Debt Settlement Companies – Fact Vs. Fiction With the economy failing, consumers are finding their unsecured debt rising, coupled with limited resources to pay. What options do you have as a consumer to save your credit and avoid bankruptcy?The good news is that you have options, but with all of the companies out there trying to make a quick buck, it is in your best interest to educate yourself to avoid being scammed. Countless articles...more
Free Money To Pay Off Debt – A Smarter Way To Pay Back Debt Being in debt can be a highly stressful experience, not least because it is often impossible to see any way out of it. When your debts build to a certain point it is easy to feel that you are never going to find a way of getting enough money to pay back the amount that you owe. At times like this it is natural to look at whether there may be free money available to help pay off...more
Getting the important things right is essential when you come to make decisions about choosing the right Debt Collection Agency (DCA) to help your business.The key points to consider are: 1. Track record Make sure your prospective Debt Collections Agency has a good track record, with plenty of satisfied customers. Providing value for money is the backbone of any successful Debt Collections Agency's business and it keeps customers coming back. 2. Expertise and experienceLook for a specialist collector whether your needs are for Commercial Collections, Consumer Collections, Probate or sensitive Collections, or other Niche Collections. A good Debt Collection Agency will be a member of the Credit Services Association (CSA). Look for the CSA logo on the agency's website and give the CSA a call just to make sure. This gives you the comfort factor that the debt recovery service is being provided by an established company that works according to the industry code of practice. With the complexities of the challenging marketplace, it is vital to know that your provider is a responsible operator and able to give you the most up-to-date and expert advice. An experienced Debt...more
This may result in filing for bankruptcy or being subjected to liens. This raises the question of how to eliminate debt. There are many methods which can be used, depending on how serious the debt is, how hard the debtor wants to work at reducing the amount of money owed and whether the person owed money is intent on being repaid. Reduce...more
Getting Out Of Debt – Best Ways to Eliminate Debt Debt is a problem that can spin out of control if it is not taken care of properly. As debt is allowed to grow, a person's ability to pay it down becomes considerably more difficult.While it is true that just making minimum monthly payments will eventually lead to a debt free life,...more
Getting Out Of Debt – Take Steps Before It's Too Late There are always plenty of articles and commentary written about rapacious lenders and banks taking advantage of the "little guy" by giving him too much credit too easily and then when most inconvenient for the borrower they hit him with higher interest rates or some other financial disadvantage. I'm not about to defend big banks but like any "addict - pusher" relationship you can't have one without the other.Credit cards and charge cards are our most common type of short term credit. Frequently we use the terms credit card and charge card interchangeably but they are actually quite different. Keep on reading to see if you were aware of these very important distinctions. Credit Card A credit card is issued by a financial company and gives the holder an option to borrow funds, usually at the point of sale. What this means is that you are essentially financing your purchases at a pre-set borrowing rate determined by your credit rating or the whim of the issuer/bank. Credit cards have higher interest rates than most consumer loans or lines of credit. Some credit cards rates are now approaching 30% and my...more
Debt Free Living – How Consumers Can Realistically Get Debt Free The term debt refers to something being owed, which is money in most cases. Living a debt free life is jeopardized every time you charge up credit cards, get personal loans,...more
Lower Your Debt Stress Level When You Consolidate Debt Stress is one thing that can lead you to consolidate debt in the first place. The overwhelming feeling that you are never going to gain control over your finances could stress anyone out....more
Borrowers Are In Denial About Their Debts According to research, conducted by financial websites, MoneyExpert.com and CreditExpert.co.uk, many Britons are in denial about the level ofdebt they are in, while others are worried about their...more
Midland Handling Debt Accounts Left Midway! How does the company operate?Midland Credit Management approaches credit card companies, banks as well as non banking financial institutions to buy their "charged off" or the bad debt accounts. These...more
Which Is The Best Debt Solution For You? If you are in profound debt and struggling to find a way out, opt for debt solution. None of the debt solution measures can eliminate all your debts. But it can certainly reduce your debt...more
How To Get Out Of Debt ... If You Really Mean It How do you get out of debt? That's the $64 million dollar question facing an alarmingly large number of Americans today, and by the look of things, unless people wake up to the reality of...more