Category Archives: Debt Settlement
Can I Settle Debt from Affirm?
Did you apply for credit with Affirm, a “buy now, pay later” company, and take on debt that you ultimately cannot afford to repay? If you are like many Georgia residents, this type of “buy now, pay later” debt may have seemed extremely attractive at first but has now resulted in debt, fees, and… Read More »
How Can I Settle Debt from My Hospital Bills?
Health care costs are rising across the United States — this includes the cost of health insurance premiums as well as the cost of health care services provided. According to recent data reported by the Kaiser Family Foundation (KFF), approximately 50 percent of Americans report difficulty affording the high costs of health care, and… Read More »
Can I Settle Debt I Owe to Klarna?
Are you among the millions of Americans who have used Klarna or another “buy now, pay later” form of credit? As a recent CNBC report highlight, “buy now, pay later” (BNPL) loans or forms of credit have become extremely popular among consumers in Georgia and throughout the country. That report emphasizes that “consumers are… Read More »
Premium Rewards Credit Cards and Debt Settlement
Have you accumulated a significant amount of debt on a “premium” credit card, including debt from the annual fee associated with simply having the credit card? According to a recent article in Business Insider, these types of premium credit cards are becoming more common among Americans. And they “can cause people to spend more… Read More »
Will I Still Be Able to Use My Credit Card After Debt Settlement?
When you are making only the minimum payments on your credit card for months or years, the debt can accrue very quickly. As credit card debt increases, your minimum monthly payments will also increase. At some point, you may be unable to make even the minimum monthly payments. At that point, you might be… Read More »
Settling Your Afterpay Debt
Many debtors in Georgia have gone into increasing amounts of debt due to “buy now, pay later” (BNPL) options for purchases made available by a wide range of companies. According to a recent article from the American Psychological Association, BNPL platforms “bypass a number of cognitive and physical barriers to impulse buying.” In other… Read More »
Necessities Versus Wants: Does It Matter What Type of Debt I Am Trying to Settle?
Struggling with consumer debt is becoming an increasingly common experience in the Lilburn, Georgia area. With inflation and rising prices for necessities, many Americans are charging purchases they cannot repay or using “buy now, pay later” services that only lead to more debt in the long run. Depending on your circumstances, you may be… Read More »
Can Debt Settlement Relieve Consumer Financial Stress?
Georgia residents and Americans across the country are experiencing higher levels of financial stress, according to a recent report in MarketWatch. Those levels of financial stress are likely to reach “an all-time high” due in large part to debt. The National Foundation for Credit Counseling developed a “Financial Stress Forecast” in 2018. The Forecast… Read More »
Steps for Approaching a Debt Settlement Negotiation
If you are considering debt settlement as a possible option, what should you be considering as you decide whether this is the right decision for you? Further, what steps will you need to take in advance of the debt settlement negotiations? Debt settlement is one form of debt relief in Georgia that can allow… Read More »
Can I Settle Debt Associated with a Bank Levy?
If you owe debt to a creditor and have become delinquent or in default, the creditor may have taken legal action against you in order to recover the money you owe. What that typically means is that the creditor has filed a civil lawsuit against you. In filing a lawsuit, the creditor asks the… Read More »