How To Settle Medical Debt? A Guide To Reducing Hospital Bills
It goes without saying that medical bills sometimes can come as a shock to people who don’t have enough health insurance to cover them. Not being able to afford the bills puts people under a significant amount of debt which can make things really stressful and overwhelming. As per research, more than 50% of the […]
How To Qualify For Debt Settlement Requirements And Eligibility
A debt settlement strategy isn’t suitable for everyone but as it comes with a flexible nature, it applies to a wide range of different financial challenges. For example, if you don’t want to declare bankruptcy then it’s best that you get out of debt as soon as you can. In case you don’t have the […]
What Percentage Do Creditors Accept for Debt Settlement?
When you are dealing with debts that you can’t afford to pay back, that’s when it’s a good idea to look at the option of debt settlement. In debt settlement, you negotiate with your creditor and settle for less than what you owe. However, there’s a catch here, first is that this strategy only works […]
Should You Get a Secured Credit Card After Debt Settlement?
Debt settlement can reduce your credit score by 100 points and that’s quite a heavy price you have to pay to get out of debt. However, when dealing with a financial challenge and an overwhelming amount of debt, people aren’t left with many options so they have to take such measures to just settle their […]
How to Talk to Creditors About Debt Settlement What to Say & What to Avoid
People with a significant amount of outstanding debt often look for options to just get rid of the debt somehow. It makes sense because all the collection calls, the burden of monthly repayments and not being able to afford the payments can take a toll on your mental health. If you are a victim to […]
How To Negotiate Debt Settlement With Creditors (Step-by-Step Guide)
As per a recent survey conducted to study how people deal with debt, 30% used debt settlement in order to resolve their debt, 40% filed for bankruptcy and the rest opted for debt management. The survey highlighted that people now use debt settlement because it’s the easier way out. They just have to negotiate debt […]
What Happens If You Don’t Pay Debt Collectors?
It’s not always easy to keep a track of the bills you have to pay every month. Especially if you are living from paycheck to paycheck and your expenses are exceeding your income then paying off your debt does become overwhelming. Not having your finances sorted can drain your budget and this leads to missed […]