If you’re so far in debt you feel like you’re drowning, debt settlement may be the solution. But are you eligible, and will it work for you? Let’s take a look. Six Key Questions to Ask Yourself If you answered yes to the previous questions (especially the first two), then you likely qualify for debt …
Debt Settlement Qualifications: Are You Eligible? Read More »
Freedom Debt Relief is a for-profit debt settlement company. Debt settlement will hammer your credit, but if you’re faced with a pile of debt that you can’t pay, it can be a viable alternative to bankruptcy. Freedom Debt Relief: What You Need to Know Freedom Debt Relief claims to be the largest debt settlement company …
Freedom Debt Relief Review: Pros, Cons, Features, Ratings and More Read More »
In 2022, the average credit card balance was $6,569. According to Fortune Magazine, the average American has four credit cards. That means that the average American could be carrying around $20,884 just in credit card debt. That number gets much higher when you add in student loans, car loans, mortgages, etc. There are a variety of ways …
Accredited Debt Relief Review: Pros, Cons, Features, Ratings & More Read More »
When you’re trying to get out of debt, you’ll likely come across debt settlement and debt management as two of your options. But while these options sound similar — each is designed for debt relief — they’re very different. One difference between debt settlement and debt management is who’s handling it. Consumers usually work with …
Debt Settlement vs Debt Management: How to Choose Read More »
Total household debt hit $16.51 trillion in the third quarter of 2022, and $925 billion of that is credit card debt. A LOT of people are struggling and looking for solutions. Debt settlement is one strategy that can help you pay off your debts efficiently without risking your other resources. You could even DIY it …
New Era Debt Solutions Review: Pros, Cons, Features, Ratings and More Read More »
Debt settlement and debt consolidation are two common ways to wipe out debts, such as credit cards and personal loans. However, they work in very different ways. The key difference: Debt settlement lets you clear away debt without paying back the full amount you owe, while debt consolidation requires you to pay back all of …
Debt Settlement vs. Debt Consolidation: What’s the Difference? Read More »
TurboDebt offers a heavily advertised program promising fast, cost-effective debt relief. Do they deliver? Let’s find out. TurboDebt: What You Need to Know Don’t confuse TurboDebt, a Florida-based debt relief company, with Turbo Debt, an Ohio-based debt collection company. They are two different companies that do very different things! TurboDebt is a relatively new player …
According to CNBC.com, the struggling economy, coupled with the highest inflation rates since early 1980, had credit card balances climb to 15% higher than the year before. This is the most significant annual jump in more than 20 years. If you are one of those Americans struggling to keep up with the payments, debt settlement …
According to the Federal Reserve Bank of New York, Americans’ total credit card balance was estimated at $925 billion in the third quarter of 2022. That’s a $38 billion jump from $887 billion in the first quarter of 2022. Almost everyone has some debt. But if your debt is overwhelming, holding you back or causing …
The Federal Reserve Bank of New York said Americans have a total credit balance of $887 billion in the second quarter of 2022. Americans have a total credit balance of $925 billion as of the third quarter of 2022. That’s an $84 billion jump from the first quarter of 2022. Credit cards allow you to …
How Does Debt Settlement Affect Your Credit Score? Read More »
