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	<title>Debt SettlementUSA Blog</title>
	<link>http://blog.debtsettlementusa.com/</link>
	<description>Debt SettlementUSA Blog</description>
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	<managingEditor>info@debtsettlementUSA.com</managingEditor>
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	<pubDate>Mon, 31 Mar 2008 19:13:06 CST</pubDate>
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	<copyright>copyright (c) 2008 Debt SettlementUSA Blog</copyright>
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		<title>Debt SettlementUSA Blog</title>
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		<description>Debt SettlementUSA Blog</description>
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	<item>
		<title>Facing Your Financial Fears - I&apos;m Too Busy</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=31</link>
		<description><![CDATA[It's hard to believe that anyone these days is too busy to face their financial fears, especially when news headlines cite mortgage woes, foreclosures, and massive credit card debit.
Our public motto used to be &amp;quot;word hard, play harder&amp;quot;, but these days its harder and harder to avoid the obvious - we have to face our worst financial fears because they could become reality.
Earlier this month we asked you to do a little free association and set goals for your future which is important in the fulfillment of a happy, satisfied life.&amp;nbsp; However, you need a contingency bail out if the bottom falls out.&amp;nbsp; Your parents can't help you any more and you can't count on that guaranteed bonus at the end of the year.&amp;nbsp; Stop being too busy living the latte life and take an&amp;nbsp;inventory of your financial who, what, where, and when.&amp;nbsp; Sometimes facing our fears is the first step to financial freedom.
]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Tue, 25 Mar 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=31&#35;comments</comments>
		
		
		
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		<title>Financial Planning - Setting Goals</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=30</link>
		<description><![CDATA[The first step in setting up a financial plan is making a budget and sticking to it.&amp;nbsp; That means writing down everything you spend, and formulating a budget which will eventually allow you to do the things you dream about.
The second step in setting up a financial plan is formulating long-term financial goals.&amp;nbsp; If that presents a bigger challenge than you are ready to tackle right now; break them down into a number of short term goals.&amp;nbsp; What can you achieve in the next six months or within&amp;nbsp;two years?
The third step in setting up a financial plan is to educate yourself by reading books, taking classes, or meeting with a financial planner.
The fourth step in setting up a financial plan is to review your progress on a regular basis.&amp;nbsp; For instance, at the end of the month, did you stick to your budget and did you have extra money to put into savings?&amp;nbsp; Did you start a 401K plan?
By setting up smaller goals, you will eventually realize bigger dreams!]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Fri, 07 Mar 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=30&#35;comments</comments>
		
		
		
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		<title>Financial Planning - Free Association</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=29</link>
		<description><![CDATA[Mapping out a sound financial future is easier than you think!
First, set out some goals but allow yourself to do some free association.&amp;nbsp; Imagine that anything is possible.
Your goals can include:&amp;nbsp; &amp;quot;I want to send my children to college&amp;quot; or &amp;quot;I want to save money for a vacation&amp;quot; or &amp;quot;I need to plan my retirement&amp;quot;.
You can expand these goals to be more specific:&amp;nbsp; &amp;quot;I want to send my son to Georgetown&amp;quot; or &amp;quot;I want to save money for my vacation&amp;nbsp;in Provence&amp;quot; or &amp;quot;I need to plan my retirement which I envision as living&amp;nbsp;in a house&amp;nbsp;on Lake Geneva&amp;quot;.&amp;nbsp; Notice the words &amp;quot;need and want&amp;quot; ... and notice how just being more specific really opens you up to possibility that you can create your own destiny.
Sometimes just getting past&amp;nbsp;an &amp;quot;I need&amp;quot; goal&amp;nbsp;which could be&amp;nbsp;&amp;quot;I need to pay off my credit cards so I can begin to take regular vacations&amp;quot; can lead you to an &amp;quot;I want&amp;quot; goal.
In our next blog, we'll talk about actually setting the goals.]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Tue, 04 Mar 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=29&#35;comments</comments>
		
		
		
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		<title>Reality Check -- Life Without Credit Cards</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=28</link>
		<description><![CDATA[Reality Check -- Life Without Credit Cards
We applaud you for making the commitment to get out of debt, but realize that the reality of living without a credit card can present challenges.&amp;nbsp;
In some circumstances, keeping at least one credit card is needed for emergencies when the water heater goes out, or you find that your child needs new books for classes and they didn&amp;rsquo;t think to tell you about it until the day before they need them.

