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Debt Settlement is Like an Onion. What You Need to Know About the Five Types of Debt Settlement.

Debt Free Dudes Podcast with Damon Day

Debt settlement is not a monolithic debt relief solution. I like to say debt settlement is like an onion. It has layers. There are several forms of tackling your debt using settlement. All are distinctly different, and understanding the differences is important to make the best choices for you and your situation. For example, you …

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Should I Do Debt Settlement or Get a Debt Consolidation Loan?

Question: Dear Steve, I’m trying to decide if I should use a debt settlement company for a consolidation loan. If you have an excellent payment history and now you’re deciding to settle those debts, would it be better to consolidate them and pay them off in full or get a settlement company to settle them? …

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Will Capital One and Discover Work With Me to Settle My Debt?

Question: Dear Steve, I have 2 charged-off accounts, and I want to call and try to pay towards debt but can only afford about 100 per month. Will they work with me.. capital one and discover Will, the creditors work with me. Hope Answer: Dear Hope, The answer is not what you would expect. Here …

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What I’m Reading Today – 11-24-2020

reading library

Since I spend my day researching important consumer debt issues, I thought I’d share with you the material that I found most fascinating today: Student Loan Losses Seen Costing U.S. More Than $400 Billion “The U.S. government stands to lose more than $400 billion from the federal student loan program, an internal analysis shows, approaching …

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How to Get Your Money Back From a Debt Relief Company if You Feel Like You’ve Been Scammed

Here is my definitive guide on how to get out of a scam and get your best shot at getting your money back. Warning, it will take some work, but it can be effective. “The steps listed in How to Try to Get a Refund From a Debt Relief Company should represent a consumer dropping …

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