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Entries Tagged as 'Debt Settlement'

Debt Relief Scam Reminds: Know Your Rights (and Do It Yourself)

January 31st, 2017 · No Comments · Debt Settlement

When you’re struggling to pay your debts, help from a debt relief company sounds like a good thing. Unfortunately, there are far too many scammers out there making the financial situation of struggling consumers even worse – breaking their banks and breaking the law. Thankfully, the Consumer Financial Protection Bureau (CFPB) is there to help. Case in point, its recent action against an alleged debt relief scam through which the CFPB says lawyers were charging illegal upfront fees.

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Ready to Settle Old Debts? Start Here

May 18th, 2016 · No Comments · Debt Settlement

The longer old debts have been dragging down your credit score, the more anxious you likely are to settle them, especially if you have cash saved up to make some deals. But before you jump in with both feet, get to know the basics first.

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When Is Debt Settlement a Good Idea?

March 30th, 2016 · No Comments · Debt Settlement

If you’re just 30 to 60 days late on a debt, all of your efforts should go toward getting that debt current. Only when it’s 60 to 90+ days late should debt settlement be considered. And even then, it’s just that – a consideration. Yes, it can be a great way to repair your credit, but there are other factors to take into account.

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