Category:
Debt

Man concerned about his credit score about Debt

Credit Card Settlement and Your Credit Score

By Alan Schmadtke | July 13, 2023

The amount of debt you have and whether you ever engaged in a credit card settlement are two major factors that affect your credit score. If you want to get…

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What Is Debt?

By George Morris | June 1, 2022

How Debt Works Private Debt companies are for-profit entities that charge a fee of 15%-25% of the debt the company is originally asked to settle, or the lower…

Borrower negotiating with a creditor and shaking hands

Tips to Negotiate with Creditors on Your Own

By Robert Shaw | February 10, 2022

It’s not easy to rationalize the next late payment notice or harassing call from a creditor or collection agency as an opportunity to lower your debt. Not when your initial…

Debt Pros Cons

The Pros and Cons of Debt

By Robert Shaw | July 31, 2015

Maybe you’ve seen the signs on the side of the road, or you’ve received solicitor calls or brochures that promise to “Eliminate debt now!” The offers are tempting. Unfortunately, in…

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What Is Debt?

By Tom Jackson | July 2, 2015

How Debt Works Private Debt companies are for-profit entities that charge a fee of 15%-25% of the debt the company is originally asked to settle, or the lower…