Debt Relief – Understanding Credit Card Debt Consolidation Loans
Credit Card Debt Consolidation is not a loan so you don’t have to qualify or put up any of your assets. You can include current or delinquent unsecured accounts into the program. Your interest rates are either eliminated or reduced and that is in most cases. Interest rates will usually range somewhere between 0 to 9.9% once you have joined the program. By having this happen you should get out of debt up to 75% faster than you normally would. This in turn will help you build a better credit rating and score. Once your account is set up, you will make one payment each month and that payment will be distributed each month to the creditors you have included into your program. By joining this type of program you are not defaulting on your debt therefore you can not be sued by your creditors. Default typically happens after 4 to 6 months of non-payment. Be very careful of any company advising you to stop your monthly payments to creditors. Read more at www.debtsettlementscams.com
Most Credit Card Debt Consolidation programs usually last between 3 to 5 years and may be the fastest and most effective method of eliminating unsecured debts without a loan. Creditor payments are consolidated into one affordable monthly payment. The payment amount and payoff period quoted to you on Debt Solutions USA’s free no-obligation quote system is 90% accurate. Keep in mind you can always make a higher monthly payment if you chose to. Making higher payments will help you get out of debt faster than the proposed payoff period quoted. There is no prepayment penalty. The program will end when you are finished paying off your included debt or if you cancel the program.
Participation in Credit Card Debt Consolidation is NOT factored into your FICO® score.
Usual benefits of the program are:
Elimination or reduction of interest rates Reduction of monthly payments Stop collection calls. Proposals will go out to your creditors approximately 10 days after your designated draft date. Elimination late fees and over the limit fees Re-aging of past due accounts to a current status (usually done after making 3 consecutive payments) Re-build your credit and credit rating Consolidate your bills into one easy and affordable monthly payment The management of your debt to ensure the earliest possible payoff Restoring your peace of mind through goal orientated financial management and budgeting analysis. Reduce creditor collection efforts because they are now being paid each month.
Companies such as http://www.debtsolutionsusa.com offer information and a free no-obligation quote at https://www.debtsolutionsusa.com/credit-card-debt-consolidation.aspx
Watch the video related to credit card debt consolidation
An important debt consolidation tip is to never carry excess credit limits or max out credit cards because that will lower credit scores. Learn about credit card consolidation from aregistered financial consultant (RFC) in this free personal finance video. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC
July 5th, 2011 at 4:46 am
Your best bet is to fake your own death.
Life insurance will then pay.
If you don't have life insurance, before you "die" set up a fake "charity" which funnels funds into an offshore bank account in your name.
Fake your death, and pay a crooked physician to sign your phony death certificate.
In your obituary, write : "in lieu of flowers, please send donations to (your charity).
Get yourself a rubber replica of your head and face. Get a suit, and stuff it full of old newspapers and rags. Place this in a rented coffin, topped by the rubber head, for your "viewing".
You COULD try getting in the coffin yourself, but you have to be careful not to twitch when your friends and relatives come to see your "corpse". If getting into the coffin yourself, make arrangements with the funeral home to crawl out of the coffin & leave through the back door, before you are "buried" or "cremated".
Once you have faked your own death and reaped the profits, you can live out the rest of your life in Mexico, Albania, or some other lawless nation, debt-free.
Hope this helps!
July 5th, 2011 at 5:06 am
Credit counseling will actually ruin your credit…
here's what you do…
1. Contact your credit card companies and tell them that you will be no longer using their services if they dont lower your interest rates…..
2. Be ready to follow thru with your threat..
If you have a CC that has a low enough balance to pay completely off in a month, save up the money, then call them, and if they refuse to lower the rate… Offer them your banking information for a ONE TIME TRANSFER.. and tell them you are closing your account and want to pay its balance off, and that you wish to never hear anything further from this company… EVER.
Watch how fast your interest rate falls when you make good on a threat…. :O)….
July 5th, 2011 at 4:49 am
Family meeting folks, need to cut cost, OK how about canceling all insurance policies (frauds anyway) walk away from credit cards (Fico a fraud and slavery). Hey,..it’s just a pragmatic family business decision, Big banks do it all the time so they remain “liquid”. Think I’ll start me a family veggie garden, pop me a cool one and,… Oh well fuck it!