Essays on Debt

Debt is the amount of money which is owed by one party to another. There are different kind of debts. Debt can be in either way good or bad. Sometimes it gets complicated and sometimes it changes people’s life with the correct use of money. Since population is increasing day by day more people are...

Debt Solutions Debbie was a single mom who owed over 30,000Euros. This would have been hard enough, but she was earning just $40,000 a year when she started her debt pay off. With her income not just adding up, she knew she needed a good debt solution to tackle her debts. There are many ways...

It might be that student loan you took years ago, or that mortgage that your servicing, or even that balance on your credit card.A recent study, conducted by the BBC Financial Report, indicated that one in every 4 Brits is under some form of credit. The number is staggering for those in serious debt situations....

Types Of Debt It all started innocently enough for David. While in college, he had to apply for a student loan, to help him with his school cost and books. Then he up his game when they told him he was qualified enough for a credit card.He initially began with small minimum payments. He realized...

There’s a well-known maxim that free debt advice is worth unequivocally what you pay for it. That might be legitimate here and there anyway in case you need counsel about your debts, there are places you can run with the desire for complimentary debt supervision that will be both helpful and worthwhile. A critical number...

Interest is not allowed in Islam. That is mean that the creditor cannot charge any extra amount to the debtor but on the other hand, the debtor also cannot pay less than the amount borrowed unless the creditor gives discount, which is religiously recommended but it is solely at the creditor’s consideration. If the debtor...