Wednesday, January 5, 2011
Monday, September 7, 2009
Look No Further Than Non Profit Debt Consolidation
Finding a strategy to deal with personal debt is essential for many people these days.There are a number of wonderful reasons why you must look at employing a non profit debt consolidation company when looking to payback your debt with one standard payment. This text will give you a company name which you can look into if necessary but the most vital thing to remember is a non-profit will often charge lower charges than a for profit debt consolidation company will. Lower costs are a feature of not for profit debt consolidation companies. One thing to consider when having a look at for profit debt consolidation companies is that there were numerous trick artists and this is an issue that is also correct with nonprofits debt consolidation agencies so you will need to be sure to test out how long the co. has been in business before using them and giving them your delicate non-public and cash info. You may also check with your local Better Business Bureau to establish if any major problems are filed against the company you are considering working with.
They can help you develop a repayment agreement for your obligations by chatting with firms to lower your payments possibly for receiving their money over a larger period of time.
If you are hunting for info on credit card debt click here.
Often when anyone goes to a non-profit debt consolidation agency, she or he goes at the crossroads when the debt is overpowering and takes up lots of the available earnings that that person makes. A non-profit debt consolidation corporation should look to have you pay back the bills in a way which still allows you to live your life in a cosy fashion. Following is an example of a good not for profit deb consolidaiton firm. This company's name is Credit Support Services and they can offer excellent Non Profit Debt Consolidation services.
The Corporation has been around for a few years and is a player in the not for profit sector of the debt consolidation market. They offer a variety of other services and it is brilliant idea to chat to one of there advisors to work out if they can offer some more tailored advice to your financial situation. Non-profitable debt consolidation can be superb for you as you may constantly receive free credit support and budget management included with your debt consolidation plan.
It's correct, some not for profits can find some way to build some additional costs into the debt consolidation plan. This info should give you a helicopter view of the advantages of a non profit debt consolidation company. If you are overpowered with debt, a non profit debt consolidation company might be the only option. Occasionally if it looks too good to be true, it just could be.
You can use the example of Credit analysis Services if you don't know which company to use
They can help you develop a repayment agreement for your obligations by chatting with firms to lower your payments possibly for receiving their money over a larger period of time.
If you are hunting for info on credit card debt click here.
Often when anyone goes to a non-profit debt consolidation agency, she or he goes at the crossroads when the debt is overpowering and takes up lots of the available earnings that that person makes. A non-profit debt consolidation corporation should look to have you pay back the bills in a way which still allows you to live your life in a cosy fashion. Following is an example of a good not for profit deb consolidaiton firm. This company's name is Credit Support Services and they can offer excellent Non Profit Debt Consolidation services.
The Corporation has been around for a few years and is a player in the not for profit sector of the debt consolidation market. They offer a variety of other services and it is brilliant idea to chat to one of there advisors to work out if they can offer some more tailored advice to your financial situation. Non-profitable debt consolidation can be superb for you as you may constantly receive free credit support and budget management included with your debt consolidation plan.
It's correct, some not for profits can find some way to build some additional costs into the debt consolidation plan. This info should give you a helicopter view of the advantages of a non profit debt consolidation company. If you are overpowered with debt, a non profit debt consolidation company might be the only option. Occasionally if it looks too good to be true, it just could be.
You can use the example of Credit analysis Services if you don't know which company to use
Thursday, July 16, 2009
SEC Votes to Propose New Disclosures on Muni-Markets
WASHINGTON -- Municipal debt issuers may soon have to disclose more information to investors under a measure the U.S. Securities and Exchange Commission voted to propose Wednesday.
The agency unanimously agreed to consider rule amendments that would shed more light on certain municipal issuers by strengthening and expanding the list of events that they must disclose in a new electronic database. It also would for the first time expand the disclosure rules to cover municipal securities known as variable rate demand obligations -- a type of long-term bond with short-term characteristics that represent 38% of all municipal securities trading volume.
