Posts filed under 'Blog Carnival'
Credit card debt is like a creeping disease - but we can Eliminate Credit Debt and eliminate the disease if we know the rules of the game.
The credit card companies do not want you to know all the rules - they rule when we are ignorant of the rules! Did you get that?
Stores offer cards, gas stations, my old granny and her dog offer cards, and they stuff our mailboxes - how do the US Post Office handle it all? It’s too easy to have too many cards. When you charge your purchases, it doesn’t seem like you are spending at all.
But the numbers add up and one day - you owe a lot of MONEY! Yes, they want to get paid!
Did you know that the majority of folks who seek help for consolidation consumer counseling credit debt or credit settlement have been in trouble more than once?
The first and best way to start reducing credit card debt is to pay more than the minimum monthly payments - stop spending on things you don’t need! Make a list to carry with you - the essential need items and the nice items. Nice will have to wait. If you can’t do it and stick to it, then you have to take drastic action.
One approach is to get CCC - Consumer Credit Counseling through the many agencies that offer debt negotiation programs. The agency will negotiate lower monthly payments or a debt settlement with all your credit card companies, so that the total amount you owe is reduced. They might negotiate lower monthly payments and discount the balance owed.
There are little known ways that are 100% legal and legitimate where you can eliminate credit debt. If you’re already in a deep mess, then let me recommend a service I used while learning the hard way. See link below. You don’t have to make my mistakes - learn with me.
Use your good judgment now; don’t ask your friend or neighbor who is worse off than you!! - and always remember to check out your local BBB - Better Business Bureau to be sure you’re in capable hands.
If you found this article useful, pass it onto your friends. It’s always easier to avoid than cure …
*All information contained herein is for informational purposes only and is not to be construed as legal, financial or tax advice.
The author, Bruce Neill, knows how credit card debt can hurt - he knows the pain. But - there are solutions. http://www.eliminatecreditdebtblog.com
September 2nd, 2008
Credit card debt is like a creeping disease - but we can Eliminate Credit Debt and eliminate the disease if we know the rules of the game.
The credit card companies do not want you to know all the rules - they rule when we are ignorant of the rules! Did you get that?
Stores offer cards, gas stations, my old granny and her dog offer cards, and they stuff our mailboxes - how do the US Post Office handle it all? It’s too easy to have too many cards. When you charge your purchases, it doesn’t seem like you are spending at all.
But the numbers add up and one day - you owe a lot of MONEY! Yes, they want to get paid!
Did you know that the majority of folks who seek help for consolidation consumer counseling credit debt or credit settlement have been in trouble more than once?
The first and best way to start reducing credit card debt is to pay more than the minimum monthly payments - stop spending on things you don’t need! Make a list to carry with you - the essential need items and the nice items. Nice will have to wait. If you can’t do it and stick to it, then you have to take drastic action.
One approach is to get CCC - Consumer Credit Counseling through the many agencies that offer debt negotiation programs. The agency will negotiate lower monthly payments or a debt settlement with all your credit card companies, so that the total amount you owe is reduced. They might negotiate lower monthly payments and discount the balance owed.
There are little known ways that are 100% legal and legitimate where you can eliminate credit debt. If you’re already in a deep mess, then let me recommend a service I used while learning the hard way. See link below. You don’t have to make my mistakes - learn with me.
Use your good judgment now; don’t ask your friend or neighbor who is worse off than you!! - and always remember to check out your local BBB - Better Business Bureau to be sure you’re in capable hands.
If you found this article useful, pass it onto your friends. It’s always easier to avoid than cure …
*All information contained herein is for informational purposes only and is not to be construed as legal, financial or tax advice.
The author, Bruce Neill, knows how credit card debt can hurt - he knows the pain. But - there are solutions. http://www.eliminatecreditdebtblog.com
September 1st, 2008
If you don’t pay on time then you have to Eliminate Credit Debt. When the month is longer than your income - one fact is obvious - it cannot continue for very long - you have to stop the rot.
CRAs, the credit reporting agencies are a central information base for all credit card companies and they receive millions of reports every day. If you are a few days late, it might remain a secret, but if you go over 30 days, they’ve got you. This info will definitely reach your credit report and your score starts to fall. It can take years to build a good score, but months, or even weeks, to destroy a good one.
Now the closely guarded secret. The info they receive and the info they input isn’t always correct! Yes, you read right - they make mistakes! They are human after all!
And, thank goodness, we have the right to challenge any information we believe is wrong!
You should check your report every so often. You can download easily and even get a free copy when you are denied credit. Check it carefully. If you don’t know how; take it to a trusted friend and ask for help. If there is anything there you don’t agree with - challenge it in writing. Explain your reasons, give the facts and the companies are obliged to reply satisfactorily within 30 days. If they don’t; you have the right to demand the negative (derogatory) info be removed and your demand must be posted in your report so others can see it.
Credit card debt is a growing problem. The economy is heading for recession, so credit card debt is a big issue for John and Jane Doe. When times were good, we could see a way out - now, it’s not so easy.
The good news is that there are people who help with credit debt. It’s important to know that it is possible.
Debt consolidation is one way - but just bundling the bill doesn’t necessarily make it easier to pay. It is vital to cut up your credit cards - and don’t get any more. Debt counselors can often provide lots of suggestions and advice.
Some people have mountains of credit debt and there is no way out - especially in a recession. One solution may appear to be bankruptcy. My personal opinion, not legal advice - just an opinion - bankruptcy can ruin you and your credit score. Get professional advice.
A better way to keep your hard-earned dollars in your hands is to eliminate credit debt. If, by chance, this article got here too late and you’re already in deep water, then let me recommend a service I used while learning the hard way [check it out below].
By the way, don’t consult your friend who’s worse off than you!! - and do check out your local Better Business Bureau to be sure you’re in good hands.
If you found this article useful, pass it onto your friends. Easier to avoid than cure …
*All information contained herein is for informational purposes only and is not to be construed as legal, financial or tax advice.
If you want to fight back and protect your rights, then follow this series, by an author committed to helping you when the world just says, “No way!”
Please visit: http://www.eliminatecreditdebtblog.com
Thank you.
August 31st, 2008
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