Learn Now or Pay Later is a weekly personal finance series produced by Cambridge Credit Counseling Corp. The goal of this educational series is to better prepare the public to deal with matters pertaining to credit, debt and money management. This week’s webisode is the second in a three-part edition featuring Christopher Viale, President and CEO, discussing how debt management plans work and the benefits of using such an option.
Duration : 0:1:52
Credit Counseling – 10 reasons why Debt Resolution is a better option. To find out why Debt Resolution is better than every other Debt Relief option go to: https://mack.infusionsoft.com/go/debtsettle/now/Counsel10
Duration : 0:3:46
http://www.facebook.com/bills.com Learn about your debt consolidation options, including mortgage refinance loans, debt settlement, and credit counseling in this video hosted by Brad Stroh, Co-Founder and Co-CEO of BIlls.com.
Debt consolidation options include refinancing your mortgage to pay off other debts, receiving credit counseling, or reaching a debt settlement with your lenders. Bills.com Co-Founder and Co-CEO, Brad Stroh, reviews when each of these options is appropriate and how each will affect your credit rating. He also reviews the long-term costs of each option. Before choosing one, determine whether your goals are lower payments or paying off the debt faster, and then contact a reputable provider to begin the process. Visit Bills.com for more personal financial advice and information.
Duration : 0:2:40
A credit counseling expert discusses signs that might indicate you’re in trouble with debt.
Duration : 0:2:40
I need help in managing my debt! I have recently lost my job and my debt is accumulating! I need a debt settlement company who can help me in debt settlement and provide me with credit solutions that are do-able. If anyone can recommend a company with good debt settlement programs is also greatly welcomed!
Thank you
By far the best debt management ever is Armored Debt Center at http://armoreddebtcenter.com/
They helped me get debt free and now I am happy.
I have some credit card debt from two cards and they have both been closed and turned to collections. I would like to put all the debt and make a payment plan or even make a payment plan with the individual companies so I can clean up my credit. How can I do that? And has anyone ever had a similar experience? And would it be better to contact the collection agencies themselves to make a payment plan or should I use Consumer Credit Counseling Services debt management Plan? I owe about 3,000 between two credit cards but I am a college student with limited income?
Hi,
I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It’s legitimate. Icame across this company on NBC News Special Edition.Check it out here:
http://lnkurl.com/25
It cost nothing to call them and just ask how they work and also, check on line to see where the strong points are and aren’t. I believe they call your debtors and work a program that can be managed and then they take your income, pay your bills and give you an allowance.
Whatever you do, know that a majority of us are struggling and don’t give up. You could try to do this on your own, call the debtors and see if there is any way you could get the payment date or amount down so you can manage; then keep a ledger of your income/output, everything…..this is quite an eye opener and will help you shore up the holes. Keep chipping away at these debts, even if you can’t pay the full amount, because it will eventually get you on the other side of this.
Good luck, you’ll do fine!
Can you get approved for mortgage after going through a debt management plan (DMP) with a CCCS?
I have done a lot of research and I keep getting very conflicting information about the effects of a CCCS.
I want to hear from people that have gone through DMPs and what your experience has been like after completing the DMPs in term of applying for new credit.
I will also like to hear from mortgage lenders and other issuers of credit about your experience with approving people that that have completed a DMP with a CCCS.
I am thinking of signing up with a reputable company; however I want to buy a house in the next year, and I’ll like to know where I stand.
Thank you.
Not while on the plan, and maybe even for years later. It is a catch 22 to sign up for those things.
It is best to pay the higher fees but make regular payments to your creditors than to pay someone else who takes away all the credit you have, regardless of whether you are in good standing with them. The debt management co. will take money from you too anyway
I owe about 10 to 11 thousand in credit, i have a motorcycle loan and some credit at kay that i only used for wedding rings, most of this comes from credit cards. I have a job which doesnt pay much and im not able to make some payments, i try to make payments on the more important things like the wedding rings and bike loan. I have just heard about this debt counsiling and was wondering if you have ever used them and how do they work.
Never use CCC !!
It is a lie !!
They make a percentage of the payments that you do pay.
Your credit is adversly affected.
Do what they do, call and negotiate a discount and threaten BK!
I’ve become over whelmed with my credit card debt and I’m getting those phone calls because I’m missing payments and such. Anyway I’m looking for a credit card debt consolidation company that doesn’t screw people over, anyone know of any from experience or just know a good one?
Try http://personal-financial-help.solutionsarticles.com they aren’t that bad (7% for me) and definitely quick.
The Idea is to find a loan at less interests than you pay now, and fixed interests.
Credit cards can have high interests so it shouldn’t be difficult to beat them, depending on your credit score.
Whoever you go with, you should always check if they belong to the American Bankers Association at http://buyersguide.aba.com or at least the https://www.bbb.org the above people do.