<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Lending Money News</title>
	<atom:link href="http://lendingmoneynews.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://lendingmoneynews.com</link>
	<description></description>
	<lastBuildDate>Wed, 11 Jan 2012 13:38:10 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0.4</generator>
		<item>
		<title>History of the Hot Tub</title>
		<link>http://lendingmoneynews.com/history-of-the-hot-tub/</link>
		<comments>http://lendingmoneynews.com/history-of-the-hot-tub/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 13:38:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Leisure]]></category>
		<category><![CDATA[Hot tubs]]></category>

		<guid isPermaLink="false">http://lendingmoneynews.com/history-of-the-hot-tub/</guid>
		<description><![CDATA[Hot tubs have an impressive pedigree dating back to the mists of unrecorded history. Ancient people had always been aware of the therapeutic benefits of the earth&#8217;s natural hot springs. The healing properties of water have been recognized at least since the time of ancient Egypt. The Romans were known to build temples and bathing [...]]]></description>
			<content:encoded><![CDATA[<div>
<p><a href="http://www.thehottubcompany.com">Hot tubs</a> have an impressive pedigree dating back to the mists of unrecorded history. Ancient people had always been aware of the therapeutic benefits of the earth&#8217;s natural hot springs. The healing properties of water have been recognized at least since the time of ancient Egypt. The Romans were known to build temples and bathing areas centered on naturally occurring hot springs.&nbsp;</p>
<p>This practice was not limited to the western world. A good therapeutic soak was appreciated and practiced across such diverse cultures as the Native tribes of North America and inhabitants of the Far East. The benefits of hydrotherapy for the mind and body have been common knowledge for millennia.</p>
<p>The Romans brought this practice to Britain. Bath, England has been a destination for those seeking the spring&rsquo;s healing properties since 800 B.C. According to some sources, Queen Elizabeth I was a frequent visitor to the spas at Bath. This practice quickly spread across the Atlantic with the settlement of the American colonies. Saratoga Springs in New York was a popular destination to take the healing waters, claiming George Washington as a visitor.</p>
<p>By 1915, the building of swimming pools and spas was becoming more common. By the 1960s redwood hot tubs began to sprout up all over California. Unfortunately these wooden units were prone to leakage, leading to the acrylic tubs we enjoy today.&nbsp;</p>
</div>
]]></content:encoded>
			<wfw:commentRss>http://lendingmoneynews.com/history-of-the-hot-tub/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Understanding the ins and outs of cash loans</title>
		<link>http://lendingmoneynews.com/understanding-the-ins-and-outs-of-cash-loans/</link>
		<comments>http://lendingmoneynews.com/understanding-the-ins-and-outs-of-cash-loans/#comments</comments>
		<pubDate>Tue, 08 Nov 2011 09:36:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://lendingmoneynews.com/understanding-the-ins-and-outs-of-cash-loans/</guid>
		<description><![CDATA[Many people out there are in serious need of money. This is becoming truer and truer as the economy continues on its downward spiral and so many people are beginning to be without jobs. This is why it is important for people to have a place that will help them obtain cash loans without the [...]]]></description>
			<content:encoded><![CDATA[<p>Many people out there are in serious need of money. This is becoming truer and truer as the economy continues on its downward spiral and so many people are beginning to be without jobs. This is why it is important for people to have a place that will help them obtain cash loans without the need of having a thorough background check like so many banks in this day and age have to. There are many different places that people can go for these cash loans, which is why it is important to research the company that is giving you the loan.</p>
<p>There are strict legal guidelines in many areas which govern the rules around these cash loans. Many states have placed caps on the amount of interest that must be paid back to the loaning party. It is for this reason that a minimal credit and work history check needs to be conducted before a loan can be given to the potential customer. Once the company is able to verify a few small pieces of information, <a href="http://www.cash-loans.co.uk">cash loans</a> will be much easier to give out. Typically, these loans must be repaid within 2 weeks of the time they are issued, plus interest. This is why a customer looking to borrow money should never take more than they can realistically pay back.</p>
]]></content:encoded>
			<wfw:commentRss>http://lendingmoneynews.com/understanding-the-ins-and-outs-of-cash-loans/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Junior ISA&#8217;s The New To Do</title>
