What exactly is debt settlement? According to Wikipedia it’s a way to approach debt reduction where the debtor and creditor agree on a reduced balance that the lender then treats as payment in … [Read more...] about Debt Settlement – 7 Truths Everyone Struggling with Debt Needs to Know
If you are burdened with debt, you may have considered debt settlement at one point. Some people question if this debt solution is a legitimate way to get out of debt. To set aside your doubts - … [Read more...] about 3 Signs That Debt Settlement Is The Right Debt Solution
We all want to achieve debt reduction. In our society, the use of credit is part of the norm. In the past, being in debt is a taboo. But now, when you use credit cards, it is a status symbol. People … [Read more...] about 10 Ways You Can Support Your Debt Reduction Plan
Do you think that debt settlement is a good or bad idea? It actually depends on where you are standing financially. Some people frown upon the effectiveness of settling your debts because they … [Read more...] about Debt Settlement Doubts? 4 Reasons Why It Is Your Best Option
If you are struggling under a load of debt you could do as have many Americans and that’s go to a consumer credit counseling agency for help. The best of these agencies are nonprofits and offer many … [Read more...] about 7 Myths About Consumer Credit Counseling
As this video explains your 550 credit score means prospective lenders will see you as a poor credit risk so your chances of getting a debt consolidation loan are somewhere between incredibly slim and … [Read more...] about I Just Checked My Credit Score and It’s a Lousy 550. Would anyone Help Me Consolidate my $25,000 in Credit Card Debt?
As the following video reveals, it would be better to use whatever disposable income you have to pay down that credit card debt. The reason for this is simple. The interest charges you’re … [Read more...] about I owe $7560 in Credit Card Debt. Is it Better To Pay Off The Debt or Save for Retirement?
If this is the case it's because you've been carrying balances forward and making only your minimum credit card payments as the following video explains. As you saw in this video the problem is … [Read more...] about Why Are Half My Monthly Credit Card Payments Going Towards Interest?
This may come as a complete surprise but the first thing you could do is negotiate with your credit card issuer to get that 20% interest rate reduced. You will need to contact the card card issuer, … [Read more...] about I owe $20,000 on a Credit Card at a 20% Interest Rate and Feel Like I’m Never Going to Get It Paid Off. What Can I Do?
The following video answers this question by revealing the sad fact that if you make a minimum payment of $225 a month it will take 71 months or almost six years to pay off your credit card debt. And … [Read more...] about How Long Will it Take Me to Pay Off $10,000 In Credit Card Debt At a 17% Interest Rate?
Debt settlement is a tried and tested way of getting out of a tough credit situation. This type of debt solution allows you to pay off your debt despite limited finances. Although some people call … [Read more...] about Buying A House After Debt Settlement? Tips To Raise Your Chances
We all want to achieve a successful debt freedom. When we say successful, we do not just mean paying off our debt. We are after a consistent freedom from debt - at least, free from the destructive … [Read more...] about When Is Debt Freedom More Important Than A Great Credit Score
How do you feel about your debt? Do you feel as if it were an anchor weighing you down? Maybe you feel as if you were being dragged down into a bottomless pit. Or that your debt feels like a huge … [Read more...] about Here Are The Most Important Questions To Ask Before Hiring A Debt Settlement Company
Has your financial situation gotten so bad that you actually feel this way? Struggling to pay off debt can take a serious toll not only on you emotionally but even physically. The stress caused by … [Read more...] about “I’m Gonna Get Out of Debt Or Die Trying”
Unfortunately, it's easy to become confused about debt management and debt settlement. There are a lot of conflicting claims out there in terms of what debt management or debt settlement could do for … [Read more...] about Is Debt Management Or Debt Settlement The Best Option For Dealing With Debts?