Debt Settlement Letter – If You Do It Yourself, You Need to Know This

If you are comfortable with your negotiation skills and find it unnecessary to use a debt settlement program offered by various companies, you can try to settle your debts by yourself. There are rare instances when the creditors themselves initiate the process of settlement by sending you an offer letter. However, in most instances you have to start the ball rolling. You can do this by sending your creditors a debt settlement letter. Read the rest of this entry »

Debt Settlement Companies – Be Careful, Very Few of them Are Good

If you’ve decided to use one of the many debt settlement companies around, you’ll want to ensure you use the right one. There are plenty of bad companies out there that are listed in the Better Business Bureau. Here are things to look for. Read the rest of this entry »

Consumer Debt Settlement – Quick Guide to Help You Decide

Consumer debt settlement: is this right for you? Are you a good candidate for a debt settlement program? Here is a guide to help you determine if this is the right debt management solution for you. Read the rest of this entry »

Debt Management Program – The Cornerstone of Sound Finances

A good debt management program is one of the best ways to take control of your finances by devising a financial plan and payment scheme in order for you to manage your debt and keep up with your bills. There are two ways to handle a debt management, either you do it by yourself or you hire a debt management company to assist you. Read the rest of this entry »

Debt Settlement – USA has become a Debtor Nation

What is debt settlement? USA debtors lifeline to save them from the black hole of financial ruin. Why has debt settlement become so popular in the US? Read the rest of this entry »

Debt Settlement Scams – How to Ensure the Company is Legitimate

According to the Federal Trade Commission, debt settlement scams prey on thousands of people every year. These debt-laden consumers are scammed out of more than a thousand dollars each in up-front fees by unscrupulous companies promising to make them debt free. The marketing hype makes these debt settlement programs sound like the answer to their prayers only to find out too late that they instead are thrust deeper into the pit of financial ruin. Read the rest of this entry »

Consolidate Credit Card Debt – Guide to Debt Simplification

Paying off debt can be taxing, more so if it involves several debts with varying monthly due dates and interest rates. Multiple credit card obligations is now a common reality shared by many individuals. It means juggling between different interest rates and monthly due dates which can easily end up in late payments and penalties. If you are caught up in the same dismal situation, you may want to consolidate credit card debt into a single monthly payment. Read the rest of this entry »

Debt Consultation – When You’re Unsure of What to Do

Tackling the challenge of getting out of debt is an overwhelming task for an individual; this is especially true if you do not know where to start and how to go about it. Should you be caught in the same predicament, debt consultation with a reliable company can give you the much needed push to the right direction. Read the rest of this entry »

Debt Management Plans – Road Maps for Keeping Your Finances in Order

Debt management plans are offered by most credit counseling companies to help over-indebted individuals manage their unsecured debts. The plan is drawn up according to the debtor’s capacity to pay. The counseling companies will then negotiate with creditors to reduce interest rates and/or eliminate late and over-the-limit fees. Read the rest of this entry »

Do it Yourself Debt Settlement – Is this Something You Want to Do?

Some people will advise you not to use a company for debt settlement. They will say you can do it yourself for no cost. In fact, there are numerous online guides about do it yourself debt settlement. But, is this right for you? Read on to see if you’d like to try it on your own. Read the rest of this entry »