out. Many people see debt settlement –an option that advertises to help you pay off your debt for much less than what you owe– as a way out of their financial woes. However, the truth isn’t quite as simple as all that. Debt settlement isn’t without pitfalls and consequences — and it isn’t for everyone.

How Debt Consolidation Affects Your Credit

When debt piles up, you have several options for paying it back, including debt consolidation. What is debt consolidation? Debt consolidation means taking out one new loan large enough to repay some or all of your outstanding debt. You get the money, pay off your accounts, and then make a single monthly payment to pay

Do You Fall for Bad Deals?

(source) The thing about bad deals is that they seem like deals. The “bad” part doesn’t become apparent until later on – usually when it’s too late to do anything about it. Especially during hard economic times, it’s tempting to jump at what looks like a chance to save money without crunching the numbers or

It’s All in the Family: How to Borrow from Loved Ones

(source) It started out naturally enough. She was in college, and her parents offered to pay for her cell phone. “At first, I thought it was just what parents did for their kids,” she said. However, by the time she married and moved out of state for her doctorate, this small gift had turned into

Why is Some Debt Good

(source) While Debt is Generally Bad, Sometimes Debt Can Make You Richer Take 10 financial advisors and ask them what they think about debt, and you’ll get some variation of the answer “all debt is bad.” It’s like the bar owner who proudly claimed “I opened this saloon 15 years ago with $78 in my

Ordering Your Financial House: Part 3

(source) In Part 1, we discussed starting an emergency fund. Part 2 looked at how to create a plan for spending based on how you currently spend your money. Now it’s time to tackle what’s probably holding you back the most… your debt. Attack your Debt Typically, there are two trains of thought when it comes

Good Debt or Bad Debt – Which Do You Own?

That’s right, we said it – there is such a thing as Good Debt. If managed wisely, debt doesn’t always have to be a negative thing. Simply stated debt can be good when it produces a positive return or cash flow and bad when it does not. The following guide will help you differentiate the

Six Ways to Avoid an Avalanche of Debt

(source) Americans struggle every month against a potential avalanche of debt.  Like a real avalanche, this giant mountain of debt can steamroll even the most prudent and practical financial consumers. How can you pay down that debt on things like home loans, credit cards, student loans, and other fiscal burdens yet keep your credit health

Plastic Is King: Credit Card Debt in America

The debt held by U.S. consumers plays an important role in today’s economy. In fact, a huge portion of the economic growth factor, or GDP, relies heavily on consumer debt. What follows is a dissection of consumer debt, showing how much we owe, who owns our debt, and America’s favorite credit cards.

Five Things to Note Before Signing a Loan

Taking out a loan is a serious financial commitment. Whether you’re borrowing money for a car, home or business expansion, signing on the dotted line commits you to making payments for years. If you’ve never taken out a loan before, you will soon find that this new payment becomes a major part of your monthly

Page 1 of 212
  • Get Awesome Free, Service on Us.