Although self-control and sound judgment certainly must enter into your decision about whether to use your card or not, there are other ways to decrease your day-to-day expenses;
&amp;nbsp;

    By bringing your lunch to work each day instead of going out, you are saving money on gas too! 
    Get a library card and start reading books instead of buying movies or adding premium channels to your cable system.&amp;nbsp; 
    Start taking public transportation a couple of times a week or begin a carpool with co-workers.&amp;nbsp; Not only you are saving gas money; you are also allowing yourself some extra time to actually read that book! 

Shop for clothes during sales events &amp;ndash; even if it means you might be buying for the previous season!&amp;nbsp; And, trends are fun, but a little goes a long way.&amp;nbsp; Classic styles will see you from one season to the next.]]></description>
		
		
		<category><![CDATA[Budgeting]]></category>
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Tue, 26 Feb 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=28&#35;comments</comments>
		
		
		
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		<title>Divorce and Money - Part Two</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=27</link>
		<description><![CDATA[The good news is there are several choices available to you and your spouse about the repayment of your shared debts, but the key to making it work is to stay in agreement with one another.&amp;nbsp; It may take several strategizing sessions to work this out, and you may even need to employ the assistance of a good financial planner, but it will be worth it in the long run.
First, stop accruing new debt by putting a freeze on your credit card spending.&amp;nbsp; While the two of you may agree to keep a card or two available for designated expenses, this isn&amp;rsquo;t the time to run up new debt or take out cash advances on your credit cards.&amp;nbsp; This is a great time to close out those department store cards with higher interest rates.&amp;nbsp; And never cut off your spouse without first letting them know of your plans to freeze the debt. 
]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Fri, 22 Feb 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=27&#35;comments</comments>
		
		
		
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		<title>Divorce and Money â¬ Part One</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=26</link>
		<description><![CDATA[Recently, we wrote about speaking openly with your fianc&amp;eacute; about your finances before you get married (see &amp;ldquo;Money Can&amp;rsquo;t Buy Me Love&amp;rdquo; posted on February 1, 2008).&amp;nbsp; As important as it is for a couple to understand about how they will jointly save funds for a future together and spend it on a well thought-out budget, it&amp;rsquo;s also vital to know where each individual stands if divorce becomes inevitable. 
Over 70% of all marriages that end in divorce are due to financial problems, and divorcing couples are likely to have as much debt as they have property.&amp;nbsp; Just as you would divide assets, divorcing couples need to assign responsibility for the debt.
Sometimes it&amp;rsquo;s as easy to acknowledge that one individual assumes responsibility for that debt which was brought into the marriage.&amp;nbsp; However, if you and your spouse have been married for a long time, you have a shared credit history, and allocating responsibility for the fair division of debts is the key to the success of your individual financial futures.]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Tue, 19 Feb 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=26&#35;comments</comments>
		
		
		