"Since becoming chairman of the Securities and Exchange Commission, I have focused on the disparity between the level of information available to investors in municipal securities versus information available to investors in corporate securities," SEC Chairman Mary Schapiro said.
"This disparity is all the more concerning because of the significant retail participation in the municipal securities markets. At the end of 2008, individual investors held approximately 36% of outstanding municipal securities directly and up to another 36% indirectly through mutual funds and closed end funds."
The possible new amendments to rule 15c2-12 represent the SEC's efforts to expand what limited authority it has now over municipal securities, which are exempt from registration requirements.
Right now, the SEC is only able to indirectly regulate some municipal issuers through its authority over broker-dealers. The rule allows for some disclosure of municipal securities by requiring broker-dealers who underwrite them to enter into agreements with issuers to receive continuing disclosures. It prohibits brokers, dealers and municipal securities dealers from purchasing or selling certain municipal securities unless issuers contractually agree to make key information such as annual financial statements and notices of certain events like payment defaults available to investors.
The proposed changes will put the burden of additional disclosures on both issuers and so-called conduit borrowers, such as a nonprofit hospital which may obtain financing for a project from a local government.
The SEC has been eying ways to expand its authority over the municipal securities market for a while, but the financial crisis has created a greater sense of urgency as municipal, county and state governments struggle to balance budgets. Some municipalities and counties, most notably Jefferson County, Alabama, have faced credit-rating downgrades and possible bankruptcy after their use of over-the-counter derivatives backfired.
The proposed amendments would require disclosure of events that may adversely affect a bond's tax exemption, including issuance by the Internal Revenue Service of proposed and final decisions about whether a bond can be taxed.
It also seeks to strengthen and expand the disclosure of important events and make those listings available to investors in a more timely manner.
Currently, underwriters must have a reasonable belief that a state or local government has agreed to provide ongoing disclosures. But some of the events on that list, such as failure to make interest payments and rating changes, must only be disclosed if they are deemed "material."
Under the SEC's proposal, that provision would be amended by eliminating the need for a material determination on a handful of events.
The SEC is also seeking to expand the list of events that must be disclosed by adding several new items: tender offers; bankruptcy or insolvency of an entity obligated to make payments; mergers, consolidation, acquisitions or the sale of most assets; and the appointment of a successor or trustee or a change of the name of a trustee if deemed material.
Such notices would need to be filed no more than 10 days after an event occurs, which is a stark difference from the current rules which only call for a filing "in a timely manner."
The proposed rule changes also target variable rate demand obligations, which bear interest at a rate that is reset periodically and typically are backed by a guarantee by a bank or other financial institution.
But some commissioners, including Ms. Schapiro, indicated they don't believe amending this rule goes far enough and they plan to ask Congress for additional powers to regulate municipal securities directly.
"Much more needs to be done to put disclosure about municipal securities on par with disclosure about corporate securities," Ms. Schapiro said.
Commissioner Luis Aguilar, a Democrat, added that he wishes Wednesday's proposal was also able to incorporate information about swaps and other over-the-counter derivative contracts that issuers may utilize. The SEC has extremely limited powers over derivatives unless Congress approves new derivatives regulations.
The agency unanimously agreed to consider rule amendments that would shed more light on certain municipal issuers by strengthening and expanding the list of events that they must disclose in a new electronic database. It also would for the first time expand the disclosure rules to cover municipal securities known as variable rate demand obligations -- a type of long-term bond with short-term characteristics that represent 38% of all municipal securities trading volume.
"Since becoming chairman of the Securities and Exchange Commission, I have focused on the disparity between the level of information available to investors in municipal securities versus information available to investors in corporate securities," SEC Chairman Mary Schapiro said.
"This disparity is all the more concerning because of the significant retail participation in the municipal securities markets. At the end of 2008, individual investors held approximately 36% of outstanding municipal securities directly and up to another 36% indirectly through mutual funds and closed end funds."
