2007-01-30 23:46:39 · 6 answers · asked by theartisttwin 5 in Business & Finance ➔ Personal Finance
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-consolidation.htm
if it helps kindly remember me in your voting!.. cheers!
2007-02-01 00:57:33 · answer #1 · answered by gabriel jones 4 · 0⤊ 0⤋
Your question doesn't make a lot of sense. But if you have bad credit and are making 50k then you need to become a better steward of your money.
I suggest you read two books:
The Millionaire Next Door by Stanley- this is about how average every day people are millionaires, without winning the lotto
and
The Total Money Makeover by Ramsey this will give a you plan on how to get out of debt, live with in your means and become the millionaire next door by retirement.
2007-01-31 07:57:51 · answer #2 · answered by mldjay 5 · 0⤊ 0⤋
I am not sure what you are asking but, your credit has nothing to do with how much you make.
Do you mean to "make more money THAN 50k" and not "on 50k"? Again, one has nothing to do with the other. You can make 200k and still have bad credit. You can make 20k and have great credit.
Hope that helps, if that was your question. If not, than clarify.
2007-01-31 12:33:38 · answer #3 · answered by ricks 5 · 0⤊ 0⤋
I recommend Forever Living Products - you can do as many or as few hours as you like and typically on 1-2 hours a day you will earn £1200 per month after 5 months and £30-£40k per year after 2-3 years - if you do more hours you should get more.
They are a $2 billion company growing at 25% per year and need a lot more people - no investment required also, regulated by Dti and Office of Fair trading and have investors in people award also.
link is: www.efi-international.com
2007-01-31 11:22:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Investments
2007-01-31 07:56:33 · answer #5 · answered by Mary Who? 3 · 0⤊ 0⤋
Because they have a good paying job but don't choose to pay their debts off. I don't have the best credit and I get paid a pretty good salary.
2007-01-31 07:55:25 · answer #6 · answered by echc 3 · 0⤊ 0⤋