Tag Archives: settle my debt

My Daughter Was an Authorized User and Ran Up My Debt. I Have Cash to Settle. – Sharon

“Dear Steve, 23K on credit card debt. I am retired and do not make enough to pay these credit card bills any longer. I let my daughter be an authorized user on 2 credit cards. She and her husband both lost their jobs and just recently broke up. I have been able to make the [...]

Should I Try and Settle My Debt On My Own? – Jo Ann

have been a customer of DMB for 2 years and they have help me settle two debts. I have one left and I felt they are not doing a good job on this last debt. Their customer service has gone from excellent to poor since I started working with them. I know there have been [...]

I Have One Credit Card I Want to Settle. Who Should I Use to Do This? – Rene

“Dear Steve, I am recently employed again after 19 months of unemployment after a corporate downsize. Somehow I managed to keep my house and not fall terribly behind in most of my payments… but I subsequently used up all of my savings, CDs, 401k and money market accounts. I also have a significant amount of [...]

Is It True My Creditor Might Take Less Than The Full Balance as Payment in Full? – Larry

“Dear Steve, I have credit card debt, can afford more than the minimum payments but not the entire balance. Is there truth to the fact that issuers will accept a lower amount as a balance payoff? And is there any formula to this? e.g., would Chase take 2k in one payment to settle a 5k [...]

Ed Is Scared But Courageous In The Face Of His Debt

“Dear Steve, Let me start by saying it has been very hard for me to get to this point and ask for help. I hate that I am where I am financially (due to factors both within and not within in my control). I’m 45 years old and for most of my life used to [...]