Bottom line, many people by pulling back the reins, working hard to correct credit problems that have popped up over the last couple years are positioning themselves for
an improved financial future by building up the savings reserves, paying down debt, and responsibly getting some credit repair done when needed.
Not exact matches
NEW YORK — China's launch of its crude
futures exchange today will
improve the clout of the yuan in
financial markets and could threaten the international primacy of the dollar, argues a new report
by Hayden Briscoe, APAC head of fixed income at UBS Asset Management.
The truth of the matter is, you should be doing both in order to
improve your current
financial situation (
by paying off your debt) while building up a comfortable
future (
by investing).
For co-signers, this releases them from
future financial responsibility to that loan, and it may also assist them in
improving their own
financial profile
by reducing the amount of debt in their name.
Next, temper this bleak outlook with a ray of hope
by explaining how your
financial circumstance have
improved or are expected
improve; this reassures the lender that you'll be able to make modified loan payments in the
future.