Negotiate Credit Card Settlement - How To Settle Your Credit Card Debts We all use credit cards and we probably all spend a bit more than we really ought to, but when finances are tight it is really easy to slip gradually into fairly serious debt. It gets to a point where it becomes a vicious circle as your card bills rise, leaving you less and less each month, leading to even more reliance on credit cards. The end result for a great many...more
Debt Relief Options - Can You Be Sued For Credit Card Debts? When credit card debts go unpaid, it is not at all unusual to be threatened with legal action. When this happens, it is reasonable enough to wonder if they really can sue you or whether this is just another ploy to scare you into paying back the money they are chasing. Debt collection agencies often use this threat, and we all know that some of the less reputable collectors are...more
Debt Settlement - An Easier Way To Pay Credit Card Debt Credit card indeed has added a touch of great convenience to our lives. Yet it has also paved the way to wild spending habits and mounting debt figures. If you are suffering from enormous credit card debts, then be assured, you are certainly not the only one in this plight! Surveys and researches confirm that an average US family owes about $7000 as credit card debt and pays around $1000 as interest every year! A little reckless you get with your credit card and you may land up with a bloated credit card debt encroaching on your finances!Living under debt burdens could be quite distressing. And therefore it is always advisable to get your debt issues resolved as soon as possible. Now if your much cherished credit cards have reaped you quite a bit of due, then it is time you get the dues eliminated and restore a debt-free life for yourself.Here are some guidelines on how to prepare for your credit card debt repayments.· Analyze your financial position: In the very first thing, jot down your resources including all your income, assets and monthly savings on a piece of paper. That would allow you to have an insight into...more
Settle Your Credit Card Debts – Why Debt Settlements Are At All Time Highs So many Americans are drowning in consumer debts and are trying to figure a way out, that will relief them of the stress so they can move on with their lives and put their hard earned money to better use.If you want to settle your debts with you credit card...more
Best Ways To Eliminate Credit Card Debt With the economy still recovering from the recent recession, it is not a bad idea to set a new year's goal of strengthening your financial situation. One of the best ways to do this is by eliminating as much debt as possible, especially credit card debt. When trying to get out of debt, is always a good...more
Credit Card Debt Settlement – Options For Debt Relief If you're reading this article, chances are you have some type of credit card debt. Most Americans are in debt, especially now with the way the economy is. If you have high balances are you're paying the minim payment only every month, then it's unlikely that you will every get straight. A credit card debt settlement may be the answer. Some people are paying hundreds, even thousands of dollars every month on minimum balances and when you get in a situation like this, it just doesn't make sense anymore to keep paying it. The problem is that the principal balance owed will unlikely every get paid off.If you're in a situation like this, then you have various options. You could file for bankruptcy, but this is a more extreme approach and you should always consult with a professional to determine if this is your best option.Another option you have is to negotiate a credit card debt settlement. Now this may be negotiated directly with the credit card company, or with a collection agency. After a period of non-payment, the credit card company may simply transfer or sell the debt to a collection agency. Either way, you do have...more
Credit Card Debt Relief – How To Avoid Being Sued for Credit Card Debt Being sued for debt is a frightening thought, but is an increasingly likely scenario for many consumers struggling through the credit crunch. One of the most common...more
Eliminate Credit Card Debt And Avoid Being Sued Credit card companies and collection agencies are quite within their rights to take legal action against you if you have failed to pay a debt that you legitimately owe. Taking out credit is a...more
Fighting Credit Card Debt – Top Ways To Deal With Credit Card Debt Credit card debt is a major problem in this country. Everyone has a credit card, those that do carry a large balance. The interest rate on a credit card balance is usually...more
Credit score is actually the FICO score given to your account by the Fair Isaac Corporation. It reflects your credit holding, dues paid and almost every money deal you made in your business or shopping. It includes following information from your...more
Credit Counseling - A Way To Become Debt Free Living paycheck to paycheck? Being harassed by debt collectors? Can't make ends meet? If this sounds familiar, you must consider availing debt consolidation, debt settlement or credit counseling....more
Debt Consolidation - Pay Off Credit Debts Without Burden A mountain of debts is what you have to encounter when one fine day you sit and calculate the money you owe to lenders. And then you realize that debts have grown too much for your...more