Debt Settlement Acceptance Letters Show Banks Do Agree to Settle For Less

As we  have explained in a previous post many banks are dishonest to their cardholders claiming they do not work with debt settlement companies in an effort to cause fear and doubt. This is clearly an effort to strike fear into the hearts of the account holders so you return to  paying the excessive interest and finance charges. Consider the lie in their statement, ” We don’t work with... [Read more]

Do Credit Counseling DMP Debt Management Plans Hurt My Fico Credit Score?

Does credit counseling hurt my credit score? This is a very popular question we receive regarding your credit score. Its important to know how your credit score is calculated to explain this answer in detail so let’s dig in. 35% of your credit score is measured by making payments on time 30% of your credit score is measured by your dti (debt to income) – the more debt you have the... [Read more]

Calling Bull On Creditor Resistance To Debt Settlement Companies

Chase Letters To Clients Contradict Their Past and Future Settlement Policy This is an interesting example of how creditors try to influence their cardholders to PAY UP IN FULL on their credit card debt. As more and more people enroll their credit cards into debt settlement programs, more and more creditors will be combating the program, and attempting to collect the debts directly, via their “in-house... [Read more]

Debt Settlement in Rancho Santa Margarita, CA-California

Debt Settlement in 47 States, including Rancho Santa Margarita, CA, Miami FL, and Phoenix AZ Debt Management Guys can counsel you on debt management and debt settlement programs tailored to your state and financial scenario.  Currently debt settlement is very high in Rancho Santa Margarita, CA, Phoenix, Arizona, and Miami, Florida, and we can assist consumers in 47 states. To find out what you can... [Read more]

How Can A DMP Lower Your Interest Rate?

How Can a DMP Lower My Interest Rate? Wondering how a debt management plan works? Its easier than you think. Your credit card company won’t tell you that you can get a lower interest rate in a debt management plan because they want you to pay the full balance back. Now if you can afford the payments but your interest rate is too high, you may want to consider it if contacting... [Read more]