		<link>http://lendingmoneynews.com/junior-isas-the-new-to-do/</link>
		<comments>http://lendingmoneynews.com/junior-isas-the-new-to-do/#comments</comments>
		<pubDate>Sun, 09 Oct 2011 05:02:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Junior ISA]]></category>

		<guid isPermaLink="false">http://lendingmoneynews.com/junior-isas-the-new-to-do/</guid>
		<description><![CDATA[Your childs future depends on the Best Junior ISA available. CTF&#8217;s (child trust funds) have been phased out with a Junior ISA (Individual Savings Account), which is a tax free alternative with similar restrictions as a CTF. A Junior ISA locks in funds until the child reaches adulthood, then all returns are to be tax [...]]]></description>
			<content:encoded><![CDATA[<p>Your childs future depends on the Best Junior ISA available. CTF&#8217;s  (child trust funds) have been phased out with a Junior ISA (Individual  Savings Account), which is a tax free alternative with similar  restrictions as a CTF. A Junior ISA locks in funds until the child  reaches adulthood, then all returns are to be tax free. An ISA is  considered to be a way for families to have a simple way to invest or  begin investing in their childrens futures. Though there will be no  government contributions like a CTF.</p>
<p> Starting a childs Junior ISA while the child is young can build a  respectable amount for your child by the time they reach adulthood,  which is considered to be 18 years of age. In a Junior ISA there are two  options of investments that is available, savings with a set interest  rate or by going with shares. Savings has a gauranteed amount in which  you can expect your child to get or you can invest in shares and  possibly earn more than what you expected for your child.</p>
<p> In order to provide your child the <a href="http://www.comparejuniorisa.com">best Junior ISA</a> you can, is to start saving now, for the future they can have.</p>
]]></content:encoded>
			<wfw:commentRss>http://lendingmoneynews.com/junior-isas-the-new-to-do/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Getting the best account for your child</title>
		<link>http://lendingmoneynews.com/getting-the-best-account-for-your-child/</link>
		<comments>http://lendingmoneynews.com/getting-the-best-account-for-your-child/#comments</comments>
		<pubDate>Fri, 16 Sep 2011 04:48:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Junior ISA]]></category>

		<guid isPermaLink="false">http://lendingmoneynews.com/getting-the-best-account-for-your-child/</guid>
		<description><![CDATA[Getting the right type of savings account for your child is probably not the first thing on your mind. However, you should do what you can to make sure that you start working on this. Having a great savings account may not seem like a big deal at all right now, particularly to your child. [...]]]></description>
			<content:encoded><![CDATA[<p>Getting the right type of savings account for your child is probably not  the first thing on your mind. However, you should do what you can to  make sure that you start working on this. Having a great savings account  may not seem like a big deal at all right now, particularly to your  child. However, if you start working on good savings habits with them  right now, they are likely to carry these on to their adult life. Once  they do that, you are going to find that they are just better suited for  whatever life may happen to throw at them. </p>
<p> In order to make sure that you are doing this process correctly, you  need to find the <a href="http://www.comparejuniorisa.com">best junior ISA</a>. This means that you are likely going  to have to comparison shop quite a bit until you are able to find what  you are looking for. Once you have done this, you will start to see the  wide variety of different options that are available to you. Make sure  that you do not take too long in order to start working on this. The  longer that you wait, the less time there is for the money in the  account to grow in the way that it is suppose to, and that is just  something that you do not want happening.</p>
]]></content:encoded>
			<wfw:commentRss>http://lendingmoneynews.com/getting-the-best-account-for-your-child/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How To Select A Jewish Wedding Band</title>
		<link>http://lendingmoneynews.com/how-to-select-a-jewish-wedding-band/</link>
		<comments>http://lendingmoneynews.com/how-to-select-a-jewish-wedding-band/#comments</comments>
		<pubDate>Sat, 03 Sep 2011 04:56:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Jewish Wedding Bands]]></category>

		<guid isPermaLink="false">http://lendingmoneynews.com/how-to-select-a-jewish-wedding-band/</guid>
