Credit is having a certain amount of money available on a pre-approved line.
Debt is what happens when you use that line of credit and have to repay the money with interest. It is better to save up the money and pay cash or use debit
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I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?
Credit :)
No, a collection agency cannot remove debt from your credit report. Only the credit bureaus or the original creditor can remove the debt from your credit report.
There are many companies in exsistence today that can help people with growing credit card debt, such as; Consumer Credit, Care One Credit, and a company called Credit Card Debt. One of these services will steer you in the right direction in lowering and eliminating your credit debt.
The amount of credit card debt a person has may hurt them from receiving credit when they apply for loans. It is called debt to income ratio.
I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?
When a debt is forgiven (a forgetadebt as you call it), it will be reported to the credit bureaus. But you will have less debt, which is a positive.
A credit.
Credit :)
There were no credit cards in 1900, hence no credit card debt.
No, a collection agency cannot remove debt from your credit report. Only the credit bureaus or the original creditor can remove the debt from your credit report.
There are many companies in exsistence today that can help people with growing credit card debt, such as; Consumer Credit, Care One Credit, and a company called Credit Card Debt. One of these services will steer you in the right direction in lowering and eliminating your credit debt.
The amount of credit card debt a person has may hurt them from receiving credit when they apply for loans. It is called debt to income ratio.
If you have a lot of debt on your credit from college and are doing college debt consolodation it doesnt mess your credit up, it helps you get your credit back , they work with you to help you .
A credit counselor may be able to help you get a debt settlement on your credit card. It will depend on if the counselor only gives you ways to get out of debt or if they are a settlement counselor.
revolving debt
creditThe opposite of debit is credit. A debit is something owed. A credit is something gained.