Archive for May, 2010
I have received a debt settlement letter from a credit card company that I owe $6,000 to. The settlement is for about 50%.
If I were to settle with them, would I still be eligible to use their credit card again? Or is my credit card completely shut off forever?
That credit card would be shut off to you. The account will be closed upon receipt of payment.
My mom is paying $1,000 a month in credit card bills. She is a retired school teacher and cannot afford this. Please do not judge, she us paying these bills off for my brother who ran up credit cards. Thank you
Be really careful using these companies. They ruin your credit the same way a bankruptcy does.
Can anyone tell me about debt consolidation companies and their services?
If you want
* over 50% of your debt negotiated away
* become debt free as soon as possible
* Avoid bankruptcy
* reduce your total debt balanced
* one affordable monthly combined payment
* home ownership not required
* free quote with no obligation
Check this site,
http://Debt-Consolidation-USA.com
Here you can get free quote from all debt specialists that available in your area. It’s free and fast
My husband and i would like to sell our place and buy another place,however our debt income ratio is too high right now.
What would be better to pay off to lower our debt to help us move. Would it be better to pay off all our credit card / loan debt or one of our vehicles?
all our credit card/loan debt equals to around $10,000 and our vehicle is about $25,000
Thank you all for your help
i should also add that our credit card interest rate on everything is 19.9 % and up and our vehicle interest rate is 15%
As mentioned – it’s best to pay off the higher interest as it would cost you more money that you otherwise wouldn’t pay.
I’m a little confused however – do you have enough to pay off the full amount of the car? if you do, then maybe fully paying off the car would be your best bet to get that new house. no car payments = bigger repayments on your credit card AND your debt to income ratio will change more significantly.
You also have to understand that debt – does not mean you will have a low credit score. Missing a payment does however lower it.
Maybe holding off on a another house and upgrading your current one may be a better option for the time being. Let the market come up a little, and have a better valued place to sell may work in your favor.
Best of luck!
http://www.CreditCardReliefFormula.org
Which is better, bankruptcy or debt settlement? This short video gives you some excellent perspective. Draw your own conclusions when you watch who promotes bankruptcy and who talks about debt settlement.
Duration : 0:3:31
My God! http://www.associatedcontent.com/article/1870129/debt_cancellation_prosperity_preachers.html
Duration : 0:2:28
Welcome to Coakley & Williams! This video will take you through our company values which include: integrity, caring,service, and quality. It tells a little bit about our company history and shows where we have come from. It also gives us a sense of where we are now and what direction we are heading in for the future. Check us out at www.cwhotels.com today!
Duration : 0:5:4
Consolidate credit card debt by taking out a personal loan or doing a credit card balance transfer. Consolidate credit card debt with tips from a consumer credit counselor in this free video on personal finance management.
Expert: Maria Enomoto
Contact: www.gotdebt.org
Bio: Maria Enomoto works as a credit counselor for Consumer Credit Counseling services in San Jose, California.
Filmmaker: Bing Hu
Duration : 0:2:20
http://www.debit-free.us services provide individualized financial counseling and education to help you conquer your debt.
Duration : 0:0:29
Transforming debt into wealth is possible. Pay off the debt and then investing wisely with the open credit line. Learn about transforming debt into wealth from a registered financial consultant (RFC) in this free personal finance video.
Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC
Duration : 0:1:17