Debt Relief

TurboDebt Review: Pros, Cons, Features, Ratings & More

TurboDebt offers a heavily advertised program promising fast, cost-effective debt relief. Do they deliver? Key Points Hot take: TurboDebt has some advantages but may not be the lowest-cost option for debt relief. It’s a legitimate company that has earned an A rating from the Better Business Bureau and five out of five stars on Trustpilot. […]

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How Does Debt Settlement Affect Your Credit Score?

Credit cards allow you to spend more than you make, and that’s how people quickly find themselves in debt. If your monthly payments are overwhelming and you’re considering debt settlement, it’s important to understand how the process affects your credit score. Key Points How Far Will Settling Credit Card Debt Knock Down Your Score? Debt

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Debt Settlement: Is it the Fastest Way to Get Out of Debt?

The average American has a little over $90,000 in consumer debt, though some U.S. households owe much more than that. If you need debt relief, debt settlement is often the fastest solution. Featured Solution: DebtHammer Disclaimer: Credit Summit may be affiliated with some of the companies mentioned in this article. Credit Summit may make money

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2023 Guide to Debt Consolidation and Relief in Delaware

Delaware charges no local or state sales taxes, but residents of the small state have still racked up a fairly significant amount of debt. The state’s average per capita debt balance is $61,490. If you’re a Delaware resident who is struggling to repay debt, here’s everything you need to know to become debt-free. How to

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2023 Guide to Debt Consolidation and Relief in Alabama

Alabama residents have an average personal debt of $67,670, including mortgage debt or student loans. That’s the ninth-highest total in the U.S. Although it’s not the country’s highest, many Alabama residents struggle to repay their debts. If you’re one of them, here’s everything you need to know to become debt-free. How to Become Debt-Free in

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2023 Guide to Debt Consolidation and Relief in Arkansas

Arkansas consistently ranks near the top for per-capita consumer debt, coming in at No. 7 with an average of $43,257 in non-mortgage debt. That’s an 8.2% increase between 2021 and 2022.  Arkansas is also the fifth poorest state, with a poverty rate of 16.80%. The state has seen some recent economic growth, but residents continue

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What is the Statute of Limitations on Debt? A State-by-State Guide

A statute of limitations on debt is the period of time a creditor or debt collector can take legal action against a borrower for to collect unpaid debts. Statute of limitations periods vary by state. Credit accounts that are past the statute of limitations on debt are known as time-barred debts. You’re still required to

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Debt Settlement Fees: You Don’t Pay Until Your Debts are Settled

If you’re struggling to keep up with credit card payments, medical bills, payday loans and other unsecured debts, you may feel like you’re drowning. Debt settlement could be the answer. But how much are the fees for debt settlement? And will you have to pay anything upfront? Let’s take a look. Key points Debt Settlement

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