Archive | Debt Management RSS feed for this category
Get Out of Debt
If you’re suffering from credit card debt, then you should take action promptly to prevent the problem from escalating. Here are some specific actions you can take that can help you regain the upper hand and get out of debt. Photo by BookMama. Get Out of Debt on Your Own Call your creditors [...]
Continue reading...Debt Management Tips – A Helpful Guide
4 August 2010
If you’re having difficulty making ends meet because of high-interest debt payments, then you may need the benefits of a debt management plan. It can provide you with access to essential financial counseling and a customized payment plan that can get you free from your debt, while protecting your credit score and setting you on [...]
Continue reading...Debt Advice – Common Myths
16 June 2010
Many consumers who are struggling with debt problems are badly in need of some debt management skills. When not handled properly, debts can spiral out of control and wreak havoc with not only an individual’s finances, but also their peace at home and personal relationships. Photo by SyntheticFuture. While knowledgeable individuals can take control over [...]
Continue reading...Credit Counseling FAQ
15 June 2010
Many consumers find themselves in need of professional assistance to get a handle on managing their finances and to stay clear of problems with their unsecured debt. If this describes you, then you should consider contacting a credit counseling agency, also known as a debt management company. They can guide you in structuring your budget [...]
Continue reading...Debt Settlement vs. Credit Counseling
21 May 2010
Using government debt and census data available in 2010, it is estimated that the average household in the U.S. is carrying nearly $7,500 in revolving debt, principally credit card debt. When you also consider the fact that approximately 54% of Americans paid their balances in full in each of the past 12 months (Source: “Financial [...]
Continue reading...The Truth About Non-Profit Debt Relief Companies
19 May 2010
You may be wondering why an indebted consumer would even bother to consider enlisting the services of a for-profit debt relief company when non-profit debt relief companies exist. While this question seems to cut right to the heart of the matter, the surprising truth is that the profit status of a debt relief company should [...]
Continue reading...Alternatives to Chapter 7 Bankruptcy
10 May 2010
According to a Wall Street Journal article dated January 7, 2010, personal bankruptcy filings for 2009 rose by almost a third compared to the prior year, and a growing proportion of these bankruptcies are Chapter 7 filings. These numbers appear to make a farce of the much-heralded 2005 bankruptcy law reforms that were intended to [...]
Continue reading...How Consumer Credit Counseling Services Work
10 May 2010
If you’re struggling with or overwhelmed by your unsecured debt (typically credit card debt), then you should consider getting some debt relief before things get too out of hand. Aside from bankruptcy, which is the most drastic route used in only the most extreme debt situations, the two most commonly used methods by consumers with [...]
Continue reading...Benefits of Debt Management Over Debt Settlement
10 May 2010
Debt management and debt settlement are popular debt relief solutions and serve as effective alternatives to filing bankruptcy. Enrolling in a debt management plan or a debt settlement program is suitable for those who find themselves in significant, yet less serious, financial hardship. However, each of these debt solutions has its trade-offs. For example, credit [...]
Continue reading...Stop Debt Collection
8 May 2010
If you’re struggling with large amounts of credit card debt or other unsecured debt and have fallen behind on some of your payments, you are likely to be plagued by stress and worry by this time. The effects of debt problems can leak out into every part of your life and cause problems with your [...]
Continue reading...-
Debt Relief
-
Featured Posts
-
Connect
Follow us on Twitter
Like us on Facebook
Subscribe to our RSS Feed
Contact Us
Privacy Policy
21 October 2010
6 Comments