Posts tagged as:

debt settlement

Thumbnail image for Chase Bank Does Not Work With Debt Settlement Companies

Chase Bank Does Not Work With Debt Settlement Companies

May 19, 2010

The debt settlement industry landscape is always changing. When you consider all of the different credit card banks and their evolving internal policies and procedures, that should be no surprise. From time to time, it seems one bank or another proclaims they will no longer work with debt settlement companies. Debt expert Steve Rhode recently [...]

0 comments Read the full article →
Thumbnail image for Popular Debt Settlement Myth #2 Exposed

Popular Debt Settlement Myth #2 Exposed

May 17, 2010

If you are considering debt settlement to resolve your credit card debts, I strongly urge you to do your own research and be as informed as possible before deciding to move forward. Regular readers of the DIY Debt blog know how little I think of the majority of debt settlement companies out there and that [...]

0 comments Read the full article →
Thumbnail image for How Debt Struggles Impact Credit Scores

How Debt Struggles Impact Credit Scores

May 14, 2010

One of the most common questions when considering the different debt reduction programs available to consumers is how will they impact your credit score. This is an important issue to keep in mind when determining which debt reduction strategy is the best fit for your particular situation. “FICO” score FICO is the most widely used [...]

0 comments Read the full article →
Thumbnail image for Debt Settlement Consumer Protection Act Amendment

Debt Settlement Consumer Protection Act Amendment

May 12, 2010

As the Debt Settlement Consumer Protection Act makes its way through the Senate, an amendment has been proposed by Senator Chuck Schumer and Senator Claire McCaskill . The Senators submitted the amendment recently to the bill they first announced last month.  For those who are hearing about this bill for the first time, the intent [...]

0 comments Read the full article →
Thumbnail image for What To Do About Accounts That No Longer Show Up On Credit Report

What To Do About Accounts That No Longer Show Up On Credit Report

May 10, 2010

Some consumers have unresolved debts from many years ago that are still owed, but suddenly stop showing up on their credit report. This situation can be confusing because the vast majority of people believe that accounts you owe money to must always show up on your credit report. What’s the best way to handle something [...]

0 comments Read the full article →
Thumbnail image for 3 Qualifying Criteria for Debt Settlement

3 Qualifying Criteria for Debt Settlement

May 4, 2010

Debt settlement can be a very effective strategy to pay off your credit card and unsecured debts if you are a good candidate for it. It’s an aggressive method to resolving your delinquent accounts but it’s not for everyone and every situation. Many consumers, professionals and small business owners need help in determining if their [...]

0 comments Read the full article →
Thumbnail image for Debt Settlement Consumer Protection Act Aims To Drastically Cut Fees

Debt Settlement Consumer Protection Act Aims To Drastically Cut Fees

May 3, 2010

Last week Senators Schumer and McCaskill announced the Debt Settlement Consumer Protection Act, which is a bill they have written that aims to protect consumers and curb predatory practices that are all too common in the debt settlement industry today. The actual text of the bill became available recently, so let’s dive in and take [...]

0 comments Read the full article →
Thumbnail image for Better Business Bureau Warns Consumers Away From Debt Settlement Companies

Better Business Bureau Warns Consumers Away From Debt Settlement Companies

April 30, 2010

It’s been a difficult week for the debt settlement industry. It started with a very poor showing at the Senate hearings on debt settlement last Thursday. Then this week saw Wednesday’s announcement of the Debt Settlement Consumer Protection Act, which is now being discussed in Congress. And the latest blow is yesterday’s warning to consumers [...]

0 comments Read the full article →
Thumbnail image for Senators Announce Debt Settlement Consumer Protection Act

Senators Announce Debt Settlement Consumer Protection Act

April 28, 2010

A press release came out of Senator Chuck Schumer’s office this afternoon announcing a bill he co-introduced today with Senator Claire McCaskill called the Schumer-McCaskill Debt Settlement Consumer Protection Act. The announcement was expected ever since the Washington Post published an article last Friday reporting that Senator Schumer was already at work on a bill [...]

0 comments Read the full article →
Thumbnail image for How Much Will Debt Settlement Cost You?

How Much Will Debt Settlement Cost You?

April 27, 2010

If you have done your research and have concluded that debt settlement is the best strategy for your particular circumstances, and you have decided not to handle your own negotiations, then your next step is to hire a company to do it for you. This is a very important decision because hiring the right debt [...]

0 comments Read the full article →

← Previous Entries