The Dallas100 Ranks Credit Answers #10 For The Fastest Growing Private Company

Credit Answers was recently named by the Dallas100 as the tenth fastest growing private company in the Dallas Metroplex. The Dallas100 award is an annual event sponsored by the Caruth Institute for Entrepreneurship and recognizes the top companies and business leaders in the Dallas/Ft Worth Area. This prestigious award is only given to companies that meet a stringent set of standards including high business ethics.

Credit Answers Has Been Listed as an Accredited Member of TASC

The Association of Settlement Companies has bestowed Credit Answers with their highest status, accredited membership. Exceeding all standards in the debt settlement industry, Credit Answers stands out as one of the best settlement firms in the country.

What Exactly Is Debt Settlement?

Debt Settlement, also known as debt negotiation, involves a personalized plan that effectively enables a debt settlement negotiator to negotiate a compromise with creditors to settle unsecured debts. Once the creditor and debt settlement negotiator agree on a reduced balance and that lower balance is paid, it will be viewed as payment in full.

Make a Credit Comeback

Once you have completed your debt settlement program, you will be one step closer to financial freedom. At this time, you can begin to re-establish your credit and make a credit comeback! Although your rating will not improve overnight, consider the following ideas to rebuild your credit.

Common Questions regarding the Statute of Limitations

The statute of limitations (SOL) is the legal time frame in which debt collectors can file suit on an unpaid debt. SOL varies depending on the type of loan and the state in which you live. The Credit Infocenter web site gives a description of various account categories and a detailed list of the SOL for each state.

Bad Credit Card Habits

As you strive to settle your debts, most of you have made a commitment to rely on cash instead of credit cards.

Rebuilding Your Credit Could Take Some Time

As you move through your debt settlement program, you may long for the day that you will be free of debt, which certainly will be a significant accomplishment. Of course, many people realize that once we achieve one goal in life, we then face another opportunity or challenge.
One goal that certainly could be of interest [...]

Credit Card Companies Prudent In Making Credit Decisions

According to Consumer Action’s 2008 Credit Card Survey, customer service representatives at six well-known financial institutions told surveyors that they would reduce cardholder’s credit limits because of perceived customer risk. Factors included a decline in cardholder credit scores, late payments, and balances that go too close to the credit limit. This practice is not necessarily [...]

Sales Tactics To Make You Spend More With Credit

As you strive to settle your debts, most of you have made a commitment to rely on cash instead of credit cards. After you complete your debt negotiation program, you will probably want to re-establish your credit. As you probably know, credit cards can cause serious financial problems if they are not used properly.
Unless you [...]

Do You Have a Spending Personality? pt4

Overdone Buying
 
Causes: Usually related to an excessive hobby or behavior; can be a dependency
 
Solutions: Acknowledge the behavior, avoid situations that encourage the spending
 
Overdone buying is typically related to a hobby or behavior. The problem of this personality arises when one becomes infatuated with a habit or hobby to the point where it causes financial problems. [...]