The possible new amendments to rule 15c2-12 represent the SEC's efforts to expand what limited authority it has now over municipal securities, which are exempt from registration requirements.
Right now, the SEC is only able to indirectly regulate some municipal issuers through its authority over broker-dealers. The rule allows for some disclosure of municipal securities by requiring broker-dealers who underwrite them to enter into agreements with issuers to receive continuing disclosures. It prohibits brokers, dealers and municipal securities dealers from purchasing or selling certain municipal securities unless issuers contractually agree to make key information such as annual financial statements and notices of certain events like payment defaults available to investors.
The proposed changes will put the burden of additional disclosures on both issuers and so-called conduit borrowers, such as a nonprofit hospital which may obtain financing for a project from a local government.
The SEC has been eying ways to expand its authority over the municipal securities market for a while, but the financial crisis has created a greater sense of urgency as municipal, county and state governments struggle to balance budgets. Some municipalities and counties, most notably Jefferson County, Alabama, have faced credit-rating downgrades and possible bankruptcy after their use of over-the-counter derivatives backfired.
The proposed amendments would require disclosure of events that may adversely affect a bond's tax exemption, including issuance by the Internal Revenue Service of proposed and final decisions about whether a bond can be taxed.
It also seeks to strengthen and expand the disclosure of important events and make those listings available to investors in a more timely manner.
Currently, underwriters must have a reasonable belief that a state or local government has agreed to provide ongoing disclosures. But some of the events on that list, such as failure to make interest payments and rating changes, must only be disclosed if they are deemed "material."
Under the SEC's proposal, that provision would be amended by eliminating the need for a material determination on a handful of events.
The SEC is also seeking to expand the list of events that must be disclosed by adding several new items: tender offers; bankruptcy or insolvency of an entity obligated to make payments; mergers, consolidation, acquisitions or the sale of most assets; and the appointment of a successor or trustee or a change of the name of a trustee if deemed material.
Such notices would need to be filed no more than 10 days after an event occurs, which is a stark difference from the current rules which only call for a filing "in a timely manner."
The proposed rule changes also target variable rate demand obligations, which bear interest at a rate that is reset periodically and typically are backed by a guarantee by a bank or other financial institution.
But some commissioners, including Ms. Schapiro, indicated they don't believe amending this rule goes far enough and they plan to ask Congress for additional powers to regulate municipal securities directly.
"Much more needs to be done to put disclosure about municipal securities on par with disclosure about corporate securities," Ms. Schapiro said.
Commissioner Luis Aguilar, a Democrat, added that he wishes Wednesday's proposal was also able to incorporate information about swaps and other over-the-counter derivative contracts that issuers may utilize. The SEC has extremely limited powers over derivatives unless Congress approves new derivatives regulations.
Wolverine World Wide, Inc. Announces Financial Results for Second Quarter 2009, Raises Full-Year Earnings Guidance
ROCKFORD, Mich., July 15 /PRNewswire-FirstCall/ -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for its second quarter of 2009 and raised full-year earnings per share guidance.
Adjusting for the negative impact of changes in foreign exchange rates due to a stronger U.S. dollar, revenue declined only 3.1% in the quarter. An excellent performance in the U.S., driven primarily by the Merrell brand and by the acquisition of the Chaco brand earlier in the year, was offset by challenging trading conditions in many major global markets. Reported revenue in the second quarter was $246.4 million, a decline of 7.8% versus the prior year.
During the quarter, the Company continued to implement its 2009 strategic restructuring plan, which is focused on generating significant efficiencies across the business. Non-recurring restructuring and related charges of $7.9 million, or $0.11 per fully diluted share, were recorded in the quarter, of which $3.1 million were non-cash charges. Adjusting for these charges, fully diluted earnings in the quarter were $0.27 per share, compared to $0.33 per share in the prior year. Reported fully diluted earnings were $0.16 per share.
