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Consolidating Your Debt? Here’s What NOT to Do

Debt Guru

Every month, you face a mound of credit card and bank statements (or your inbox fills up with them, and you have to write a separate check (or perform an individual internet transfer) for each of them. All the while, you feel like you’re no closer to zeroing out your balance on any of those debts. Don’t jeopardize your home.

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An In-Depth Guide to Bank Account Garnishment in Texas and How to Avoid It

Debt RR

This unpaid debt can lead to a serious problem for businesses: garnishment. Bank account garnishment can create serious cash flow blocks for companies of all sizes, and those cash flow problems can compound into other issues, like payroll concerns and late payments on other accounts. Can Debt Collectors Garnish Bank Accounts in Texas?

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National Debt Relief Review

Better Credit Blog

Debt settlement firms expect you to stop paying your lenders and make monthly installments into a secure trust instead. While waiting for money to build up in your secure trust, the debt settlement firm won’t send any to your lenders. It’s resolved more than $1 billion in unsecured debt since it first launched in 2009.

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How to Get out of a Debt Spiral–11 Easy Things to Do [TODAY]

Credit Corp

Next, you have to check your bank and financial statements to get an idea of your net worth. Look at your credit card statements and bank statements to know how much you have spent money and where. If it looks like your list is never-ending, you are probably in a debt spiral and need to get out of it. Opt for Debt Settlement.

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Freedom Debt Relief Review

Better Credit Blog

TransUnion calculates that paying off $5,000 of credit card debt at the minimum rate costs $10,000 in interest. This is where a debt relief program can help, typically with unsecured debt, meaning debt not associated with a tangible asset like a house or car. Who Is Freedom Debt Relief Best For? Bankruptcy.