Dangers of Using a Credit Card and Ways to Overcome Them

Ready to get your new credit card? Afraid about potential danger related to credit cards? If yes, know about the risks and how you can overcome them. New credit card users are easy targets of credit card risks. When a person starts using a credit card, it looks like free money. Why only new users?
Tagged under: , , , , ,

Ways To Settle Debt Before Retirement

Retiring with debt is generally regarded as a fundamental financial sin: Every amount of money you owe decreases your income in retirement. But on the flip side, blindly categorizing debt reduction before retirement savings, especially for low-interest debt, can decrease your savings. Hence people nearing retirement need to consider the costs and benefits of settling
Tagged under: , , , ,

ALL YOU NEED TO KNOW ABOUT DEBT-TO-EQUITY RATIO

A company’s debt consists of its long-term debts such as loans with a maturity of more than one year. On the other hand, equity refers to the shareholder’s equity or what the investors in our business owners. Together, debt and equity both compose a company’s capital structure or how it finances its operations. The debt
Tagged under: , , , ,

5 Reasons Why You Should Avoid Bankruptcy?

When people get into debt, they immediately jump to bankruptcy. However, there are several ways to avoid bankruptcy. Basically, bankruptcy is the process in which you get the chance to replace or reorganize your debts through discharge. Also, you can follow a repayment plan which often lasts for 5 years. However, the process is stressful
Tagged under: , , , ,