Important Role of PPI during Financial Crisis

Premium Protection Insurance, as the name implies, is a policy that runs along side a loan in order to protect the monthly loan repayment in the event the policy holder is suffering from some eventualities that include accident, illness or unexpected job loss. Although this policy can be tailored to suit the needs of an individual that may include one or two of the above mentioned conditions. For an instance, if a self-employed individual secures this policy, the unemployment coverage may not be required.

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5 Simple ways to settle your Debts

Every individual has financial obligations and can face difficulties in repaying their debts. A person can be forced to take on debts due to many different reasons such as financial emergencies, job loss and so on. Taking a loan, however, will not solve the problem. It is important to repay the debts on time, failing to do so will take a person deeper into the turmoil and they can find it extremely difficult to come out. But nothing is impossible and there is a solution for every problem. Here are 5 simple tips that will help you in repaying all your debts; Continue reading “5 Simple ways to settle your Debts”

Debt Consolidation Tips For Students with Credit Card Debts

Credit cards are the main cause for people falling into debts. The interest rates on these credit cards are high and if there is any delay in payments then you will be charged even higher amounts as late fees and penalties. When you are a college student, paying these higher amounts with higher interest rates seems to be impossible. And when you don’t pay them, the interest on the amount accumulates and the debt would grow to outrageous proportions. If you, as a student feel that the credit card debts are overwhelming then you can consider consolidating your credit card debts.

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