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Here are some resources that cover from Bankruptcy Alternatives, How To Deal with Business Debt, Freedom of Debt to Stop Annoying Creditor Phone Calls. Please take a look and receive some helpful information.

Is Debt Affecting Your Physical And Mental Health?

Is Debt Affecting Your Physical And Mental Health?

More than likely it is. Scientist have linked the burden of debt to some serious medical conditions. Just as we may lose sleep or grow anxious over any unresolved problem debt impacts our stress levels in the same way.

Is acquiring  Debt a right of passage?

There is a national understanding that when you become an adult you will accrue debt. Whether it […]

October 20th, 2017|

Will Lenders Loan to me After Debt Settlement?

Will Lenders Loan to me After Debt Settlement?

The short answer is yes, absolutely! Creditors are strong believers in second chances. It is in their best interest after all. You will be able to borrow and it is important to diversify your types of credit accounts in order to repair your credit quickly. To get started we need to prove your worthiness to borrow responsibly. 

Borrow responsibly with a Credit Card

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October 20th, 2017|

Why Choose Debt Settlement?

Why Choose Debt Settlement?

You are shoulder deep in debt, overwhelmed, and can’t pay off creditors. Now what? Doing nothing will only exacerbate the problem. There truly is no better time than the present to  get out of a bad situation. Fortunately you have options. Let’s explore them: Bankruptcy, Debt Consolidation, and Debt Settlement.

Bankruptcy

A sure way to get your debt forgiven is bankruptcy. […]

October 20th, 2017|
  • What Does Debt in Mid America Look Like?

What does Debt in Mid America look like?

What does Debt in Mid America look like? So many of us in Mid America live conservative
lives with a regular job, a house, a car, perhaps even a spouse and children. This may all be
apparent from the outside looking in. What goes without notice is the all too common factor of our
burdensome debt. Mid America Debt is not typically comprised of a flashy car or boat like our neighbors to the east and west coasts. […]

  • Six HELOC tips to consider when looking for a HELOC

Six HELOC Tips To Avoid Seeking Future Debt Relief

A HELOC (home equity line of credit) is a revolving line of credit issued by a lender based on the equity available in the home.  Just like a home equity loan, the home equity line of credit uses  the borrowers home as collateral.   Unlike a home equity loan, the HELOC allows the borrower to use and pay back money as needed up to the credit limit for the term of the line of credit.

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October 24th, 2016|Tags: , |
  • Second mortgage debt relief options include debt settlement

Second Mortgage Debt Relief Options

Home equity loans and home equity lines of credit (HELOC) are good options for many people that have equity in their home and want to leverage that equity to cover additional expenses.  The primary advantage of these types of loans is that they typically have a much lower interest rate than other types of loans, or lines of credit, because they use the home to secure the debt.

Unfortunately, if the […]

October 11th, 2016|Tags: , |
  • A HELOC is a home equity line of credit.

What is a HELOC?

A HELOC (home equity line of credit) is a revolving line of credit issued by a lender using the borrowers home as collateral.   Similar in some ways to a credit card, the HELOC allows the borrower to use and pay back money as needed up to the credit limit.

The size of the line of credit issued for a HELOC depends on a number of factors including the borrower’s credit score and the amount of home […]

October 3rd, 2016|Tags: , |

Debt Settlement Vs Bankruptcy

Debt settlement is a service offered by a debt relief company that involves negotiating with your creditors to accept a lump sum payment that is lower than your total accumulated debt.  See this link to find out more about debt settlement (link to other blog post about ‘what is debt settlement’ here).

Bankruptcy is legal action taken to wipe away your debts partially or entirely. There are two main types of bankruptcy: Chapter 7 and Chapter […]

July 15th, 2016|

Should You Use Savings to Pay Off Debt?

Financial crises! 

John is mired in a truly bad month.  He needs an emergency root canal and his transmission is slipping badly.  His landlord just decided to sell so he needs a moving company quickly and he received a pink slip yesterday when his company was purchased.  His daughter is short on tuition money for next semester and his wife just filed for divorce after running up his credit card balances to their limits of […]

How to Make Time and Money Management Work for You

Money management can seem like a daunting task when it feels like there is very little time. We all have many responsibilities that seem to keep us from completing this task effectively or in a timely manner.  Money management itself can also be a stressful topic for many people especially if it is an area of struggle. It is important to understand your connection with money and why you have that connection. If it […]

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