Time is valuable. Most people can not afford to lose time from work to negotiate settlements on their debt. Phone calls, and correspondence must to be answered. Complete contact must be kept with creditors and collection agencies, every detail of the debt being negotiated on must be known. Can everyone afford to do this, YES, [...]
Getting in debt is a good way to damage your credit score. Getting out of debt is something that should provide the opposite effect. There are many ways to get out of debt without doing a lot of damage to your credit, but it might require you to think outside of the box a little [...]
Delinquent is a term used by creditors and collectors to describe accounts which payments are no longer being made on. As soon as a payment is missed an account becomes delinquent. These accounts must be at least 90 days behind in order for creditors to consider settlement offers on them. Meaning for three months before [...]
