The Debt Roll Up process (often referred to as debt snowball) is simple to understand and implement. This method to pay down credit card debt requires commitment and discipline. The approach is straight forward. You simply pay more than the required minimum payment on one credit card until it is paid off. Once you knock […]
debt management
Hardship Payment Plans for Credit Card Debt
Short answer A bank hardship plan lowers your monthly payment by cutting your interest rate. Banks generally only offer one once you have fallen behind, approval depends on your income and expenses, and a single missed payment usually ends the lower rate. Key points on this page The lower payment comes from a reduced interest […]
Can Settling your Debts make it Easier to Find a Good Job in Today’s Tough Job Market?
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 […]