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Posts Tagged ‘credit card debt settlement’

Is credit card debt settlement bad for your credit?

March 12th, 2009
2 comments
stan450z asked:


I am a senior in college, I have no job now as I am finishing school. I start work in June, and I actually have good credit, over 700, and 5k in credit card debt. I’ve paid my bill in full always in the past until my last killer spring break. Debt settlement sounds cool to cut the debt in half which I would pay off with a lump sum, or should I just stomach it for another month where I can pay it all off entirely in full. Thanks.

admin Debt Management , ,

The best way to get out of debt when you can’t stay current

October 22nd, 2008
1 comment

If you have found yourself in a situation where you can no longer stay current on your credit card bills, medical bills, mortgage, etc., you may need to consider a debt settlement program as a suitable solution for getting out from under your debt burden.

A debt settlement program is a great option for those in financial distress and will allow you to continue paying the important obligations such as your mortgage, rent, auto loans, living expenses, while dropping your monthly payments on your unsecured debts to approximately 50% of what they are currently. The new low monthly payment will be set aside into an escrow account, and used to settle the accounts one at a time during the program.

For more information, please watch the short video about debt settlement and visit the website for additional information, or to request a free confidential debt consultation.

Visit online credit card debt consolidation for additional info.

Jon Ochs Debt Management , , , , , ,