Prisoner in Paradise Seeks Lifeboat
by Scott Bilker
Aloha Scott! I have about $20,000 spread over five cards (in three years time) in non-frivolous, "survival" debt racked up from rough times lately and inconsistent work, yada, yada, yada. I've been making minimum, never late payments and the occasional "transfer dance" to take advantage of lower interest rate offers. But man! Am I tired of the Dance!! --Roland
Follow up to "Jenni the Bill Collector"
by Scott Bilker
I received many responses to the last article, Jenni the Bill Collector. As you may guess, the negative remarks about the article came from bill collectors and the positive article comments from people harassed by bill collectors (the majority). But one response stood out so much that I had to share this with everyone.
DebtSmart Email Newsletter: 5/5/04
by DebtSmart Email Newsletter
In This Issue; Cool Quote; Letter from the Publisher; Alexa Toolbar Follow-up to Jenni the Bill Collector; Household Math™: What does Jenna owe? I bet I can save you thousands of dollars! Finding Motivation: What to do when you don't feel like doing anything; DebtSmart Help Center; Whatever you do...DON'T SAVE ANY MONEY!; DebtSmart® Resources; Subscribe/Disclaimer Information
Whatever you do...DON'T SAVE ANY MONEY!
by Doris Dobkins
No, that's not a misprint. Even though falling interest rates are good when you want to get a loan, they are bad for people with savings accounts.
Finding Motivation: What To Do When You Don't Feel Like Doing Anything
by Chris Widener
The measure of your success usually comes down to who wins the battle that rages between the two of you. The 'you' who wants to stop, give up, or take it easy, and the 'you' who chooses to beat back that which would stand in the way of your success--complacency.
Household Math™: What does Jenna owe?
by Scott Bilker
Jennafer read Scott Bilker's, Talk Your Way Out of Credit Card Debt and called her credit-card bank in the hopes of reducing her interest rate. Armed with the techniques from the book she was successful at reducing her rate by 5 percent to 9.9 percent! After doing the math she calculated that she would pay the debt back one year faster and save a total of $3,012! How much does she owe the bank--what is her balance now?
Jenni the Bill Collector
by Scott Bilker
I am a bill collector. What a lot of people forget is that what we do is our job. We do not come to your office and cuss you out because you wanted an 8:00 meeting. Under the FDCPA (Fair Debt Collection Practices Act) we are legally allowed to call from 8:00 am until 9:00 pm your local time.
One Saved is Two Earned
by Doris Dobkins
Most of us will do anything to earn a few extra dollars but are we just as willing to spend a few hours looking for the best deal when we make a purchase?
Household Math™: Debt Snowball (Myth or Magic): Paying Back Lower-Balance Cards First
by Scott Bilker
David Sheepsley has two credit cards with balances. Card A has a balance of $8,000 at 19.8% and minimum payments of $160 per month. Card B has a balance of $6,000 at 5.9% with minimum payments of $120 per month. David has a total of $400 per month to use for repaying his credit cards. What's the better plan for David?
DebtSmart Email Newsletter: 4/7/04
by DebtSmart Email Newsletter
In This Issue; Cool Quote; Letter from the Publisher; Jenni the Bill Collector; Household Math™: Debt Snowball (Paying Back Lower-Balance Cards First) Bundle of Money Saving For Your Child's Education: Can Using a Credit Card Today Help You to Avoid Debt in the Future?; DebtSmart Help Center; One Saved is Two Earned; DebtSmart® Resources; Subscribe/Disclaimer Information
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