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		<title>Taking Care of Elderly Family Members â¬ The Cost of Moving a Parent into your Home</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=25</link>
		<description><![CDATA[If you are unable to afford to place your parent or elderly family member into an assisted living facility, perhaps you&amp;rsquo;ve thought of bringing them into your own home.&amp;nbsp; This arrangement can be quite costly, plus there is the additional burden of stress it upon all family members, which have agreed to this seemly &amp;ldquo;simple&amp;rdquo; arrangement.
First, do you have adequate space to accommodate the parent or elderly family member?&amp;nbsp; Has that space been remodeled to accommodate any physical handicaps?&amp;nbsp; Is the space located in a part of the home that is easily accessible should an emergency occur?&amp;nbsp; Will the parent or elderly family member be on their own for meals or will you supplement their care with home health care?&amp;nbsp; Is the home health care organization licensed or are you relying on the assistance of an independent agent?&amp;nbsp; Is the agent bonded?&amp;nbsp; Is the agent able to administered medicine or do you need to explore additional assistance from a medical provider?
If the cost of assisted living is huge, the cost of moving a parent or elderly family member into your home is overwhelming.
Regardless on which avenue you embark, it&amp;rsquo;s a commitment, which will affect the rest of your collective lives.&amp;nbsp; Be prepared and get information today.]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Fri, 15 Feb 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=25&#35;comments</comments>
		
		
		
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		<title>Taking Care of Elderly Family Members - The Cost of Assisted Living</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=24</link>
		<description><![CDATA[The cost of placing a parent or elderly family member into an assisted living facility is a huge expense.&amp;nbsp; Once application fees and room deposits have been settled, an individual most usually enters into a contract with the organization who operates the facility, paying a substantial buy-in, which is not refundable.&amp;nbsp;&amp;nbsp; So in essence, your elderly family member is purchasing the space into which they move cost them thousands of dollars.&amp;nbsp; Now add in monthly rent, meals and activities, and you have a better assessment of the true cost of assisted living.
Are you prepared for your financial future of your parent?]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Tue, 12 Feb 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=24&#35;comments</comments>
		
		
		
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		<title>Taking Care of Elderly Family Members - Intro</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=23</link>
		<description><![CDATA[As the Baby Boom Generation enters its fifties and sixties, there is no more talked about subject than taking care of elderly family members.&amp;nbsp; While Boomers are ready to embrace a more active adult lifestyle, their parents are finding themselves having to deal with the reality of moving into assisted living and nursing homes.
Although some Boomers are financially set and can afford the luxury of moving a single parent into their homes, there are several considerations, which come to the immediate forefront of this delicate, delicate issue.]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Fri, 08 Feb 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=23&#35;comments</comments>
		
		
		
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		<title>Tax Time Savings</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=22</link>
		<description><![CDATA[We've all heard about the stimulus package which is currently being implemented by Congress, and the big question being asked of all Americans is, &amp;quot;How will&amp;nbsp;YOU spend your refund?&amp;quot;
We strongly encourage clients of Debt Settlement USA to pay themselves first, and coudn't recommend a better use for your stimulus refund and/or your tax refund than helping yourself to become debt free.
Our negotiators can negotiate great deals any time of year but during the tax season, many creditors will negotiate special 'tax time settlements'.&amp;nbsp;&amp;nbsp; And, many credit card companies are hoping that their clients will use their stimulus refund to pay down their debt.
If you have funds saved to apply towards a settlement or anticipate receiving a refund of any kind, please contact your personal debt negotiator right away.]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Tue, 05 Feb 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=22&#35;comments</comments>
		
		
		
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		<title>Money Can&apos;t Buy Me Love</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=21</link>
		<description><![CDATA[
Back in the Sixties, a popular hit record coined the phrase, &amp;quot;Money Can't Buy Me Love&amp;quot;.&amp;nbsp; The troubadors were right on the money, so to speak, and the same advice could be played loud and clear today, and it is our&amp;nbsp;case in point:
A man and a woman are in a jewelry store buying an engagement ring. It is a big diamond and the woman is beaming with joy. However, a sales clerk comes up to the woman's fianc&amp;eacute; and advises him that he does not have a sufficient line of credit to pay for the merchandise.

A) Does the man spoil the day completely and tell his happy fiance that he cannot afford the big diamond?
B) Does the man pull his fiance aside and tell her that although he has sufficient credit to buy a diamond, the size of the ring will have to be smaller?
C) Should the couple have discussed their finances prior to becoming engaged and determine what money will be allotted for an engagement ring as well as the wedding itself.