"We are pleased with our second quarter results, which were driven by our ability to grow proven brands and extend the global reach of new brands," stated Blake W. Krueger, the Company's CEO and President. "During the quarter, we achieved a double-digit increase in our Merrell business in the U.S. and got off to a strong start with the Chaco brand. Company revenue was above our internal plan for the quarter, which helped contribute to solid earnings results. Harley-Davidson and Sebago each posted revenue increases in the quarter, as did Hush Puppies in the important Canadian market. These positive results underscore the strength of our multi-brand, multi-country business model and our ability to execute during challenging economic times.
Krueger continued, "While the timing and trajectory of the recovery from the global recession is uncertain, we remain confident that our 12 lifestyle brands will continue to outperform by providing innovative, fresh and exciting products to our diverse global consumer base. We remain focused on providing products that fit consumers' needs and deliver on their performance and style demands."
Don Grimes, the Company's Chief Financial Officer, commented, "The Company delivered another solid financial performance in the second quarter of 2009. Our cash position is strong, we have excellent liquidity, and believe we are very well positioned to emerge from this challenging economic cycle in great shape - from both brand and financial perspectives. Balancing short-term revenue and earnings opportunities with long-term shareholder value creation remains a key focus for the Company, and we believe we are delivering on that challenge."
Highlights for the quarter:
* Adjusting for $1.0 million of non-recurring restructuring and related charges that are included in cost of sales and the impact of foreign exchange, gross margin was 37.7%, compared to prior-year gross margin of 38.3%, as higher product costs and a higher percentage of close-out sales more than offset selective price increases. Reported gross margin was 37.3%.
* Operating expenses decreased 6.0% from the prior year after adjusting for non-recurring restructuring and related charges, the benefit from a stronger U.S. dollar, expenses directly related to the newly acquired Chaco and Cushe brands, and increased pension expense. Reported operating expenses in the quarter were $79.7 million.
* Accounts receivable at quarter end were down 6.5% compared to the prior year's second quarter. The Company continues to closely monitor customers' credit standing and improved its days sales outstanding with increased efforts towards timely collections.
* Inventory at the end of the second quarter was up 6.9% compared to the prior year, a substantial improvement versus the two most recent fiscal quarters. Of the $11.9 million inventory increase, approximately half related to newly acquired brands, the strategic pre-buy of inventory referenced last quarter, and a planned increase in the Wolverine Leathers business inventory as it transitioned to an outsource model. The Company remains comfortable with its inventory position and is on track to end the year with inventory meaningfully lower than year end 2008.
* As planned, the Company significantly reduced its revolver balance, from $93.0 million at the end of the first quarter to $34.8 million at the end of the second quarter. The Company ended the quarter with $79.2 million in cash and substantial overall liquidity.
Today, the Company is raising its 2009 earnings guidance. Excluding full-year restructuring and related costs in the range of $33 million to $36 million, the Company now expects earnings in the range of $1.55 to $1.73 per share, up from previous guidance of $1.50 to $1.70 per share, on reported revenue in the range of $1.070 billion to $1.120 billion. Foreign exchange is expected to negatively impact full-year reported revenue by $40 million to $60 million, resulting in projected constant currency revenue of $1.120 billion to $1.170 billion. Included in this earnings guidance is an estimated full-year negative foreign exchange impact of $0.11 to $0.14 per share and $0.12 per share of increased pension expense. Reported fully diluted earnings per share for the year are now expected to be in the range of $1.07 to $1.25.
Krueger concluded, "We are very pleased that our strong year-to-date performance provides us with the confidence to raise earnings guidance in this challenging environment. We remain encouraged by consumer demand for our lifestyle brands and are pleased with the retail and consumer response to our newest brands, Cushe and Chaco. Our continuing focus on product innovation is helping us outperform in these difficult global economic conditions."
