Archive for May, 2007

Can a mortgage lender answer this for me?

Wednesday, May 16th, 2007

boxbeatle asked: Is there a difference between a Consumer Credit Counseling DMP or a debt reduction program where there has been settlement of debts to pay off quicker as for as a lender is concerned? We are avoiding bankruptcy if we can. We can pay off our debt in half the time at nearly [...]

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Credit Card Debt - Reduction Agencies a good idea?

Saturday, May 12th, 2007

Caitlin C asked: My husband and I have tons of credit card debt - $25,000. One of the cards is connected to our debit account and if we have a negative balance in our debit account it will transfer funds from the credit card. It has become a viscus circle. We cannot afford to make [...]

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