How Can Single Mothers Use a Debt Consolidation Loan to Recover From a Bad Financial Rut?

There are many public and private financial firms offering grants to the single mothers who are looking out for ways to get rid of their troublesome financial debts. The need for financial aid may be many as to paying out the utility bills, child care, medication, housing, medical expenses, education, mortgage, etc. among many others. However, one problem is that many of such single mom grants offer only limited funding, and many of these have several strings attached that the single moms … [Read more...]

Creditfix’s Individual Voluntary Arrangement Helps Single Mothers Manage and Tailor Their Debt Repayment Schedules

What is an IVA? An individual voluntary arrangement allows you to pay off your creditors and make regular payments over a certain period of time. This arrangement requires you to convince at least 75% of your creditors to accept your proposition. And as a mother, when you are a single parent and the sole breadwinner of the house, this is an ideal deal for you because as long as you are making your regular IVA payments, your creditors cannot barge in on you. This is an ideal way to forgo your … [Read more...]