The Company will host a conference call at 8:30 a.m. EDT today to discuss these results and current business trends. To listen to the call at the Company's website, go to www.wolverineworldwide.com, click on "Investors" in the navigation bar, and then click on "Webcast" from the top navigation bar of the "Investors" page. To listen to the webcast, your computer must have Windows Media Player, which can be downloaded for free at www.wolverineworldwide.com. In addition, the conference call can be heard at www.streetevents.com. A replay of the call will be available at the Company's website through July 29, 2009.
With a commitment to service and product excellence, Wolverine World Wide, Inc. is one of the world's leading marketers of branded casual, active lifestyle, work, outdoor sport and uniform footwear and apparel. The Company's portfolio of highly recognized brands includes: Bates((R)), Chaco((R)), Cushe((TM)), Hush Puppies((R)), HYTEST((R)), Merrell((R)), Sebago((R)) Soft Style((R)) and Wolverine((R)). The Company also is the exclusive footwear licensee of popular brands including CAT((R)),( )Harley-Davidson((R)) and Patagonia((R)). The Company's products are carried by leading retailers in the U.S. and globally in 180 countries and territories. For additional information, please visit our website, www.wolverineworldwide.com.
Adjusting for the negative impact of changes in foreign exchange rates due to a stronger U.S. dollar, revenue declined only 3.1% in the quarter. An excellent performance in the U.S., driven primarily by the Merrell brand and by the acquisition of the Chaco brand earlier in the year, was offset by challenging trading conditions in many major global markets. Reported revenue in the second quarter was $246.4 million, a decline of 7.8% versus the prior year.
During the quarter, the Company continued to implement its 2009 strategic restructuring plan, which is focused on generating significant efficiencies across the business. Non-recurring restructuring and related charges of $7.9 million, or $0.11 per fully diluted share, were recorded in the quarter, of which $3.1 million were non-cash charges. Adjusting for these charges, fully diluted earnings in the quarter were $0.27 per share, compared to $0.33 per share in the prior year. Reported fully diluted earnings were $0.16 per share.
"We are pleased with our second quarter results, which were driven by our ability to grow proven brands and extend the global reach of new brands," stated Blake W. Krueger, the Company's CEO and President. "During the quarter, we achieved a double-digit increase in our Merrell business in the U.S. and got off to a strong start with the Chaco brand. Company revenue was above our internal plan for the quarter, which helped contribute to solid earnings results. Harley-Davidson and Sebago each posted revenue increases in the quarter, as did Hush Puppies in the important Canadian market. These positive results underscore the strength of our multi-brand, multi-country business model and our ability to execute during challenging economic times.
Krueger continued, "While the timing and trajectory of the recovery from the global recession is uncertain, we remain confident that our 12 lifestyle brands will continue to outperform by providing innovative, fresh and exciting products to our diverse global consumer base. We remain focused on providing products that fit consumers' needs and deliver on their performance and style demands."
Don Grimes, the Company's Chief Financial Officer, commented, "The Company delivered another solid financial performance in the second quarter of 2009. Our cash position is strong, we have excellent liquidity, and believe we are very well positioned to emerge from this challenging economic cycle in great shape - from both brand and financial perspectives. Balancing short-term revenue and earnings opportunities with long-term shareholder value creation remains a key focus for the Company, and we believe we are delivering on that challenge."
Highlights for the quarter:
* Adjusting for $1.0 million of non-recurring restructuring and related charges that are included in cost of sales and the impact of foreign exchange, gross margin was 37.7%, compared to prior-year gross margin of 38.3%, as higher product costs and a higher percentage of close-out sales more than offset selective price increases. Reported gross margin was 37.3%.
* Operating expenses decreased 6.0% from the prior year after adjusting for non-recurring restructuring and related charges, the benefit from a stronger U.S. dollar, expenses directly related to the newly acquired Chaco and Cushe brands, and increased pension expense. Reported operating expenses in the quarter were $79.7 million.
