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Credit card debt is surging at a record-high rate

Collection Industry News

If you’re struggling to repay high-interest credit card debt, keep reading to learn about three strategies that could help you get out of debt fast. You can also compare a variety of financial products, from balance transfer cards to debt consolidation loans , on Credible’s online marketplace.

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Seven Ways to Get Out of Debt in 2022

Better Credit Blog

Debt is the amount of money you owe to a lender or creditor. Some examples of debt are mortgages, credit card dues, and personal loans. Although accruing lots of debt isn’t ideal, it may sometimes be unavoidable, such as mortgage payments or student loans. What Are the Strategies to Get Out of Debt?

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FAQs About Debt Management Plans

Debt Guru

If you’re feeling buried under the weight of multiple debts, a DMP might be the solution to escape the crush. How do I choose a debt management agency? The Federal Trade Commission recommends finding a reputable credit counseling organization that uses certified counselors trained in consumer credit and debt management.

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Is Debt Settlement Legit?

Titan Consulting

After years of sparse regulation and oversight that allowed a few unscrupulous companies to unlawfully take money from consumers without helping them achieve debt relief, Congress provided the necessary consumer protections to regulate the debt relief industry. What regulators oversea the debt settlement industry ?

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Freedom Debt Relief Review

Better Credit Blog

Negotiate with your creditors to reach settlements and reduce your total debt. Help you come up with a 24- to 48-month debt repayment plan tailored to your budget. In keeping with Federal Trade Commission rules , Freedom Debt Relief doesn’t charge upfront fees. It was for a PMSI loan for an outdoor wood burning furnace.

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We’re Debt Free [And How You Can Do It]

Credit Corp

The average American builds credit by opening a credit card account, acquiring student loan debt, or making car payments. Many people also live paycheck to paycheck , making it difficult to avoid applying for loans if they urgently need money. My Debt-Free Life Started Late in My Adult Life. Limited Financial Literacy.

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5 Best Credit Repair Companies – Updated April 2022

Better Credit Blog

We break this down in our article: “ What Exactly is Credit Repair & How it Works,” but the short answer is that credit repair is the process of reviewing, disputing, and negotiating negative items on your credit report that may negatively impact the credit risk tier you’re in and the loans and interest rates you qualify for.