Many debt settlement companies claim to help you settle your debt for at least half of your outstanding balance. But does this offer ring true? What can debt settlement really do for you? How do you know when to settle debt, and when will it do more harm than good? Let’s explore the risks and […]

This comprehensive debt settlement industry study investigates multiple data sources to reveal trends and statistics. The debt settlement industry has grown rapidly since 2005, when it first became a widely available option for consumers. Although still a controversial financial service, it is now a significant part of the debt relief sector. This study compiles available […]

National Debt Relief is one of the country’s largest, most reputable debt settlement companies. It was founded in 2009 and is headquartered in New York City. Over the past eight years, it has helped over 100,000 U.S. families become debt-free and has resolved over $1 billion in unsecured debts. If you are in debt and considering […]

Defaulting on a student loan doesn’t mean missing a couple of payments. Student loan default is the result of a long delinquency in payments, and it is not a situation in which you want to find yourself. In fact, defaulting on your loan may result in being sued, having your wages garnished, and missing out […]

Many of us carry student loan debt. Unfortunately, though, not everyone can easily make on-time payments to pay off that debt. That’s when problems begin to arise. Perhaps you’ve gone into delinquency or default, and the loan company has decided to sue you. If you are having problems with student loan repayment, whether you are at […]

When you’re in over your head with debt, you might feel there is no way out. In those cases, turning to a debt settlement company might be a good option. But be aware of all your options, and study the terms and fees involved, as well as any impact a settlement might have on your credit […]

It seems inconceivable now, but there was a time when there were debtor’s prisons in the U.S. for those who couldn’t pay their bills. Fortunately, you can no longer be criminally prosecuted for failing to pay what is known as a civil debt, including credit cards, loans or medical bills. Despite the protections that consumers […]

During a medical emergency, how you’re going to pay the medical bill or if there are unpaid medical bills on your credit report are the last things on your mind. You may not even know how much this unexpected event will cost until you get the medical bill. Medical bills are so dangerous because, at […]

Americans are familiar with debt. Debt forgiveness, not so much. Here are some scary statistics on debt: College: The average student loan debt for 2015 graduates was $30,100. Credit card: Balances average $16,061 per household. Mortgage: $294,900 is the average home loan amount. Taxes: $13,120 is the average paid in taxes by a household reporting […]