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Debt Management: Signs This Is for You

Debt Guru

If you have been turned down for new credit or higher balance limits on existing cards, you might have a debt problem. Too much debt scares potential lenders because they doubt your ability to pay them back, and this leads to application denials. Start by checking your financial house for these nine signs. Denied Credit.

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Katabat Platform to Support SoFi Ominchannel Personal Loan Collections

Katabat

3, 2019 – Katabat, a leading global supplier of debt management software solutions, today announced that SoFi, a leading personal finance company in the U.S., The post Katabat Platform to Support SoFi Ominchannel Personal Loan Collections appeared first on Katabat. WILMINGTON, Del.,

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8 Ways to Consolidate Credit Card Debt 

Credit Corp

Types of credit card consolidation include credit card consolidation loans, balance transfer credit cards, home equity loans, HELOCs, retirement loans, cash-out auto refinance, family loans, and debt management plans. You can go about consolidating credit card debt in a few different ways.

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Can I File Bankruptcy on Just My Credit Cards?

Sawin & Shea

Creditors cannot reclaim any of your property if you default on a loan. However, secured debt means the borrower has put up collateral (e.g. a car or their home), and agrees that they will repay the loan in a timely fashion or else the lender will gain ownership of the collateral they used to get the loan.

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The Best Debt Consolidation Loans

Better Credit Blog

Whereas rates on credit cards can be 13-25%, average rates on personal loans are 14-18%,” says Toms. Even if your debts have already lowered your credit rating, or it wasn’t that high to begin with, you still have options. Make sure this is mentioned upfront, as “good lenders will be direct about fees,” Toms notes.

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The Best Debt Consolidation Loans

Better Credit Blog

Whereas rates on credit cards can be 13-25%, average rates on personal loans are 14-18%,” says Toms. Even if your debts have already lowered your credit rating, or it wasn’t that high to begin with, you still have options. Make sure this is mentioned upfront, as “good lenders will be direct about fees,” Toms notes.

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Fast and Effective Ways to Pay Down Debt

Debt Guru

If you are paying a high interest on any big debts (mortgage, high-balance credit cards, personal loans, etc.), you should ask your lender about a lower interest rate. The post Fast and Effective Ways to Pay Down Debt appeared first on DebtGuru Credit Counseling and Debt Management Services.