The old year is going out and I am all set to ring in the new one. New Year’s Eve is a time for many to go back and revive some of the cherished moments of the exiting year. I do it every year (and that too religiously) as the clock ticks away to welcome the New Year, I close my eyes and thank God for gifting me such precious moments. I am happy that I will be welcoming the New Year at my parent’s home; my sister and her two lovely kids will be joining us tonight for the celebrations.

With its ups and downs, the passing year has been like a graph. There were days when my daughter was suffering from acute asthma and I was sitting besides her in the hospital and praying to God “please take care of Angy”. And he did! I always knew that Angy would get better because I believed in Him and when “you have faith as small as a mustard seed, you can say to this mountain, “Move from here to there” and it will move. Yes faith, trust, reliance or belief whatever you name it, it is an important aspect of human life and is needed at every step we take, whether it’s about marriage, taking a job, struggling with an illness, or overcoming a handicap. Having faith in yourself is important; equally important is trusting your friends, family, your spouse and your near and dear ones. But remember faith in God is the cornerstone of all faiths. So, celebrate the essence of this very term “faith” tonight, just spare some moments for it and trust me you will be high on spirits

Wishing you guys a very happy and successful New Year.

In today’s plastic savvy world, each and every individual has a certain amount of debt that exceeds cash flow. When this amount turns unmanageable consulting a debt consolidation firm for suggestions and advices to get back on track becomes a necessity. But how will you know that you are the right candidate for debt consolidation?

The rule of thumb is to see whether your monthly payments for your bad debts exceed the good debt payments. If yes, then you might be a good candidate for debt consolidation. Consolidating your existing debts (such as car loans, credit card debt, student loans, revolving debts and hire purchase agreements) into one monthly payment will reduce the amount you repay each month with an additional benefit of simplifying your finances.

To get enrolled for a debt consolidation program is extremely simple. All you have to do is to get hold of the names of some of the reliable debt consolidation companies. Here I would like to add a few more words: “don’t jump into conclusions.”

Before signing any agreement shop around for the best offers and yes do check the success stories. It’s your money and your life so it’s of utmost importance that the firm where you will be getting enrolled should have a noteworthy amount of experience in the field and YES qualified consultants too! From guiding you in properly completing the debt consolidation form to look over your debt consolidation program, the consultant will help you in every phase of the program.

You can also consolidate your own debts. Rather than paying someone else to manage your money you can bring together all your debts into one loan by dealing with the creditors on your own. Though it can be a bit lengthy and nerve wracking job, but if you have patience and strong will then the journey towards debt free life won’t be too tough!

DebtCC community shares a special moment of having reached the 100,000+ members mark. Been through the good and bad moments, but still our members believed in the strength of the community and had the faith in us. We have always tried our best to keep this website running and provide you a platform on the internet so that you can share some happy moments of your everyday life.

Many people believe DebtCC website has been a God Sent to them. Our members are the real contributors on this board. Many of you have actively participated on the board and kept helping people in need and those who were even more stressed.

We started with 10, 20 in the starting few months. Then we got to 100, then 1000 and now you have this big number. It all happened since 2003 till date. And this group would not have stood so strong without your love and care.

Thanks everyone for having the faith in us. We believe in giving you back the same

luv ya’ll!!

Christmas time is a time to party hard, shop, eat out, and of course who can forget the gift frenzy! But wait…all of it can make you run up credit card and break your pocket. I’m sure that of all the weirdest and crazy things that appear on the Christmas wish-lists, Santa never gets such wishes “I want more debt”. But that is exactly what thousands and thousands of credit card users get on Christmas….more and more debt .

Holiday shopping is a temptation and it can lead to overwhelming debt so much so that people exhaust all their savings and investments to get out of it…but they still can’t get out of it. I have seen my cousin getting buried into Christmas credit card debt last year. His finances were out of control to that extent that he had to get enrolled in a debt settlement firm. Prior to settling his debts, he was in a desperate state; he was swimming in a pool of high rate credit card debt but now…he has reduced almost 56% of his debts and that too with in a year.

In the initial days he had shut himself from the world, he was embarrassed. He didn’t want to let all of us know about his financial position. He was getting statements in his mail but he ignored them, you know the typical “bury your head in sand and the problem will vanish” kinda attitude. But does the problem really go off? He got the answer but at that moment he was already in mess….credit card debt can be compared to a mold it grows wildly.

Better late than never…he started thinking of the way outs to get rid of the mess. He never considered bankruptcy as an an option because he knew that he owes the debt he has to pay it off…he did not want to run away from the problem anymore. He called up the credit card companies but at that time he could not afford to pay what they were asking. He did a bit of research on several debt reduction options and finally became convinced that debt settlement was the way to go.

But the road wasn’t smooth either….he had to work harder to save money for the settlement funds. The settlement amount was decided by the firm itself and while zeroing in on the amount his monthly expenses and budget were taken into consideration. The whole debt settlement program was tailored to fit in all his needs and it worked for him!! He does not use credit cards anymore.

I was really amazed at the change he have had after this whole experience, I spoke to him last week and he said “I probably get five to six credit card offers a day but I toss all of them. I’ll never go there again. Now I can start saving some money too”