Obviously, having piles of credit card debt is a total nightmare; but it
does not have to be that way.
Click here to solve your problems once
and for all: Credit Debt Relief
or http://HowToGetRidOfCreditCardDebt.
org now.
For consumers with a large credit...
More
Obviously, having piles of credit card debt is a total nightmare; but it
does not have to be that way.
Click here to solve your problems once
and for all: Credit Debt Relief
or http://HowToGetRidOfCreditCardDebt.
org now.
For consumers with a large credit card debt, usually $10,000 or more, debt settlement should be
considered as a possible alternative to bankruptcy.
There are pros and cons to review before
making a decision about debt settlement.
Debt settlement means that an arrangement is negotiated
with creditors for payment of less than is owed.
Usually, banks and financial institutions will
settle for 40-60% of the original debt.
Banks and financial institutions prefer settlements over the
customer declaring bankruptcy because in bankruptcy judgments, the credit card company will
often receive nothing.
Consumers prefer settlement because the bruise on their credit history is
minor compared to the damage caused by bankruptcy.
Also, settlement gets rid of the debt once
and f
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