Statute of Limitations on Credit Card Debt
Wondering how long you have to wait before you’re in the clear on an old credit card debt? The good news is past due credit card debt can not haunt you forever. There is a definite cut-off point. The...
View ArticleThe Difference Between A Credit Card Charge-Off And A Credit Card Write-Off
A charge-off and a write-off sound like two ways of saying the same thing, but they’re actually two very different things. Charge-Off The term “charge-off” is financial jargon describing when a credit...
View ArticleDebt Settlement – Separating Fact from Fiction
Debt settlement is a debt relief option to eliminate your unsecured debt if you’re having difficulty making your payments. This particular avenue allows you to pay less than the full balance you owe to...
View ArticleSettling Credit Card Debt
If your credit cards are maxed out and you feel like you’re only getting deeper and deeper in debt, you’re probably feeling a little overwhelmed and scared. I know, because I’ve been there, and I talk...
View ArticleConfessions Of A Credit Card Debt Negotiator: What I’ve Learned Over The Past...
It’s been eye-opening to say the least. For the past 10+ years I’ve helped hundreds of clients settle millions of dollars of excessive credit card debt for a fraction of what was owed — legally,...
View ArticleBook Review: How To Crush Credit Card Debt (Secrets From An Ex-Banker)
I heard about this book through Forbes.com. The title naturally caught my attention because of the work that I do, so I thought I’d check it out for you and share what I found. In reviewing the book,...
View ArticlePersonal Debt Crisis? Here’s The First Thing To Do When You Realize There’s...
It’s a sickening feeling the moment it happens, especially if it’s never happened to you before. You sit down to pay your bills and there’s no longer enough money to pay everybody that needs to be...
View ArticleWhy You Should Not Pay Your Credit Card Bills Online
The credit card companies constantly encourage you to make your monthly payments electronically. However, I believe you should do things the good ‘ol fashioned way. Write out a check, put it in an...
View ArticleCredit Card Debt Negotiation: Do-It-Yourself vs Hiring A Professional
If you’ve decided that the best way to resolve your excessive credit card debt burden is by approaching your creditors about doing voluntary lump sum settlements for less than full balance (rather than...
View ArticleBankruptcy vs. Debt Settlement: The Pros and Cons of Each
If you’ve been living with the stress of excessive credit card debt and you’re now at the point where you know something needs to be done, you really have two options to choose from: File bankruptcy...
View ArticleShould You Bail Out Your Son Or Daughter With Too Much Credit Card Debt?
Maybe they slipped up. Then again, maybe they really wanted you to know. But let’s say you just found out your twenty-something adult child has racked up $25,000 in high-interest credit card debt. Yes,...
View ArticleCredit Card Debt Statistics: The Good, The Bad, The Ugly
Categories: Recent Credit Card Debt Statistics Main Reasons for Credit Card Debt and Bankruptcy Small Businesses and Credit Card Debt College Students and Credit Card Debt Psychology and Credit Card...
View Article23 Tips for Reducing Your Personal Debt So You Can De-Stress And Enjoy Life...
Looking for ways to reduce your personal debt that are actually helpful? We’ve put together a list of 21 of the best debt reduction tips you may have overlooked or forgotten about. Give the ones that...
View ArticleHow to Prevent Surprise Medical Bills from Destroying Your Finances
Americans have access to quality health care and as well as the latest advances in the medical field. But it can come at a price — sometimes a very steep (and unexpected) price. According to Consumer...
View Article18 Personal Finance Books Worth A Read This Summer
If you’re looking for some personal finance books to add to your summer reading list, you’ll likely get overwhelmed trying to choose from the countless options available. But here’s the good news … No...
View ArticleLast Week Tonight with John Oliver: Debt Buyers
A recent episode of “Last Week Tonight with John Oliver” shed light on some alarming statistics related to the current state of consumer debt in the US. According to the Federal Reserve Bank of New...
View ArticleHow To Deal With Debt Collectors
If you owe money, debt collectors are legally entitled to contact you about outstanding debt. However, debt collectors are not granted unlimited and unchecked authority to bully, harass, threaten or...
View ArticleHow To Find The Best Debt Settlement Company
If a friend or family member was struggling with excessive credit card debt and they asked me for advice on hiring the best debt settlement company, here’s what I would tell them … But first a quick...
View ArticleHow To Get Out Of Debt — Real People, Real Results
Looking for real-world strategies for getting out of debt without winning the lottery? Here are 7 case studies describing how everyday people got out from under a mountain of debt. No theories or...
View ArticleDebt Relief For Seniors
It wasn’t supposed to be like this. You worked hard, you played by the rules and you were not reckless with your money. But now as you’re in (or approaching) retirement you’re dealing with debt...
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