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Submitted by: James Wallis

Even if your loved one is not around anymore, you have to pick yourself up, dust yourself and move on, because nobody else can do it for you ultimately. In the following, we are going to look at some of the ways in which divorce affects our lives. There is no way to average this, of course, as the impact differs from person to person.

The Positive and the Negative

Like everything else that is of earth-shaking importance in our personal lives, divorce too has positive and negative impacts. And like everything else that is human, there are no solid black and white divisions here. A potentially harmful effect can give us the strength that we did not know we possessed and make us turn a new leaf. Similarly, what seemed to be great as a starter may soon grow to be a curse rather than a boon, bringing in more sorrows than it was supposed to eliminate. The factors cited below are, therefore, double-edged swords, and how we look upon them depends on our set of personal circumstances.

Loneliness and Lack of Intimacy

Being lonely and being alone are not the same. One may find solitude peaceful and like a balm, on the other hand, it can grow to a deafening silence at times. We all crave for the human warmth of another fellow creature beside us when we are physically or emotionally lonely. Many divorcees fear returning home at night as they see the long, dark, endlessly lonely nights stretching into the distance. One can be terribly lonely in a crowded pub surrounded by friends, or in a quiet room with no one around. Overcoming this gnawing emptiness is everyone s personal mission; support groups may be helpful up to an extent, but the mind has to be managed by ourselves. Pets, children or adopting children may also help. Work is also a good energiser.

Division of Income and Assets

According to a survey, divorce affects the average British citizen more thoroughly than disease or bereavement. The number of people who have applied for bankruptcy due to divorce has gone up too. The general problem that afflicts more than 60% of the divorcees is the management of heavy loans including quickly taken personal loans that can cause a lot of complications. The next great problem is that of housing. The asset whose division causes maximum problems is the residence. One spouse usually stays back in the house, while the other has to move out. The burgeoning property prices in the UK has prevented most divorcees from buying apartments of their own, resulting in a hike in the rentals in some areas in the prime cities. It is highly advisable that you plan the financial implications of divorce well in advance so that you are not left suddenly helpless and fending for yourself, and even worse, your children as well.

Single Parenthood and Custody

Children are very important to their parents and, sometimes, so important that they become the weapons in a battle between two grown-ups. Joint custody may be a solution, but is a bad idea if the parents continue bickering, using their children as spies, forcibly change their daily schedules to suit each household etc. Single custody with visitation rights is the hottest area of fighting in divorces, and once the decisions have been taken, it may be very difficult for the single parent to cope with the sudden burden of bringing up a child alone. Maintenance dues may not be cleared on time, and the Child Support Agency is not always successful in bringing the errant parent to book. Custody has its own heartaches as no parent can define what is enough time for having a healthy relation with one s own offspring. Children need both parents to have balanced minds, but do they have a choice?

New Relations and Affairs

There is no use in holding on to a tattered old relation after the divorce is over and done with. New relations and affairs can be heaven or hell, depending on the persons involved. But it is true that some amount of socialising is needed after divorce; otherwise one may slide into an easy bout of depression.

Personal Freedom

What is freedom? For some, it translates to evenings of partying, for some it means a better career, and for some, chances of brining up children better.

About the Author: James Walsh is a freelance writer and copy editor. If you would like more information on how to get a quickie Divorce see

quickie-divorce.com

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By Jessica M Peterson

Do you have bad credit but are in need of a personal loan now to help you pay for everything from everyday living expenses in a bad economy to major appliances, and more? If so, you may be hesitant to apply for a personal loan because of your negligent credit history. However, there are many wonderful lending institutions that process loans for a specific group of borrowers, those with bad credit. And you can qualify fast.

What Is A Personal Loan?

A personal loan is a loan that is written out for a non-specific purpose. Most lenders do not ask you what purpose you have when you apply for a personal loan. That makes a personal loan perfect for lots of different needs that you may have. There are two types of personal loans: the unsecured personal loan and the secured personal loan. Let us look at these two types more closely so that you can determine which is best for your situation.

Unsecured Personal Loans For Bad Credit

The unsecured personal loan is a loan that is granted solely on the basis of your signature, and is therefore often referred to as a signature loan. Because the lending institution does not ask you to post or pledge collateral against the value of the loan, the lender is relying on your past payment history when judging your creditworthiness. Because of this, most bad credit borrowers may find it difficult to procure a bad credit loan. You can always improve your chances of getting an unsecured personal loan by asking someone who has better credit than you do to apply with you on your personal loan application. This person is known as a cosigner.

