All too often people read the advice to always request debt validation when they hear from a collection company of any kind. This is consistently some of the worst debt advice I have seen on the internet, and that is repeated over and over by seemingly credible sources but also perpetuated by scammers! Debt validation […]

There is a crazy amount of online sources that set bogus expectations for what debt collectors must send you in response to your debt validation request. This sets people up to fall for one of the worst and expensive debt scams out there. It also causes people to lose opportunities to resolve valid debts more […]

Bounce AI can be both a contingency collection agency and a debt buyer. Who they are collecting for can have an impact on what you can settle for and how long you will be able to spread out the payments on the agreement. If Bounce AI bought your debt, they may be more flexible. They […]

Settling PenFed credit cards and personal loans after you have fallen late is an option, but there are things you want to be aware of when settling with credit unions. How low of a settlement you get with PenFed can depend on the factors I cover in this video. How long you can pay a […]

If you are struggling to pay your Chase credit card or loan you have some options. Settling with Chase is still commonplace, but because they started suing again a few years ago, and more now than ever before, resolving unpaid Chase accounts before they send you to an attorney is ideal. You can still structure […]

Splash personal and student loans can be settled for less than what is owed. How you go about it can depend on who the actual lender is on your loan, as Splash Financial is just the technology lending platform. Also important to consider is , how collectable you look. Settling in one lump sum is […]

Resolving unaffordable debts with credit unions can be different. I talk about how to approach payment plans and settlements with Alliant Bank. They do have different variations of hardship plans on credit cards but that may not always be available on Alliant personal loans. Settlements can be decent when compared to smaller banks, and often […]

Prosper Loans can be settled for less than what you owe. In many situations, you can also get longer payment terms on your settlement. Prosper is not great with offering long term lower monthly payments on the full balance payoff when you are hit with a financial hardship. That makes settling the loan one of […]

Greensky loans are often for home improvement projects like solar panels, window and door packages, etc. There are different funding sources behind these loans. How and when you settle a Greensky loan will be factored on these concerns and other things I cover in this video. SHARE THIS VIDEO: https://youtu.be/yN5fVrCKjyw ∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷∷ For more tips on […]

Credit Corp Solutions is a debt buyer, and like most debt buyers, they are willing to settle for less than the full amount owed. I share the details you need to know. They use external collection agencies who settle for less. They use collection law firms where you can still settle, though for higher than […]