When you deal with loans and debts most of the time, terms such as senior debt and junior debt are certainly familiar. For those of you who don’t know what a junior debt is, we are going to discuss this type of loan in this article. Junior debt is a phrase used to describe a subordinated debt. It is basically a debt with lower priority rating compared to other conventional debts; the conventional debts issued by financial institutions, on the other hand, are recognized as senior debts with higher priority ratings. As the name suggests, junior debt comes with several […]
Category: Tips
Get Out of Debt in 8 Life Changing Tips
Being in debt is not much fun at all. Maybe you have used payday lenders repeatedly, and are now struggling to pay them all back? It doesn’t have to be this way though. Sure, your situation might seem hopeless at the minute, but with a few adjustments to your way of thinking and lifestyle, you can get out of debt in no time at all. Here are 8 tips to help you get out of debt: Stop taking out more loans If you find yourself in a hole then stop digging. No matter how much you think that another loan […]
IVA Advice
For those having financial problems some IVA advice from a financial professional may be your best option to avoid crisis. If you are having trouble making payments to your creditors, chances are you are in the midst of some financial problems that are helping you on your way to financial crisis. When debt starts to mount, a lot of people feel like they just have nowhere to turn, and as a result they may begin to ignore their debt; this is the wrong way to go about solving a financial crisis. If this is your situation you could benefit from […]
Loans Against Your Car Don’t Have to be Scary – Get The Real Facts Today!
Financing your dreams is something that not a lot of people can honestly say that they’ve had the opportunity to do. When you have a big dream, you know it like nothing else in the world. It might feel scary and weird, but that’s the point — you’re supposed to get out of your comfort zone. You’re supposed to try out new things. You’re supposed to live the life that you want to live right now rather than waiting for an invitation. Sure, you might have friends and family trying to help you get things off the ground, but how […]
Getting out of debt – Chipping off the bulk
Are you in debt up to your eye balls? Are you having problems in managing all of the debt payments? Are you planning to file bankruptcy? If answer to all of these queries is yes, it is important for you to reconsider your plans. Even if you have too many debts, there are various other debt relief options which are going to help you get out of debt. In addition to the different debt relief options, it is also important for you to follow some other debt management strategies, which is going to help you to get at the root […]
5 Reason to pick up a Prepaid Card
Prepaid cards are known for being a safer and more convenient alternative option to your traditional payment methods. Aside from offering consumers a substitute to using cash, prepaid cards function similarly to your traditional debit or credit cards, allowing cardholders to make purchases in-store, shop online, withdraw cash from ATM machines and can be used anywhere that accepts credit cards. Here are five reasons why you should apply for a prepaid card today: No Credit Check Required If you have bad credit or no credit history at all, receiving approval for a credit card is nearly impossible. However, prepaid cards […]
Save Money On Your Kids’ School Lunches!
We all know that a healthy lunch is essential to enable kids to do their best at school and school lunches have improved significantly over the past few years. Healthy packed lunches, on the other hand, can cause parents significant worry. How do you know your child is getting a balanced diet and why is the healthier food always more expensive? The simple answer is that healthy food doesn’t have to be more expensive. In fact, the healthy options are often far more affordable. The key is to take care with your shopping list and avoid many of the common […]