Author: Anthony Rodriguez

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How to get rid of the debt spiral?

How to get rid of the debt spiral?

People have the reputation of a conscientious and frugal people – money is saved and debts are paid off. Nevertheless, the indebtedness has increased since the 1970s and continues to grow. At least 9% of adults are heavily indebted. People…

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Guarantee for a loan

Guarantee for a loan

You don’t just act as a guarantor for a loan. No matter how much you want to help your friend or child, it is important that you carefully consider what the guarantee means to you and how you can arrange…

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Guaranteed debts and unsecured debts

Guaranteed debts and unsecured debts

There are two types of consumer debt: secured debt and unsecured debt. Secured debt reduces the risk level for lenders, who hold an asset assigned by the borrower as collateral until the debt is paid off. Unsecured debts, on the…

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