We Setup a Payment Plan With Out Credit Card Companies But They Are Reporting Us 6 Months Late. – Mike

“Dear Lewis, We have some credit card debt due to the economy and all. We have called the credit card companies we owe and set up a payment plan with them to auto withdraw from our account every month. Then after 5 years we are done with them. But after we set up a plan …

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Bank Sponsored Direct to Consumer Hardship Plans for Credit Card Debts

The following guest post was contributed by Michael Bovee of Consumer Recovery Network. If you would like to contribute a guest post, click here. Banks are getting hammered for all of their missteps and risk taking that contributed to the housing bubble and subsequent burst. Unfair foreclosure practices; poor quality underwriting standards; packaging and securitizing …

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