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Femi Stephen

Dividend Policy: What you Should Know

June 15, 2023 by Femi Stephen

Dividend policy is a company's strategy to determine how much of its earnings it will distribute to shareholders as dividends and how often it will do so. Dividends are payments made by a corporation to its shareholders, typically a portion of the company's profits. A company's dividend policy is crucial because it can affect the stock price and investors' … [Read more...] about Dividend Policy: What you Should Know

How can I save 100k in 3 years

June 10, 2023 by Femi Stephen

The prospect of accumulating $100,000 in three years may appear intimidating. However, attaining this objective is entirely feasible with a well-structured plan in place and a steadfast resolve to adhere to it. Whether the goal is to save for a down payment on a house, initiate a business venture, or create a financial cushion for future needs, various tactics can be employed … [Read more...] about How can I save 100k in 3 years

Getting a Mortgage While in a Debt Management Program

June 6, 2023 by Femi Stephen

If you're in a debt management program, you may wonder if obtaining a mortgage is possible. While it may seem challenging, getting a mortgage while in a debt management program is possible. However, you'll need to take a few extra steps to increase your approval chances. What is a Debt Management Program? A debt management program is a method of combining debts that assists … [Read more...] about Getting a Mortgage While in a Debt Management Program

How to Manage Your Money Effectively

June 5, 2023 by Femi Stephen

Mastering the art of managing your money is a vital life skill that can immensely influence your financial stability and general welfare, irrespective of your stage in life - whether you're starting your career or enjoying your retirement. This article aims to equip you with practical and essential tips and strategies that you can implement to take charge of your finances and … [Read more...] about How to Manage Your Money Effectively

Will A Debt Management Program Ruin My Credit Score

June 1, 2023 by Femi Stephen

Debt management programs (DMPs) can be a helpful tool for individuals who are struggling to pay off their debts. These programs work by consolidating multiple debts into a single payment plan managed by a credit counseling agency. However, many people are concerned about how enrolling in a DMP will affect their credit score. In this article, we will explore the impact of a … [Read more...] about Will A Debt Management Program Ruin My Credit Score

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About Us

Welcome to Debt Types, a website dedicated to helping people understand and manage their debt. We are a team of financial experts who are passionate about educating people on the different types of debt and how to manage them effectively.

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  • Building Your Ideal Credit Score: A Comprehensive Guide
  • Unlocking Financial Freedom: Smart Strategies for Millennials to Build Credit
  • Safeguard Your Finances: Practical Tips to Prevent Bankruptcy
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