More and more people today are finding themselves in over their heads in terms of financial debt. Multiple credit cards make it nearly impossible to keep up with minimum monthly payments. It is a vicious cycle. Debt consolidation however can provide you with a fresh start as far as your finances are concerned.
Debt consolidation actually involves taking out one loan to pay off smaller loans. Now, instead of keeping up with multiple monthly payments, you will be responsible for one. Often, this loan is provided at a much lower interest rate.
Shop around before committing to one particular debt consolidation company. Typically, representatives from debt consolidation companies can get you settlement on certain loans rather than paying the entire bill, which in turn will save you money in the long run.
To take or borrow from one in order to give or pay something owed to another.
Galatians
Robbing Peter to pay Paul
Several years of 'borrowing from Peter to pay Paul. Then Peter wanted to get reimbursed! End result: You still have to pay Paul and now you have to pay Peter! Hello??????!
Social security is able to be garnished. This was part of the Debt Collection Improvement Act of 1996. Honestly, for ethical and logical reasons, it is dumb that they can. 'Robbing Peter to pay Paul' is how one could describe it.
Galatians
George Benard Shaw
Two wrongs make a right. Robbing Peter to pay Paul. justifiable homicide. The ox is in the mire. The greater good. The worth of the many out-weighs the worth of a few. Charitable Larceny. Aiding and abetting
Can't. When you use credit you are making a loan from a bank and going into debt. Going into debt will make poverty worse because the bank wants it's money. That becomes economic slavery because you work for the bank to be able to pay it off. The only thing you are doing is robbing Peter to pay Paul.
Since Paul is the receiver of the money taken from Peter, you would generally expect Paul to approve of that government's program since it seems to be to his advantage.
It is generally not legal or allowed by credit card issuers to pay one credit card bill with another credit card by purchasing a gift card. It could be considered as a form of credit card kiting, which is a prohibited practice. It's best to use approved payment methods to settle your credit card bills.
The "Pe" in "Peter" is pronounced as "pay." The "ter" part is pronounced as in the English "tear" (to rip)
free lunch should be provided at school so kids dont have to pay for their lunch because the school is robbing us.
No one has been able to get amodel working yet. However in a strictly capitalistic world you woul even have to pay to get the police to stop people from robbing you.