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Articles by Francis Mwendo

  • Debt collection-Facts vs. force
    The title ‘debt collector’ is self-explanatory and clearly states what such a person does. If you owe money to a lender and there has been a delay in payments over the past few months the lender may choose to either use their in-house service or employ a specialized debt collection service provider.
    Published 24Feb2007, viewed 385 times
  • Hidden Dangers Of Student Loans
    Knowledge may be free but education sure is not! That’s the irony of life. Today in keeping with the rising inflation in all other areas of our economic life, education costs have also risen.
    Published 10Feb2007, viewed 381 times
  • Why Credit Cards are a Financial Liability
    Quite a lot of people who prefer to use credit cards regularly and for almost all transactions, weather necessities or luxuries. They do this in the mistaken belief that not paying for the same in cash is a form of saving.
    Published 27Jan2007, viewed 345 times
  • Why a Credit is not a saving but a Financial Liability
    There are however quite many people who prefer to use credit cards regularly and for almost all transactions, whether necessities or luxuries. They do this in the mistaken belief that not paying for the same in cash is a form of saving.
    Published 06Jan2007, viewed 452 times
  • Expensive or Cheap Loans = Money lost or saved
    When you decide you require a loan, you must determine how much you really need? Also budget your expenses and know how much you can afford to pay in monthly installments as well.
    Published 08Nov2006, viewed 314 times
  • Turned Down Elsewhere? There Is Hope!
    The reasons could be many. Being turned down by one lender would not necessarily mean that all is lost. It should be viewed as an opportunity to source a better deal.
    Published 27Oct2006, viewed 458 times
  • The Expressway To Freedom From Debt !
    Debt management is the root to debt freedom. It is a fact of life that the longer we are in debt, the more interest we pay. For example, if we have taken a 20 year term housing loan, the total amount of interest we will pay over that long period may eat away our financial resources a great deal. It will also be money that could have been put into better use. It therefore makes good sense to clear your most expensive debts first and do it fast.
    Published 28Sep2006, viewed 319 times

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