When I was battling my debt nightmares, the fear mongering debt collectors warned me that they were going to make sure I paid my credit card debt or face jail time(there are no prisons for debtors…it is a very dirty scare tactic). They will tell you anything to get you to send them money but do not budge because they will have all kinds of ideas for you including debt consolidation. That is another debt with a new name. Do not agree to any of their suggestions.
For immediate debt help call the National Foundation for Credit Counseling (NFCC. org) if you have money to pay because all the credit card issuers work with them in regard to figuring out your debt. The aim of NFCC is to help you settle your debt without bankruptcy. This is the only litigate company that will actually help you eliminate over the limit fees and lower your interest rate. In my opinion, they are better than those debt settlement companies are.
In all major cities, there are free debt services, which you should consider before going further with any agenda that may cause you to regret for a very long time.
Debt advice is available; you just need the right information but please do not buy into the idea of debt settlement for pennies on the dollar. The debt settlement people will make you pay upfront retainer fee plus monthly fees. Remember they will not go to court with you if you are sued and if they do they will charge you just as a lawyer would, so why bother in the first place, get yourself a lawyer from the get go instead of wasting time with those who will not help you.
Remember the strategy of the debt settlement outfits is to get you to stop paying your debt and then they give this super cool idea called saving. This is how it will go down, first you pay them some money -monthly fees of course and the remaining you start saving the idea is to make the credit card companies desperate and offer a quick settlement. It is a good idea when you first hear it but the down side includes your credit and the fact you might not be able to settle the debt. For starters, let me tell you that after a year my credit scores were so low I could have been in a better position with bankruptcy. I hope you read this before you put yourself in serious trouble.
Get Your Free 3-in-1 Credit Report
For immediate debt help call the National Foundation for Credit Counseling (NFCC. org) if you have money to pay because all the credit card issuers work with them in regard to figuring out your debt. The aim of NFCC is to help you settle your debt without bankruptcy. This is the only litigate company that will actually help you eliminate over the limit fees and lower your interest rate. In my opinion, they are better than those debt settlement companies are.
In all major cities, there are free debt services, which you should consider before going further with any agenda that may cause you to regret for a very long time.
Debt advice is available; you just need the right information but please do not buy into the idea of debt settlement for pennies on the dollar. The debt settlement people will make you pay upfront retainer fee plus monthly fees. Remember they will not go to court with you if you are sued and if they do they will charge you just as a lawyer would, so why bother in the first place, get yourself a lawyer from the get go instead of wasting time with those who will not help you.
Remember the strategy of the debt settlement outfits is to get you to stop paying your debt and then they give this super cool idea called saving. This is how it will go down, first you pay them some money -monthly fees of course and the remaining you start saving the idea is to make the credit card companies desperate and offer a quick settlement. It is a good idea when you first hear it but the down side includes your credit and the fact you might not be able to settle the debt. For starters, let me tell you that after a year my credit scores were so low I could have been in a better position with bankruptcy. I hope you read this before you put yourself in serious trouble.
Get Your Free 3-in-1 Credit Report
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