In the face of high unemployment rates and slow growth, consumers have swiped their credit cards much less than in previous months. According to the Federal Reserve, credit card debt fell to $850.7 billion in July, down from $858.8 in May.
Read MoreService members and their families have support on their path to financial wellness with the new Military & Veterans debt management program offered by the non-profit credit counseling organization American Debt Counseling, Inc. (www.americandebtcoun
Read MoreWith the new debt relief laws that were recently passed by the FTC, consumers now have a couple different debt settlement options. The main two options are the attorney based model and the no advance fee model. Which is best for you?
Read MoreFiling for Bankruptcy used to be the easy way out of debts. Not anymore thanks to new federal laws. Consumers on the verge of bankruptcy should at least consider negotiating a debt settlement deal before filing bankruptcy.
Read MoreMaking the debt settlement industry a performance based service has made it far less risky and more financially advantageous for consumers to settle credit card debt. Now if they can't settle your debt, you don't pay a single penny.
Read MoreFiling for bankruptcy might have been appealing in the past however new federal laws make this option far less attractive. It is important that consumers know all of their options for debt relief before ever filing bankruptcy.
Read MoreNew federal laws were recently passed that provided significant protections for consumers in credit card debt. Now when someone enters into a debt settlement program they won't have to pay a dime until their debts actually settle.
Read MoreDebt settlement which used to be a very risky option for debt relief is now a legitimate and affordable option thanks to new federal laws which ban the practice of collecting upfront fees.
Read MoreThe Credit Card Debt Settlement Act 2010 went into effect yesterday and now consumers that enter into a debt settlement program will not have to pay a fee until their debts are actually settled.
Read MoreNew regulations for the debt relief industry go into effect today and effectively ban debt settlement companies from collecting upfront fees for their services. Now, consumers won't have to pay a dime until their debts are actually settled.
Read MoreThe Credit Card Debt Settlement Act 2010 was recently passed by the Federal Trade Commission. These new laws make the debt settlement process much more legitimate and an overall better deal for clients.
Read MoreIn the past, consumers and small businesses that couldn't afford to pay back their debt would file bankruptcy. However new laws that were recently passed make it much easier for consumers to avoid bankruptcy and settle credit card debt.
Read MoreBefore the new federal debt relief laws, entering into a debt settlement program used to be a very risky decision. The main risk was associated with paying upfront fees. This risk has been nullified with the new FTC laws.
Read MoreBankruptcy used to be the easiest way to eliminate debt however with these new FTC laws in place, entering a debt settlement program has become far less risky. If they don't settle your debt you don't have to pay a dime.
Read MoreThe Credit Card Debt Settlement Act was passed which seriously regulates the debt settlement industry. This legislation effectively bans debt relief companies from collecting upfront fees and makes it a much more legitimate debt relief option.
Read MoreBoth bankruptcy and debt settlement programs recently have had laws passed which regulate their practice. The new debt settlement laws in particular have given consumers a much more legitimate option for debt relief.
Read MoreCredit card companies have been recklessly lending credit to the American public and collecting millions of dollars in interest payments. Now with millions of consumers unable to pay, they are having no choice but to make debt settlement deals.
Read MoreThe Credit Card Debt Settlement Act 2010 was recently passed by the FTC. This new legislation bans debt settlement companies from collecting upfront fees and also provides stricter regulations on disclosure requirements.
Read MoreThe Credit Card Debt Relief Act 2010 mainly targets debt relief companies and bans the practice of collecting upfront fees. This new legislation makes the debt settlement process much more legitimate and less risky for consumers.
Read MoreThis legislation is expected to make credit card debt settlement a much more legitimate option for consumers seeking debt relief. Now consumers won't have to pay a dime if their debts don't settle.
Read MoreAs Bankruptcy Filings Increase and Fico Scores Plummet to an All Time Low. The Legal System is Fighting the Debt. This Week 1000 Consumers are Graduating from Their Debt Resolution Program.
Read MoreMaking debt settlement a performance based industry has taken much of the inherent risk off of the back of the consumer and transferred it to the debt relief company. With these new laws, if companies don't perform consumers won't have to pay a dime.
Read MoreCredit card debt is something that almost every American can relate to. New laws passed by the FTC in July 2010 have made one debt relief option particularly attractive, credit card debt settlement.
Read MoreThe Credit Card Debt Settlement Act of 2010 has created a legitimate opportunity for Americans to eliminate a percentage of their credit card debt. New regulations placed on debt settlement companies has made it a much better deal for consumers.
Read MoreCredit card debt continues to be one of the biggest problems facing the American public. Lending standards over the past decade have been downright irresponsible and now consumers are left searching for credit card debt relief options.
Read MoreThe Credit Card Debt Settlement Act 2010 was recently passed by the Federal Trade Commission of the United States. These new laws make it much easier and less risky for consumers to settle credit card debt for less.
Read MoreNew laws recently passed by the FTC have banned debt settlement companies from collecting upfront fees thereby making debt settlement a legitimate option for personal credit card debt relief.
Read MoreThe Credit Card Debt Settlement Act of 2010 will force the debt relief companies to live up to their promises and negotiate successful settlement deals. The days of collecting large upfront fees with no performance guarantee are over.
Read MoreWith the new FTC laws, debt relief companies won't get paid unless they are able to settle the debt for an agreeable amount. This will undoubtedly increase the effectiveness of debt settlement and provide consumers more protection.
Read MoreWith the new FTC laws, consumers who opt for debt settlement will not have to pay a dime until their debts are actually settled. This legislation is indeed a victory for both the Obama administration and consumers in credit card debt.
Read MoreThe new debt settlement legislation has taken the risk off the back of the consumer and placed it upon the debt settlement companies. The days of collecting large upfront fees without actually settling the consumer's debts are over.
Read MoreThe Credit Card Debt Settlement Act Of 2010 will force the debt relief companies to live up to their promises and negotiate successful settlement deals. The days of collecting large upfront fees with no performance guarantee are over.
Read More