Incline Village, NV Wed, May 25, 2011 – Zodiac Publishing Corporation, publishers of the Debt Free Bible announce the expansion of their debt free programs to include information on collections and debt settlement programs. The expansion stems from concerns that many consumers falling into common traps and finding themselves in even worse situations, all from efforts to pay off debt fast and become debt free.
“Many debt free programs on the internet can lead to more debt and more trouble,” says Jay Peters, owner of Zodiac Publishing. “We’re expanding what we offer with the Debt Free Bible in order to help address some of the issues related to these debt free programs and educate consumers about their rights, and risks involved in some of what is being offered.”
The company is adding more printed materials to what is shipped with their Debt Free Bible package, and is also expanding their offerings of free information online in an effort to better educate consumers.
According to Jay, the company spent several years and thousands of dollars developing their existing Debt Free Bible materials, and they continue to adjust and update the materials according to current trends, changing laws, and consumer needs.  Read more...

As you find ways to minimize the burden of the debt you carry, be that through a credit counselor or someone offering free bankruptcy advice, it’s important to understand your privacy rights in regard to debt collection practices in the meantime. Sure, debt collection agencies serve a purpose, and many of them are just doing their job, but even so, you have rights and there are limits on how far debt collectors can go.  Read more...

One of the best strategies that debt collection agencies employ is intimidation. They frighten people into agreeing with them even if the said person has questions about their debts.

Once people get frightened and intimidated, they become powerless in the face of these debt collectors.
Debt collection agencies are actually third-party private companies that are hired by larger companies to collect debt.

Normally, the debt collection agencies are commissioned on a fixed fee or a percentage of the collected debt.  Read more...

To stay out of debt, you must spend less money than you earn. Implementing this financial plan is often more difficult than it would seem. Your debt to income ratio is an important part of your overall credit history. If you spend more money than you earn, your debt to income ratio will be high, making it hard to finance a home or make major purchases. There are two basic factors are used in calculating your debt to income ratio – your net worth and your total debt. There are standard guidelines used in the credit industry to determine if your debt to income ratio is too high. The standard may be a bit low due to the fact that many have an acceptable debt to income ratio but still struggle to pay monthly expenses.  Read more...

If you have exhausted all other options when it comes to relieving debt, consider a debt consolidation loan. The best way to think of this type of financing is as a combination of several different debts or loans into one payment. The most common type of debt that needs consolidation is credit card debt, and a card debt consolidation has several advantages.  Read more...

I know it can be confusing which debt elimination program or strategy to choose. This article illustrates the differences between the various alternatives. The best debt relief option available to you depends mostly on the amount of your debt you carry and if you have the funds to reduce the principal balance on your own.  Read more...

Are you looking for debt management assistance? Do you want to resign debt free priority wise? If so, you can do this. Many are learning that this needs to be of great importance as the economy is so unstable right now. If you are living paycheck to paycheck, you need to make some changes to allow this to happen. You can retire debt free if you just do certain things. They aren’t always easy, but when you reach your goal and find that your financial worries are over, you will see the journey was worth it in every way.  Read more...

Although everyone’s economic status and situation is particular, almost all of us are in some sort of debt at any given time. This can mean small debts like credit card bills or in-store financing, as well as larger ones like outstanding loans and mortgages. What this means is that almost everyone is dependent on being allowed a certain amount of credit, and without credit many things that you take for granted will become difficult. The key to your credit status at any given time is your credit report that is maintained by a credit bureau. Once you fall into default, or miss payments to your creditors, your credit bureau will receive notice and you will find yourself saddled with a poor credit rating. Effective credit repair involves many different steps, and is particular to each individual’s situation. A good solution for most people in terms of credit repair, however, is debt consolidation.  Read more...