Debt Help Services

Posts Tagged ‘credit card debt help’

Question: Is going bankrupt safe @ 22? I’ve heard mixed reviews.?

I’m about 25k in debt. mostly old credit cards that have been turned over to collections already. Any better ideas would really help! Thanks…

Answer: Is going bankrupt safe?

It stays on and affects your credit record for 7 years
It stays on your life record forever. In a case that you where to apply for a Federal job (and some others) they will ask if you EVER declared bankruptcy. If you lie you lose. If the reason was out of your control, say example medical expenses for a family member, then it would not be held against you. If it is to bail on debt, it will be held against you in a job interview.

Best bet is to try to work out a payment plan. If you went to college the debt would most likey be 3 times higher the you have. Of course the payment rate would be different.

Avoid declaring Bankruptcy unless there is no other choice.

8 Ways to Create Your Own Stimulus Check

Instead of waiting for a government handout, generate your own surplus.

Credit Card Debt Relief Reviews

Question: How would this work…paying off everyones credit card debt, would help the economy immediately?

Have the government pay off the 2.5 Trillion in credit card debt US consumers have, and any purchase within the next 6 months is guaranteed at 2.9% interest. This kills two birds with one stone. The banks get their money and the people get a new lease on life and the economy will get a HUGE surge in purchases.
Yeh, this will work. I double checked all my figures.
at that 2.9% rate it would max out at 1250 that is all you get. Now if you are a responsible citizen and didn’t need the help that 2.9% would be good for 18 months with a 5k cap.
so, you would rather spend 1.25 Trillion and pump that into the stock market instead.

Answer: Sounds good to me. I could live with that. I mean, the government spends $12 Billion a month in Iraq. Why can’t they stop spending money on other countries and do something for US for a change?

Please answer mine…

http://answers.yahoo.com/question/index;_ylt=AjkSPdk3EuXkDqfvNwnFs5vsy6IX;_ylv=3?qid=20081011164553AAv9ZEA

Scotiabank reports record second quarter earnings of $1.1 billion

read more

government help credit card debt

Question: We have $8,000 in credit card debt; we live in GA. What’s the best non-profit credit consolidat. company here?

We live close to Blue Ridge. APR on credit cards are 23%. We are looking for a credit consolidation company that will help us lower APR. Thanks.

Answer: Contact Consumer Credit Counseling Services at 1-800-388-2227 they are the largest and oldest consumer credit counseling service in the nation and will work with your creditors to lower your interest rates and monthly payments and they are non-profit.

I used them several years ago and was debt free in 36-months.

While you are in their program your accounts will read as "Included in credit counseling" after you finish this notation will be removed. This will not affect your score but it will affect your ability to get more credit.

At the end of the program your score will be much better due to being out of debt and having a great payment history.

5 Small Businesses Tax Tips for 2010 from DebtGuru.com

Start preparing for next year's tax season now to make it much easier for tax time. Find many more tips on the Debt Guru blog at http://www.debtguru.com/finances/top-twelve-tax-tips-for-small-businesses.

How to Improve Your FICO® score

Buy Fighting Fire With Fire: Charging Your Way Out of Credit Card Debt

Question: Where can I find guidelines for Obama’s mortgage loan modification program?

I was denied over the phone because my income has dropped too low. I don’t want to lose my home, any website where it actually lists if my income is a certain level I won’t qualify? I can’t help I have a lot of debt like credit card and car payments so they said my income had to be double what it actually is right now.

Answer: http://www.usnews.com/money/personal-finance/real-estate/articles/2009/03/04/obamas-loan-modification-plan-7-things-you-need-to-know.html

New rules for credit cards set to begin

With new credit card laws taking effect next year, financial experts are optimistic consumers will become better money managers whether they choose to or not.

Do Debt Settlement Programs Work?