Credit Card Debt Relief

#Options: YOU HAVE DEBT RELIEF OPTIONS: We Have Your Solution. When you have a lot of credit card debt, there are a lot of companies offering a wide range of options to help you. As you do your research, you’re probably asking yourself two questions: 1. What are my debt relief options? 2. Which option is best for me? #creditcard #debtrelief #debtfree #debtrelief #debtsolutions

Credit Card Debt Relief (Canada Associates) helps individuals and businesses by creating personalized debt relief programs that work. Our service is a form of debt consolidation without a loan. Our customized plans aim to help you reduce what you owe by up to 80%, avoid filing for bankruptcy, get out of debt in as little as 3- 24 months.

#PersonalFinance: It’s hard to believe that just over six months ago COVID-19 was not part of our day-to-day conversation and now it’s become a major focus of our lives. Whether it’s getting our children back to school safely, or considering what work looks like as we enter the fall season, we’re facing unsettling times and many of you have seen your personal circumstances change as a result of the pandemic. We realize everyone’s financial situation is unique and that you may have some questions as you manage through the months ahead. No matter your situation, Canada Associates is committed to provide the advice and support you need. #COVID19 #creditcard #debtrelief #DebtSettlement #debtfree #finance #canadaassociates

Getting out of debt: In order to get out of debt faster, make a larger contribution than the minimum payments due. If any extra income is coming in from a side project or raise, put that money towards paying off your #debt. If you can't make the minimum payments or are behind, consider contacting your creditor. They may help set up a payment plan or temporarily reduce interest rates under a hardship plan so that the balance will be paid down. If you are far behind on payments, consider talking to a credit counselor. They may help develop a debt management plan or help you decide whether a low interest rate loan to consolidate debt is available. - #creditcard #debt #debtfree #canadaassociates

#DebtRelief: Many people are facing a situation they haven’t had to deal with in a long time: an economic downturn. And they need help navigating it. What are some of the biggest mistakes people make in hard times, and how can they avoid them? After all, facing a downturn is hard enough without making it even worse by falling into common traps in the way you spend, invest and save. As you’ll see, the mistakes range from the big to the small and cover a wide array of practices... and situations. Not everyone has the luxury of making some of these mistakes. But hopefully, they will make you think as you find your path through the coming months. And ideally, avoiding any of these mistakes will make your economic troubles a little less painful and the eventual recovery a little more robust. #CanadaAssociates #debt #creditcard #Recession #PersonalFinance #debtfreecommunity See more

#ItPaysToKnow: Reasons Why You May Benefit From Debt Settlement: Outside the debt settlement industry, debt settlement is rarely (if ever) recommended as a viable solution to dealing with your debts. Much of this has to do with the number of debt settlement scams and the miseducation of consumers to the effects of debt settlement. For most consumers and businesses, there many benefits to debt settlement. #CanadaAssociates #debtsettlement #debtrelief #debtfree #finance #creditcard https://www.facebook.com//a.1094524804932/325269512244851/

#creditchat: There are many ways to unintentionally fall into debt: 1) Unpredicted loss of job 2) Loss of income 3) Unexpected medical bills... 4) Costly divorce 5) If you are in debt, there is no need to worry, #CanadaAssociates is here to help you. Imagine being #debtfree in just as little as 3 - 24 months. #creditcard #debt #finance #bank #Bankloans #debtconsolidation #debtrelief

Call today to see how our credit card debt relief program can kick start your journey to financial freedom. No Upfront Fees. Debt Relief up to 80%. - #CanadaAssociates

#CreditChat: Your amount of outstanding debt may not have a direct impact on your credit score, but your ability to pay it off does. #CanadaAssociates #creditcard #debt

#CreditChat: 3 Easy steps to start your debt free journey with Canada Associates. Step 1: Answer a few online questions or talk to our debt free associates about how to become debt free. Step 2: Well set everything up so you can start to make one affordable monthly payment. Step 3: With help from us along the way, continue to climb until you reach your debt free destination. #NoUpfrontFees ... #creditcard #creditcarddebt #debtfree #debtsettlement #debtrelief

#CreditChat - For many people, credit cards offer an important resource when money is tight, and if youve lost income recently as a result of the #coronavirus pandemic, your credit cards may be serving as an important lifeline in meeting basic needs. At the same time, if youre not able to make your payments on time, credit card debt can add up quickly and result in longer-term financial challenges. Many credit card companies, however, are prepared to work with customers imp...acted by the pandemic. If you cant make your credit card payment, or think you might not be able to soon, notify your credit card company as soon as possible or call us free, we might be able to negotiate a #debtsettlement with your creditors. Our program can save you up to 80%. #NoUpfrontFees #FreeConsultation #CanadaAssociates #DebtFree #creditcard #debtsettlement #debtrelief

