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8 Ways to Consolidate Credit Card Debt 

Credit Corp

Debt consolidation allows you to take multiple debts and combine them into one, and you can do this with your credit card debt. Doing this makes managing the debt a little easier, and you may be able to get a lower interest rate. Table of Contents: What Is Credit Card Consolidation?

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How Does Credit Counseling Work and Is It Right for You?

Credit Corp

Debt can get complicated, especially if you have a lot of it. Credit counselors are trained professionals who help individuals and families work to get a handle on their debt so they can lay a stronger financial foundation for the future. How does credit counseling work? How Does Credit Counseling Work?

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There are 7,060 collections agencies in the U.S.—here’s what to do you if your credit card debt is sent to one

Collection Industry News

Collections agencies buy your unpaid credit card debt from your card issuer when your balance lingers too long — but that doesn’t mean it goes away. When a collections representative from your credit card issuer calls you, it’s usually because you haven’t made at least the minimum payment for at least 30 days.

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Only half of Americans believe they can pay off their December credit card bill

Collection Industry News

A periodic survey by Bankrate found that 47% of cardholders carried debt from month to month in mid-2023, up from 39% at the end of 2021. The average card customer holds $6,088 in debt, according to a TransUnion report for the third quarter of 2023, up from $5,474 at the same time in 2022.

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Need Debt Relief? Here Are Your Options

Debt Guru

There are two forms of bankruptcy: Chapter 7 bankruptcy is when you go to court and ask that all of your outstanding debt is discharged. It is ideal for those who seek to do away with their unsecured debt such as credit card debt, medical bills, and unsecured loans. Debt Settlement. Debt Management.

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Millennials Face a Second Once-in-a-Generation Economic Calamity

Titan Consulting

Seeking help from credit counselors or credit negotiation companies if you are unable to keep up with existing debt payments. We work with consumers seeking debt consolidation loans, or who may be considering options like debt negotiation or bankruptcy. Contact us today at (888) 488-4517 or Apply Online now.

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Determining Your Debt-to-Income Ratio

Debt Guru

But, of course, a lot of our other liabilities are just that – liabilities – like that out-of-control credit card debt. Categorize your debt just like Clint Eastwood: Good: You got a low-interest fixed loan to buy something that will grow in value, like your house or your small business.