Payday Loan Debt – Credit Debt Relief Options Many people have turned to payday loans as a quick fix for financial distress if they need money to pay credit card bills or other bills that are due. However, payday loans can quickly turn into a larger financial problem if you are unable to pay the […]
The Pros of Debt Settlement Programs
Debt settlement can be a valid and valuable option for consumers overwhelmed by debt, though a few rogue companies have given the industry a black eye. While some unethical business people have advertised debt settlement services to lure victims to their scams, that doesn’t diminish the value of honest debt settlement. In fact, debt settlement […]
Benefits of Credit Counseling
Unlike other debt relief options available to consumers, most credit counseling agencies are non-profit and do not rely on fees paid by consumers as their main source of revenue. For a small monthly fee, typically under $50 according the Association of Independent Credit Counseling Agencies, credit counselors provide a wealth of services that struggling consumers […]
Debt Relief Hardship Programs
Debt Relief Hardship Programs Debts are a often a significant matter for many people and recklessly buying products and services on credit has become common place. The average amount of personal credit card debt carried monthly per household in the United States is roughly $14,750 (as of 2012). Debt can be secured and/or unsecured and […]
Debt Relief Strategies After Losing Your Job
Debt Relief Strategies After Losing Your Job Losing a job is a traumatic time because you are not sure how you are going to continue to pay your bills. It is always a good idea to have debt relief strategies in place that will allow you to adjust your personal finances to accommodate this unfortunate, […]