Home > Tag Archives: credit counseling (page 6)

Tag Archives: credit counseling

Shane is Out of Work, Out of Money and Out of Time

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Shane “Dear Steve, I lost job January 3, 2008 and now have $30,000 in card debt plus $30,000 in personal loans. Should i use debt settlemant company? I know bankruptcy is bad. Shane”   Dear Shane, While you want to shed your debt, I don’t think there is any reasonable expectation that you would be able to do that via ... Read More »

    Bad Credit Debt Consolidation – Brutally Honest Advice

    Bad Credit Debt Consolidation Loan Scam

    I could not help but notice the huge numbers of people searching for information for bad credit debt consolidation information. The phrase is almost an invitation for a bad outcome or maybe just an oxymoron. When you have bad credit it is not an invitation for a debt consolidation loan from a debt consolidation firm. People that lend money are ... Read More »

      Fewer Than Ten Percent Get Out of Debt With Credit Counseling or Debt Settlement Companies

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      I previously wrote an article The Truth About The Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. Some people scoffed at my findings and said they could not possibly be true, but they are. Fewer than 10 percent of consumers completed their agreements with Colorado debt-settlement and credit-counseling companies, by either paying off or settling all ... Read More »

        I Want to Repay My Debts But I Can’t Stop Using the Credit Cards. – Bonnie

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        Bonnie “Dear Steve, I want to deal with the best company for my debt consolidation. I don’t want to deal with money grabbers, or companies that won’t send the payments in on time and every month. I also think maybe I can do this myself in 6 years, but I can’t stop using the cards. Is CCCS the best company ... Read More »

          Disturbing and Potentially Deceptive Move by Credit Card Industry. HelpWithMyCredit.org

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          It what certainly feels like yet another self-serving action by the credit card industry, Bank of America, Capital One, Citi and Discover Card, as well as the payments networks MasterCard and Visa have launched a new website HelpWithMyCredit.org that misleads consumers. What appears to be even worse, is that a CNN personal financial reporter that I normally respect, Gerri Willis, ... Read More »

            nothing

            Today, my good friend who just had a baby girl sent her newborn's pictures to me via picture message. To reply, instead of writing "Awwwwww" I wrote "Ewwwwww" by mistake. Read More »

              UGH

              Today, I had to return a shirt to Target. My mom offered to do it for me on her way to work, so I gave her the shirt and receipt. Later, I realized that on the same receipt I had purchased condoms, lube, and whipped cream. Read More »

                livay315

                Today, my daughters school was putting on a fashion show for charity and all the kids were supposed to ask their mothers to be in it. I asked my daughter about it and she said "well I was going to ask you, but they said only to 'ask all of your BEAUTIFUL mommies." Read More »

                  Crazy09

                  Today, my girlfriend told me that she had an ultrasound tomorrow morning. With a confused look on my face, she said to me "don't worry, it's not yours." Read More »

                    schoolgrlstaci

                    Today, we had a school assembly at 7:00pm about drinking and driving. There was a cop doing a demonstration of a feild sobriety test on stage. I was randomly selected to perform a breathalyzer test infront of all the students and parents. I blew. 06%. Read More »

                      Most Debt Advice Suggested is Snake Oil or the Wrong Solution For People In Trouble. Here’s Why.

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                      I’ve been following the conversations on Twitter (@GetOutOfDebtGuy) and watching what others are saying about debt management, credit counseling, debt settlement and bankruptcy and it really has me worried and concerned. I’m a guy that lived through financial problems myself and went bankrupt in 1990. I then went on to found and run a non-profit credit counseling company, Debt Counselors ... Read More »

                        Are the Collectors Lying to Me? – Janet

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                        URGENT QUESTION! Janet “Dear Steve, I am now getting phone calls from creditors with deals to wipe half off & low monthly payments – I am worried that the wiped off half will be given to a collection agency later on. Where were these people when I asked for help before I got behind? I think we should just finish ... Read More »

                          Debt Relief Orders Let Consumers Go Bankrupt Through Credit Counselors

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                          An interesting new development in the UK is the formalization of a new tool, the Debt Relief Order, to let consumers eliminate their debts under the power of bankruptcy but without all the hassle or cost. For debtors that have less than £15,000 of unsecured debt and no assets, they can go to a credit counselor, who can file an ... Read More »

                            Do You Recommend Credit Counseling or is There a Better Way? – Danny

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                            “Dear Steve, My wife and I have accumulated 40,600 in credit card debt. We are way over our heads, however, we have been able to make ALL of the payments on time. We are just barely making it though. We make over 118,000 a year together. Do you recommend credit counseling or is there a better way? Danny”   Dear ... Read More »

                              I Have Been with CareOne for 3 Months and I Am Having Difficulty Paying the $594 Monthly Payment. – Jim

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                              “Dear Steve, I have been with CareOne for 3 months and I am having difficulty paying the $594.00 monthly payment, behind one month on car. What can I do? Jim”   Dear Jim, For those that are not aware, CareOne is a credit counseling company. They probably put you on a debt management plan and organized your debt into one ... Read More »

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