by admin on October 22, 2009
In the beginning, the consumer used the card judiciously and paid off the balance in full monthly. However over time, the consumer started paying only the monthly minimum payment along with a little bit toward the principal balance. From time to time because the economic climate was on the up swing, the consumer had equity [...]
by admin on September 30, 2009
I read a quote by Pat Robertson and his advice was this ” The law of compound interest coupled with the law of use will lead to amazing things. Meaning if you save it and compound it – sooner or later you will come out with something better” I happen to agree with his observations [...]
by admin on June 25, 2009
I’m a Christian and want to know if a creditor will settle a debt for less than what I owe once it is in collections? In most cases a creditor or collection agency is more than happy to take a reduced lump sum settlement. In many cases debt just never gets collected while negative credit [...]
You have probably seen and heard ads for Consumer Credit Counseling and Debt Management Programs. Of course anyone advertising such a service is going to make it sound like the best thing since sliced bread. Well, folks – bad news. We live in a world full of frauds and liars, and some of these debt [...]
I have done some research on Christian Debt Settlement and Christian Debt Consolidation and haven’t really been able to figure out if it is any different than a regular credit card debt consolidation company. The Christian Credit Counselors seem to rely on quoting the Bible in their advertising. I am suspicious to whether or not [...]