No Credit Needed Debt Reduction Guide Section Two: Moving Beyond The Basics Reduce Monthly Interest Charges: Send minimum payments and extra payments as early in the payment cycle as you possibly can. This reduces your average daily balance which reduces the amount of interest charged. Transfer Balances Carefully: Consider transferring debt from one creditor to another, but be smart. If…
Author: NCN
Debt Reduction Guide: Getting Started
No Credit Needed Debt Reduction Guide Section One: Getting Started Tools: pen / paper / calculator / most recent bank statements / loan documents / credit card statements Calculate Total Starting Balance: List all of your debts – Create columns to list creditors, balances, due dates, minimum payments, and interest rates. Add up all balances – This amount is your…
How My Fellow Money Blog Network Members Have Helped Save Me Money
As many of you know, No Credit Needed is a member of the Money Blog Network. I’m consistently impressed by my fellow members – and the content of their sites. I thought it would be cool to highlight a few of their posts, and how those posts have helped me save money and kept me informed. A few months ago,…