My guest today was Ian Penny, a Bankruptcy Trustee from Newfoundland and Labrador who explained that in a boom and bust economy it's important to be proactive and get
ahead on your debt payments while times are good so that you're ahead of the game during the down times.
Not exact matches
Depending
on your circumstances, variable rate student loans could help you save
on interest, lower your monthly
payments, and even pay off your education
debt ahead of schedule.
Dublin has pressed
ahead with a plan to defer a $ 3.06 bn cash
payment due
on its banking
debt in a move it hopes will ease its return to international bond markets in late 2013.
Preparing
ahead of time for homeownership, understanding your loan and
payment, paying
ahead on your loan and refinancing to get the best interest rate available are all ways to reduce your interest
payment and free yourself from your mortgage
debt faster.
Making
payments on all these different types of
debt can be tough, and getting
ahead might seem impossible.
Balance transfer credit cards can be a great tool for someone who is burdened by high - interest credit card
debt and is having difficulty getting
ahead on payments so that the balance is paid off.
They could also in theory do this if they were somehow able to make extra mortgage
payments and get
ahead on their total
debt.