The debt crisis in developing countries was partly responsible for the deterioration in welfare levels in many countries in the eighties. It also resulted in the development of different models to analyse a situation whose starting point is a high debt. In this article, diverse aspects of this theory are presented. In the mid-eighties, the idea that a debt of […]

Dealing with debt settlement firms can prove a risky practice. Sometimes, such firms and companies promise more than they can provide to their clients. Some of your lenders may also avoid working with the debt settlement firm you chose because, in many situations, the debt settlement firm may not pay your debts entirely or in time. The firms often claim they […]

Debt consolidation is not usually a solution for most people because it does not solve the problem. Then, there is a danger that people – if they continue with that pattern of spending – to reach an even worse situation: keep borrowing more (they may have consolidated the debt but continue using credit cards just to pay for current spending). […]

It is really easy to ruin a credit rating. All you have to do is spend lots of money you don’t have, rack up a shed load of debt, and then don’t bother paying it back. Before you know it, creditors will be hunting you down and your name will be blacklisted everywhere. Unfortunately, this is exactly what happens to […]

Getting into forex trading can be a complicated process, especially for an inexperienced investor who hasn’t taken the time to do their own research. With so many account management and trader training services available online, it can be easy to just go ahead with the first service you see. However you should always take the time to research your options, […]

Trading FOREX (foreign exchange market, FX) has many advantages over trading in other markets; among the most significant benefits, worth mentioning: liquidity, 24hrs market, large leverage, low transaction fees, small initial investment, specialized trading procedures, and the possibility to trade from virtually anywhere in the world. 1. Operating 24 hours a day The FX market is open 24 hours a […]

Every business, big or small, needs a good cash flow in order to thrive. Without working capital, businesses cannot operate, much less expand. So whether you have already started a business of your own or are still in the process of developing one, you will surely need financing for it – and this is where several financing options come in. […]

Trading FOREX is a great investment opportunity for traders all around the world. Thus, the FOREX market (or FX market) has become very popular in the last time. The big bucks earned by several folks are an irrefutable proof that it works and it is worth a try. In this article I am going to cover the top advantages of […]

With all of the talk of economic decline, many people are afraid to venture into the world of home ownership. There are a number of benefits which come with home ownership, which is the reason you need to find a piece of property of your own. The first thing you have to do before you are able to buy a […]

Nowadays, globalization policies of businesses have made it convenient for consumers to transform their dreams into reality with the availability of easy finance. Just within a short time, by completing few formalities, you can draw credit to purchase a product or service of your choice. However, the time turns worse, when you are unable to repay the loan within the […]