Before a person enrolls in a debt consolidation program, they should want to know how it will affect their credit. The answer is not as simple as you may think as there are negative and positive consequences. The good news about credit counseling or debt consolidation programs is that you are working on paying down [...]

Well that depends on how you handle the news. You must not allow this to be a surprise, unless of course you want this relationship to become “hell on earth”.  Imagine finding out the day after having slipped on that ring that your spouse is on the hook for a mortgage that you both cannot [...]

As a credit restoration business, we are often amazed that people have no clue what their credit profile looks like until they get turned down for a loan. They have no idea as to why a clean credit history and high scores are necessary. Let’s take a minute to see what one has to lose [...]

As with any other problems, it is best to approach your financial debt problems using ways that have been proven effective by others who were in the same situation. Last week, we discussed the first five sure fire ways to pay down debt. We know that the process is not easy, but the remaining five [...]

By learning how to manage your personal finances, you can get out of debt quickly. Though it will be challenging, it can be done if you work towards it with perseverance, determination and commitment. The easiest way to pay off your debt and get it done quickly is to use the “Snowball Effect.” During the [...]

The digital age has seen some amazing progress: we can shop online, pay bills online, and keep our entire financial accounts in a smart phone.  While all of these technological advances are certainly convenient, they also open up the door for an even greater risk of identity theft. Identity theft occurs when someone uses your [...]

In the current economic downturn, many consumers have desperately sought various methods to avoid bankruptcy.  One such method is credit counseling and you’ve likely seen the ads in papers and on television of how credit counselors can lower your monthly payments and help stop the collection calls.   In 2003, the Federal Trade Commission sued [...]