Posted on
March 26, 2010
at
2:28 am
I'm in debt, can you give me solutions please? The ads are confusing.
Posted on
March 26, 2010
at
3:07 am
I'm in debt, can you give me solutions please? The ads are confusing.--What are your debt types?
Posted on
March 26, 2010
at
3:38 am
RE: I'm in debt, can you give me solutions please? The ads are confusing.--What are your debt types? --- Right. If you have mostly unsecured debt (credit card), depending on the total amount or balance and account status, you can either do debt settlement or credit counseling.
Posted on
March 26, 2010
at
4:14 am
If you're wondering what debt settlement is - it's a program that aims to reduce/negotiate your balance to more or less half. The program can help you be debt free after a year or three. Debt settlement can be done professionally (via a debt settlement company) or you can do it yourself (D.I.Y.).
Posted on
March 26, 2010
at
4:34 am
Right, and about credit counseling. If you owe less than $10k and you're still current with your payments -- so far, but are suspecting that that may not be the case soon -- as your penalties and interest rates accumulate -- you can do credit counseling debt management plan. What it can do for you is help you get at your principal amount of debt quicker by negotiating your interest rates. You can be debt free in 3-5 years.
Posted on
March 26, 2010
at
4:59 am
Here's a guideline on how to choose a credible credit counseling agency::: (according to the BBB): -Before you select a credit counseling agency ask for information on the following: ::: -Are the agency services confidential? ::: -Will they devise a plan tailored to fit your needs? ::: -Are the counselors certified? ::: -Are budget and credit education opportunities offered? ::: -Will your funds be protected? How? ::: -Is the agency accredited? ::: -Aside from BBB membership (www.bbb.org) the consumer should also check its affiliation with the National Foundation for Credit Counseling http://www.nfcc.org.
Posted on
May 6, 2010
at
7:58 am
In debt solutions - you can do a repayment plan yourself. Approach your creditor and ask for their hardship program. Then read about budgeting. Make good on your new payment terms with the creditor, assuming that you agreed on something; be wary of delaying payments. If they agreed on anything, don't forget to put them in writing, signed by the authorized person. Never release money without the papers.
Posted on
May 11, 2010
at
3:19 am
Go for debt consolidation as I dont know your debt types this is the solution I can suggest.
Posted on
August 18, 2010
at
3:56 am
i would suggest you to take out a payday loan to get out of your debt..
