Credit card help a desperate need? You are not alone in seeking a resolution. We are taught from youth that we must pay our debts. Guilt is a normal feeling when the debt becomes unpayable.Bankruptcy may be the simplest solution to get help. It certainly is one way to eliminate your unsecured debt. But not the only one available.By negotiating credit card debt, you can also eliminate the debt. You can opt to pay it off at pennies on the...more
Becoming credit card debt free is only a dream for most people today. What options are there to get free from the obligations?Imagine for a moment that you did not have to think about where the money would come from to pay bills each month. Imagine being financially free. Instead of working for forty years and forty plus hours per week, you only work when you want or not at all. Instead of having more month than you have money, you have plenty of...more
The greatest concern that I hear from my clients is: "If I settle my debts with my creditors, I'm worried that my credit will get ruined".I understand. The truth is, if you combine credit repair with debt settlement, your credit will only be temporary affected, not ruined. A quality debt settlement company that offers credit repair as part of their services should actually improve your credit- often much better than it is now.Besides, if you have an excessive amount of unsecured debt, your credit is already negatively affected. Debt settlement and credit repair go hand-in-hand, like peanut butter and jelly.In Order To Save The Most Amount Of Money, Focus On The Big PictureI strongly recommend that you prioritize your situation.Your main focus should be on getting out of debt.I have a question for you. What would you rather have: good credit now and be overwhelmed in debt for decades, or be completely debt-free and have a temporary low credit score? Don't say you want both good credit and be debt-free because unfortunately, that's not possible-yet.For now, don't worry about your credit. Why would you want a good credit score at this time anyway? So you can add more debt and end up...more
If you said "yes", fair enough. I can understand that it may appear that way. However, it isn't unethical to stop paying your debt if you cannot afford to pay it, is it? After all, people's finances change all the time. There's no guarantee what the future may bring.Due to the financial crisis, many debt collectors are settling for lower amounts...more
In the 14 years of settling debts for my clients, I've only had 6 accounts that either the creditors refused to settle, or offered a payment plan. And I've settled over 2,500 accounts.Why such an extremely high ratio of settled accounts? Am I that good?! The answer is...no.Credit card companies are just like any other "for profit" business. They...more
Debt is something that seems to be more common as the economy goes through it changes of the past few years. People have become unemployed and had to take pay cuts as businesses do what they can to remain viable. This has put people in the position where they have had difficulty keeping up with monthly payments and they have also had to rely on credit cards to pay expenses that they normally would have paid with cash.Poor credit comes as a result of not paying your bills on time or not paying them at all and for many it is situation that they don't have a lot of control over. It is not that they do not want to pay their bills, it because the money is not readily available at the time that the payment need to made. Also, have a lot of credit that is maxed out is a big contributor to a low credit score. But the good thing is all of these things that contribute to poor credit are reversible with time and the necessary changes to correct them.On the outside chance that you do find a debt consolidation for bad credit, the interest rate is probably going to be high. That is normally the tradeoff when it comes to not having good credit. The other thing that is normally required in a debt...more
It's possible, but highly unlikely. Creditors and debt collectors of unsecured debt (e.g. credit cards, charge cards, medical bills, collection/charge-offs) do have a right to pursue legal action to collect an unpaid debt.However, it's a big risk to...more
Your credit score is at the top of the list of the things that your potential lender wants to see when you ask him for a loan. If it is not high enough he may refuse you the loan outright. Alternatively, he may give you the loan, but at onerous...more
The fact that millions of consumers all over the world are still facing serious debt problems should make each one of us become more aware of our own spending habits. If you own a credit card or two, you should be particularly extra careful in how...more
Disclaimer: This article is provided for educational and informational purposes only and should not be considered a substitute for professional and/or financial advice . The information found in this article is provided "AS IS", and all warranties,...more
Accreditation has emerged as one of the main issues in employment, particularly in the global market. Accredited courses are qualification standards, recognized by national law and in many cases international employment treaties. Australian...more
How to apply for a Visa credit card By: Lndon Talley About the Author Visit www.creditcardadvices.info for more information about redit Score (ArticlesBase SC #3129385) Article Source:...more