Freedom Plus loans can range from about ten to forty thousand dollars. The interest rates can vary depending on your qualifications when you get approved for the loan. This can make for hefty monthly payments, and can also mean some of us are one unexpected expense away from not being able to make our Freedom […]
Debt Bytes Blog
Solve Loan Builder and Swift Financial Payments Affordably
Loan Builder is a business lender offering loans through PayPal that are serviced by Swift Financial. They offer competitive loans and rates like brick-and-mortar banks do. They are a good option to consider while you are implementing your business plan. I regularly see Loan Builder offers and would put them in the mix of lenders […]
Portfolio Recovery Associates LLC and Solving Your Debt
Portfolio Recovery Associates LLC is one of the largest debt buyers in the country, and one of few publicly traded in the United States. Like many of the largest debt buyers in the US, PRA buys up unpaid collection accounts, mostly tied to credit cards, from Citibank, Synchrony, Comenity, US Bank, and more. Portfolio Recovery […]
Settling debt with Radius Global Solutions
A site reader recently wrote in to ask about dealing with a large debt collection agency by the name of Radius Global Solutions, who they are, and whether to settle a debt with them. The submitted questions are great, and as is the case with much of the site, I publish the exchange so others […]
Resolving Debt with Velocity Investment LLC
If you are hearing from Velocity Investment LLC it is likely because they have purchased an unpaid account from one of your creditors. Like with many debt buyers, Velocity bids on accounts that have gone unpaid more than 4 months in the case of fixed loans, and more than 6 months late in the case […]
Credit One Bank Debt Settlement and Payment Plans
If you find yourself unable to keep up with bills, and you get to the point where your payments with Credit One Bank are going to be late, it may be time to look into your options. Credit One is closer to the sub prime credit card category. They are a great option for rebuilding […]
Reduce Credit Card Interest Rates
Readers regularly write to me asking what options they have for lowering credit card interest rates. Many people inquiring about consolidation are making monthly payments on time, but are only barely getting by, and some months end up taking money from one credit card to pay another, and are running out of balance transfer options. […]
Resolving Debt with Synchrony Bank
Many branded store, and specialty credit cards, are serviced by Synchrony Bank. If you are wondering whether you card is serviced by Synchrony, I provide a list of known businesses that use them below. As you can see, Synchrony is not just about its flagship relationships like Amazon, and Care Credit. They do a ton […]
Pros and Cons of Chapter 13 Bankruptcy
If you make more than your state’s median income and are looking to clear away high, unsustainable debts through bankruptcy, and you have too much disposable income to qualify for a Chapter 7 bankruptcy, a Chapter 13 bankruptcy may be a good option for you. With a Chapter 13 bankruptcy, your debts are reorganized and […]
Budget your way out of debt
If you’re in debt, you may be able to break free just by making some smart moves with your budget. Slashing expenses that you don’t need, finding ways to lower fixed expenses such as auto insurance and utilities bills will free up more room in your budget. And so will the plain, old task of […]