Rather than paying a 10% monthly charge or a flat fee to a professional debt negotiation service, do it yourself debt settlement offers an alternative way of negotiating debt. Whilst a debt settlement service has more experience with the negotiation process, it is possible to reduce the principal without expensive advice. An appreciation of why lenders are prepared to listen,…
Government programs have come under fire recently for their poor performance in terms of loan modifications. Data shows that over 70% of modified loans fall back into default as soon as the modification period ends. While it is important to explore the reasons people default on mortgages, it should also be noted that borrowers, whose principals were reduced were far…
Going to school without loans today is something seen by the masses as an idea only for the rich or very talented. However, when we look into why it is that people choose to go into debt for school, even for those with no other responsibilities, it is odd that loans are taken out at all. Why do People get…