Debt Help – Who can You Trust
You are in Debt, you are struggling, you can’t pay your bills. What do you do? Like most people, you turn to the Internet. After all, the Internet has all of the answers. It is true that you probably can find the answers you are looking for online. However, you are definitely going to also find all of the wrong answers, and no shortage of websites, sales people, and hucksters more than...
Read MoreTop 5 myths told by Debt Settlement Companies
Over the years I have heard so many half truths and flat out lies told to consumers by Debt Settlement Salesman, I decided to make a list of the top 5 most common. If you find yourself on the phone with a settlement salesman that floats one of these over to you, go ahead and politely terminate the call and save yourself some time. Without Further Ado, here is the top 5 in reverse order 5....
Read MoreNew Debt Settlement Video is Eye Opening for Consumers
These days American consumers are hemorrhaging under mountains of Debt. Where there is blood, there will certainly be sharks. Specifically I am referring to Debt Settlement companies. There is definitely not a shortage of shady characters in other forms of debt help, but due to the largely unregulated nature of Debt Settlement, the sharks can find much easier pickings. After several years of...
Read MoreCitigroup increases clients debt by raising interest rates!
A few days ago Citigroup sharply increased their rates on about 15 million of their card holders. Could the reason be because starting next month there will be laws in place to prevent them from doing this? Nah, couldn’t possibly be the reason. Citigroup claims the rate hikes where merely part of regular account reviews. What do you...
Read MoreThe Difference between Chapter 7 and Chapter 13 Bankruptcy
During my Consultations I am often asked about the differences between a Chapter 7 and Chapter 13 Bankruptcy. When considering a Bankruptcy filing, the number 1 thing that you need to know is whether or not you can qualify for a Chapter 7 or if you will be forced into a Chapter 13. The answer to that question, may just determine whether or not Bankruptcy will even make sense for you. The...
Read MoreFun with Financial Calculators
Ok, so you can’t really have much fun with them, but a very insightful and valuable tool. Knowing a few functions on the financial calculator will go a long way toward learning the true cost of debt and why it is essential that you get rid of all consumer debt as quickly as possible. In this video I quickly outline the true cost of carrying $50,000 dollars of credit card...
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