The situation is never resolved by ignoring it. However, you can take some steps to reduce both your stress and the amount of money you may need to pay in penalties.
When you take out a credit card and use it to charge a purchase, you are agreeing to make payments within the terms of the agreement that you have with a bank or finance company. If you break that agreement, the bank or finance company that issued your card is likely to take steps to punish you.
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Ready to take control of your money in 2018? By making a few small changes now, you can start the new year with a fresh budget and a plan to get your spending and savings back on track.
From cable bills to everyday spending habits, these 6 tips will help you save more, spend less and get on the fast track to financial success.
1. Set Goals
You might think that first on our list should be the infamous New Year’s resolutions we’ve become so accustomed to year after year. But since New Year’s resolutions tend to flop by January 30 each year, goal setting is a much better option!
Here are the top 3 reasons to use Debt Settlement with a detail on how they work.
Debt settlement is a debt repayment strategy where you negotiate with your creditors to accept a partial payment as full satisfaction for the debt. If the creditor agrees, you pay just a percentage of your outstanding balance and the rest of the debt is cancelled for good.
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