What To Say to Creditors While You Are in A Debt Settlement Program
If you are facing financial hardship, it is important for you to understand how to communicate with your creditors or debt collectors while you are in a debt settlement program. If you are enrolled in a debt settlement program, you must know how a debt settlement program works. During the program, you voluntarily will agree […]
Debt Settlement and Debt Consolidation: Two Solutions To A Similar Problem
Anyone facing large amounts of debt is under a seemingly insurmountable level of pressure. Not only getting out of the debt seems daunting, but the options can be just as confusing and stress-inducing as the debt itself. There are three terms most people are likely to hear when it comes to debt resolution: These seem […]
Consolidation Loans In Debt Settlement
Clients in a debt settlement program may become eligible for a consolidation loan. A consolidation loan creates an opportunity to expedite the debt settlement process, but these loans come with pros and cons that should be understood by the client. How Consolidation Loans Work The consolidation loan provider will loan you money that is deposited […]
Understanding The FCRA & Your Rights
What is the Fair Credit Reporting Act? The Fair Credit Reporting Act[1] (“FCRA”) was enacted by congress in 1970 with the goal of protecting consumers from inaccuracies, unfair reporting practices, and privacy breaches by credit reporting agencies. The FCRA helps to regulate the use of consumer reports by laying out rules covering; dispute resolution, the dispersing […]
How Can Debt Settlement Actually Lead to Improved Credit
I cannot emphasize the importance of a good credit score enough, however when minimum payments are taking over your life, you are most likely one slip up away from damaging that score, and not in a position to enjoy the benefits of a high credit score. The reason for this is that many companies design […]
