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Now to actually get a bad credit debt consolidation loan you're going to have to convince the bank or loan company that they really are going to be benefiting. Just telling them that they will make more money in the long run won't cut it. You need to present a well thought out case as to why it makes sense to consolidate your existing loans. Poor credit isn't necessarily a barrier to you getting a loan to consolidate your debt as the companies understand your situation. There does though have to be an explanation when you apply for a loan for debt consolidation. Poor credit requires you to explain how you came to be in arrears and, just as importantly, why things are going to be different now. They succeeded in driving the price up to around $54 an ounce before the authorities changed the rules on margin trading. As a result the market crashed spectacularly into freefall. If you had blindly followed them because you didn't know what you were doing but thought it was safe to do so because others were following them you could have finished up bankrupt. They will look at any number of technical indicators that they feel will give them a clue as to what may happen. Of course outside influences can also affect matters. These can happen very rapidly without warning and send prices shooting either up or down and totally confounding the indicators. A feature of any stock market that further complicates matters is the fact that there are several prices for any one stock. There is a maturity period, after which you get back the sum you deposited along with the interests accrued. Since you are going to get your savings here in the form of interests, the concept of high CD rates becomes important. It does not take a lot of genius to understand that if you make Certificates of Deposit with high CD rates, you stand to save an appreciable amount. Whichever type of investment you are considering make sure they have a proven track record in that particular field. Ask around family and friends and check with the Better Business Bureau. Remember a specialist will usually have much greater success than a general practitioner. If you address all these points you will very quickly find you have the answer to the question "how do I start investing?
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