Are you finding yourself more and more in debt and more and more having problems making even the minimum payments? You have probably heard of Chapter 13 bankruptcy and debt consolidation but which is the best for you to do. Statistics say that 25% of people in out of control debt file for bankruptcy. Is [...]
Posts on ‘May 29th, 2010’
You Will Close Credit Cards Because You Think It May Help You Get Approved For Debt Consolidation
There have been a number of modifications to credit card rules that have been made as a matter of law. These changes have been the result of recent legislative actions. One such new rule is that a credit card company must give you the option of closing your account when they make a change. Now, [...]
Will A Debt Consolidation Service Hamper Your Credit Or Will It Help?
Many individuals that find themselves in a difficult credit situation are afraid that pursuing debt consolidation will have a negative impact their credit report. While some methods of expiring debt, such as settlement plans, can cause some initial damage to your credit score, consolidation actually has the opposite effect, causing a noticeable initial boost in [...]