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13 Oct: Debt consolidation 101

Debt is a serious problem in the United States, with the average American household carrying a debt of $137,063. As a result, trying to make monthly payments is an ongoing nightmare for a lot of people.

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09 Oct: Is debt relief a good idea?

Debt relief (also known as debt settlement) is the process where a debt settlement company contacts your creditors on your behalf to negotiate a better payment plan or settle or reduce your debt. If they’re able to agree, they charge a percentage of the amount saved on the settled debt as their fees.

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16 Sep: Foreclosures and your credit score

The variables affecting the foreclosure process vary from state to state. But in general, the process begins if you’re three to six months behind your mortgage payment. Other factors like failure to pay property tax or keep up with house maintenance can also trigger the foreclosure process.