(Image: Shutterstock) As people struggle to hold their financial lives together during the COVID-19 pandemic, reducing or eliminating debt has become a critical area of concern. Debt reduction services are a way for advisors to tap into this trend and position their practices as more solution-focused and less about products. (Related:Social Security COLA: Whats Working,…
American Debt Relief uses a process known as debt settlement to help consumers erase debt after paying a fraction of what they owe. After talking with a debt consultant during a free debt assessment, customers are asked to begin saving a set amount of money in a dedicated savings account each month. Once the required…
Like many other companies that advertise debt relief services, CuraDebt uses a process known as debt settlement to help consumers get out of debt for less than their current balances. This process asks customers to stop making payments on unsecured debts they owe, and to instead begin saving a set amount of money in a…
Editorial Independence We want to help you make more informed decisions. Some links on this page clearly marked may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. President Biden will take immediate action on student loan debt, extending the freeze…
Fast Track Debt Relief is not one of the top-rated life debt relief companies we profiled in our internal study. You can review our list of the best debt relief companies to learn which firms ranked the highest. Fast Track Debt Relief is unique in the fact that they offer more than one potential debt…
RateSetter has outlined the benefits of a debt consolidation loan, such as reducing a borrowers monthly payments. A debt consolidation loan rolls your existing borrowing into one loan so instead of paying monthly repayments for each of your debts, you pay a single monthly payment to one loan provider. Read more: RateSetter to stop receiving…
Despite the fact that many of us treat “debt” like a dirty word, millions of Americans are drowning it in. Even after a huge bump in debt repayments this year, Americans are still past due on their credit card payments to the tune of $945 billion. On top of that, we also collectively owe $1.7…
Many Texas residents are struggling with tens of thousands of dollars in credit card debt and personal loans, made even worse due to financial problems caused by the COVID-19 pandemic. Many people are unable to qualify for debt consolidation loans because of the high borrower requirements., but there are options to resolve overwhelming debt problems…
Like many other companies in the debt relief space, DMB Financial promises to help you get out of debt using a process called debt settlement. When you sign up for debt settlement, you’ll be asked to stop making payments on credit cards, medical debts, and other debts you have. Instead, you’ll be asked to deposit…
Nobody immediately turns to their finances when bucket list dreams are on the agenda. Its usually all scaling mountains and visiting unexplored corners of the globe in between finding true love and scarfing down fine dining feasts. But the year 2020 left a lot of people cancelling holiday plans and dinners out on the town…