* Accounts receivable at quarter end were down 6.5% compared to the prior year's second quarter. The Company continues to closely monitor customers' credit standing and improved its days sales outstanding with increased efforts towards timely collections.
* Inventory at the end of the second quarter was up 6.9% compared to the prior year, a substantial improvement versus the two most recent fiscal quarters. Of the $11.9 million inventory increase, approximately half related to newly acquired brands, the strategic pre-buy of inventory referenced last quarter, and a planned increase in the Wolverine Leathers business inventory as it transitioned to an outsource model. The Company remains comfortable with its inventory position and is on track to end the year with inventory meaningfully lower than year end 2008.
* As planned, the Company significantly reduced its revolver balance, from $93.0 million at the end of the first quarter to $34.8 million at the end of the second quarter. The Company ended the quarter with $79.2 million in cash and substantial overall liquidity.
Today, the Company is raising its 2009 earnings guidance. Excluding full-year restructuring and related costs in the range of $33 million to $36 million, the Company now expects earnings in the range of $1.55 to $1.73 per share, up from previous guidance of $1.50 to $1.70 per share, on reported revenue in the range of $1.070 billion to $1.120 billion. Foreign exchange is expected to negatively impact full-year reported revenue by $40 million to $60 million, resulting in projected constant currency revenue of $1.120 billion to $1.170 billion. Included in this earnings guidance is an estimated full-year negative foreign exchange impact of $0.11 to $0.14 per share and $0.12 per share of increased pension expense. Reported fully diluted earnings per share for the year are now expected to be in the range of $1.07 to $1.25.
Krueger concluded, "We are very pleased that our strong year-to-date performance provides us with the confidence to raise earnings guidance in this challenging environment. We remain encouraged by consumer demand for our lifestyle brands and are pleased with the retail and consumer response to our newest brands, Cushe and Chaco. Our continuing focus on product innovation is helping us outperform in these difficult global economic conditions."
The Company will host a conference call at 8:30 a.m. EDT today to discuss these results and current business trends. To listen to the call at the Company's website, go to www.wolverineworldwide.com, click on "Investors" in the navigation bar, and then click on "Webcast" from the top navigation bar of the "Investors" page. To listen to the webcast, your computer must have Windows Media Player, which can be downloaded for free at www.wolverineworldwide.com. In addition, the conference call can be heard at www.streetevents.com. A replay of the call will be available at the Company's website through July 29, 2009.
With a commitment to service and product excellence, Wolverine World Wide, Inc. is one of the world's leading marketers of branded casual, active lifestyle, work, outdoor sport and uniform footwear and apparel. The Company's portfolio of highly recognized brands includes: Bates((R)), Chaco((R)), Cushe((TM)), Hush Puppies((R)), HYTEST((R)), Merrell((R)), Sebago((R)) Soft Style((R)) and Wolverine((R)). The Company also is the exclusive footwear licensee of popular brands including CAT((R)),( )Harley-Davidson((R)) and Patagonia((R)). The Company's products are carried by leading retailers in the U.S. and globally in 180 countries and territories. For additional information, please visit our website, www.wolverineworldwide.com.
Sunday, April 20, 2008
Business Consolidation Debt Non Profit
When you are looking at business consolidation debt available by nonprofit companies, you have some less publicized options available to you than on the personal side when looking for debt consolidation. Personal debt consolidation is widely publicized so it is easy to find a company to work with. It is the same way with a company focusing on business debt. This article will first focus upon a couple of key characteristics which you should look for when deciding upon which particular consolidation company to use and then follow with a broader discussion of small business debt consolidation loans.
When you are looking at business consolidation debt for a nonprofit, you will want to first take a look at the fee structure associated with the nonprofits along with how long they have been in business. There are many consolidation companies out there today set up by scam artists so you not want to pay money for a debt consolidation program which does not yield results for you.
