Credit Debt Management

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Question by JT: Where can I find information about the Credit Card Debt Relief part of the US Stimulus Package? I heard the governement has added Credit Card Debt Relief to the Stimulus Package. But everytime I try and look it up, my search engine is cluttered with ads from organizations who want to “manage” [...]

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Question by shatila79: Any suggestions about credit card debt settlement companies? I owe a substanstial amount on credit cards 30K which I can no longer make payment. There is this debt settlement company that says they will settle my account for %45 there fees included? It will be in a 3 year payment plan. Is [...]

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Question by webby_34: Does anyone has any idea about “Credit Card Debt Elimination” programs? Do they really work or are they shams? I do not mean Debt settlement; I meant Debt elimination. I saw some websites mentioning something like UCC1 to turn from Debtor to creditor(????). Looked very promising. Best answer: Answer by coppice?They charge [...]

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Question by Chris M: How do I go about eliminating my credit card debt? I am 23 with a nine-month-old son, and I owe (on top of my student loans from college) approximately ,000 in credit card debt. I am looking to do a debt management/consolidation program, but was wondering if I should just contact [...]

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Question by webby_34: Does anyone has any idea about “Credit Card Debt Elimination” programs? Do they really work or are they shams? I do not mean Debt settlement; I meant Debt elimination. I saw some websites mentioning something like UCC1 to turn from Debtor to creditor(????). Looked very promising. Best answer: Answer by coppice?They charge [...]

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  • tim t: go for a reputed one The advantage of a debt consolidation repayment plan is that it prevents your creditors from harassing you as long as you go on
  • bdancer222: Most of the debt repair/consolation/settlement companies want their fees up front and leave you credit trashed. Check nfcc.org for listings legit non
  • Deal & Dime D: Call BBB in your state they have reports on everyone for you to review. Good luck and take your time to choose because some debt consolidation compani

About

This blog is about debt management and other debt matters.