Expert Debt Management
Expert Debt Management
 
 
Consumer Debt
DebtConsolidation-Credit.com
About Us     Privacy     Disclaimer

     If you look at the United States and their national debt, one can easily come to the conclusion that the US is being weighted down buy its governments debt. Some sources are saying the US national debt is around nine trillion dollars. If you look at what the US's consumers debt load you will find an also surprising over 400 billions dollars. It's of no wonder that a nation that does not control its debt on the national level has problems on the individual level.

     While some figure that a personal debt helps the economy, while others figure it hurts the economy. The thought behind debt being good for the economy is that if it is easy to obtain credit than this increases the demand for consumer products thus increasing the nation's productivity. You can borrow money now to build that addition onto your house that otherwise would take 10 years for you to save. So the productivity happens now, not 10 years down the road. There is also the thought in this example, that if the real estate at the time is fairly healthy and moving along that the price to pay for the addition now would be perhaps the same relatively as paying for it in the future. A $50,000 addition now may cost $80,000 10 years from now to have done, which you would end up paying with interest if you borrowed $50,000 now and you would have to wait 10 years to enjoy it if you built it 10 years from now. Regardless if you have a large debt to pay, it hits you personally. It is ultimately you that owes the money back to your lender. Often this has resulted in frivolous spending thus the growth of the debt consolidation/ counseling industry. So many people have spent beyond their means that living with credit card debt or any unsecured debt just seems to be the norm.









Disclaimer: This site is not , nor should it be taken to be, legal, financial or other professional advice. It merely provides a generalized guidance and generalized information only. Consult a financial advisor or an attorney to discuss any legal or financial issues involved with credit and debt decisions.
Copyright 2008-2018, DebtConsolidation-Credit.Com, All Rights Reserved.

      Debt Consolidation
      Debt Counseling
      Loans vs. Consolidation
      Problem with Debt
      Debt Settlement
      Consolidation Benefits
      Credit Counseling
      Loan Deferment
      Debt Loans
      Forbearance
      Credit Card Debt
      Debt Loan Basics
      401k Plans
      Annuities
      About Liens
      Student Loans
      Bankruptcy
      Avoiding Bankruptcy
      Bankruptcy Knowledge
      Frequently Asked Questions


      Budgeting
      Budgeting Making
      Budgeting Maintaining
      Smart Management
      Money Thinking
      Expenses
      Debt Free Tips
      Simplify Your Finances
      Identifying Debt


      Secured Debt
      Unsecured Debt
      Good Vs Bad
      Consumer Debt
      Credit Card Debt


      Familiarizing Yourself
      Getting Your Report
      Your Rights
      Understanding It
      Understanding Part 2
      Credit Bureaus
      Raising Your Score
      Your Credit Past
      Fixing Inaccuracies
      Disputing Your Report
      Old Debts
      Closing Accounts
      Score Inquiries
      Consumers Beware
      Credit Scores
      Debt Credit Ratio


      Resources
      Business
      Business-B
      Credit
      Credit-B
      Debt
      Debt-B
      Financial
      Financial-B
      Financial-C
      Financial-D
      Financial-E
      Financial-F
      Financial-G
      Mortgage
      Other
      Other-B
      Services
      www.month-payday-loans.com


DebtConsolidation-Credit.com
Start by filling in the following Debt Form for a Free No Obligation Debt Consolidation Quote