Credit Debt Management

Question by Tom J: Can anyone recommend a good non profit debt settlement company? Best answer: Add your own answer in the comments! “non profit debt settlement” The Man with the Iron Hand Image by guano Henry de Tonti stands at the high end of Tonti Creek, at Starved Rock State Park, Illinois. I took [...]

Question by mom24athome: Has anyone ever used a debt management service? How did it affect your credit rating? Would you reccommend it? I want to eliminate the rest of my credit card debt. I see the ads for debt management services where they work with your creditors to reduce your interest rates, then combine all [...]

Question by Mike: Has Anyone Ever Tried This Debt Settlement Strategy? In response to a question I recently asked titled “Suggestions for Debt Settlement Negotiations (Part 2 of 2)”, someone suggested the strategy outlined below. I know it sounds sleazy, but as long as it’s legal and there’s no backlash from the original Creditor for [...]

Question by Kim: Can anyone tell me how debt relief/credit counselors work? What it does to your credit? Do they really reduce your monthly payments? Best answer: Answer by JessicaSome of the programs work by accepting your normal debt payments and holding on to them for a while and NOT paying your creditors. At some [...]

Question by Kat: Has anyone worked with a debt reduction /settlement company? I am looking for someone who has been through this before. Best answer: Answer by bryan lMost are scams and i have seen many folks that get involved with these end up being sued from the creditor for far more. I know it [...]