Archive | Debt

Can I Remove Debt Collections From My Credit Report?

If your credit report has a debt collection on it, it lowers your score. The most damage will be done during the first two years that it is on your report, but it will linger there for 7 years total. And, due to some unscrupulous collectors, maybe longer. But, there are some steps you can [...]

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Payday Loans Are Bad News – How This “Last Resort” Can Drag You Down

So you’re strapped for cash…the next paycheck is still a week away but you already have a notice from the electric company that today is your last chance to settle your bill; and you stand to spend the night in darkness and cold if you don’t come up with the money. Is there any other [...]

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Swap your credit cards wisely – Stay away from unnecessary debt burden

Are you a card holder who loves to keep several credit cards in your wallet? Do you have the habit of swapping them every time you go out for shopping? If yes, then it is quiet common that you have fallen into credit card debt problems. Credit cards have become an overwhelming concern for most [...]

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CuraDebt Review

CuraDebt Helps Get You Out of Debt The worst case scenario that you can encounter when you enter any debt settlement program is that you pay in advance thinking that you are guaranteed that there will be favorable results. However many times the company will not able to deliver the debt reduction that you are [...]

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Credit Repair Counseling – That Important?

Times come when all you need is a good old counseling to be able to change your habits.  Really it does help with finances.  Yes, if you are just one of those who has awoken early from the nightmare that is soon coming to you, well, having a bad credit, you may very well need [...]

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What Collection Agencies Don’t Want You To Know

There are only a few things worse than getting a call from a collection agency demanding that you repay some kind of owed debt. For many people, the immediate reaction would be one of embarrassment, soon followed by either aggravation, or the need to settle the matter right away. Most collection agencies would like you [...]

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Ethical Practices of Debt Consolidation Companies

If you have a substantial amount of debt, you’ve more than likely considered the services of a debt consolidation or settlement company (see this CuraDebt review). However, with so many stories of unethical practices and scams surrounding such companies, you may be wondering if all of them are dishonest, and strictly out for your money. [...]

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How Does Chapter 12 Bankruptcy Works?

Under the bankruptcy law code a Chapter 12 bankruptcy is known as Family Farmer Bankruptcy or Family Fisherman Bankruptcy. It begins by filing a petition with the bankruptcy court that has jurisdiction over the place of the individual’s or company’s residence. The debtor must file with the court his schedule of assets and liabilities, schedule [...]

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Typical Debt Collection Scams

There is an alarming trend in debt collection one that may affect you even if you have no debt. Imagine being harassed by constant calls at work, unauthorized withdrawals from your bank account and threats of violence. What a nightmare! What make matters worse is that these new breed of debt collectors with their scary [...]

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Student Loan Consolidation – 4 Advantages

If you do not know where to begin consolidating your student loan you need a good financial strategy. Student loan consolidation can alleviate the stress on your budget. Student loan consolidation simply means that you are combining all of your student loans into one account with a monthly payment plan. Your past student loans are [...]

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