Having trouble paying your bills? Are you worried about losing your home or your car? Youre not alone. Many people face a financial crisis at some point in their lives. Heres what you need to know about getting out of debt. Debt settlement programs are different from debt management plans. Debt settlement programs are typically for people with significant credit card debt, bank loans, store cards, etc etc The companies negotiate with your creditors to let you to pay a sett...lement, or lump sum of money thats less than what you owe to settle your debt. Meanwhile, you have to set aside a specific amount of money every month in a designated account until you have enough savings to pay off any settlement that is reached. The process can take 3 to 24 months, which you can get out of debt in the shortest amount of time and save thousands of dollars. - #CanadaAssociates #debt #creditcard #creditcarddebt #budget #finance #debtfree #personalfinance #debtsettlement #debtconsolidation See more

Effects of Missing a Payment - When a credit card is past due, the penalties range from increased interest rates, to late fees, to credit score impacts. Therein lies the importance of making sure you pay your card on time every month. Late fee: If you missed a payment, you may see a late fee added to your balance. This fee can range in amount, but is usually at least $27 for the first missed payment and higher for additional missed payments. Penalty APR: Credit cards come wit...h either a fixed Annual Percentage Rate (APR) or a variable APR and either type can adjust to a higher APR if you miss a payment, though some cards, such as the Discover it card, dont use a penalty APR. If your credit card company does increase your APR if youve missed a payment, it means that interest will accumulate on the revolving balance faster than before. Creditors reevaluate a cardholders penalty APR every six months after it is set, so, if you make your payments on time each month moving forward, the penalty APR may not last forever. This all depends on what terms are associated with your credit card, and not all creditors will change your APR. Be sure to check your terms and conditions and make sure you understand the details. Credit score impact: Your credit score can also be affected if your credit card is past due. On-time monthly payments are one important component of credit scores, so when payments are reported as late from your credit card to the credit bureaus, that can have a negative impact on your overall score. Your credit score is used by credit card companies, banks, and other lenders to determine your creditworthiness, therefore if you want to apply for loans or credit cards in the future, a strong credit score can be crucial . If your due date has passed, still do your best to make the payment as soon as possible. A missed payment, if recorded on your credit report, could remain there for up to seven years. Your cards terms and conditions outline all of the associated consequences of missing your due date and theyll vary for every card. You can always double-check this information if youre ever unsure of late payment repercussions. #CanadaAssociates #debtrelief #debtsettlement #finance #debtfree #creditcard #creditcarddebt

#ItPaysToKnow: Debt Relief Services: If youre struggling with significant credit card debt, and cant work out a repayment plan with your creditors on your own, consider contacting a debt relief service like credit counseling or debt settlement. Depending on the type of service, you might get advice on how to deal with your mounting bills or create a plan for repaying your creditors. Before you do business with any debt relief service, check it out. If youre thinking about ...getting help to stabilize your financial situation, do some homework first. Find out what services a business provides, how much it costs, and how long it may take to get the results they promised. Dont rely on verbal promises. Get everything in writing, and read your contracts carefully. - #CanadaAssociates #Canada #creditcard #debt #debtrelief #debtfree #finance #personalfinance #debtsettlement #MiltonAssociates

#CreditCard Bills - If your credit card payments are unmanageable due to job loss or another income disruption, consider working with your issuer to find some relief. Right now, many credit card issuers are working with clients. Credit card issuers may offer forbearance programs, which allow you to push back or reduce payments for a set period of time. They may also nix late fees and penalties. While you may try calling your issuer to discover your options, there are reports ...of long wait times. So consider visiting your issuer's website, which may have a request form to apply for a financial hardship program. Get everything in writing, so you understand when payments resume, whether you'll owe some kind of bulk payment and whether interest continues accruing. - #ItPaysToKnow #creditcarddebt #covid19 #forbearance #canadaassociates #debtrelief

#Finaces: The law states if you and a lender agree to temporarily modify your loan payments due to the #coronavirus that the lender should continue to report your account as "current" as long as you fulfill the terms of the modified payment plan. https://www.facebook.com/canadalifesolutions/

You always hear about creating a budget living on a budget staying within a budget. But what exactly is a budget? Here are all the answers you need. THE TERM "#BUDGET" is one that often strikes fear into those looking to balance their financial situations. However, budgeting doesnt need to be a scary experience. With proper planning and execution, a budget can help anyone pay off debt, save money and put the right foot forward for a prosperous financial future. #creditcard #canadaassociates #finances #debtfree

#Bankruptcy: JCPenney has filed for bankruptcy. The coronavirus crisis was the final blow to the 118-year-old company struggling to overcome a decade of bad decisions, executive instability and damaging market trends. Penney is not alone in this scenario, either. Neiman Marcus, Stage Stores and J.Crew have filed for bankruptcy protection during the pandemic. #Chapter11 #JCPenny #Neiman #Marcus #Stage #JCrew

