Author Archives: Cynthia Osgood

I wrote about it once, either on this blog or on the other, regarding company financing.

But to better show the situation of an indebted person, I will use an example again. Well, dog flea - the record holder can jump to a height of 25 cm, the average jump is 15.5 cm.

Do you know how a flea behaves in a jar?


This happens in the wild, because when it is caught in a jar, for some time it tries to get out of it, then adapts to the situation in which it finds itself, jumping only to the height of the lid.

When after some time we unscrew the lid, it turns out that the flea is still jumping to this limited height. She was taught to live in such and no other conditions, she was used to the comfort zone that prevailed in a closed jar.

Do you also act like that flea?


Well, just like this flea, most of society behaves. The comfort sphere, which is programmed by the media, banks, retail chains, etc., sets the rigid framework in which the family lives.
Such frameworks are life from Christmas to Christmas, from promotion to promotion, from credit to credit, from loan to loan. The frames that limit other views of the surrounding world are so strong that it is very difficult to free yourself from them. You have to have a lot of strong will and your own point of view.

We do not have to imitate anyone, follow the example of celebrities who, for me, are not such ideals that they are a worthy model of all virtues and conduct.
But today I want to focus on many millions of indebted people who are unable to leave their comfort zone, which is living in debt.

Once taking the first loan, the first loan, they became slaves to the creditor - a bank, a loan company. And this zone has such a strong impact that it begins to drill not only the pocket but also the human mind. Like a disease that, if left untreated, overwhelms the whole body. From this moment on, a person in debt starts behaving like a flea in a jar.

Overwhelmed by debt mania

Overwhelmed by debt mania

A person stops thinking logically, wanders the city streets obviously not because of the desire to visit or health. He traverses them only to look at banks or credit bureaus. to find out if they have any new offers.
Yesterday morning I met a lady, a client whom I once helped to get out of debt.

She was practically on a straight line and fell into a credit spiral again. She told me that she had loans at every loan company and that she would probably never leave them for the rest of her life. He takes one loan, pays it off with another. And such a carousel has been going on for several years. Instead of savings - debts. Instead of a peaceful life - stress.

Before a debt becomes a snowball you cannot afford, it is best to go after ways to renegotiate it. There are already 59 million delinquents in the country, which is why financial institutions have also provided facilities for debtors. If you want to renegotiate debts , be aware that there are even applications that can help you.

There are several ways to pay off your debts by paying less interest. Check out the selection we made.


Ways to renegotiate debt



There are several applications that allow you to negotiate debt value without having to leave your home most of the time. They are available for Android and iOS.



Tasken company app that promises to end embarrassment, as the customer does not need to make a call or go to the bank to negotiate a debt quickly and securely.

In this app you can track debts with Debt's lenders, print slips and make deals. It is available for Android and iOS systems.




App created by Recovery company that allows you to generate discharge letters with your creditors at any time of day, allowing you to negotiate debts. In addition, it is possible to check salaries and generate duplicate slips.


Lorasa Consumer

The Lorasa Consumer app can query if your name is dirty. This function is free and gives you the possibility to settle your social security number.

There are companies that make available through the app the debt payment slip and others that offer only the contact for renegotiation.

For iOS system users the news is bad as the app only runs on Android.


Bank Applications

Bank Applications


Several banks have been betting on applications that allow the customer to renegotiate debt. Goodlink Bank, Itaru, Chisa and Sanbuwan are on the list.


Online loan

Online loan


Eventually you have a debt but are unable to repay it even with the renegotiation of the amount. One option in this case is to seek a lower interest credit that allows you to make the debt transfer and thus repay the amount.

Fundico, for example, allows you to take out personal loans online. The Total Effective Cost (CET) of this credit ranges from 3.48% to 5.64% per month, depending on the analysis and installment of the proposal.

We have separated important tips for those looking for a loan online. Here's how to find out the best credit options.

When we have any financial unforeseen circumstances in the personal field, whatever the reason, we first go to our parents, friends or very close people, because they will borrow the amount we need and the interest rate is almost nil, and in most cases, It doesn't even exist. But when can we not count on this alternative? How to get a fair loan comparison and close the best offer? We have selected a few tips to help you make this choice:


Don't be afraid to search for loan


Use and abuse online search engines, such as Google, to search for the best personal loan rates. Using words related to what you are looking for will bring important results in your search. But beware : Not everything we find on the internet may be true, so it's important to be aware of the kind of information you include on unfamiliar websites. We even have a post talking about how not to fall for loan scams.


Ask your parents and friends

Ask your parents and friends

Maybe your parents have already gotten a personal loan in the past, so they can give you a great suggestion on where to get credit. Talk without fear and ask your questions.

After family, you can talk to friends, after all, friend who is friend always has a good tip for us to give. Unfortunately, some people still treat personal loan as a bad thing when it is not. After all, credit to which we have credit card access, for example, is also a personal loan line, you know? So if you remember a friend who has had this operation in recent months, call him to talk and see which options he considered when comparing. Remember that an acquaintance's experience can help you not to make mistakes.


Browse online personal loan sites

personal loan

With the advancement of the internet, financial companies are increasingly incorporating technology into their operations. They are called fintechs (the term is the junction of technology and finance). Companies such as these offer solutions to customers underserved by financial institutions, such as the credit card offered by RuBank , which gives customers the option to apply for a credit card without being connected to a bank.