What are Consolidated Credit Card Debt Programs? Millions of people are having a difficult time paying their credit cards in today’s economy. They are looking for credit card debt consolidation without bankruptcy. In fact, if you live in California or New York, you probably are having a harder time than if you lived in another […]
Understanding How Consumer Credit Counseling Works
How Does Consumer Credit Counseling Work? Consumer credit counseling (CCC) is a comprehensive program that helps individuals evaluate their current financial situation, and create a plan to pay off debt and reach attainable financial goals for the future. There are three basic steps that comprise the general credit counseling process: First, a skilled agent will […]
Can Your Spouse’s Debt Settlement Hurt Your Credit?
Can One Spouse’s Debt Settlement Hurt The Other Spouse’s Credit? Debt settlement has the potential to bring down credit ratings as a result of defaults, lower payments to eliminate the debt and the inability to pay the full amount of the loans. When a spouse decides to settle debts the relationship is sometimes affected due […]
Tips for Negotiating the Best Debt Settlement Possible
Debt settlement offers an alternative to bankruptcy for many people who find themselves deep in debt and unable to pay back loans according to the original terms of the agreement. It is important for consumers to fully understand common debt settlement practices before proceeding with the debt negotiation process. While many consumers turn to attorneys […]
How Does a Debt Settlement Affect a Spouse
Does spouse’s debt settlement affect your credit? “The man who never has money enough to pay his debts has too much of something else.” -James Lendall Basford If you or your spouse are seeking debt relief assistance, much more than the financial aspects of the relationship are in peril. Financial problems are difficult in any relationship. However, […]