When you open a credit card or loan account, you sign a legally binding contract. By signing, you promise to pay back the borrowed funds under specific terms. If you miss payments, you break that agreement, granting the creditor a legal right to contact you to collect. Most people do not fall behind on purpose…. Read more »
Tag: debt settlement
What Should You Expect From a Debt Settlement Program?
Trying to decide if you should enroll in a Debt Settlement Program? Debt Settlement is an option that few people know about. Did you know that given the right circumstances, most lenders will eventually accept an amount that much less than the full amount to clear an old account from their books! I’m talking… Read more »