Debt Settlement vs. Bankruptcy

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 […]

What is Debt Settlement?

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 […]

My Settlements – Sample Debt Settlement Letters

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 […]

Debt Settlement vs Debt Consolidation

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: […]

The Importance of Credit Counseling

Credit counseling involves a one-on-one consultation with a credit expert; a person who understands and can explain the complexities involved in a person’s credit score.  While some people get credit counseling before applying for a credit card or a loan, many others do not.  While this is an individual decision that must be left to […]

5 Signs that You Need Credit Counseling or Debt Settlement Help

Some people can climb out of debt through simple budgeting. They determine how much they spend each month, and then look for ways to cut down on that spending. Savings they find go right toward their debt, and over time, that debt starts to fall. Other people may find that budgeting simply doesn’t provide enough […]

Active Debt Company Review

People with more debt than ability to pay often turn to debt settlement companies for help. These companies offer to work directly with your creditors, and they claim they can reduce the overall amount you owe and make it easier for you to take charge of your debt and make progress on paying that debt […]

Should I Choose Debt Settlement Over Bankruptcy?

The recent economic depression has pushed millions of people into a deep and dark financial hole. In their quest to get out of debt, people often resort to debt relief programs. Debt settlement and bankruptcy are two of the more popular programs, but people often get confused when it comes to choosing between the two. […]

American Express Sample Debt Settlement Agreement Letter

American Express has long been known as the premier business credit card.  And for a while now, they have become a significant player in the personal credit card market, and as with any big credit card company, they have customers for whatever reason, cannot pay their credit card bills.  American Express will generally be willing […]

Bank of America Sample Debt Settlement Letter

Bank of America is a huge financial conglomerate who often is willing to negotiate settlements with credit card holders who can’t make payments on their past due credit card debt.   Like other major credit card companies, Bank of America realized that settling a debt with a customer is way more cost-efficient for them than […]