Educational debt is currently affecting more than 44 million of us who owe $1.6 trillion total. The burden of educational debt is countrywide and is one of the largest burdens for Americans. There are many reasons why student loans are harming the future of the U.S economy. The top 10 reasons include: 1. Many student loan borrowers are often reluctant to use additional types of…
The American dream for many families is to see their child grow up and go to college, so they can get a good paying steady and successful job when they graduate. Unfortunately these days college is so expensive, that parents who take loans out to pay for their children’s education, will be paying those loans with no end in sight, for years to come. Not…
Buying a home is a major life purchase for most families in the US today. It means taking out a very large loan and most likely paying that loan off for the next thirty years with interest. There are ways to ensure you can get the lowest interest rate available when you apply for a mortgage. This is an important process to pay attention to…
A debt relief program is meant for those who have a large amount of debt and need a settlement to pay off a smaller amount. This type of settlement program works best for people who have fallen behind in their payments and have debt in collections. As the person in debt, you can choose to negotiate the settlement amount yourself, but debt collectors can be…
Debt consolidation is a option for those who have a large amount of debt. If you are drowning in credit card debt and other bills, you can consolidate all of your bills into one using a loan. Many companies offer a lower interest rate for these loans, but it is never guaranteed. The plus side to doing a loan like this is you will have…
It is hard to imagine any debt being “good” debt. In most cases it is not a good idea to carry debt. The interest rates alone are often to biggest deterrent to not paying off credit cards in full every month. Surprisingly though, there are some debts that are good! Any debt that will bring in income and value over time is considered “good” debt.…
We negotiate how much the client owes and set up a reasonable payment plan through a third party bank account. We work with almost any account in collections, we can negotiate it.