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What Determines Credit Card Rates?

All of us want to get the best credit card rate possible for the credit cards we carry. People don’t generally care too too much about the brand name of the card just as long as they can get the very best and lowest rate available. The payments and the fees involved are the [...]

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Personal loan and bankruptcy?

HERMES asked:
I’ve received about $80.000 personal loan, 5 months ago. I’ve been paying this loan every month. Recently I got unemployed, and because of my bad habit of gambling, I lost all the money I borrowed. I know its stupid, but that’s the sad truth of my life. Can I declare bankruptcy at [...]

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Alternative to bankruptcy?

noodle asked:
Does anyone know of something besides bankruptcy to get credit cards paid off? Any private investors that do that sort of thing…lend money at a low interest rate? I’m not even sure that we could file for bankruptcy because we are not behind on any payments. Some how we [...]

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What kinds of debts can collectors take money out of your bank account to pay it?

tinka_butt asked:
I recently read that collectors were (legally) able to take money from your bank account for old debts. Does any one know how far this stretches (cell phone bills, rentals, etc) Where does the collection stop and is there any way to prevent this (after you already have the debt) Please provide [...]

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Debt Settlement


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