blueunicornapopka asked:


Most of my debt consists of medical bill leftovers (the amount after insurance) that has gone to collection. I have not seen anything that deals with those types of bad credit. They say medical is not supposed to affect your credit but it does.

Lisa J asked:


I filled out an online application for information about getting rid of debt, and I’ve heard that you can legally eliminate your debt?? I’ve know that Settlement is a good option, but not sure about Elimination. Anyone know?

burned11 asked:


I have a full-time job, i live at home with mom and still can’t get out of debt. I don’t spend money foolishly, except for going out to the bars. So obviously I know you’ll say to stop doing that. But I would like some input on how else I can slash my debt.

Many mortgage holders are finding their current mortgage deals coming to an end and are thinking about moving to a new mortgage to save outgoings. But is it always the case that a lower rate mortgage costs less in the long run?br /
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On the face of it, if you can reduce your monthly mortgage outgoings by half a percent then you could be saving yourself a lot of monthly expense. This could be a reduction that you can spend elsewhere or if you are unlucky and expecting a huge rise in mortgage costs, just a reduction in the increase of the monthly cost.br /
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Using mortgage comparison tables tell you what mortgage is the cheapest on the market right now, but is it available for you? More importantly, will it actually reduce your outgoings in the long term?br /
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Although interest rates have tumbled at the moment and are expected to continue this way for some months, some experts believe a reduction is on the cards in the short term. So if you lock into a 2-year, 3-year or longer a href=http://www.comparemortgagerates.co.uk target=_blankmortgage with a fixed rate/a, by the end of the term you might be paying more than a variable mortgage if you had stuck it out.br /
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On the other hand, we might be surprised by a recovery and interest rate rises and then you would be in pocket. Thats the nature of this game. But this isnt the only area in which you could be paying a lot more than you need to.br /
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Look carefully at those best mortgage offers that you see in mortgage charts and read the small print. Look for the upfront fees - arrangement fees, legal fees etc. Take a look at your existing mortgage, how much is involved in closing that? There may be exit and deed release fees. These fees may also exist in the new mortgage - are they significantly higher than the current mortgage - thats effectively a cost for the future?br /
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When you look at these fees, how much will you be paying to switch your mortgage? Many lenders allow you to add this to the borrowing, but then you are paying more interest on them for the life of the mortgage. Even more outgoings each month!br /
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If you are able to pay these fees at the time of the move then in the long term that way is going to cost less. But then look at your existing mortgage. If you are having to pay £2,000, maybe even more to switch mortgage, could you instead pay off a small chunk of the mortgage, or at least put that cash away in a high interest account instead? Then take a look at how that would reduce your payments - or work out what your net payments are after the money put aside earns some interest.br /
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Changing to a new bank may not always be the right thing to do. First, speak to your building society and see what monthly charges they can get you down to with your existing mortgage. Then, instead of relying on tables to a href=http://www.comparemortgagerates.co.uk target=_blankcompare the best mortgage rates/a, speak to a few mortgage brokers and get them to do all of the maths for you and write down exactly what you will be left paying each month.br /
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Read expert suggestions about a href=http://freeforextradinginfo.com/how-to-find-best-forex-signal-provider-free-forex-trading-signals-software-tips-no-forex-signal-reviews-involved/ target=_blankfree Forex signals/a - welcome to your individual tips store.

derrick d asked:


My credit score is not that good but I have a good paying job had to send family tons of money I live in a home now i rent with the buy option is there any company that will pay off my debts and finance my home that i have been living in for two years so that i can get out of debt is this possible.