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You are here: Home / Archives for Blog

Blog

Best Debt Solution Options – An Overview

September 7, 2021 by Michael Bovee 51 Comments

Debt Solution Options and Cash Flow

Because the options available to eliminate problem credit card debt are limited, I often find it more productive to use a process of elimination to help determine what would be the best debt solution. Most readers will find they can narrow down the list of debt relief options to one, or perhaps two, using the […]

Filed Under: bankruptcy, Blog, credit counseling service, credit reports, debt consolidation, debt settlement

Dubious Debt Settlement Marketing Strategies – Don’t Buy into It

September 8, 2021 by Michael Bovee Leave a Comment

Every day, I receive a daily Google alert in my e-mail inbox that features links to articles, press releases and blogs about some aspect of debt settlement. It’s one of the ways that I stay abreast of what is happening in my industry. It’s the kind of information that any financially-troubled consumer might find by […]

Filed Under: Blog, debt settlement Tagged With: debt scam, debt settlement programs

Can Settling your Debts make it Easier to Find a Good Job in Today’s Tough Job Market?

August 8, 2017 by Michael Bovee Leave a Comment

In a recent blog post written by Diane Stafford with the Kansas City Star entitled: Bankruptcy filing thwarts re-employment, Stafford highlights a key reason why consumers who can qualify for a Chapter 7 liquidation of debt bankruptcy should research ways to avoid it, if at all possible. The concern here is your credit report when […]

Filed Under: bankruptcy, Blog, debt management, debt settlement, economy Tagged With: bad credit, credit report, debt negotiation, jobs, unemployed

Banks Raise Credit Card Interest Rates Based on Risk – But This Leads to Losses

August 8, 2017 by Michael Bovee Leave a Comment

More than half of all of the people that have consulted with Consumer Recovery Network over the  years, have indicated that credit card interest rate increases had made it harder for them to keep up with their monthly payments. Why are these increases happening? In many cases it’s because of something called the universal default, […]

Filed Under: banking practices, Blog, economy Tagged With: bank rates, credit card fees, credit card payments, high interest rates, rate jacked

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