Mar 20

Best Way to Settle Your Credit Card Debt FAST:

Do It Yourself Debt Elimination Debt Settlement

According to a recent survey most Americans would be able to pay the bills for less than 2 months if they lost their jobs. With the economy not looking to improve in the immediate future, now is the best time to prepare for a job loss and get your debts paid off. One way to cut your credit card debt payments by up to half is to settle your debt.

There are several ways to go about settling your credit card debt for less than the full balance you owe. Two of the more popular are hiring a debt settlement company to negotiate on your behalf or doing the negotiations yourself and working out a settlement with your creditors. Both options have their merits. Doing it yourself is cheaper but takes more time and effort on your part. If you have the time and energy and keep good records this option is for you.

If you are short on time because you are working two jobs just to pay the bills and too busy driving the kids back and forth to practice and games all over town, hiring a debt settlement company would probably be best for you.

But debt settlement is not for everyone. If you do not have the discipline to set aside money each month to save up in a settlement fund, you cannot expect to get good results. When you start the process of debt settlement, you cease making your regular credit card payments and you save that money into a fund which you can then offer as a settlement 3 to 6 to 12 months down the road. The only catch is that you have to save that money and not touch it for other purposes.

You must not worry about your credit score if you want to settle your credit card debt. You can be debt free when you negotiate with your creditors and get your balances paid off but do not expect to have perfect credit just because all your balances are now zero. You haven’t made your payments for months, maybe even a couple years, and this will lower your credit score. However, once your debt is all paid off, then it will be easier to start rebuilding your credit. And it takes less time than filing bankruptcy.

With that said and if you still believe debt settlement is for you check out the recommended company to help you settle your credit card debt:

1. Debt Shield

If you want to settle your own credit card debt, check out this recommended course:

1. DIY Debt Settlement

If you are hesitating about if this is right for you, think about where you will be in 2 years’ time. Do you think you will be better off in the future if you keep doing what you are doing? What you have been doing is what got you here in the first place. If you hope to have a better future, you have to take a few steps now towards that goal. Start the process of negotiating with your credit card companies and get your debt settled for less than what you owe.

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Mar 31

Suze Orman is one of the country’s top financial advisors as well as a writer of many best-selling books and a television personality. She has her own show on CNBC called The Suze Orman Show. She has written 6 books that have all hit the New York Times Best Seller list each time. She has also written, co-produced and hosted 6 PBS specials based on her books. She is also the top seller when she does hosting duties on QVC. In 2004 and 2006, Suze won 2 Daytime Emmy Awards for Outstanding Service Show for her then PBS shows. She was chosen by Time magazine as one of the most influential people in the world in 2007.

Suze Orman’s FICO® Kit Platinum is a great investment, in my opinion. Many people have debt and everyone has debt questions. Suze’s FICO Kit is specifically designed to help answer all your debt related questions and take care of your debt. I was on the verge of filing bankruptcy, I decided to go on to the MyFico website and purchase the Suze Orman’s FICO® Kit Platinum for $49.95. The price is pleasingly surprising. I wouldn’t have been surprised if the kit cost more that 100 bucks.95 or so but it was surprisingly inexpensive for what you get.

The Suze Orman’s FICO Kit Platinum was very easy to install. All you need to do is put the CD into your computer and it will take you to a page where you enter some personal data so you can get access to your FICO score. You can get your score from one credit bureau or you can get all three. It is important to know your FICO score because it will help you to make wise financial decision in the future. So my score was pretty low and I was able to view my credit report and see why.

Once you purchase Suze Orman’s FICO Kit, you get a fifteen digit activation code to activate the entire program. The kit has a personal coaching guide that teaches you step-by-step how to get out of debt. You get 12 months of coaching from Suze from the time you activate the software. The cool thing about the coaching is that you learn how to improve your FICO score with tips from Suze and then take what you learn and plug it into a simulator and see how much you’re FICO score will improve if you take those steps. How awesome is that?

Other nice features of the Suze Orman FICA Kit include a personalized action planner page. It takes all the information that you plugged in and gives you steps on what you need to do to get your FICO score higher. Another page asks you all your credit card info. Once you put all that information in the system, it tells you how much you need to pay each credit card and how long it will take you to pay off your credit cards. It also shows you how long it would take you to pay off those same credit cards if you were only paying the minimum amount.

I hope you have enjoyed this review of Suze Orman FICO Score Kit.

by Trent Goldenblum

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