Don’t Cut off Your Debt Nose to Spite Your Diploma Face

It’s a cute saying now: debt is big business. It’s the number one wealth generator for a handful of credit-issuing entities. The lines of credit you pilfer on iPods and tennis shoes is the interest rate credit card companies earn back and then some. Of course you never see the interest rate, until it’s jacked your monthly payments through the roof. No, it’s like a cancer. You never see the tumor, in most cases, until it’s too late.

Get moving, sparky. You’ve got start tracking down some debt settlement leads and starting getting proactive about your financial future — and freedom. The keys to the kingdom are within your reach. You just have to know where to find them.

Accruing more and more credit cards — which are designed to push you further and further down into debt — is not the answer. Yeah, it stinks, but the system doesn’t care about you one iota. What the system wants is you in debt for the rest of your life — at 25% interest.

Are you hungry for a fancy degree from a fancy school? Thinking about the Ivy League? Harvard? Yale? Brown? Nice. That diploma may well get you a decent job — or it may not. And you may be savvy enough to sidestep the credit card crunch, but lots of people lose their heads when it comes to academia. Unless you’ve got a tremendous college fund, chances are the only way you’re going to afford that $40,000 a year price tag is student loans.

Yeah, what they say is true: a student loan has the best interest rates around, but that’s not saying much. What good is a 3% or 5% or 8% interest rate when the principal is $150,000? You’ll be making payments of $300 a month for nearly 30 years at that rate! Sure, credit cards are bad, but so are student loans, hombre. Pick your poison, then think again, The name of the game is avoiding debt and cleaning credit, not making minimum payments for the rest of your life.

Hunt down the best debt settlement leads and start clawing your way out of debt. Wait on that fancy degree, and get debt free first.

categories: debt settlement leads