We heartedly recommend answer C. Although discussing finances can be a difficult subject to address, especially when the event is at hand and a graceful exit isn't always available. However, it is vital to learn the exact nature of your significant other's financial status. Because if oneof the individuals has significant debt, that debt becomes the other person's significant debt. Nothing is more difficult to overcome at the beginning of a marriage than learning your new wife or husband is thousands of dollars in debt.
So remember, everyone wants a beautiful wedding day and some will go to no expense to have it become the most special day of their lives. If you can afford it -- great!
But if planning your wedding is going to put you into more debt than you can handle -- a burden you do not want in your first years of marriage -- think of affordable alternatives. Remember -- there are anniversaries that can be celebrated later in your life to accommodate a more frugal yet beautiful wedding day. Your frugality will also help you save for a home of your own (the most sought after dream of a married couple) or vacations to those places you've always wanted to visit.
Don't delay - make today the day you schedule a date to discuss your finances!
]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Fri, 01 Feb 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=21&#35;comments</comments>
		
		
		
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		<title>Teaching Kids About Money - Part Two</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=20</link>
		<description><![CDATA[
Children under the age of six certainly don't need an allowance, however they can learn how to count coins and begin to learn what each coin is worth.&amp;nbsp; Collecting quarters is great fun!&amp;nbsp; Invariably, it's a toy that catches the eye of a young child.&amp;nbsp; Find some inexpensive items at a Dollar Store and begin to show your child examples of what things are worth.&amp;nbsp;&amp;nbsp; So the next time your child says, &amp;quot;I want&amp;quot; they will truly appreciate what it takes to &amp;quot;earn it&amp;quot;.
Children ages six to eleven are becoming more responsible.&amp;nbsp; Not only can they earn an allowance, they need to practice spending money as well as banking and saving money.&amp;nbsp; And, yes, they even need to practice spending all it all on one &amp;quot;instant gratification&amp;quot; thing only to learn they have no additional money for something they really want or need.
While not every child earns their allowance; it is still terribly important for children to understand that money doesn't grown on trees and to be able to afford the things we need and want, we do in fact have to earn it!


]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Tue, 29 Jan 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=20&#35;comments</comments>
		
		
		
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		<title>Teaching Kids About Money - Part One</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=19</link>
		<description><![CDATA[


&amp;nbsp;
How did you learn to become financially responsible?&amp;nbsp; Was it something that was taught to you in school?&amp;nbsp; Was it something that was discussed often in your home, and did your parents take the time to nurture and instruct you in the fine art of handling money?&amp;nbsp; Or did you, like many, have to learn &amp;quot;the hard way&amp;quot; by running up debt on credit cards that you did not have sufficient funds to pay back in a timely manner?
&amp;nbsp;

Believe it or not -- it's never too early to start teaching your kids about money!&amp;nbsp; One of the first things young children understand is &amp;quot;I want&amp;quot;.&amp;nbsp; So why not take the time to instruct your child that with &amp;quot;I want&amp;quot; comes the responsibility &amp;quot;I earn&amp;quot;.]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Fri, 25 Jan 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=19&#35;comments</comments>
		
		
		
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		<title>Living Debt Free</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=18</link>
		<description><![CDATA[
Being &amp;quot;financially healthy&amp;quot; means more than just being out of credit card debt.&amp;nbsp; Becoming debt free and staying debt free means learning how to manage and handle money on a day-to-day basis as well as saving for your future.
Living a debt free life is a life-long commitment, and a wonderful learning tool to pass on to your children so that when life's obstacles do come their way, they are prepared to handle themselves accordingly.
Over the next several months we are going to focus your financial health with the intent to offer simple yet sound advice and give you a path on which you can complete your own research.

