Settle Credit Card Debt

Settle credit card debt & save thousands - credit card settlement for pennies on the dollar. Learn how.

Credit Card Debt Solutions

Credit card debt solutions means creditcard companies will take huge losses to settle credit card debt you racked up.

Get Out Of Debt Fast

Raise credit score by settling credit card debt. Learn the inside secrets lenders will not tell you!

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I'm sick of getting mail from people asking me these questions.

"What about my credit score?"

"Won't I get sued?"

"How do you just stop paying your bills?"

"Won't I have problems getting another credit card?"

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God, more laws and more government…but this time we just may be grateful for more intervention with the Consumer Financial Protection Agency, or the CFPA.

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The BEST Christmas Gifts I got this year were homemade.

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Christmas is almost over! I wonder each year if the meaning is lost somewhere in the aisles of shopping malls and in past years, I've stopped buying all together

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Next time you're shopping for that perfect gift try not to use your credit card. Credit cards cost you tons of money because of interest rates. Sometimes, and if you're like a lot of consumers, you will be paying 29% interest rates. That's almost a third of the purchase price on a $100 gift. If you're even one day late in paying those bloodsuckers, add another $35. Do the math and you'll quickly see how easy it is to add two thirds to the cost of that gift.

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Section 5 of the Fair Credit Reporting Act specifically spells out that the investigation for disputed credit information must be completed before the end of the 30th day beginning on the date the agency receives the dispute from the consumer.

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What does the "C" stand for after the number 1099? The answer is "Cancellation of debt."

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You should know UP FRONT that creditcard debt forgiveness isn't going to be entirely free. Life just doesn't work that way. Besides the stress of dealing with India and besides the BS you'll endure during the negotiating process, you will have to pay taxes on the forgiven debt if it exceeds $600.

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CreditCard debt relief is a double edged sword. Sure, you can negotiate to shave several dollars from the creditcard debt you racked up, but there are other issues at stake that must be addressed. Two that come to mind is why did you accumulate more debt than you can manage to pay and what will the debt relief do for your tax situation. I consider the first issue to be most critical and will address the latter in another post.

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There is a lot of confusion about credit report scores and what they actually mean. If you have a low fico score on your credit report and by low, I mean in the 500 range, does this mean that you lack the capacity to pay the loan for a new home?

Let's say that you decided to seek creditcard forgiveness from one or more of your credit card companies. If you negotiated properly, the way way I teach you, your credit score will naturally drop. In my case, I went from the high 700's to the low 500's. But does mean I can't pay for a home loan?

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