Articles for tag: alandomoney, debt, debtmistakes, money, moneymatters

Alando

Personal Finance
High-interest debt Dangers

High-interest debt turns the magic of compounding interest against you

High-interest debt turns the magic of compounding interest against you Essentially, you take compounding interest and let it prey upon your wallet instead of working for the interests off dumping good cash down a large hole with no potential positive result. Compounding interest is usually a good thing for growing your investments, but can also be ...

Alando

Banking
3 Common Debt Collection Mistakes You Should Avoid

3 Debt Collection Mistakes You Should Never Make

3 Debt Collection Mistakes to Avoid For businesses and consumers, the debt collection process is tough. When you’re creditors your own money, or even when you are dealing with the debts of others this is an area that also needs to be approached carefully. A botched debt collection can be expensive, both financially and in terms of client/customer ...