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Debt Management Ratings Article
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Will a Debt Management Program Help You?
from:A debt management program is an outstanding tool for many people. For other people, it may not work too well. Because your debt is different from the next persons, you need to find the best way to pay it off yourself. There are actually many ways that you can do this, but the ultimate goal you have is to work with a failsafe debt management plan that will get you out of debt within a few months to a few years. With the right program, this is very much possible.
Who Benefits?
The right debt management program is a must for those in debt. You will benefit from this program if the following is true.
• You have unsecured debt like personal loans and credit cards that you need to pay off
• You are struggling to make payments on your debts
• You have been unable to work directly with your creditors to get out of debt, which sometimes includes rate reductions or debt settlements
• You have the willingness to stick to a budget and allow for monthly withdrawals from your checking account to pay down your debt.
• You are willing to work hard to pay off your debt for the next few months so you can be debt free into the future
These are just a few of the people that will benefit from a debt management program. You do need to take into consideration all of the debts you have, your current income as well as your overall financial goals.
Will It Not Work For You?
A debt management program will not work for some people. For example, part of the process of working with your creditors to lower monthly payments is developing a budget and sticking with it. During the first meeting you have with a debt management professional, you will need to outline a budget with them, which takes into account just about any expense you have. From here, any left over money will be used to pay down your debts through the program. If there is no money left over, you do need to consider increasing the amount of work you do or find another way to have more funds available or the debt management program will not work for you.
While a debt management program does not work for everyone, for most people it will. Take some time to meet with and discuss your situation with a qualified debt management program specialist or counselor. They will answer your questions and give you the results you need.
Debt Management Ratings News
Fitch Affirms Province of Quebec at 'AA-'; Outlook Stable - MarketWatch (press release)
Fitch Affirms Province of Quebec at 'AA-'; Outlook Stable MarketWatch (press release) Inability to achieve a return to budgetary balance and resumption of debt burden reduction by the province's fiscal year (FY) 2014 target. The province's Long-term 'AA-' rating and Short-term 'F1+' ratings are based on its careful financial management, ... TEXT-Fitch affirms Province of Quebec |
Fitch Rates Virginia Beach Development Authority, VA's $49.8MM Revs 'AA ... - MarketWatch (press release)
Fitch Rates Virginia Beach Development Authority, VA's $49.8MM Revs 'AA ... MarketWatch (press release) CREDIT-POSITIVE DEBT POSITION: Prudent debt management policies have resulted in moderately low and stable debt levels, as has significant pay-as-you-go capital funding which Fitch also considers important as a budget relief valve should the city ... Fitch Affirms Gainesville, FL's Non-ad Valorem Bonds at 'AA-'; Outlook Stable |
TEXT-Fitch revises SEACOR Holdings outlook - Reuters
TEXT-Fitch revises SEACOR Holdings outlook Reuters May 24 - Fitch Ratings has affirmed SEACOR Holdings' (SEACOR; NYSE: CKH) Issuer Default Rating (IDR) and debt ratings as follows: --IDR at 'BBB-'; --Senior unsecured credit facility at 'BBB-'; --Senior unsecured notes at 'BBB-'. The Rating Outlook is ... Fitch Affirms Florida Turnpike Enterprise Turnpike Revenue Bonds at 'AA ... TEXT-Fitch revises Newfield Exploration outlook to stable from positive |
TEXT-S&P affirms Kinder Morgan, El Paso Corp ratings - Reuters
TEXT-S&P affirms Kinder Morgan, El Paso Corp ratings Reuters We are raising El Paso's unsecured rating to 'BB' from 'BB-' and are removing it from CreditWatch with developing implications. The ratings upgrade of El Paso's unsecured debt reflects the retirement of its secured debt. The outlook is stable. |
McDonald's Bonds Tie Higher-Rated IBM Record: Corporate Finance - BusinessWeek
 Bloomberg | McDonald's Bonds Tie Higher-Rated IBM Record: Corporate Finance BusinessWeek “It's international, so if Greece blows up, it's not like McDonald's is going to come out and say, 'Our quarter's shot,'” Andrew Feltus, who helps oversee about $11 billion of high-yield debt at Pioneer Investment Management Inc., said in a telephone ... McDonald's Matches IBM's Record-Low 7-Year Coupon At 1.875% |