Make sure to also look at what types of fees are associated with using a particular debt consolidation company and what types of free services they offer. Most nonprofits debt consolidation companies will offer you free credit counseling and budget services. You will want to do your homework ahead of time to see what these nonprofits are doing.
Small business debt consolidation loans can be very easy to find for you. You’ll want to look at whether you have assets which you can pledge for your debt consolidation loan as this will often dramatically lower the interest rate which you would have to pay. You want to look at your overall debt structure as a business and see if there are different ways where you can save money from your current business expenses and the trends which you see in how your business expenditures are coming. Business consolidation debt from a nonprofit organization is important within this because these organizations may be able to talk with your current creditors to work on lower interest rates and payments so that you can better manage your cash flow within the business.
A good place for you to look for this business consolidation debt from a nonprofit company may be your local Chamber of Commerce. Most serious companies will register with your local Chamber of Commerce and the individuals who work there usually have very good networking skills so they will be able to point you in the right direction toward someone you should talk with. You can look on the Internet for a company to work with but it may be just as easy to work with a company locally as you can sit down with them face to face.
Hopefully this article on business consolidation debt with a nonprofit has given you some information to work with. Make sure to listen to what the company has to say and weigh it against your experience and common sense. If it seems too good to be true, it probably is. At that point, listen politely to what the person has to say but do not make any decisions at the moment and take time to walk away from the situation so that you have a chance to think clearly without persuasive speaking.
When you are looking at business consolidation debt for a nonprofit, you will want to first take a look at the fee structure associated with the nonprofits along with how long they have been in business. There are many consolidation companies out there today set up by scam artists so you not want to pay money for a debt consolidation program which does not yield results for you.
Make sure to also look at what types of fees are associated with using a particular debt consolidation company and what types of free services they offer. Most nonprofits debt consolidation companies will offer you free credit counseling and budget services. You will want to do your homework ahead of time to see what these nonprofits are doing.
Small business debt consolidation loans can be very easy to find for you. You’ll want to look at whether you have assets which you can pledge for your debt consolidation loan as this will often dramatically lower the interest rate which you would have to pay. You want to look at your overall debt structure as a business and see if there are different ways where you can save money from your current business expenses and the trends which you see in how your business expenditures are coming. Business consolidation debt from a nonprofit organization is important within this because these organizations may be able to talk with your current creditors to work on lower interest rates and payments so that you can better manage your cash flow within the business.
A good place for you to look for this business consolidation debt from a nonprofit company may be your local Chamber of Commerce. Most serious companies will register with your local Chamber of Commerce and the individuals who work there usually have very good networking skills so they will be able to point you in the right direction toward someone you should talk with. You can look on the Internet for a company to work with but it may be just as easy to work with a company locally as you can sit down with them face to face.
Hopefully this article on business consolidation debt with a nonprofit has given you some information to work with. Make sure to listen to what the company has to say and weigh it against your experience and common sense. If it seems too good to be true, it probably is. At that point, listen politely to what the person has to say but do not make any decisions at the moment and take time to walk away from the situation so that you have a chance to think clearly without persuasive speaking.
Thursday, April 17, 2008
Way To Get Federal and Private Student Loan Forgiveness
I am sure that many of you face student debt out there still after years of trying to pay it off or maybe you are just starting to pay off those loans out of college. Whatever the case is, many of you would like to take care of that student loan debt as soon as possible.
One option that the government provides is through student loan forgiveness. These are great ways for you to E2Bgive to Uncle Sam or some public service that is needed and in return for your time and skilled service they are kind enough to take care of some or all of your student loans.
These options should be decided carefully and please don’t do them for the sole purpose of getting some student loan help because you are bound to hate yourself after a while. You need to find something you are passionate about and at the same time will allow for you to take care of some necessary debt for your future.
1. Law School
Many of you face law school debt and that is practically a mortgage with the amount you have to shell out for a few years of reading books and losing sleep. Some of you might think that you are going to get hired by some great law firm and everything will be taken care of and that might happen, but for many of you that will not be an option.
