10 Ways to Get and Keep Debt Out of Your Life! What is the Eleventh way?

Keep Debt Out of Your Life

1. Pay off your highest interest debt first. If you have a car loan that has a higher total of money owed to it that your credit cards, throw more of your monthly income at that first. Chances are it is a multi-year loan with a higher interest rate than your credit cards. And if you can pay that off sooner than is scheduled by paying more money towards the principal, you have a good chance of saving a lot of money that would have otherwise gone to paying interest on that loan.
2. Keep your credit card debt at a consistent level. This will require you to use your credit card less than you may be accustomed to, but it is a sound way to handle not building up more debt while eliminating debt in another area of your finances.
3. Use cash instead of credit cards. Budget in a certain amount of cash to be spent per week, and try not take withdraw more cash than that per week. By breaking it down into a weekly budget and only allowing yourself a minimal amount, you’re more likely to stick to your cash budget and not overspend.
4. Cut back on the vices. Whether its cigarettes or coffee, cut down and see how much you’ll save.
5. Put aside your spare change. You’d be surprised at the end of the year at how much that spare change will add up to.
6. Eliminate some of the expenses you already have. It might be a luxury that you enjoy but if you can do without it that money can be reallocated towards something more beneficial.
7. Don’t buy something unless you need it. It’s amazing how much money we spend on frivolous materials that are either hardly used or that we don’t even use at all.
8. Watch your energy bills. Using less electricity and gas can add up to a large amount of money saved over the course of the year.
9. Set up a weekly budget, a monthly budget and an annual budget. Be certain to check it often and see if you are staying on course. This is a way to hold yourself accountable and is likely to help you stick to your financial plan.
10. Be smart, control your impulses and make wise financial choices. They will pay off.

That is ten but what about number eleven? Read on.

If you have credit agreements taken out before April 2007 there is a new unenforceable credit agreement claim which is becoming more and more known about here in the UK. It is possible to have your credit finance agreements –agreements such as credit cards, store cards, secured and unsecured loans, car finance agreements, and those with payment protection insurance ( PPI) ‘audited’. They may not comply with the terms of the 1974 Consumer Credit Act and if they do not they are unenforceable credit agreements. This means you can claim to have them written off. That is the balance completely cleared. For NO FEES a solicitor with handle your claim. This is on a no-win-no-fee basis so it is risk free.

Control Your Debt and Regain Control of Your Life!

Control Your Debt

If you’ve amassed a lot of debt, you’re probably feeling a little lost in the world right now. You may be wondering how and when your life started to spin out of control.

The fact is the loss of control you feel right now is a direct result of the accumulated debt and poor financial decision making you’ve been perpetuating by avoiding responsibility when it comes to your money. In order to regain a sense of balance and control of your life you need to take charge of your finances and debt right now. The first step in doing this is to set up a chart or graph that shows you directly where your money has been going. Get all of your bills, loans, credit card receipts together and add it all up and list exactly what you spend your money on and how much of it you spend towards those particular purchases.

Once you’ve done that you will have a picture of your spending habits right in front of you telling you what you might be doing wrong. From this chart or statistical graph, calculate how much money you could and should save by eliminating wasteful spending and spur of the moment purchases. Ask yourself ‘Did I really need to buy that?’ and that will tell you what to cut out of the budget you’re about to create. Creating that budget is the next step. Devote more money to high interest loans and credit card debts. Allocate more of your income to these bills and less of your money to needless and wasteful purchases. Give yourself a cash allowance for everyday needs and stick to it. And that cash allowance should be relatively low.

Next, see what material items you might be able to sell. Take that money and immediately put it towards paying off your debt. Try to “downgrade” the larger purchase items, such as your car, buy trading or selling it and getting a different vehicle that is far less expensive. Money saved is money earned. Finally, be patient. This is a process that isn’t going to solve your money problems in one night. It will take many months of disciplined spending and budgeting, along with wise financial decision making when it comes to your spending.

Give yourself monthly, semi-annual, and yearly targets or goals. Chart how well you are doing when it comes to achieving these goals. By holding yourself accountable, you’ll soon feel a lot better about yourself and your financial standing and that’s when you will start to take back control of your life! Owing money to someone leads to a feeling of helplessness. A person can easily feel powerless and extremely vulnerable when they know that someone is holding an IOU marker over their heads. Regain a sense of empowerment. Make it important to yourself to not owe anyone anything, or at least as little as possible.

If you want to be in control of yourself, take back control of your finances now! If you have credit agreements taken out before April 2007 there is a new unenforceable credit agreement claim which is becoming more and more known about here in the UK. It is possible to have your credit finance agreements –agreements such as credit cards, store cards, secured and unsecured loans, car finance agreements, and those with payment protection insurance ( PPI) ‘audited’. They may not comply with the terms of the 1974 Consumer Credit Act and if they do not they are unenforceable credit agreements. This means you can claim to have them written off. That is the balance completely cleared. For no fee a solicitor with handle your claim. This is on a no-win-no-fee basis so it is risk free.

The Debt Crisis and How We Got Here. How you can solve your personal debt crisis.

We are in a state of crisis when it comes to debt we’ve accumulated. Many people are asking the question ‘how did this all happen?’ While you might think the answer is complex and difficult to understand it’s really not. Almost like a maths formula, the debt crisis that we now face played itself out in the form of an equation in which the final answer added up to less than zero and tons of debt. Here’s how it works. World wide companies and large corporations sit atop the global financial pyramid.

As most of the global economy is run on a capitalist idea of financial gains and large profits, those companies want to show just how well they are doing and how much money they are making so that investors will put even more money into those companies. So, they have a huge incentive to show the highest margins of capital profit every few months.