		<description><![CDATA[When you are getting married according to Jewish tradition, you will want to select the perfect Jewish wedding band for your special day. Now we are not talking about a band of Jewish musicians, we are talking about the wedding band. As you may already know the Jewish wedding band is a special style. This [...]]]></description>
			<content:encoded><![CDATA[<p>When you are getting married according to Jewish tradition, you will  want to select the perfect Jewish wedding band for your special day. Now  we are not talking about a band of Jewish musicians, we are talking  about the wedding band. </p>
<p> As you may already know the Jewish wedding band is a special style. This  is often known as the Ani Le&#8217;dodi band. Which means: &#8220;I am to my  beloved and my beloved is mine.&#8221; The <a href="http://www.themusicquarium.co.uk/jewish-wedding-bands-for-hire.htm">Jewish wedding band</a> is available in  a wide array of gold and silver. The Jewish wedding band is also made  in many different designs and by many fine jewelers. </p>
<p> Selecting a Jewish wedding band is a matter of personal preference. The  first thing you want to do is check the style and design for the Jewish  wedding band you like. Next you will want to find the correct size. The  size is very important because you will want to wear this Jewish wedding  band every where you go.</p>
<p> The next thing you have to do is make a choice as to the material of the  Jewish wedding band. Will it be gold or silver? You can also start to  think about any engraving that the ring might have at this time. Now you  know how to select a Jewish wedding band for your special day.</p>
]]></content:encoded>
			<wfw:commentRss>http://lendingmoneynews.com/how-to-select-a-jewish-wedding-band/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How to Get that Extra Cash Rapidly &#8211; An Imperative Subject Necessary in Managing Debts</title>
		<link>http://lendingmoneynews.com/how-to-get-that-extra-cash-rapidly-an-imperative-subject-necessary-in-managing-debts/</link>
		<comments>http://lendingmoneynews.com/how-to-get-that-extra-cash-rapidly-an-imperative-subject-necessary-in-managing-debts/#comments</comments>
		<pubDate>Mon, 25 Apr 2011 08:29:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Debt Management]]></category>
		<category><![CDATA[debtmanagementplan.org]]></category>

		<guid isPermaLink="false">http://lendingmoneynews.com/how-to-get-that-extra-cash-rapidly-an-imperative-subject-necessary-in-managing-debts/</guid>
		<description><![CDATA[Anytime you need to get hard cash extremely fast, unfortunately there are just two or three possibilities available. Right before the slide in the economic system, layoffs, together with the fall in the property market, most consumers would get cash from family. In today&#8217;s times, most family members just don&#8217;t possess cash to support you. [...]]]></description>
			<content:encoded><![CDATA[<p>Anytime you need to get hard cash extremely fast, unfortunately there are just two or three possibilities available. Right before the slide in the economic system, layoffs, together with the fall in the property market, most consumers would get cash from family. In today&#8217;s times, most family members just don&#8217;t possess cash to support you. This fact has caused people to rely on neutral entities the minute a disastrous situation unfolds or something unforeseen comes about.</p>
<p>Fast cash advances are one of the quickest and most convenient routines to get hold of cash. You can actually determine good quality personal loan companies over the internet who provide payday cash loans at a fantastic rate and make the entire operation free of hassle. It matters not how positive or negative your own consumer credit rating is, and they do not need your own home or vehicle for collateral either. Simply provide confirmation of employment plus banking coordinates in addition to the filled in form. Irrelevant of where you are located, the hard cash can certainly be in your own checking account as soon as the subsequent business day. You can obtain as many payday cash loans as you need to have to cope with this tough time, and in addition you never need to go outside to get it done.</p>
<p>Pawnshops are an alternative good way to crank out money expediently. All you will be required to carry out is pick up those surplus bits and get all of them to that nearby pawnbroker where they usually are exchanged for cash on hand. Or, you may move your big ticket gear where they&#8217;ll accept them in exchange for cash-on-hand. Following this, you can expect to have roughly thirty days to pay back your debt as well as the the lender&#8217;s service charges (actually interest rate by another name&#8230;) or they&#8217;ll keep your pawned possessions.</p>
<p><a href="http://www.debtmanagementplan.org/">debtmanagementplan.org </a></p>
