There’s some BIG differences between bankruptcy and debt settlement. Learn about those differences here and make an informed decision. A growing number of adults become credit card holders every year. Along with that distinction comes a growing number of people racking up giant credit card bills that they can’t pay off. This is obviously not […]
Get Out of Debt with some Debt Help
Here's some solid advice and simple tips to get rid of the debt that's been burdening you for years. There's really no easy way out of debt and each option involves some pain. Your choices are basically these:
- do nothing but pay minimums - This is the super long way out. Good luck.
- the debt snowball approach - Also a long way out, but you'll learn budgeting and get financially disciplined.
- Debt Consolidation - A common choice, leaves your credit intact, but also keeps you paying interest for years.
- Credit Counseling - Helps reduce interest rates, but also leaves you paying
- Debt Settlement - If you're in deep. Beats up your credit, but you'll be out of debt faster.
- Bankruptcy - The last resort. Terrible on your credit and your life.
In addition to these methods of getting out of debt, we are loaded up here with tons of useful information on how to deal with creditors, debt collectors, how to get out of debt yourself and other goodies to help make your journey out of debt a faster one.
It seems unfathomable that people would prey on individuals when they are at their lowest. However it is not only a common practice but one that is growing right now as families are being stretched beyond their limits financially. An area experiencing rapid growth for scammers is the debt settlement niche. You would think that […]
Debt settlement can be a real benefit for those who are saddled with large amounts of high interest credit card debt. This overview will get you started on the basics of debt settlement. In a nutshell, debt settlement (sometimes called debt negotiation) is an aggressive method of debt reduction where creditors forgive a large portion […]
These debt settlement letters are the written proof that by negotiating a settlement with credit card companies, you free yourself from thousands of dollars of debt. These are real offers of real debt relief! Here are the images of the of settlement letters I have received from our creditors. These are real, actual letters, minus […]
Are you considering debt settlement as an option to tackle an ever increasing amount of debt? If your best attempts to maintain minimum payments and keep your credit score out of the dump are failing and you feel you are running out of options, debt settlement can provide a road to real debt relief. There […]
You’ve been working on a plan to get debt free but have you considered what you need to do to stop the cycle of debt from repeating itself. Once you have done the necessary work to regain control of your finances, you need to continue to work on staying debt free. Here are some more […]
It is difficult to anticipate how financial fortunes will unfold. There are so many influences shaping personal financial matters, even the most conscientious money managers have a hard time covering all the bases. And just when the elusive promise of financial stability seems like a real possibility, unforeseen challenges of great magnitude can change your […]
Consolidate debt or Negotiate a Settlement? Learn the differences between each of these debt management options and which is best for your situation As more and more consumers end up with huge amounts fo credit card debt with poor credit scores, many wonder whether they should join a debt management program. The real question is: […]
Making the move to consolidate your student loan debt can reduce your payments and free up cash. For those that have student loans like a Stafford or Perkins Loan, a student loan consolidation program may offer you several benefits. This type of consolidation loan works much like other consolidation programs. The loan, or loans, is paid off […]
There’s a couple to different types of consolidation loans – learn which may fit your situation best. A debt consolidation loan is a new loan you obtain to pay off various debts you have. A debt consolidation loan is usually acquired from a private lender and qualification may depend on your credit score, income and […]