If used responsibly, credit cards are a great emergency loan source but can cause undue hardship to those who are not aware of the costs.
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It’s taboo to admit you’re mired in credit card debt, especially when everyone else around you is so intent on keeping up the appearance of prosperity.
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Gain a complete understanding of your money crisis and and how you can prevent defaulting home loan payments even in a financial crisis.
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To better manage and reduce debt, you have to be active, consistent, conscientious and punctual when making payments to your lenders.
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Mr Paul Ho, chief mortgage consultant at iCompareLoan said, “businesses need to apply loan when they do not need money.”
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