Take Advantage of A Debt Consolidation Loan

Tips To Avoid Risk

Financial studies done on households show that most Americans are carrying around $10,000 in financial debt, much of it on bank cards. Trying to pay back multiple financial obligations creates headaches for many borrowers, and debt consolidation bad credit has become the main solution.

While there is benefit in collapsing several bad debts into a consolidation loan, there are certain pitfalls you need to avoid so as not to place yourself in an even worse financial situation over time.

What are some of the risks?

A debt loan consolidation from lenders that specialize in debt consolidation, compiles multiple bad debts into a single loan. You literally merge all outstanding debts into one debt and one monthly bill. Continue reading

The US Is Held In The Grip Of Odious Debt Not Incurred By Its Citizens

shiftfrequency.com  October 16 2013

This was too good to leave as just a comment. Thanks, A.L.

debt

The debt our ‘government’ incurred as a result of illegal and unjust wars, false flags, fraud, avarice, and corruption is odious debt and should not be something the American people and their tax dollars should be expected to pay. Odious debt is defined as:

“In international law, odious debt, also known as illegitimate debt, is a legal theory that holds that the national debt incurred by a regime for purposes that do not serve the best interests of the nation, should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state. In some respects, the concept is analogous to the invalidity of contracts signed under coercion.”

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