Why New Credit Card Debt Settlements Is Harder Than You Think

There are numerous debt settlement companies offering services that make debt settlement harder. Several of them may put you in deeper debt, even if you have a reasonable amount of credit card debt. Without asking for any money upfront One common practice is for creditors to offer settlement on your account without asking for any …

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Which debts are listed in the credit bureau: which ones and which ones do not

Knowing what debts are listed in the credit bureau is of the utmost importance, especially if you are close to requesting a housing loan, because approval could depend on this situation. This institution corresponds to a Credit Information Society, which most Mexicans are afraid of, because they mistakenly think that appearing here is part of …

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Debt negotiation: some tips to avoid scams!

The Financial Consumer Agency of Canada (FCAC) has just warned Canadians against companies that promise to significantly reduce the amount of debt you have left to pay off to your creditors by renegotiating it. Referred to as “debt reduction”, “debt relief” or “debt negotiation”, this process nevertheless involves some risks that you can easily avoid …

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