Are people in the US starting to realize that credit cards aren’t all they are cracked up to be?
I have recently paid off and cut up all credit cards. Do you think that all Americans should do the same?
It is such a relief to not have all that debt hanging over my head. I also [...]
How badly does debt relief (not consolidation) hurt your credit?
I’ve heard that debt relief is almost as bad as a bankrupcy- is this true?
No, it’s not as bad as a bankruptcy, but it will definitely ding your score. After 7 years, you can have debt relief notations removed from your record. Bankruptcy stays [...]
You probably are wondering what these government debt relief programs are all about. In order for the US capitalist system to be effective and to aid the country’s economic recovery it is essential that the general population not succumb to financial loan failures. The US government estimates that in the bigger recovery picture, coming to [...]
How do I use the Mortgage Forgiveness Debt Relief Act of 2007 to negotiate a fix loan on my 1st and 2nd mtg?
My first mortgage is with Aurora Loan services for $355,200 @ 6.875 5 year fixed 2nd mortgage at $88,800 with Washington mutual @ 13% 30 year due in 15 Balloon. I cannot refinance [...]
can my creditor sue me even know I have company to relief my debt?
can my creditor sue me even know I have company to relief my debt?
Are you saying that you are going through one of those credit consolidation companies? If they are not paying your bills like they said, then yes, the credit [...]