<p>Unluckily, this particular tactic is not always realistic. You can&#8217;t say everyone has a chance to access a pawnbroker, and identifying one that will really pay you reasonably is scarce. Another dilemma is that a large number of folks cannot or are not ready to risk their valuable objects and small-scale items all too often are not worth the effort. Further, in financially stressful times pawnshops tend to value down lots of items that will fetch consiberably more money in a booming economic environment based upon full employment. Loads of people point out that going for pro tem i.e. short-term work is the ultimate way to generate additional cash flow. This is most likely a nice strategy simply because it implies that you may possibly end up getting day-to-day money without having to loan it, but unfortunately this method is actually not without its downsides. Getting job and getting properly reimbursed usually can take more time than you can easlily afford to wait for if you&#8217;re able to accomplish the task. And it goes on, it may take a long time to make a sufficient amount of cash.</p>
<p>Accordingly, when odd job opportunities and pawnbrokers won&#8217;t assist you in accomplishing your goal, you are well advised to go for convenient cash advances as an alternative.</p>
]]></content:encoded>
			<wfw:commentRss>http://lendingmoneynews.com/how-to-get-that-extra-cash-rapidly-an-imperative-subject-necessary-in-managing-debts/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Are Cherished Number Plates a smart investment?</title>
		<link>http://lendingmoneynews.com/are-cherished-number-plates-a-smart-investment/</link>
		<comments>http://lendingmoneynews.com/are-cherished-number-plates-a-smart-investment/#comments</comments>
		<pubDate>Thu, 31 Mar 2011 12:18:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<guid isPermaLink="false">http://lendingmoneynews.com/are-cherished-number-plates-a-smart-investment/</guid>
		<description><![CDATA[Upon deeper examination though, the very undeniable fact that a private number plate is exactly that, personal, is where the hint to the concealed price of many of these plates lies. By definition there could only be one plate that perfectly encapsulates someone’s identify, communication about their selves or sense of fun. Herein lays the [...]]]></description>
			<content:encoded><![CDATA[<p>Upon deeper examination though, the very undeniable fact that a private number plate is exactly that, personal, is where the hint to the concealed price of many of these plates lies. By definition there could only be one plate that perfectly encapsulates someone’s identify, communication about their selves or sense of fun. Herein lays the worth. Whilst it is perfectly possible to be inventive with mixtures of letters and numbers (and anybody who might be good at this could be onto something), there are actually gonna be some one off combinations that can be perennially popular. VIP 1 and F1 can just happen once and that continues to be reflected on their astounding sale prices in the past several years in the hundreds of thousands of pounds.</p>
<p>For those people working within more modest means there are still going to be opportunities based on the fact that someone may want what we have got and be prepared to pay good money for it. If you have a knack for working with words, abbreviations and colloquialisms you could be able to come up with something previously not looked at, especially as types of language constantly develop through means for example the advent text language on cellphones. If you can consider new things that may appeal to certain names or professions you should be able to get it at a reasonable price to start with giving it a good chance of a large resell value later.</p>
<p>When you are planning to advertise a <a href="http://www.privatenumberplates.org.uk">private number plate</a>, then most car registration plate dealers will provide you with a free valuation and will be able to find out if anyone is already looking for your registration or anything close to it. So if you are looking for somewhere other than the stock game to put some of your cash you could investigate this area and potentially enjoy decent monetary returns in what seems to be a burgeoning area of investment.</p>
]]></content:encoded>
			<wfw:commentRss>http://lendingmoneynews.com/are-cherished-number-plates-a-smart-investment/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How to Obtain Extra Cash &#8211; Really Fast</title>
		<link>http://lendingmoneynews.com/how-to-obtain-extra-cash-really-fast/</link>
		<comments>http://lendingmoneynews.com/how-to-obtain-extra-cash-really-fast/#comments</comments>
		<pubDate>Mon, 14 Feb 2011 15:39:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[instant loans]]></category>

		<guid isPermaLink="false">http://lendingmoneynews.com/how-to-obtain-extra-cash-really-fast/</guid>
		<description><![CDATA[At the time you really need money ultra fast, unfortunately there are certainly just a small number of possible choices available. Before the slide in the economy, job loss, as well as the decline in the construction market, a good number of consumers would likely loan from family. Presently, a large percentage of family members [...]]]></description>
