Lawsuits are always a risk when attempting debt settlement. Within one year of the statute of limitations (3-10 years, depending on your state) lawsuits are rare, occurring in only 2-5% of accounts. Over half of these cases are settled BEFORE going to court because clients have funds available to settle. AFTER a summons is received and BEFORE the court date (usually a 30 day window) is an opportunity to settle because the creditor will usually want to settle and avoid the additional cost and risks involved in suing you. You may often get better than average settlements ahead of a lawsuits. Thus, legal action can be seen as a settlement opportunity if you have funds available to settle.
The “Special Phone Number” you can call to get the TRUTH about all those $5,000 to $10,000 credit cards they promise you with NO Security Deposit and NO Credit Check! Finally, find out the TRUTH about what's a scam and what can really help you build your credit fast!
Are you ignoring phone calls from creditors and dreading the thought of being late on another mortgage payment possibly leading to foreclosure? Does it surprise you to know that struggling to pay bills contributes to 90 % of divorced couples? Are you providing your children the life you want for them? If debt is controlling your quality of life then it is my intention to inspire you in 10 ways to gain back control for you and your family.
To help serve students and families in managing their college loan debt, the U.S. Department of Education provides the National Student Loan Data System (NSLDS), a one-stop source that can tell you, at a glance, how many federal education loans you currently have outstanding, how much you owe on each one, and the servicer responsible for managing each loan.
Save some money for the down payment. If you have things around your home that you aren't using, consider selling them and use the extra cash for the down payment. The more money you put down, the better chance you have of getting the loan.
You can get a loan against your car even if you have no room for it with your loan. There are some companies that will loan you money and take the second lien position on your title. You can usually get a couple thousand dollars doing this. You will have a second car payment, but it is usually not that much each month.
The credit score is calculated through a complicated formula, but it is easy to learn the things that influence it. In general missed payments, huge unpaid loan, bankruptcy are the factors that can ruin your credit score. Moreover certain financial behavior such as trying to get a second refinance for a loan within one year can deadly ruin your credit score.