ConsumerOnline.Info

Hindu Business LineFarm debt relief bill grows by Rs 11366 crBusiness Standard, India - 7 hours agoResponding to pressures within government, the farm debt waiver and relief scheme has been enhanced to Rs 71680 crore from the earlier Rs 60314 crore, …Loan waiver gets bigger with inclusion of ‘other’ farmers Hindu Business LineGovernment raises debt relief package to Rs71,680 crore, to cover … domain-BImplementation of the Agricultural Debt Waiver and Debt Relief … Press Information Bureau (press release)Daily Times - Business Standardall 61 new... (Read More)

Bundelkhand package calls for debt reliefHindu, India - May 15, 2008Among other measures for relief, the Bundelkhand package suggests a debt relief for farmers in the region. It calls for contingency cropping, …Read full story ... (Read More)

Having trouble paying your bills? Getting dunning notices from creditors? Are your accounts being turned over to debt collectors? Are you worried about losing your home or your car? You’re not alone. Many people face a financial crisis some time in their lives. Whether the crisis is caused by personal or family illness, the loss of a job, or overspending, it can seem overwhelming. But often, it can be overcome. Your financial situation doesn’t have to go from bad to worse. If you or someone you know is in financial hot water consider the options below. How do you know which will wo... (Read More)

When you hear the word “debt”, whats the first thought or feeling that comes to you? For most people debt is “bad” or it becomes the “enemy” and is something that should be avoided like the plague. Having debt does not make you a bad person. The more a situation is judged as being bad, the worse it gets. It’s the judgement that you have around debt, that will keep you feeling “stuck”. It’s the judgement that brings out the anxiety, the fear, the stress, the knot in the stomach. It’s the old success principle: what you focus on e... (Read More)

Next to winning the lottery, a debt consolidation loan is a debtor’s dream. With one monthly payment and a fixed monthly payment schedule, you can actually see an end to those monthly payments. In reality, consolidating bills isn’t always easy. If you have a lot of debt, it can be hard to find a consolidation loan at a lower interest rate. And if you’re not careful, you can end up deeper in debt than when you started. Your goal in consolidating your debt should be to lower your overall costs. To accomplish this there are two things to keep in mind: 1. Get the lowest interest ... (Read More)

You may not realize what that credit card bill is doing to you? Bob is a 27 year old truck driver. He dropped out of college after one year and got a job. With hard work and good luck, he is making about $35,000 a year. Bob is passionate about remaining debt free. He drove his old car from high school until he could afford to pay cash for a newer one. He rented a cheap apartment until he saved a solid down payment on his house. Even during the lean months, he steadfastly refused to build up a credit card balance he couldn’t pay off at the end of the month. At 27, he’s decided he... (Read More)

It is vital to get rid of debt while things are going well. Yet the opposite is usually the case. Human nature is such that when we find ourselves living in good times, we let down our defenses. With our lives going great we seem to make the worst decisions. It’s not hard to understand why this happens. We believe things will always be better in the future, “When I’m done with school, When I get a better paying job, I’m sure I will get that promotion.” With this attitude, that extra lump sum of money, or the raise at work, is used as a springboard to increase your... (Read More)

Consumer Borrowing Consumer borrowing in the UK has now crashed through the £1 trillion barrier. 80% of this is due to credit card borrowing, loans and mortgages. How are people managing to handle their debt and what effect is debt having on families today? The National Consumer Council reports that 6 million families in the UK are already struggling to make repayments towards their debt, and Citizens Advice reports that over the last 6 years, they have seen a 44% increase in the number of people seeking debt advice. This may be just the tip of the iceberg. There must be many families in the ... (Read More)

(Money You Don’t Have to Pay Back) 1. One way to get money is to have a yard sale and sell items that you are getting ready to toss away because you don’t want them any longer. 2. You can always gather shells at the beach and polish and turn into jewelry. 3. Get cash surrender from life insurance policy. 4. Paint faces on rocks and sell as paper weights. 5. Go to a pawn shop and pawn some jewelry. 6. Borrow from a relative. 7. Go get welfare pay or food stamps. 8. Dig small trees from woods and sell to homeowners. 9. Learn names of wild plants and plant in pots for sale. 10. Roll n... (Read More)