			<content:encoded><![CDATA[<p>At the time you really need money ultra fast, unfortunately there are certainly just a small number of possible choices available. Before the slide in the economy, job loss, as well as the decline in the construction market, a good number of consumers would likely loan from family. Presently, a large percentage of family members plainly won&#8217;t possess an ample amount of cash to offer. This in turn has pushed regular people to utilize unrelated parties when an emergency occurs or something unforeseen develops.</p>
<p>Fast cash advances are one of the swiftest and simplest solutions to obtain cash. You will get hold of bona fide loan merchants online who offer fast <a href="http://www.payday-loans.co.uk">instant loans </a> at a very good rate and make the undertaking hassle-free. It matters not how good or bad your own credit standing is, and additionally they do not demand the house or vehicle in lieu of collateral.</p>
<p>You need to simply produce evidence of employment plus your banking coordinates as well as your filled out application form. It is not important where you reside, the cash can certainly be in your checking account as soon as the subsequent business day. You can get yourself as many payday cash advances as you need to have to get through this difficult time, plus you never need to leave your house to get it done. Naturally, pawnbrokers can be yet another good option to bring in funds almost instantly. All you will need to carry out is sort your old and unnecessary objects and bring them to your neighborhood pawnbroker where they may be exchanged for hard cash. Or, you may easily take down your big ticket stuff to where they&#8217;ll accept them in trade for money-on-hand. You will then have roughly one month to repay your debt as well as the the pawnbroker&#8217;s service charges or else they&#8217;ll retain your pawned stuff.</p>
<p>Sad to say, this specific strategy is not always viable. You can&#8217;t say everyone has access to a pawnshop, and identifying one who will actually pay you decently is pretty rare. The other obstacle is that virtually all individuals simply cannot or aren&#8217;t willing to do without their precious big-ticket objects and smaller items as a rule won&#8217;t be valuable enough. Plenty of people state signing up for pro tempore or short-term work is the fastest way to earn supplementary income. This is commonly an effective choice due to the fact it implies that you may very well get hold of funds without borrowing it, though this procedure is not totally free of cons. Locating employment and being properly reimbursed commonly can take more time than you possibly can deal with assuming you can work. And it goes on, it can require a lifetime to make a sufficient amount of revenue.</p>
<p>Indeed, anytime short-term work and pawnshops won&#8217;t do the trick, you will be best advised to go for one of those simple and easy payday cash advances instead.</p>
]]></content:encoded>
			<wfw:commentRss>http://lendingmoneynews.com/how-to-obtain-extra-cash-really-fast/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What You Will Want to Consider if You&#8217;re Going for UK Car Finance</title>
		<link>http://lendingmoneynews.com/what-you-will-want-to-consider-if-youre-going-for-uk-car-finance/</link>
		<comments>http://lendingmoneynews.com/what-you-will-want-to-consider-if-youre-going-for-uk-car-finance/#comments</comments>
		<pubDate>Wed, 02 Feb 2011 16:32:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[car loan]]></category>

		<guid isPermaLink="false">http://lendingmoneynews.com/what-you-will-want-to-consider-if-youre-going-for-uk-car-finance/</guid>
		<description><![CDATA[Is the thought of getting a new automobile filling you with discomfort? Have you spent hours picking out your perfect four-wheeler, wishing you could just step into the showroom, buy it and drive it home? Sure, it&#8217;s not something the majority of us could ever experience. You&#8217;re not stuck yet, though: you do have other [...]]]></description>
			<content:encoded><![CDATA[<p>Is the thought of getting a new automobile filling you with discomfort? Have you spent hours picking out your perfect four-wheeler, wishing you could just step into the showroom, buy it and drive it home? Sure, it&#8217;s not something the majority of us could ever experience. You&#8217;re not stuck yet, though: you do have other options, after all. How about buying the motorcar of your dreams with a guaranteed car loan?</p>
<p>You need to ensure that the car and loan you get are still covered by your means. Else, you might wind up incapable of making the payments or affording the insurance policy, your fuel and any overhead the auto needs.</p>
<p>We strongly suggest you hop over to our prime website for <a href="http://www.carfinance.org.uk">car loan</a> clues&#8230;</p>
