Same day bad credit loans: Credit verification is needed no more Bad credit is the present outcome of how you have been dealing with your credit in the past! Mostly people have bad credit because they are unable to pay off of their debts on time. So as a result they suffer from bad credit issues. Also, a bad credit holder finds it very tough to source funds. But not anymore! Now several loan companies have come up with same day bad credit...more
Eliminating Your Credit Card Debt – A Proven Debt Relief Tactic Are you good in financial planning? Do you always save for rainy days? Most of the Americans do not save for rainy days and they tend to spend more than they earn by using credit cards. Due to global economy crisis in 2008, many of them have lost in their investment and at the same time, they have lost their jobs too. Without monthly income, how can a person pay back his or...more
The Credit Card Debt Settlement Process – Does It Really Work? Negotiating credit card debt is a tiring and time consuming process. Some people choose to appoint legal firms or debt settlement companies to assist them to negotiate with their card providers. In order to save cost, some card holders choose to negotiate with their creditors on their own. A do-it-yourself debt settlement can be done through formal letters or through telephone. In some debtors' point of view, bargaining with their creditors through telephone enables them to obtain the result faster. If this is the case, does a settlement letter play a role?In my personal opinion, the whole debt negotiation process will not be completed if there is no formal settlement offer given to the creditors. Even if you have contacted your creditors through phone, to play safe, you are still required to send in your settlement proposal by stating the settlement amount and the date of settlement clearly. At the same time, you are reminded to place your conditions in the letter where the creditors are required to remove all the negative items from your credit file when the payment is made. It is not wrong to communicate...more
Debt Settlement - How Debt Settlements Affect Your Credit Score The words 'debt settlement' seem ominous, and many who are in debt don't even know what these words even mean. Getting debt settlements can really help your credit score, though. Here is what these things are, how they work, and how they can help your credit score.Basically, a...more
Proven Tactics To Get Credit Card Companies To Reduce Your Debts Consumer debt is at record levels, with billions of dollars being owed by individuals on credit cards alone. In the economic good times, this was sustainable, even if it was a drain on people's finances and in some cases led to personal financial disaster. In today's very...more
Credit Card Debt Solutions Why Your Creditors Will Forgive Up to 50% of Your Debt The recent economic slump has hit the business as much as the common man. The common man is struggling with his debts where the businesses have been trying to recover from their losses. Such times have seen record increases in the number of filed bankruptcies. Customers who are unable to meet up with their credit card bill payments have filed for bankruptcy which in turn has increased the losses of the credit card companies.Debt settlement has brought relief to both debtors as well as the creditor. This is a debt relief method in which the creditor as well as the debtor both agree to settle the account for an amount less than the total outstanding balance due to the creditor.The reason why a creditor agrees to this arrangement is that they get an opportunity to recover some part of the debt amount which would have been lost had the customer filed for bankruptcy. Whereas the debtor gets a chance to get out of debt by only paying a part of the amount that he owes to the credit card company.Any debtor who has ten thousand dollars or more in unsecured debt is eligible for this debt relief...more
Debt Settlement - How To Eliminate Unsecured Credit Card Debt Debt settlement has extensively been used as an alternative to recuperate from credit card problems. The recession has been a very big pain to our economy. In these times, too many...more
Debt Consolidation Credit Cards - Using Credit Cards to Pay Off Loans Credit card debts are now commonplace and many individuals are looking for credit card debt assistance. The first step towards a debt free life is to start paying your bills...more
Burdened By Credit Card Debt - How To Significantly Lower Payments And Reduce Credit Card Debt Credit card was genuinely introduced as a convenience for people. As years rolled by, credit card became a necessity helping people buy everything...more
Bad credit is a situation where a person could not able to get the loan approved due to poor past records. It happens when some persons could not repay the debt taken in time or may have defaults in their name. Such persons when further go for any...more
Credit Card Debt Relief - Creditors Are Always Interested To Settle Debts Economy in recession has paved way for a huge financial crisis which is bound to affect the individuals as well as the financial institutions. Credit card has become a...more
Consolidation Credit Debt – A Legitimate Debt Relief Tactic Because consumers are familiar with the term 'credit consolidation', it is often one of the first places they turn when they realize they are too deeply in debt to get out of it on...more