I’ve been unemployed for a while because of this recession and am way behind on my bills. Should I try to settle my debt? Debt settlement is one way to get out from under a mountain of bills. But it’s…
Year: 2020
Interest Rates Increase: What You Need to Know
After much speculation it finally happened and on December 19, 2018, the Federal Reserve raised the federal funds rate—the interest rate that banks and similar institutions charge to loan money to each other. That’s good and bad depending on where…
Is Debt Settlement Right For You?
If you are buried in debt and see no way out but prefer not to file bankruptcy, debt settlement may be your best option. Such programs involve a settlement company negotiating on your behalf with creditors to allow you to pay…
Keeping Credit Available During the Debt Settlement Process
Most consumers attempting debt settlement include all of their unsecured consumer debt in the process. Their goal is to eliminate as much of their debt as possible and as quickly as possible. Once you begin the settlement process with a…