Consumer Debt Settlement Option

Consumer Debt Settlement Option – Careful, The Water’s Cold…

A Consumer Debt Settlement option is one you might need to consider as part of a debt relief solution. This debt relief option applies when your financial situation is in dire state, just before considering the alternative of personal bankruptcy. The goal of debt settlement is to reduce and payoff your unsecured debts in a short timeframe by negotiating lower payment settlements with your creditors. Given the complexity of this…

Debt Management Program

Debt Management Program Guide – Get Your Life Back On Track…

A Debt Management Program (DMP) is often recommended to consumers struggling to pay off their debts. One of the options of consumer credit counseling is the service of a DMP to centralize control and streamline the payment of a consumer’s debts. This is normally managed by an independent third-party for a nominal fee. Consumer credit counseling can offer a consumer various additional benefits as well. For those struggling to manage…

Consumer Credit Counseling Options

Consumer Credit Counseling Options – Basic Guide If You’re Just Starting…

There are consumer credit counseling options that allow for millions of Americans in debt, a way to retake control of their financial future. How? By combining financial education, assessment, advice, goals and plan of action. Since Credit is the ability to borrow money, while Debt is the result of borrowing money, they are two sides of the same coin. The other side of consumer credit counseling is consumer debt counseling,…