Collections Credit Card Debt Credit Counselor 
Collection Industry News
FEBRUARY 21, 2022
If you’re just making the minimum payments on your credit cards, it may be worthwhile to consider one of these debt repayment strategies. Americans are racking up credit card debt at a record-setting pace, according to the Federal Reserve Bank of New York. Outstanding credit card debt is still about 7.7%
Credit Corp
AUGUST 24, 2021
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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Credit Corp
MARCH 16, 2021
Is your credit card debt behaving like an unruly boy and has gone completely out of your control? Are you spending sleepless nights wondering how to get yourself out of a debt spiral? Or perhaps it’s a burgeoning credit card debt? How to Control Your Debt Yourself. Look Where You Are.
Debt Guru
MARCH 6, 2020
It does include things like credit card payments, auto loans, medical bills, personal and payday loans, and any other collections you’re being assessed. Here’s how the typical lender classifies debt-to-income ratio: Less than 15%: Your debt load is within an affordable range.
Collection Industry News
DECEMBER 1, 2022
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.
Better Credit Blog
APRIL 11, 2022
Although accruing lots of debt isn’t ideal, it may sometimes be unavoidable, such as mortgage payments or student loans. In these situations, debt is considered positive mainly because your financial objective has value and long-term benefits. You may be sent to collections. When this happens, your credit score drops.
Debt Guru
AUGUST 30, 2021
When your voicemail is filled with messages from collection agencies and stacks of bills arrive in your mailbox that you have no chance of paying, it’s time for some serious debt relief help. 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.
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