creditor
“How Do I Go About Making My Credit Score Better” – Antoine
Antoine writes in to the Get Out of Debt Squirrel and asks:
I don’t have credit card dept of any kind. I’ve never filed bankruptcy. I have bills on my credit report some of them I’m unaware of and the others are overdue bills. How do I go about solving the problem to get it off [...]
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Mark Writes In “I Need to Go Bankrupt in the UK”
Mark wrote in about his financial situation.
“Hi Steve,
My wife and I need help. Since 2001 we’ve been living in the U.S. and we’ve just got our green cards. We moved to the U.S. from the UK and for years I’ve been struggling to pay back debt there using dollars to pay back British pounds. The [...]
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Unsecured Debt – How to Take Advantage of the Market and Eliminate … – PRLog (free press release)
An unsecured debt refers to any type of debt or financial obligation that is not backed up by an asset like a property or a car. In other words, you offered no guarantee when you contracted the debt, so the creditor has only to you look to for paying …
Do You Have To Own A Home In Order To Do Debt Settlement? – PRLog (free press release)
“…Settlement does not require that a consumer own a home to use the service. The foundation of settlement is not based on collateral. Settlement is simply a negotiation in which creditor compromise with debtors in order to avoid consumer …
Can Someone Explain How Debt Settlement Works To Me? – PRLog (free press release)
PR Log (Press Release) – Dec 05, 2009 – The way it works is through negotiations with lenders to lower debt in order to avoid consumer bankruptcy. Consumer bankruptcy is a threat to the creditor’s revenue because creditors do not receive payments …
I’m Broke and Living With My Parents. My Credit Card Company Wants Me to Send Them a Letter. What Should I Say? – Noname
Noname wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
What to Do if Your Creditors And Bill Collectors Make You Really Angry
I’ve heard more people issue swear words and threats against creditors and debt collectors than you can imagine.
Having the pressure increase when you are in debt makes good people say and do silly and regrettable things. Many feel those normal emotions but feeling like you are going to explode or wanting to kill the [...]
New Concerns About 40% Credit Card Debt Reduction Proposal
Last week I wrote an article Banks Agree to Wipe Out Up to 40 Percent of Credit Card Debt But Watch Out but more information has come to light since then.
While consumer advocates are happy about the possibility of getting banks to write off as much as 40% of the debt in order to help [...]
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The Perfect Debt Assistance Program
I can dream, can’t I? If I could get a wish for debtors it would be to wave a wand and implement this perfect debt assistance or debt relief program.
Here is what the program would look like.
A Sliding Scale Nominal Charge – Consumers would have to pay a sliding scale setup fee. It is too [...]
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Diane Writes In “I Want to Settle My Debt. My Creditor Wants to Take Me to Court.”
Diane wrote to me at the GetOutOfDebt.org site and asked for help with her debt situation. You can write me too if you need help.
Here is what Diane said:
“Dear Steve,
I have signed up with New Beginnings to get out of debt. I have paid them for two months so far and have stopped paying on [...]
Ginger Asks “I Started My Business On Credit Cards But It’s Hard to Make Payments”
Giner wrote in through the GetOutOfDebt.org site and asked for help.
“I started a new business, had a few small credit card balances before, but had to use them, plus acquiring a few more, and with the balance trasfer deals, I now have 8 cards with a total debt of $50,000+. I manage to stay [...]
Five Inside Truths About Debt Management Plans (DMP) You Need to Know
People are often so confused or uninformed about debt management plans in the US that I wanted to share some truths with you. Here are the five biggest misconceptions people have about debt management plans, in no particular order.
Debt Management Plans Are Not Designed for You to Get Out of Debt
Since the DMP terms are [...]
