does anyone know how to apply for government grant to get out of debt.
No. The government is NOT in the business of giving away free money for the sake of giving away money. There are no grants for paying bills, no grants for paying off credit cards, no grants for getting out of debt and no grants for simply fattening your wallet.Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.For one, you have to write the grant application and the grant application is not a simple document – you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.There is a stringent review process through a committee. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.You can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.Even if you buy books on “how to get grants” or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently.Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs
How can I get out of debt.
I have recently been careless with my shopping and have gotten into some financial trouble. I hate it and I’m stressing every night. I need some suggestions. I would really like to get out of this situation that is causing sleepless nights. I was thinking of taking a second job. My debt is not event that large….
If you have multiple debts, you need a plan to get out of debt.Get a piece of paper. Write down all your debts, and the INTEREST RATE that they charge next to them. The interest rate is very important.Then, pay minimum repayments on all the debts, except the one with the highest interest rate. That is always your priority. You must pay all your extra money, above the minimum repayment, on the highest interest rate debt. When that debt is clear, the second highest interest rate debt on your list becomes the priority. And so on.If you clear your debts in this order, you will spend the smallest amount on interest and be debt free the soonest.I say get a second job. I have a second job. I work a full time one, and a casual one, to pay down my mortgage. I want it paid off in 5 years, and I’m ahead of schedule. A few extra bucks a week on those loans will have you smacking those loans down.Don’t give money to banks by having too much debt. I say, clear that debt. You are more important. Don’t let the banks take your money. Be motivated. You can do it, because your financial future is worth it.Stop stressing, write down the above plan on your fridge, and make some progress. You can be debt free. Check out the local library for a few books on debt management. There are some good ones. They will be in the personal finance section.Edit: I believe Dave Ramsay is a tool. He suggests you clear the smallest loan first. That might be good for the ego, but if that $100 loan is costing 6%, and you have a $10000 at 19%, and you can only pay $100, paying it on the loan at 19% saves you $19 per $100 borrowed. Paying it on the pissy little $100 loan saves you $6. Why screw yourself out of $13? You’d be a cretin. Forget your ego. You’ll feel like a superhero when you’ve cleared a debt costing you craploads a year. Do it. You’re worth it.Best wishes
How to get out of high auto debt.
Basically I screwed myself – I needed a new car that got better gas mileage so I traded it in but was upside down – the new car is a standard ’08 Corolla and I owe about $24,000 or so on it, with my monthly payments about $500 (they cheated me anyways, but that’s besides the point). On top of that I had to…
You’ve got a number of options.Yes, you could try to refi…go to a credit union! They will give you the best, most honest rates. Even refi-ing you’ll have to have to cover the cost remaining on the old loan. This may be difficult since Kelley Blue Book lists the 08 Corolla at around $15,000. Because you have no equity in the car, even a friendly credit union might be wary of lending, plus you’ll still be paying around $400 a month if you get a 60 month loan at 6.78% (bankrate.com)If you turn the car back in/surrender, you’ll be responsible for the deficiency (the cost of the remaining between what you owe and what they sell it for). This could be a big lump and you’ll be paying for NOTHING, because you won’t have the car anymore. This is throwing money away.You could file for Bankruptcy and give up the car. Since you live with your grandfather and the car is probably your only asset, depending on your income, you could qualify for a Chapter 7. This will make the car and the debt disappear. It won’t be long before you’ll qualify for another loan, but it will be at a higher interest rate due to the bankruptcy, or you could save up and just get a more affordable car outright. With the economy crashing there are lots of good deals out there. Just think, if you save that $500 each month you could have a $3,000 car by the end of the year. I just saw a really nice car on the way to work today, looked great, ran for $3,200 and was less than 10 years old. Anyway, you’ll have a car (with equity) and no payment. This also can ease the cost of insurance because you won’t have to coverage full coverage if you can’t afford to.You could file a Chapter 13 where you could pay the car through the Trustee, but in your case because it is a 2008 car you must have purchased it in the last 910 days making the car a “910 car” meaning you’ve got to pay them back every dime you owe them. If it wasn’t a 910 car you could pay them back just the value of the car and the difference would be unsecured and probably completely discharged in your bankruptcy (discharged = gone/paid for).You could try another trade in, but you are just digging yourself another hole.But, don’t think of the situation as just being screwed. You’ll be ok. Everyone makes financial mistakes now and then. The important thing is to recognize where you are at, how you got there, and know that even though there isn’t an “easy” way out, there are things you can do to get control of the situation. Right now it’s hanging over your head, but it’s not the end of the world. Many people go through the same thing and come out fine on the other end.Warning: Don’t go to those debt relief agencies. They are scams. They tell you they’ll negotiate a lesser payment and have you start paying them. Then you’ll find out that they aren’t paying anyone because there are thousands of dollars of “legal” fees they pay themselves first.Oh, and another warning… if offered a chance to surrender the vehicle for a “no-deficiency” think about the tax consequences. Often, like a deed in lieu, the lender will then “gift” you the amount of the deficiency and you’ll get a 1099. This means your “income” for the year will have increased by the amount of the deficiency, increasing your tax liability.Sorry for all the quotation marks, it’s hard to get across some of the more complicated aspects of consumer finance and pitfalls in answers. Good Luck, though! I’m sure it will all work out.I know you wonder how you’ll start the business if you file for bankruptcy now, but bankruptcy could help you get on a more reasonable financial ground so that you can start a business… All stuff to think about.
