| Debt Management: Reduce Financial Worries, have Smooth Life
Summary: Debt management plans help you to reduce your debt and interest burden and live a smooth life. These plans merge your entire debts into a single low-interest and borrower-friendly loan plan. People who are struggling to pay multiple credit card bills or feel being caught in the debt trap should opt for immediate and effective financial solutions. These people should consider the loan plans available in the UK financial market to avoid paying accruing interest charges. Those who continue to struggle with mounting credit card debts are simply wasting their hard-earned money, if they continue to battle with unrealistic interest charges. A simple loan plan could take away the suffocating effects of using plastic money. The rescuing options for people in such situations are opting for consolidation plans and availing effective debt advices as offered by several financial institutions.
Britons Face Billion-Pound Interest Payback
One in four people is struggling with their debts as Britons collectively face a 93bn annual bill for interest. At the same time, around three million people have taken out a debt consolidation loan to try to get on top of their borrowings. Borrowing through credit cards, loans, overdrafts and mortgages has hit almost 1.4 trillion, according to comparison website uSwitch.com. An estimated 9.5m people had "maxed out" on one form of credit during the past six months, while 38% have had a credit card application rejected, the group claims. But nearly two-thirds of these failed to close down their existing credit facilities, and instead went on to rack up a further 2,300 of debt on average. Overall, the research found that the average household has now amassed unsecured debts of 4,281.
Annual “Lambs to the Slaughter” ritual has begun
It's that time of the year again. Holiday spending was up another 5% this year to …. get this….. $457.4 Billion. As reported By Parija B. Kavilanz, CNNMoney.com staff writer in the article found here. That's right, billion with a “B". And, once the credit card bills begin to get delivered…. the slaughter will begin. Many might be thinking that I'm going to drone on about the high cost of credit, how long it will take to pay off those credit cards, fees, penalties, etc… Not this time. The ritual that I'm referring to is mortgage refinancing. Every year thousands of homeowners find themselves in a little trouble with last years spending habits. And this year many people are going to get the old Double Whammy with roughly 12% of adjustable mortgages coming due. Scratching their heads trying to figure out how they will make ends meet, refinancing (or debt consolidation) begins to look appealing.
Credit card industry tries to hook young people
All major banking institutions pay big money to colleges and universities for on-campus recruiting rights, offering students low initial interest rates and/or other sweetheart deals if they accept a credit card. The rest of us get solicitations through our phone or the mails.Seductive sales campaigns focus on high school graduates and for all kinds of items that TV, movies or society has told them they want, need, should have because they deserve it and others have, so why don't they? Car dealers offer "one-time sales events" to first-time wage earners, high-end electronic stores give 90-day-same-as-cash deals and guarantee that no one will be turned down, furniture showrooms offer newlyweds "no payments 'til next year," cell phones, Internet providers, cable companies, satellite dish outfits all make it sound as if you can't have a decent life without their help.All this has given birth to an additional parasite - the debt-consolidation, paycheck-cashing, payday-loan, instant-refinancing-of-your-car (and you get to keep your car - 'til they come to take it away) industry.Public schools teach kids how to drive, play sports, fit a condom, take birth control pills, find an abortionist or fill out a job application at McDonald's.
Lady Luck deserts Devizes
DEVIZES Town were the victims of bad luck as they lost 1-0 to Welton Rovers in the Toolstation league Premier Division at Nursteed Road last night. Welton scored the winner after 20 minutes but Devizes were unhappy after Ryan Trowbridge was elbowed in the lead-up. Adam Giles smacked a free kick against the bar and Daine O'Connor also hit the woodwork with a volley as Devizes sensed it was not to be their night. Devizes assistant boss Steve Hale said: "It was quite a tight game, I wouldn't say either side deserved to win it. "The players that have gone out there have worked hard and given everything. "But injuries and unavailability are really hurting us at the minute. With budget cuts it's really difficult to freshen the squad up." .
02.15 F. William Engdahl's "A Century of War" (Part II)
Conditions also let foreign banks and later the IMF provide loans that became an onerous debt bondage cycle. At the same time in 1974, 70% of surplus OPEC revenues were recycled abroad into equities, bonds, real estate and other investments as part of an exclusive OPEC decision to accept only US dollars for oil. It forced world nations to buy enormous amounts of dollars and do it when the currency was weak. This effectively replaced the gold standard with a "highly unstable (petrodollar) exchange system." Washington and New York banks planned to control it and thus benefit from artificially inflated oil prices. The scheme transformed the world economy and began an unprecedented transfer of wealth to an elite minority. Engdahl called it "a perverse variation on the old mafia 'protection racket' game." Third World agricultural and industrial development suffered so a select few could prosper.
Hollywood is getting hit where it hurts
Some people in Los Angeles are finally having to cut back on the bare necessities of life. I hear there has been a precipitous drop in business for tanning salons, trichologists and pet astrologers. The already unstable property market in the city is looking as shaky as the earth-quake-prone ground the properties stand on. A television producer told me that he has even made his wife stop her Botox injections. This measure has had the dual benefit of cutting doctor’s fees and shopping bills since his wife now won’t leave the house with her face in its natural state. .
Cutts Trial Blog Day 3: 'I'm Going To Kill That B----'
Oliver is expected to testify about more phone records. It is probable that he is the last witness of the day. I'll be back blogging tomorrow morning. 4:33pm McMurtry was asked if he looked for calls only between Jessie and Bobby Cutts Jr. or if he looked for other calls. He said that he asked Jessie's sisters to look at phone records and identify whom she was speaking to on her cell phone. He said that other people, besides Bobby Cutts, Jr. were being interviewed about their phone contact with Jessie Davis. They also interviewed people who had been talking on the phone to Bobby Cutts Jr. 4:29pm McMurtry is still on the stand, being questioned now by Defense Attorney, Myron Watson. They are still discussing phone records. 4:18pm McMurtry is now talking about riding with Cutts up to the Hampton Hills Metropark on Saturday, June 23rd.
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