Unfortunately, there’s only so much actual physical money that they can make. In order to increase profits beyond a realistic number, they begin to loan money out and start counting the money that is owed to them as money that they have already made. Then, when they go to large money lending banks that lend money to big businesses, they produce the balance sheet that says they have the money, so borrowing more and more is okay because they have money coming in to pay the bank back.

The banks know how much they can profit from the interest on those large corporate loans, so they willingly lend out the money. But who are the businesses and corporations relying on to owe them these incredible amounts of money? Answer: the bottom of the financial pyramid – the overwhelming majority of citizens, like you and me who borrow money that they cannot possibly afford to pay back. It used to be that if you couldn’t show how you would pay back a loan, there was no way you could get a credit card or bank to lend you the money.

That changed when lenders not only lowered standards and but knowingly loaned out money to people even they knew could never pay it back. But it looked good on paper and on the balance sheet to have so much money supposedly coming in. So they did it. Now many of those citizens who borrowed more money in a year than they earn in 10 years are left drowning in debt. Everybody at the bottom of the financial pyramid owed money to the part of the pyramid that was immediately above them. When bottom couldn’t support the top, the pyramid crumbled. The enormous amount of money that was lent out should not have been, and most of the money that was eagerly borrowed should not have been either. What is the solution for you?

If you have credit agreements taken out before April 2007 there is a new unenforceable credit agreement claim which is becoming more and more known about here in the UK. It is possible to have your credit finance agreements –agreements such as credit cards, store cards, secured and unsecured loans, car finance agreements, including those with payment protection insurance ( PPI) ‘audited’. They may not comply with the terms of the 1974 Consumer Credit Act and if they do not they are unenforceable credit agreements. This means you can claim to have them written off. That is the balance completely cleared. For NO FEES a solicitor with handle your claim. This is on a no-win-no-fee basis so it is risk free. Many people like me, have found this to be the perfect solution to there debt problems.

My Debt is out of control. What can I do?

Once debt is out of control it can take over your whole life and is very confusing as to how to take control of the situation. You must look at how you got into a situation like this, no matter how difficult it may be. The majority of people overspend by one-half of their take home pay. Of course some emergencies arise and that cannot be helped. Sitting down and adding up your necessities is the first step; then what is left over must be added into getting control of the debt. Buy food, clothes and household items when they are on sale and clip coupons. There are numerous ways to save on your grocery bill. The more money you save the more you can apply to your debts. Once this is applied to everyday living you will see that money can be saved and you will see that there is light at the end of the debt tunnel. First thing to try is lowering your interest rate with credit card companies. This can be obtained by merely calling the company and requesting a lower interest rate. Lowering the interest rate will lower the monthly payments.

The same things apply with a home loan or personal loans, call around and find out the cheapest rates then switch (if possible). As for credit cards some credit card companies will lower your interest rate to near to nothing for only several months and some companies will extend the amount of time. But keep in mind once you do these things you can no longer use that credit card. Companies do not want to lose the money and most will work with an individual but you will have to pick up the phone and call them. The majority of these companies are more than happy to work with an individual. The companies get their money and your credit is not destroyed.

Also, a flaw has been discovered in the Consumer Credit Act of 1974 and in some cases the entire amount of credit cards debt have been written. If you have taken out your credit card prior to April 2007 there is a strong possibility that the entire amount can be written off. This could be well worth it if you owe a large amount on credit cards or loans. One company that will help you to understand the financial claims management industry is www.creditcardswrittenoff.com They provide information and advice about the services offered from the many companies appearing weekly in this new claims industry.They are not all the same so it is best to take advice from people who have had first hand experience of making claims themselves.

Call 0845 475 5435 for a FREE audit with NO back end fees at all!

Clear Your Credit Card and Loan Debts- Legally!

Clear Your Credit Card and Loan Debts

Are you worried about being able to pay your monthly credit card, store card and loan bills? Losing sleep worrying about how you will ever be able to clear your credit card balances?

Imagine if you could clear your credit card debts. Imagine being debt free? Imagine never having to make another credit card or loan repayment? Well you don’t have to imaging any more! Financial help is now at hand in the form of a NEW financial claim which is set to sweep across the UK! You can legally clear your credit card and loan debt.

It is not a scam as some people may think. The banks have seen it coming for many years which is why some lenders have set aside a large amount of funds to pay for all of this. Don’t worry about the banks though. As we have all seen in the media lately the banks are not short of funds. They can afford to pay their Directors well for the services they have provided. But they cannot it appears adhere to the law in the manner in which they draw up the finance agreements we sign. The law which was designed to protect us the consumer.

Did you know that many of finance agreements taken out before April 2007 are unenforceable! Its true. Most of them DO NOT comply with the terms and conditions of the 1974 Consumer Credit Act. And this makes them invalid and unenforceable and you can apply to the court to clear them. Now you can find out if your credit agreements are unenforceable by having them audited by a solicitor. If any breaches are found your solicitor will deal with your claim on a no win no fee basis and you will be able to clear your credit card and loan balances.

It is not debt management, IVA or Bankruptcy but a perfectly legal process whereby you are able to challenge the validity of the agreement you made with your lenders. It is a straightforward process carried out on a no win no fee basis. How is this possible you may be asking? There have been many successes to date. The most famous being that of Mr and Mrs Rankine who appeared on the BBC Panorama programme recently. Your solicitor asks your lender for a copy of your credit agreement. Then it is audited to see it complies with the 1974 Consumer Credit Act. If breaches are found your credit agreement may be unenforceable and you can apply to clear the balance. Your solicitor writes to your lender on your behalf saving you time and stress of having to do this yourself. The process takes about nine months to one year depending on how quickly your lenders reply to the requests for your account document made by your solicitor. There are thousands of people who are having problems with debt and a company who can help you to write off your debts is surely a great thing.

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