<p>Although you&#8217;re the one signing the contract and sorting out all the paper-work, it&#8217;s highly likely that the car finance company will be the owners of the auto until you have completed your payments. You wouldn&#8217;t want to have your motorcar taken away because you failed to keep up with the payments, would you? Moreover, you may need to alter your policy and other papers, so be sure to check before confirming anything.</p>
<p>The automobile insurance loan options available will differ depending on where you get them, so look around some. You should properly review your choices because you&#8217;ll discover many varied deals, fees and rules.</p>
<p>Often, car loans will have a bigger rate of interest and smaller payments as well as shorter terms. In situations like these, the deal might look more expensive at first glance, but these offers can often work out as the cheapest. Note that the opposite is true too. E.g. you might get a new automobile lease with a low rate of interest, but may need to pay significant service fees, including penalties if you choose to get it paid off early.</p>
<p>So be mindful of your credit rating and how much you can get on a loan before buying your perfect car. When you have determined this,  getting a new motorcar should be much easier as you&#8217;ll know what your exact budget is, and, if you can get the lease at all. They may seem supremely obvious, but these are indeed very vital points since they can prove to make all the difference when it comes to getting a new auto. Be smart, and the next time you purchase your new car will be quite stress free.</p>
]]></content:encoded>
			<wfw:commentRss>http://lendingmoneynews.com/what-you-will-want-to-consider-if-youre-going-for-uk-car-finance/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What are the drawbacks of debt management plans?</title>
		<link>http://lendingmoneynews.com/what-are-the-drawbacks-of-debt-management-plans/</link>
		<comments>http://lendingmoneynews.com/what-are-the-drawbacks-of-debt-management-plans/#comments</comments>
		<pubDate>Fri, 17 Sep 2010 04:07:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Debt Management]]></category>
		<category><![CDATA[debt advice]]></category>
		<category><![CDATA[debt management]]></category>

		<guid isPermaLink="false">http://lendingmoneynews.com/what-are-the-drawbacks-of-debt-management-plans/</guid>
		<description><![CDATA[Debt management plans are agreements with lenders (unsecured lenders &#8211; credit card providers, unsecured loan providers, etc.). They&#8217;re not legally binding, but they can still help people stay on top of their debts, as lenders will often agree to accept smaller monthly payments if the individual can no longer keep up with the payments they [...]]]></description>
			<content:encoded><![CDATA[<p>Debt management plans are agreements with lenders (unsecured lenders &#8211; credit card providers, unsecured loan providers, etc.). They&#8217;re not legally binding, but they can still help people stay on top of their debts, as lenders will often agree to accept smaller monthly payments if the individual can no longer keep up with the payments they first agreed to make.</p>
<p>However, they&#8217;re not without drawbacks.</p>
<p>First of all, lenders don&#8217;t have to agree to this. They may decide there&#8217;s a better way of recovering the money they&#8217;re owed, which might include trying to make the borrower bankrupt, or taking them to court.</p>
<p>Second, you can damage your credit rating if you don&#8217;t stick to the repayment agreement you originally signed up to. If you&#8217;re making reduced payments (whether or not your lenders agree to it, and whether or not you&#8217;re actually on a debt management plan), you&#8217;re making payments &#8211; but not the ones you originally agreed to make. So your credit rating may suffer.</p>
<p>Third, remember interest. Interest builds up over time, and the longer it takes you to repay a debt, the more interest you can end up paying. Having said that, lenders will often agree to freeze interest for people on debt management plans.</p>
<p>Despite the drawbacks, though, <a href="http://www.gregorypennington.com">debt management plans have helped a lot of people get on top of their debts</a> and make some real progress towards getting out of debt altogether.</p>
<p>They&#8217;re not suitable for everyone &#8211; and lenders won&#8217;t always agree to a debt management plan &#8211; but in the right circumstances, they can really help. After all, the individual&#8217;s unsecured debt payments can be reduced to a level that means they&#8217;re not taking up money they should be keeping for essential things like mortgage payments and food &#8211; the things they really can&#8217;t live without.</p>
]]></content:encoded>
			<wfw:commentRss>http://lendingmoneynews.com/what-are-the-drawbacks-of-debt-management-plans/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