&amp;nbsp;]]></description>
		
		
		<category><![CDATA[Your Financial Health]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Tue, 22 Jan 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=18&#35;comments</comments>
		
		
		
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		<title>Managing Your Credit Card Debt</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=16</link>
		<description><![CDATA[Although most credit card companies allow a grace period during a billing cycle - when consumers are not charged a finance charge - your low interest rate can be affected if you don&amp;rsquo;t mail your payment in on time.&amp;nbsp;&amp;nbsp; In fact, most credit card companies will default automatically to a higher interest rate just after one missed payment even if you are still in the introductory period.&amp;nbsp; 
&amp;nbsp;
]]></description>
		
		
		<category><![CDATA[Managing Your Credit Card Debt]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Mon, 21 Jan 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=16&#35;comments</comments>
		
		
		
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		<title>Balance Transfers, Is The Offer As Good As It Sounds?</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=15</link>
		<description><![CDATA[Not everyone qualifies for an introductory &amp;ldquo;teaser&amp;rdquo; rate, even if the mailing you have received indicates you are &amp;ldquo;pre-qualified&amp;rdquo;.&amp;nbsp; In reality, the actual rate is calculated based on your credit score.&amp;nbsp; So once the introductory rate has expired, the APR can jump to standard rates (or higher).&amp;nbsp; Do you know your credit score?
&amp;nbsp;
]]></description>
		
		
		<category><![CDATA[Managing Your Credit Card Debt]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Fri, 18 Jan 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=15&#35;comments</comments>
		
		
		
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		<title>Balance Transfers, Is The Offer As Good As It Sounds?</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=14</link>
		<description><![CDATA[Some credit card companies charge a fee as high as 4% when consumers move their balances from one credit card to another, and this fee is in addition to the interest, which is added to an account. On a $5000 balance, the fee could be as high as $200 just to move your balance from one account to another.
&amp;nbsp;

&amp;nbsp;]]></description>
		
		
		<category><![CDATA[Managing Your Credit Card Debt]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Thu, 17 Jan 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=14&#35;comments</comments>
		
		
		
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		<title>Managing Your Credit Card Debt</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=12</link>
		<description><![CDATA[If you owe an average credit card balance of $5000 at a standard 18% APR, the average minimum payment is approximately $125/month.&amp;nbsp; That seems manageable, doesn&amp;rsquo;t it?&amp;nbsp; However, if you continue to make only the minimum monthly payments AND you never add another charge to this balance, it will take you 26 years to pay back the amount you owe.&amp;nbsp;&amp;nbsp;


It will take the average person 26 years to pay back a credit card balance of $5000 at a standard 18% APR, if only the minimum payment of $125/month is paid.
&amp;nbsp;


&amp;nbsp;

But that amount doesn&amp;rsquo;t include interest!&amp;nbsp; So in addition to the $5000 charged on the credit card, you will pay the credit card company an additional $7115 over the next 26 years in interest.
&amp;nbsp;

&amp;nbsp;


&amp;nbsp;
]]></description>
		
		
		<category><![CDATA[Managing Your Credit Card Debt]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Wed, 16 Jan 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=12&#35;comments</comments>
		
		
		
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		<title>Balance Transfers, Is The Offer As Good As It Sounds?</title>
		<link>http://blog.debtsettlementusa.com/index.cfm?CommentID=13</link>
		<description><![CDATA[Balance transfers are often a tool used by creditors to seemingly help customers manage their credit card debt.&amp;nbsp; However, if an offer seems too good to be true, it probably is.&amp;nbsp; Read the fine print on those balance transfers, which entice the unsuspecting public to move the balances from one credit card to another.&amp;nbsp; 
&amp;nbsp;
]]></description>
		
		
		<category><![CDATA[Managing Your Credit Card Debt]]></category>
		
			
		<author> (New User)</author>
		<pubDate>Wed, 16 Jan 2008 00:00:00 CST</pubDate>
		<comments>http://blog.debtsettlementusa.com/index.cfm?CommentID=13&#35;comments</comments>
		
		
		
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