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Debt Consolidation in Vermont

As one of the smaller states in the United States, Vermont has the 2nd smallest population compared with all of the other states in the country. Because of the small population, it might be easy to assume that Vermont doesn't have as many difficulties with personal debt. But, the truth is that there are many Vermont residents looking for a solution to overcome their personal debt struggles, and they often turn to debt consolidation as a solution to help them dig out of the hole of financial bondage.

Vermont is the leading provider of maple syrup, which is a big part of the industry in the state. Even though the demand for maple syrup stays high, there are some employees who have found themselves in personal debt because they spent more money than what they earned.

The economy in Vermont has actually been stagnant in recent years, and the Bureau of Economic Analysis reported that the gross state product of Vermont is the lowest in the country. Because of the low revenues, it is harder for people to find a job that pays enough to cover their living expenses.

People who are living paycheck to paycheck can have a hard time dealing with unexpected financial burdens such as medical expenses, unemployment, or even the regular financial burdens of raising a family and maintaining a home.

If you live in Vermont and you have found yourself in the position where you are having a hard time getting out of debt, then you might consider debt consolidation. This process involves consolidating all of your loans into one easy monthly payment, so that you can afford the required payments and you don't have to worry about dealing with multiple creditors every month.

Taking control of your financial future is a great way to relieve the burden that you are experiencing each month, and many people find that their stress is greatly reduced when they decide to consolidate their loans.

 

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Debt Consolidation In The News

Euro zone to unlock new loans to Greece, working on debt relief

BRUSSELS (Reuters) - Euro zone creditors are expected to disburse new loans to Greece this month and are working on debt relief measures, the head of the bloc's finance ministers said on Monday, steps that should help underpin its economic recovery.

Published:  Mon, 12 Mar 2018 13:40:00 GMT



Former For-Profit College Students Demand Full Debt Relief

The code has been copied to your clipboard. The URL has been copied to your clipboard A group of past students at the former Corinthian Colleges are taking legal action against the United States Department of Education. In early March, the former students ...

Published:  Sun, 25 Mar 2018 03:02:00 GMT



Debt Consolidation Credit Card Debt Relief An Option For Many Today

As Economy Picks Up Speed, Americans Pick Up Pace of Unloading Personal Debt LOS ANGELES, CA, March 05, 2018 /24-7PressRelease/ -- Debt consolidation and credit card debt relief programs have become increasingly sought after and used by more Americans as ...

Published:  Mon, 05 Mar 2018 00:07:00 GMT



Pain Relief for College Students Overburdened by Loan Debt

Legislators turn their attention to problems facing student borrowers, backing bills that would keep them from being overwhelmed by loan repayments New Jersey lawmakers, who were disturbed in the last legislative session by the practices of the agency that ...

Published:  Thu, 12 Apr 2018 05:00:00 GMT



Debt Relief Under the Heavily Indebted Poor Countries (HIPC) Initiative

The joint IMF-World Bank comprehensive approach to debt reduction is designed to ensure that no poor country faces a debt burden it cannot manage. To date, debt reduction packages under the HIPC Initiative have been approved for 36 countries, 30 of them ...

Published:  Wed, 07 Mar 2018 16:00:00 GMT



Student Loan Debt Relief Operations Allegedly Bilked $95M From Borrowers

The federal government and 11 states have joined together to accuse 30 purported debt relief operations of using deception and false promises to swindle more than $95 million from student loan borrowers. "Operation Game of Loans" - the eyeroll-worthy ...

Published:  Fri, 13 Oct 2017 10:44:00 GMT



How to Consolidate Credit Card Debt

GCredit card consolidation refers to merging all your existing debt into one loan, which is different than restructuring your debt, which refers to renegotiating the terms or amounts of your debt. Using credit card debt consolidation as a debt management ...

Published:  Sat, 30 Dec 2017 20:00:00 GMT




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