cant pay credit cards / 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 […]
What Steps To Take When You Cant Pay Your Credit Cards
In this video I provide 5 quick solutions on what steps to take when you cant pay your credit cards or loan obligations. #1 Contact the creditors and let them know your situation. #2 Find out how much you can realistically pay and be prepared to pay that amount consistently. #3 Contact a Non Profit Debt Management Agency and go through the process and see what they could do. #4 Seek Legal aid in your area. #5 Don’t be afraid to file Bankruptcy.