25 thoughts on “Suze Orman’s Debt Consolidation Tips”
If your having a hard time paying your Credit Cards or any other type of
debt you may have. The key to getting out of debt is getting organized with
your finances through financial education. Our students pay off there debt
3x as fast without settling with credit companies or getting another job.
Saving our students time & money. Check out our Presentation on our
profile. Thanks
Thanks and hold sharing..!!!!!!!!!!!!!!!!!!!!!!!!!!
I LOVE YOU MARKETING, Inc
The Dividends Pay My Bills Method is how I paid off my credit cards and
home mortgage. It also taught me how to use investment dividend income to
pay my monthly utility bills. Google the method. Believe me, it works.
Decent and disturbing section going with to this issue Really, this is
satisfactory as i acknowledge whenever read.you’re totally capable side by
side and real clever
7:57, I’m lost! How come they IRS will charge income tax on her $20,000
outstanding credit card debt!?
Wow, this coming from a “financial advisor” If you want to get out of
debt, save your credit and sleep at night, go to DaveRamsey.com. SMH
hello homeowners out there we are helping most people who are having
difficulty in loan modications on there homes we have several programs
thats helping our clients keep them in their homes we cut your mortgage in
half call me if you need assistance immediately no more worries 516 655
6887 only contact me if you need help
I’m also in good credit standing and fortunately have not been sent to
collections as of yet but I do have almost $24,000 in credit card debt I
need to pay off and I’m really beginning to feel the squeeze. Can I
contact the banks personally to settle or does it have to go to collections
and risk destroying my credit? HELP!!
This is about debt settlement, not debt consolidation.
Thanks Suze
living with debt is like following your own shadow…
but if you focus on the good way, you recive the solution too..
good video…
so… people spend more then what they have and dont have to worry about
paying it back?
this is so good
It is best to avoid getting into debt to begin with, but always pay douple
the payment if you cannot afford to pay it off at the end of the month. Get
an Amex charge card and not a credit card. Always pay with cash! If you
have a high balance on your credit card, try to pay it off within 12 months
or less and do not use it any more. Try to limit your self on what you can
afford and always assume every day that you will be poor and think about
before you charge.
Ha! I don’t consolidate my clients’ debts – I erase them!
Hello Miss Oman, can you please let us know how many credit card companies
tries to settle debts or entertain common peoples? They always create
pressure on common people and tries to recover extra money from them. Among
100 only a small ratio of 10-15 peoples are able to deal with credit card
companies and get better settlements offers. But what about rest, due to
this reason they file bankruptcy which they have never thought to do.
I’ve learnt so much over the past few years. I’ve learnt to analyse every
credit card statement for what banks are really charging compared to what I
am actually paying. One bank allowed me to go over my credit card limit and
didn’t decline the payment! I thought … wait… who’s managing my account
here?
I do debt collection for medical debt which is a whole new ball park people
so please understand her tips which are great don’t work to well for
medical debts : )
1) Make sure that you are in a settlement agreement, before writing the
check. Just writing on the check “Paid” WILL NOT COVER YOU. Some banks will
just cash it, some will refuse it 2) MOST banks will tell you they are not
going to update the credit report as paid in full, why would they? They
will also send you a 1099c for the IRS for claim of income if they bank
waives more than 600 bucks. 4) Make sure you get the settlement
documentation before you send money.
As a debt collector we always advise people about their poss tax liability,
but we also advise them of the 982b insolvency form. It’s a hardship form
so they don’t have a tax liability. Most of the time just talking to
collection agencies you can get great deals directly with them. I sometimes
settle people for 25%, for example 21k balance and we took 6k to let them
get it resolved. This is all dependant on what the creditor will allow,
because they write off the difference.
great advice.
how long did it take you? and how long did you have to wait until the
Collection companies contacted you? Thank you
If your having a hard time paying your Credit Cards or any other type of
debt you may have. The key to getting out of debt is getting organized with
your finances through financial education. Our students pay off there debt
3x as fast without settling with credit companies or getting another job.
Saving our students time & money. Check out our Presentation on our
profile. Thanks
Thanks and hold sharing..!!!!!!!!!!!!!!!!!!!!!!!!!!
I LOVE YOU MARKETING, Inc
The Dividends Pay My Bills Method is how I paid off my credit cards and
home mortgage. It also taught me how to use investment dividend income to
pay my monthly utility bills. Google the method. Believe me, it works.
Decent and disturbing section going with to this issue Really, this is
satisfactory as i acknowledge whenever read.you’re totally capable side by
side and real clever
7:57, I’m lost! How come they IRS will charge income tax on her $20,000
outstanding credit card debt!?
Wow, this coming from a “financial advisor” If you want to get out of
debt, save your credit and sleep at night, go to DaveRamsey.com. SMH
hello homeowners out there we are helping most people who are having
difficulty in loan modications on there homes we have several programs
thats helping our clients keep them in their homes we cut your mortgage in
half call me if you need assistance immediately no more worries 516 655
6887 only contact me if you need help
I’m also in good credit standing and fortunately have not been sent to
collections as of yet but I do have almost $24,000 in credit card debt I
need to pay off and I’m really beginning to feel the squeeze. Can I
contact the banks personally to settle or does it have to go to collections
and risk destroying my credit? HELP!!
This is about debt settlement, not debt consolidation.
Thanks Suze
living with debt is like following your own shadow…
but if you focus on the good way, you recive the solution too..
good video…
so… people spend more then what they have and dont have to worry about
paying it back?
this is so good
It is best to avoid getting into debt to begin with, but always pay douple
the payment if you cannot afford to pay it off at the end of the month. Get
an Amex charge card and not a credit card. Always pay with cash! If you
have a high balance on your credit card, try to pay it off within 12 months
or less and do not use it any more. Try to limit your self on what you can
afford and always assume every day that you will be poor and think about
before you charge.
Ha! I don’t consolidate my clients’ debts – I erase them!
Hello Miss Oman, can you please let us know how many credit card companies
tries to settle debts or entertain common peoples? They always create
pressure on common people and tries to recover extra money from them. Among
100 only a small ratio of 10-15 peoples are able to deal with credit card
companies and get better settlements offers. But what about rest, due to
this reason they file bankruptcy which they have never thought to do.
I’ve learnt so much over the past few years. I’ve learnt to analyse every
credit card statement for what banks are really charging compared to what I
am actually paying. One bank allowed me to go over my credit card limit and
didn’t decline the payment! I thought … wait… who’s managing my account
here?
I do debt collection for medical debt which is a whole new ball park people
so please understand her tips which are great don’t work to well for
medical debts : )
1) Make sure that you are in a settlement agreement, before writing the
check. Just writing on the check “Paid” WILL NOT COVER YOU. Some banks will
just cash it, some will refuse it 2) MOST banks will tell you they are not
going to update the credit report as paid in full, why would they? They
will also send you a 1099c for the IRS for claim of income if they bank
waives more than 600 bucks. 4) Make sure you get the settlement
documentation before you send money.
As a debt collector we always advise people about their poss tax liability,
but we also advise them of the 982b insolvency form. It’s a hardship form
so they don’t have a tax liability. Most of the time just talking to
collection agencies you can get great deals directly with them. I sometimes
settle people for 25%, for example 21k balance and we took 6k to let them
get it resolved. This is all dependant on what the creditor will allow,
because they write off the difference.
great advice.
how long did it take you? and how long did you have to wait until the
Collection companies contacted you? Thank you
awesome