Zulit » Money http://www.zulit.com WHEN YOU OWN A RUG YOU OWN TOO MUCH - Jack Kerouac (a really bad drunk) Tue, 27 Jul 2010 19:10:07 +0000 en hourly 1 http://wordpress.org/?v=3.0 Non-Profit Debt Consolidation http://www.zulit.com/2009/01/30/non-profit-debt-consolidation/ http://www.zulit.com/2009/01/30/non-profit-debt-consolidation/#comments Fri, 30 Jan 2009 16:53:18 +0000 terryzulit http://www.zulit.com/?p=734 Continue reading →]]> nonprofitdebtconsolidationNonprofit debt consolidation is becoming a very popular financing product or term these days. When call it a loan product it sounds like an oxymoron doesn’t it. I mean how can it be a bankable lending product and still be considered non-profit?

I’m sure you’ve noticed all of the television commercials for Free Credit Report Dot Com. Very clever ad indeed. Americans in 2009 will be looking for personal financing products such as free credit reports and non-profit debt consolidation services.

As it turns out a web site (company or webmaster) can claim to give non- profit debt consolidation services by directing you to a web site like the one example mentioned above, and they will make a commission. A tidy little bit of profit for sure.

That fact is that most sites that claim to provide a non-profit service are indeed making a profit. Not that it really matters as long as the user, client, or customer are getting all of their debts consolidated without having to pay any extra fees (closing fees, high interest rates).

If you really need debt consolidation you can also consider doing it yourself (DIY Debt Consolidation) whereby you lump all of your bad debt into a few creditor accounts and then request debt settlement agreement and pay a only a percentage of your debt (30% to 70%) depending of course on the willingness of the lender, bank, financial institution, or law firm in the form of a Chapter 13 settlement.

What ever you do, the goal here is to stop all those bill collectors and collection agencies from harrasing you all day long!

]]> http://www.zulit.com/2009/01/30/non-profit-debt-consolidation/feed/ 1 Why Canadian Currency Has French and English http://www.zulit.com/2007/11/04/qa-why-does-canadian-currency-have-french-and-english/ http://www.zulit.com/2007/11/04/qa-why-does-canadian-currency-have-french-and-english/#comments Mon, 05 Nov 2007 00:26:16 +0000 terryzulit http://www.zulit.com/2007/11/04/qa-why-does-canadian-currency-have-french-and-english/ Continue reading →]]> english_french_canadian_dollar_coin_2003Q: Why does Canadian currency have the French and English language on it.

A:This question is asked by some people outside of Canada who don’t know that Canada is a bilingual country (French and English), so it’s federal law that dictates all Canadian currency, including the Toonie (metal coin), Loonie (metal coin), $5, $10, $20, $100, and $1000 bills must have both the French and English language displayed. 

canadian_french_english_1000_dollar_1954
(enlarged image is not fuzzy)  

Click this French/English Canadian $1000 dollar bill from 1954. You can see the English print “happily” presented together with the French print.  

french_english_canadian_money

Click image above to see all of the most used (and current) paper Canadian paper bills, which of course all have French and English language printing on them.

If you want to learn more about Canadian history regarding English and French wars, and the eventual co-habitation of all watch this really cool educational video called “From The Warpath To The Plains of Abraham“  

The blog I found this video on is called CanuckHistory.com on this post.  

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