Archive for December, 2009
This is how the stock market really works ;)
Posted on 16. Dec, 2009 by Company Bankruptsy Advice.
This is how the stock market really works:
Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.
The villagers seeing that there were many monkeys around, went out to the forest, and started catching them.
The manbought thousands at $10 and as supply [...]
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Cash loans with CCJ’s
Posted on 16. Dec, 2009 by Company Bankruptsy Advice.
Ive just received a loan offer through the post;
Apparently, I can borrow between 50 to 800
If I borrow 300 I can pay it back at 10.50per week the total I would pay back is 546
However, the typical interest rate is 272.4%
Sounds like a loan shark doesnt it, but its not Its an offer from Vanquis [...]
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“The most powerful force in the universe is compound interest” Albert Einstein.
Posted on 16. Dec, 2009 by Company Bankruptsy Advice.
Einstein was right (not for the first time in his life)
about compound interest. It is indeed the most powerful force in the universe.
Unfortunately though, most people are suffering from this
force. A few days ago I posted a blog
entry entitled How long will it take me to pay off my credit cards. This blog
entry used an [...]
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CREDIT CRUNCHING DEBT ADVICE
Posted on 16. Dec, 2009 by Company Bankruptsy Advice.
With stricter lending conditions and banks reluctant to let us borrow money, many people are in desperate need of some debt advice that can alleviate their debt management issues.
Professional solutions
Professional debt solutions such as Individual Voluntary Arrangements
(IVAs), Debt Management Plans (DMPs) and Trust Deeds do not involve
borrowing more money and do not require you to [...]
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Kerry Katona ‘will stay bankrupt’
Posted on 16. Dec, 2009 by Company Bankruptsy Advice.
Kerry Katonas bankrupt status will not be lifted for the foreseeable future, it has been claimed.
According to The Mirror,
the reality TV star had hoped that her financial woes would end this
month, but has been hit with a new setback after the Insolvency Service
won a bid to have her planned discharge suspended indefinitely on
July 14.
Katona was [...]
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