debt / 2 posts found
Why A Debt Settlement Is A Bad Choice
In this video I give you 4 reasons to avoid Debt Settlement and Credit Card Settlement.. #1 A Debt Settlement ruins Your Credit Report # 2 If you settle on debt they will send you a 1099 for the difference. # 3 Credit Runs the world this is a fact. So when obtaining a debt settlement it paints a negative picture in the mind of the creditors you want to do business with. A debt settlement will also definitely hamper your chances for obtaining more credit in the future. #4 The debts you settle on could be sold and then […]
Can Credit Be More Valuable Than Money?
In this video I provide 4 reasons why credit is more valuable than money. #1 You are defined by your credit score not your ability to pay the debt back. As long as you can make the payment they will allow you to have credit. # 2 Cash is used up once you spend it that is all you have. Why credit you can have access to more as long as you are able to maintain a good credit report and consequently a good score. #3 1 Million Dollars put in a bank provides you with ten thousand a year […]