August 11, 2019

Payday loan debt consolidation companies -What is consolidated debt relief?

Debt consolidation loans are used to pay off existing debts and merge multiple accounts into one account with one lender and one payment. What is consolidated debt relief? If you go to https://dedebt.com/ and try for free, you may be able to get a debt consolidation loan with a lower interest rate than the debt you are paying back. Getting a debt consolidation loan with a lower interest rate allows you to save money on the overall interest. If you want a lower monthly payment, you can consider getting a long-term loan. However, as you will repay it longer, the interest rate will be higher. The United States of America has conducted research on…

August 1, 2019

No Longer Borrowing Infinite Money With Revolving Credit

Credit providers have set a maximum for the time that you can withdraw money with a revolving credit. So you can no longer borrow ‘infinite’ money.   Extra spending room with a revolving credit With a revolving credit you can borrow money during the term and repay it whenever it suits you. Handy, because that way you have extra spending space. However, there is also a risk here. Because you can withdraw a repaid amount, it requires self-discipline to become completely debt-free.   No more withdrawing ‘infinite’ money Credit providers have now set a maximum for the time that you can withdraw money with a revolving credit. Among others, SEDAM,…