Let us create a 3D eBook for you!
Let us create a 3d Digital eBook for you! DigyCat.com

Questions to Ask a Credit Counseling Service about Debt Relief


Debt relief is a topic on a lot of consumers' minds these days, and with good reason. American credit card debt in 2001 was $692 billion, triple the amount from 1989. In that same time period, the average credit card increase for a middle-class family was 75%. The amounts were even higher for low-income families and senior citizens. At one time, such a high amount of credit card debt would seem frivolous as buyers spent money they didn't have on luxury items such as electronics or jewelry. Today, however, in less stable economic times and a poor job market, more people are turning to credit cards as a way to extend their income. More and more debt is being rung up for everyday items such as groceries and medical bills. How can people get real help with debt relief?

Credit counseling services were originally established by credit card companies who wanted to get at least some of their money back before a client decided to declare bankruptcy. While that may seem shady to some people, for others it is a legitimate way to pay the debt they owe.

When seeking debt relief, however, be wary and be an informed consumer. Do your research before signing on with any one service. Here are some questions to ask:

* How much does it cost? Many less-than-reputable services charge hundreds of dollars to start up, money that doesn't go to any of your creditors.

* Does the service notify credit bureaus about your enrollment in their program? Some do and some don't. Creditors may still elect to put a bad mark on your credit report, but the agency you are looking at for debt relief shouldn't.

* What services are offered? Do they offer a range of solutions from trouble-shooting before finances are a big problem to debt management. Beware of companies promising too quick a solution or promising to "fix" your credit report.

* What are the benefits of belonging to one particular group over another? For example, some services offer newsletters and budgeting tips, all to help you become more stable when your debt is paid off.

* Are they a member of the Better Business Bureau? If that is not advertised, check them out with BBB first.

With time, patience and diligence, you can become debt free.

Timothy Gorman is a successful Webmaster and publisher of Debt-Relief-Solutions.com. He provides more debt consolidation, credit counseling, repair and free debt relief information that you can research in your pajamas on his website.


MORE RESOURCES:

Debt Releif - Google News

This RSS feed URL is deprecated

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

How to manage student loan debt - WGN Radio


WGN Radio

How to manage student loan debt
WGN Radio
... Loan Debt Relief Consultants (SLDRC), joins Brian Noonan in-studio to discuss and to answer questions from listeners. Tanya Nichols is a former contracted employee of the U.S. Department of Education and a 20-year veteran in the financial field ...

Credit Utilization Rate Explained By National Debt Relief - Benzinga


Credit Utilization Rate Explained By National Debt Relief
Benzinga
Credit utilization ratio is an important factor in computing for credit scores and National Debt Relief explains it in more detail. The article titled "Understanding Your Credit Utilization Rate and How to Improve It" released February 14, 2018, helps ...

Credit Utilization Rate Explained By National Debt Relief - PR Web (press release)


Credit Utilization Rate Explained By National Debt Relief
PR Web (press release)
Credit utilization ratio is an important factor in computing for credit scores and National Debt Relief explains it in more detail. The article titled “Understanding Your Credit Utilization Rate and How to Improve It” released February 14, 2018, helps ...

and more »

Debt settlement: For financial wrecks only? - USA Today - USA TODAY

Tax Season Tips Shared By National Debt Relief - Benzinga


Tax Season Tips Shared By National Debt Relief
Benzinga
Tax Season can be a stressful time for a lot of people that is why National Debt Relief aims to help consumers with some valuable tips to look into.The article titled "10 Easy Tips To Keep You Stress-Free For Tax Season" released February 12, 2018 ...

Debt Elimination Tips Shared By National Debt Relief - PR Web (press release)


Debt Elimination Tips Shared By National Debt Relief
PR Web (press release)
Debt elimination seems to be an ever-moving target for a lot of people this is why National Debt Relief aims to give tips to make it a lot easier. The article titled “Helpful Tips to Eliminate Your Debt in 2018” released February 5, 2018, shares some ...

Debt relief company returns money to FTC, refund checks in the mail - KOMO News


KOMO News

Debt relief company returns money to FTC, refund checks in the mail
KOMO News
If your credit card debt is out- pacing your ability to keep up with payments, reputable credit counseling advocates say debt relief companies should be your last resort. "People jump right into the first solution that looks like it's best for them ...

Consumer Catch-up: Distracted driving penalties, anonymous employee app, debt relief scam - KGO-TV


KGO-TV

Consumer Catch-up: Distracted driving penalties, anonymous employee app, debt relief scam
KGO-TV
Michael Finney and 7 On Your Side have consumer stories you should know about for Tuesday, Feb. 13, 2018. (KGO-TV ). KGO. By Michael Finney. Tuesday, February 13, 2018 05:08PM. Senate bill would crack down on distracted drivers. A new Senate bill would ...

Cuba Creditors Offer 'Very Significant Relief' in Debt Proposal - Voice of America


Voice of America

Cuba Creditors Offer 'Very Significant Relief' in Debt Proposal
Voice of America
Cuba's commercial creditors have offered "very significant debt relief" in a proposal sent to cash-strapped Havana in late January, according to two advisers to the group, in a sign that holders of the defaulted debt are ready to ramp up the pressure ...

and more »

LargeFriends.com - the best dating site for plus-sized singles!
SuccessfulMatchCentral.com - the best dating site for plus-sized singles!

PreLaunchX

PrimeNews Domain Is For Sale - $5,000 For Enquiries eMail Us

© www.PrimeNews.biz - 2012

home | site map | links