The unsecured personal loan is usually not the right type of loan for the bad credit borrower who does not have a cosigner. If you are approved for an unsecured personal loan with bad credit, be prepared to pay a greatly increased amount of interest in the form of a higher interest rate. This higher interest is assumed because of the greater risk that a lender takes when loaning money to someone who possesses a poor credit record. For those bad credit borrowers who have no collateral and are without the benefit of a willing cosigner, the higher interest is often justified to get the loan that they need.

Secured Personal Loans For Bad Credit

The easiest personal loan for those with damaged credit is the secured personal loan. The secured personal loan is a loan granted based on the borrower’s collateral. The lender will hold surety interest in the collateral that you pledge until you have satisfied the terms and conditions of the lending agreement and repaid them in full. The secured personal loan is the perfect loan for the bad credit borrower because it allows the borrower to rebuild their damaged credit file through monthly payments that fit the budget quite nicely.

Bad credit borrowers should borrow with caution, however; if your payments are late, your lender can force the sale of your collateral to recoup the amount of money extended to you. The interest is much more reasonable on bad credit secured personal loans, making them much more affordable than the unsecured version.

About the Author: Jessica Peterson is an

Bad Credit Unsecured Loan

Consultant with more than twenty years of experience. For more information about

Personal Loans

, no credit check loans, guaranteed loans, personal loans, car loans, guaranteed student loans and other financial products please visit http://www.yourloanservices.com

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By Sean A. Kelly

People, in general, hate debts. The idea of having to set aside an amount of money every month to make sure that the debts are paid may seem ridiculous to many people as it might only seem more logical to put that money into an account where it may grow, for example, in mutual funds. However, the reality may almost always be a lot different than the ideal situation. At some point, you may even find yourself hitting a plateau where you may no longer be able to pay your debts off. Given the factor of economic recession with many people losing their jobs at a time when job opportunities are scarce, you may find yourself contemplating signing up with a debt reduction program. You know that if things remained as they were you probably would not need to but circumstances do change and you may need to do all you can to adapt to that change.

After a few days of research and background checks, you may probably decide upon a debt reduction program that you believe may be able to help you negotiate with your creditors to reduce the amount you owe. Probably you have already prepared all the necessary paperwork to show that you have been a good paymaster all your life and that you need your creditors to reduce the amount of your debt because you are currently unemployed due to the downsizing of the firm where you worked. With such detailed preparation and good track record, it probably would not be too difficult to convince your creditors to reduce your debts. However, you may be surprised to find out that your creditors would not automatically reduce your debts simply because you are suddenly unemployed.

Generally, creditors rarely allow a reduction of debts or even debt settlement unless you are already more than just a few months late in making your due payments. So, in order to be successful in negotiating for a reduction of debts, you may have to stop paying your creditors for a few months. Of course, this would not be a problem since you are already unemployed and cannot afford to make the due payments anymore. The problem may probably lie on the effect of delinquent payments on your credit score and rating. You probably already know that any late payment may cause a slight dent on your credit report but to actually purposely miss several payments may cause more than just a dent. Before your creditors reduce your debts you may probably have to watch your credit score reduce first.

The domino effect then continues as your late payments may remain on your credit report for up to seven years. On top of that, even if your appointed debt negotiation company is actually successful in having your debts settled or reduced, your delinquent payments may not even be removed from your credit report. So you may suddenly find it difficult to apply for a new loan or to make big purchases unless you have any asset to put as collateral. There may be instances where creditors or sellers may approve your purchase or loans by looking into your credit history back to before you were unemployed. Even so, they may impose a higher interest rate as you may be considered as a high risk applicant. So if you really wish to go ahead with a reduction or settlement of your debts, you may want to have a back up plan on how to quickly improve your credit score so that you may not have to stay a high risk applicant more than to the extent that you need to.

Generally, if you have always been current on your debts and wish to maintain your good credit score you may want to opt for a different method than debt reduction or settlement. Of course, it may be advisable that you sign up with a consumer credit counseling program so that you may develop a debt management plan with your creditors without reducing or settling your overall debts. At least you may still be able to pay off your debts in full so that your credit report may not be affected.

About the Author:

debt reduction programdebt settlementdebt negotiation

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isnare.com

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