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Oct 12, 2018
| Member since | May 17, 2021 |
The burden of debt relief can be overwhelming, except when using Sell ‘n STAY® Debt Relief options: Bankruptcy Some debt relief options such as bankruptcy, can bring immediate relief to your outstanding loans, but they are not always the best solution. Because some can cause severe negative consequences on your credit score, which may impact your ability to access new credit for years. Others can be very time consuming and costly. Debt management Debt management plans is an option where you eventually pay off your loan(s), in a single payment or monthly installments, but generally at a lower rate of interest which has to be negotiated. However, debt management plans may not allow you to take get any additional credit, like credit cards etc., possibly for many years even after the loans are paid off, due to their negative impact to your credit score. Debt settlement Debt settlement is an agreement between a lender and a borrower for a large, one-time payment toward an ... Continue reading →
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