Is card debt relief attainable? Here are some things you need to know about credit card.It will take an average of 3 decades plus 8 years to pay off when you embark on making minimum payments on credit cards balance. The repayment will be multiplied by 4 (times four) your debts (just interest payments alone) when you do not raise your present balance. In year 2003, late charges as penalty fee came to an average of $10, and three...more
Did you know that the bailout funds from the Economic Stimulus Package (our tax dollars) were given to Banks and Creditors at zero percent interest? And did you know they turned around and lent that money out at 4% interest and are making money on our tax dollars? Wasn't the purpose of the Economic Stimulus Package to "stimulate the economy?" The banks and creditors could have used that money in countless ways to to do just that....more
Stop debt collectors from calling and harassing you for a payment. Being in financial trouble can bring forth a lot of stress and anxiety. During this difficult time when you are trying to figure out your next step, the last thing you need is to be annoyed by debt collector calls. They are annoying, embarrassing, and sometimes even harassing. You will be glad to know there are guidelines to how far they can go and when they have to stop calling altogether.Here are instances of when debt collectors have to stop calling you:o If you are in the middle of bankruptcy proceedings. All correspondence must go to the attorney who is handling your bankruptcy case. Once you have your lawyer in place, they must leave you alone at that point. Bankruptcy should be a last resort solution.o If you are using the help of a debt relief professional. Once you have the help of a 3rd party, a debt collector needs to deal directly with them. As soon as they have a letter from you stating not to call you because someone else will be working on your behalf, they have to cease direct calls to you. At this point the will only deal with the person you have hired. This is a good solution for you...more
How you eliminate credit card debt seems impossible, but it isn't. You just have to want to do it. The problem is, overspending is easy. All you have to do is use your credit card and you can buy anything you want, 24 hours a day. And then what happens? You overspend... and here comes the bill. This is when the trouble starts. You owe...more
This example would qualify as debt collector harassment: Your phone rings at 7:45 am on a Saturday morning and wakes your entire household. When you answer the phone, there is a debt collector on the other end. You are thinking "Hey wait - they can't call me this early!" and when you voice your frustration at their call, they use...more
Credit card debt relief is available because most people have too much debt. Think about it, our country is run on the credit/debt system. Banks get paid from the interest rates they charge on loans and credit cards. If you read the fine print of many new credit card offers, it may seem like financial institutions are hoping that you will get behind on your bills. Why? So they can charge you more interest. The fine print usually says that the first time you make a late payment, your interest rate will significantly increase ... and it will not go back down until you make at least 6 monthly payments in a row that are on time. The result of this lending practice is that you drown deeper in your debts, even if you don't spend another dime using that card. How? Increased interest rates mean that when you pay your bill, more of your money is going towards the interest and less is going to your actual balance. Every time this happens, it takes you longer and longer to actually become debt-free. This cycle works in the favor of your lender, not you.So, what is too much credit card debt? There are calculations, mathematic computations, and debt-to-income ratios...more
Settle credit card debt by taking specific steps. As a matter of fact, you may be able to settle credit card debt quickly because you may have completed the first two steps already. This is what you need to do:1. Stop paying on your...more
To understand why collection agencies use scare tactics to try get you to pay your bills, you must understand how they work. A collection agency's sole purpose for existing is to pursue outstanding debts from individuals or businesses....more
Shane and Kim Franklin | shaneandkimfranklin@gmail.com | 978-333-6850Qualified Leads! Imagine...Have them Calling YOU?Its true, People really call and email me every day...Really!And we are not some super Gurus or anything...It's happening for a lot...more
One concern which sometimes holds businesses back from investing in a document management system is whether scanned documents have any legal validity. This article answers some of the main FAQs in this area.Are scanned documents...more
The issue is: who does and does not have legal standing to appeal a US District Court decision? The answer to that question may determine whether or not Judge Walker's decision overturning Proposition 8 stands or falls.Judge Vaughan...more
Marriage is an institution based on love and trust. Sometimes its foundation scattered due to betrayal, bankruptcy, alcoholism or domestic violence. Two souls who took vows to hold each other hand found loads of complaint and problems in each other....more