Negotiating and settling debts that are past due at all stages of debt collection is thoroughly discussed throughout this site. With all of this detailed information and discussion, don’t forget to plan and prepare for one of the basic elements of settling your credit card debt. All successful debt negotiations have two things in common…a […]
debt settlement
Tips For Handling Debt Collection Calls
In the main debt settlement article series,I have stressed the importance of being in communication with your original creditors, and sometimes their contingency debt collectors, during first stage collections. You should know at this point that debt collection phone calls, and dealing with debt collectors and bank recovery personnel, is part of your debt negotiation […]
An Expert Guide to Credit Card Debt Settlement
Welcome to CRN’s Debt Settlement and Negotiations Guide. This guide makes up the largest portion of the debt relief and credit guides published on this site. That’s because debt settlement does not fit into a tidy package like consolidating credit cards, consumer credit counseling, or bankruptcy. I thought it important to have an introduction to […]
Types of Accounts to Include in Your Debt Settlement Plan
I covered in detail how and why banks settle debt with you, in the prior article in this series. Now, lets take a deep dive into a debt settlement plan, and look at who you could be settling with. You need to know that not all debts are created equal, and that negotiating debt has […]
How to Settle Credit Card Debt Quickly
Settling each of your credit card debts successfully, and for the best possible savings results, follows a simple formula. The formula is 2 parts math and 1 part timing. The best debt settlement deal available to you with each of your debts can be a moving target when the math (the money you have available […]
Best Debt Solution Options – An Overview
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 […]
Former Debt Collector Opts to Help People Get Out of Debt
Ever wonder what makes a debt collector good at getting people to pay debts? In the below video, I interview Jared Strauss, a former debt collector. In the video below, he talks about his methods for collecting debt that made him such a success. What he has to share will likely surprise many viewers. What […]
Stress about overwhelming debt, or fear?
I generally begin any debt relief consultation I do with people who reach out to my company in search of help with credit card debt with this question: “What has you reaching out to a perfect stranger? What is going on with you financially”? Then, I shut up and listen. I am sometimes the first person […]
What kind of debt relief can you afford?
Is your current monthly cash flow either now, or in the near future, not enough to meet your monthly debt obligations while allowing for a set amount of savings taken from income each month? If not, you are currently, or soon could be, in a financial bind. What can you do about it? What is […]
Credit Card Debts and Charge Off – What it Means to You
The term charge off describes an accounting function followed by your lenders. When speaking of revolving consumer credit card accounts, a charge off occurs when the credit issuer either chooses to, or must, recognize an unpaid loan balance as a loss. Losses are bad news for lenders. The bad news gets reported and can affect […]