Debt Relief | Megan McGinnis' Blog--Get Connected!

Knee Deep in Debt–Options for the Dumbfounded

Saturday, October 24, 2009

Knee Deep in Debt–Options for the Dumbfounded As we saw in the previous article on debt settlement options, it’s good to check in with the government to see what their opinion is. I found this second article on the Federal Trade Commissions website to be of value too. It is long but you can choose [...]

Are you one of “The Near Bankrupt?”

Friday, October 23, 2009

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Are you one of “The Near Bankrupt?” Not everyone in trouble in this economy has run up debt to pay for their “expensive toy” habits. Many people in the US have resorted to using their credit cards to help supplement the loss of income due to layoffs or reduced hours. The figures are growing and [...]

Bait & Switch in the area of debt settlement? Who do you trust to handle your credit card debt?

Thursday, October 22, 2009

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Bait & Switch in the area of debt settlement? Who do you trust to handle your credit card debt? There are many companies out there purporting to reduce your debt but it’s hard to know what the best options are. With so many sources of information online it’s easy to get influenced by opinion, and [...]

Retirement Planning-The Key is to Start Early

Saturday, October 3, 2009

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Retirement Planning-The Key is to Start Early I love these etrade commercials because they are not only funny but they offer an important lesson in each one. The key to the most successful retirement strategy is to start early. With the proper instruments, the compounding will do the heavy lifting in your retirement account. Thanks [...]

Loan Modification vs Short Sale

Thursday, October 1, 2009

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Loan Modification vs Short Sale Many homeowners don’t know what direction to go when they are facing foreclosure. They are unfamiliar with the term “short sale” so they don’t know what their options are. Kurt Novak sheds some light on these two options. Are Loan Modifications Better than Short Sales? by Kurt Novak When you [...]

Loan Modifications-Do it Yourself Pros & Cons

Tuesday, September 29, 2009

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Loan Modifications-Do it Yourself Pros & Cons

Loan Modifications-Do it Yourself Pros and Cons Many people who need loan modifications don’t have the money to pay upfront or on the backend so they end up trying to do the negotiations themselves. There are pros and cons to this strategy and let’s explore that here. Pros: You don’t have to pay someone money [...]

Debt Settlement Basics-Do it Yourself

Saturday, September 26, 2009

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Debt Settlement Basics-Do it Yourself These folks have explained it so well that I can draw a map of getting out of trouble. It’s very possible to manage your debt issues by yourself but you have to be proactive about it. Don’t delay. Read as much as you can to get the full picture, draw [...]

Credit Repair-Free Insider Tips!

Saturday, September 26, 2009

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Credit Repair-Free Insider Tips! I found Chane Steiner to be very knowledgeable about this subject, have added his blog as a link and he is sharing this with us: “These tips can change your life if you take action! They have definitely changed mine! First, download your free copy of Credit Repair Insider Tips. To [...]

Improving Your Credit Score

Friday, September 25, 2009

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Improving Your Credit Score By Angella Raisian Credit Repair Tips: So what are some specific tips for boosting or improving your credit score? Amounts Owed Tips Keep balances below 30% on credit cards and other “revolving credit” Pay off debt rather than moving it around Don’t close unused credit cards – keep them open and [...]

Credit Score Basics

Friday, September 25, 2009

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Credit Score Basics By Angella Raisian n Have you ever wondered what makes up your FICO scores, and what it takes to improve your credit? What can you do if you have a marginally bad credit score and you want to improve it? First, you have to understand what makes up your credit score and [...]

Loan Modifications with No Upfront Fee

Thursday, September 3, 2009

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Loan Modifications with No Upfront Fee “Most companies charge an upfront fee, anywhere from $2000-$3500, which we consider a conflict of interest. If a client is paying upfront, where is the incentive for the firm to do the negotiating work?” Megan McGinnis, independent representative of a national no upfront fee loan modification company, asks. Since [...]