Any tips on how to get out of debt rather quickly.
Hi, just wondering if anyone has any tips on getting out of debt, i obviously dont use the credit cards anymore i know that is step one, any tips on how to pay them off fast?
Check out Dave Ramsey on www.daveramsey.com. He has a very clear plan for how to get out of debt and never have to borrow money again.He takes you through 7 Baby Steps where you focus on one thing at a time. He has written a book called The Total Money Makeover. My husband and I have started on this plan, and are already having success in paying off our debt.Good luck!!
How to get out of debt….
My parent’s are struggling big time with the bills and it’s getting a little out of control. At our old house, my parents were a month ahead with the bills, so there was no need to worry. But my dad was diagnosed with MS so we had to downsize. My dad’s job bought a house which we live in, 1500 a month….
Stay in school, but get a job. I am in my senior year and my parents have not paid for any of my tuition or books. I have a job and I pay for it myself. Yes your grades will suffer a little, but I am still in the eighth best business school in the country.Things will work out, they always do. Just remember that the family is most important, not bills or money. Worst case scenario your parents file bankruptcy and life will go on. Right now you need to be there for your dad not their bills.good luck and I wish the best for you and your family.
How to get out of debt without doing counseling.
5000 dollars in debt? how can i get out without having to go somewhere? what could i sell? how long would it take to get out??? PLEASE HELP!
Yes you can do it.I suggest you get the Total Money Makeover by Dave Ramsey. It is the only money management book I have ever seen actually written for people in debt and struggling. You can get it at most libraries. It really does get you out of debt and it has worked for our family but it is not magic cure, however, it is really great to have someone show you how to escape the slavery of debt -at least that is how we felt. Check out the web site listed below or feel free to email me.In essence you need to get a working budget and a you need to get a emergency fund to prevent going further in debt. You can sell of any extras – the average family can raise 1K in a week doing this. The you will have to be focused on getting out of debt and as you pay off one bill you add the money you were paying on the payments for the next. At first progress is small very much like making a snow ball it starts small but as you make make progress it gets bigger and bigger and so will your debt payments
How to get america out of debt.
Im doing a school project and i need help withHow to get america out of debt and better like chinaHow to make child obesity go awayand how to get more jobs in america
I would forget about republicans and democrats and politics in general. Although I can’t say that as I’m from the UK so I only have a basic idea of what it’s like that. For number one get a book on it and look at what the government is doing and is it working or not?For number two, more exercise maybe compulsory or something like that.Number three again a book or something.Hope I helped, good luck!
how to get out of credit card debt.
Pay as much as you can but remember to also put some aside in savings. You need to pay off the higher interest cards first… once they are paid off, DO NOT CANCEL them! Just cut them up so that you will no longer use them. However, you need to make sure there is no annual fee on them… even if there is depending on your credit- you still might need to keep them open! Basically, getting out of credit card debt takes time and persistence. You need to take it one step at a time. If you have a bill pay service like through wachovia bank then they can help you with an automatic deduction and scheduling of payments which sometimes makes the process easier. Hope this helps!Suze Orman also has some great words of wisdom on her website www.suzeorman.com and in her book, “The Young, Fabulous, and Broke.” If you can, you should purchase that book – try half.com or eBay. It has changed so many thought processes including my own! 🙂
How to get out of Debt.
Does anyone know of a good place that will help me get out of debt please let me know thanks again are the ones that they show on T.V. any good
You don’t need to go somewhere to get out of debt. You need to learn to budget and pay more than the minimum, and of course not take on any new debt. You can check out lots of great and helpful books at the library (Suze Orman, Dave Ramsey). These two individuals also have television shows, and the show “Til Debt Do Us Part” offers some great information on everyday debt issues. The television infomercials are scams and will just cost you more money. Good luck to you, but your best bet is to start your own researching into better money management and how to pay off debt quickly.
- How To Get Money For Books
- Debt and Bankruptcy Ask a Lawyer ebook by Steven D. Strauss
- Grants for Nonprofit Organizations- A Guide to Funding and Grant Writing ebook by Eleanor Gilpatrick
- The Complete Guide to Paying Off Your Debt- Credit Cards Consumer Debt Mortgages Car Loans and Student Loans ebook by Emma Hayes
- How to Get Out of Debt Stay Out of Debt and Live Prosperously – Based on the Proven Principles and Techniques of Debtors Anonymous ebook by Jerrold Mundis