Another thing to look at is working for a non-profit or public interest organization. This can help you take care of some much needed debt and give yourself a serviceable name in your industry. It might not be glamorous, but it is a good way to take care of all of the debt that will eat at your bank account for years.
2. Physical or Occupational Therapy
This is a great example of high in demand and low in supply when it comes to therapists. There are plenty of positions out there that hospitals, the government, and private facilities need to fill and people will always get sick and need medical help. This is a good way to take care of some medical bills that have pilled up just like the law student that we talked about.
3. Military Service
Well this one I would not put as number one for me personally because of the potential health risks, but I am sure you would learn some pretty impressive skills that you can bring back to the “real world” and apply. This is also not exotic, but it will pay the student loan bills and if you are willing to get into hostile territory you can get paid a lot.
4. Peace Corp
This is also an international option like the military, but without all of the weaponry. This could create up to 70% debt reduction and help you see the world through a different set of eyes. Many of these traveling experiences will allow you to view struggles of simple people fighting for necessities that we take for granted.
5. Social Services
There are countless honorable professions such as law enforcement, helping people find housing and occupations, assisting with disabled and elderly, along with other correctional officer positions that can impact your bank account and other lives. These services are some of the best because they will allow for potentially your whole student loan to be taken care of.
Court is an adviser on student loan consolidation programs and helps people to learn about internet marketing companies.
One option that the government provides is through student loan forgiveness. These are great ways for you to E2Bgive to Uncle Sam or some public service that is needed and in return for your time and skilled service they are kind enough to take care of some or all of your student loans.
These options should be decided carefully and please don’t do them for the sole purpose of getting some student loan help because you are bound to hate yourself after a while. You need to find something you are passionate about and at the same time will allow for you to take care of some necessary debt for your future.
1. Law School
Many of you face law school debt and that is practically a mortgage with the amount you have to shell out for a few years of reading books and losing sleep. Some of you might think that you are going to get hired by some great law firm and everything will be taken care of and that might happen, but for many of you that will not be an option.
Another thing to look at is working for a non-profit or public interest organization. This can help you take care of some much needed debt and give yourself a serviceable name in your industry. It might not be glamorous, but it is a good way to take care of all of the debt that will eat at your bank account for years.
2. Physical or Occupational Therapy
This is a great example of high in demand and low in supply when it comes to therapists. There are plenty of positions out there that hospitals, the government, and private facilities need to fill and people will always get sick and need medical help. This is a good way to take care of some medical bills that have pilled up just like the law student that we talked about.
3. Military Service
Well this one I would not put as number one for me personally because of the potential health risks, but I am sure you would learn some pretty impressive skills that you can bring back to the “real world” and apply. This is also not exotic, but it will pay the student loan bills and if you are willing to get into hostile territory you can get paid a lot.
4. Peace Corp
This is also an international option like the military, but without all of the weaponry. This could create up to 70% debt reduction and help you see the world through a different set of eyes. Many of these traveling experiences will allow you to view struggles of simple people fighting for necessities that we take for granted.
5. Social Services
There are countless honorable professions such as law enforcement, helping people find housing and occupations, assisting with disabled and elderly, along with other correctional officer positions that can impact your bank account and other lives. These services are some of the best because they will allow for potentially your whole student loan to be taken care of.
Court is an adviser on student loan consolidation programs and helps people to learn about internet marketing companies.
Wednesday, October 31, 2007
Debt consolidation help from debtco.org
Consolidate your debt the assistance of debtco.org. They have an association of advisors who analyses your case and sorts out the effective measure that will help you in the long run. This company is a non-profit organization. You can also request free quotes from the website on consolidation issues. The people of this company’s website assist you in lessening your net payment for bills every month by consolidating your debts. The result is that you get to save a lot every
Subscribe to:
Comments (Atom)