#StudentLoans: Health care workers on the front lines of the #coronavirus pandemic would have some of their student loan debt forgiven under a new bill introduced in Congress. The bill, introduced by New York Rep. Carolyn B. Maloney, would create a program that forgives federal and private loans obtained "to receive medical and professional training held by health care workers who have made significant contributions to COVID-19 patient care, medical research, testing and enha...ncing the capacity of the health care system to respond to this urgent crisis," according to her office. Doctors, nurses, medical researchers, lab workers and other health care workers responding to the pandemic would be eligible along with others who are giving their support to fight the virus. #Student #debt #creditcard #studentdebt #loans #CanadaAssociates #medicaldebt #mdedical See more

#Debt: For lawyers handling consumer #bankruptcies, business is actually down fewer people are filing now then they did last year. But that could all change around this fall, when a huge spike is expected. #Debtrelief? #creditcard

What Is Credit Card Debt? - Credit card debt is a type of revolving debt that allows you to continue to borrow and repay the money you use. Credit card debt may become an issue if you are not paying the entire balance of your credit card each month. Because credit cards typically have higher interest rates than loans or lines of credit, if you have a remaining balance on your card at the end of the month, you will be charged interest on top of the amount you already owe. Depending on the balance you owe on your #creditcard, your interest charges may be substantial and make it more difficult for you to pay off your #creditcarddebt and get out of debt.

#FraudAlert: The Government of Canada will not reach out by text or email to ask you to apply for the Canada Emergency Response Benefit (CERB). Learn how to recognize fraud: https://t.co/fYDUth7IiN https://t.co/tKJQr4tKMn #fraud #scam #canada #saynotofraud #covid_19 #coronavirus #canadaassociates

Our team of debt experts help people deal with their debt problems. With more than 25 years' experience, you can be confident that our advice is always based on what's best for you. Our advice is free, impartial and confidential and we tailor our advice to your situation. We also provide a range of managed debt solutions and all the advice and support you need to help you deal with your debts. #CreditCard #debt

#Covid19 - What you can do about debts today? Since the pandemic has grown, many of those who were already reliant on credit cards for everyday expenses may face even more dire situations because of lost income and other financial hardships. Thats why its more important than ever to communicate with your credit card issuer and take action to find resources that can offer relief. Credit card rates remain very high, over 17 percent for many cardholders, and government interes...t rate cuts wont provide much relief. Things like payment debt relief programs, balance transfer cards, and even personal loan debt consolidation are all options right now and should be fully explored to save money and alleviate stress. Credit card debtors need to take matters into their own hands. Talk to your credit card issuer: The first thing you should do if you're worried about credit card debt is reach out to your credit card issuer for assistance. Many issuers have developed assistance programs specifically for those affected by the #coronavirus pandemic and may offer solutions ranging from forbearance plans to credit line increases, waived fees and even approved missed payments. Working out a personalized plan with your credit card issuer can also keep your credit score from taking a hit due to missed or late payments, which may have an even longer impact on your financial health. #ItPaysToKnow #creditcarddebt #debtsolutions

Coronavirus (COVID-19) Stay safe online from the emerging threat of criminals using #coronavirus as an opportunity to scam customers. We want you to be aware of the ways criminals may try to steal your money. Scammers could contact you by phone, text or email, claiming to be someone in a position of trust, such as a bank employee, a utility company representative or even the police. Once they have gained your trust, they will request sensitive information - information which banks, creditors would never ask for such as your PIN or password - which allows them to access your account.

#MoneyTalk: COVID-19 has impacted lives all around the world, causing uncertainty in many parts of life. If you think you may experience financial hardship, cant pay your bills because of the current #COVID19 pandemic, contact your creditors and get the help you need as soon as possible. #ItPaysToKnow

Check your credit report regularly, especially now. Although experts always recommend checking your credit report regularly, it is especially important to do so at this time. Regularly monitoring your credit report can help you identify potentially fraudulent activity and respond to it before it causes significant damage to your credit history and scores. The good news is that there are many resources available for you to get a free credit report. Every year, youre entitled ...to one free credit report from each of the three main credit bureaus: #Experian, #Equifax and #TransUnion. You can access these reports at annualcreditreport.com, which is authorized by federal law. To take full advantage of these three free reports, space them evenly throughout the year (about once every four months). That way, youll keep a consistent eye on your score all year long. You can also opt to receive regular reports from each individual bureau. More information about this can be found on each of their websites. Free credit monitoring from Equifax, TransUnion and Experian includes alerts and an updated monthly credit report and you dont even need a credit card to inquire. #Lineofcredit #creditcard #creditcarddebt #debt #debtfree https://www.facebook.com/notes/canada-life-solutions/how-to-keep-your-credit-score-from-being-impacted-by-coronavirus/1271665113041254/

#creditChat: Families will struggle with job losses or reduced incomes, and some will fall behind in paying their bills. These late payments could hurt their credit for years and hold them back taking out a mortgage, applying for a job, or renting an apartment long after the crisis is over. #creditcard #creditcarddebt #debtrelief https://www.schatz.senate.gov//schatz-brown-introduce-new-

#Brexit - Coronaviruss economic danger is exponentially greater than its health risks to the public. If the virus does directly affect your life, it is most likely to be through stopping you going to work, forcing your employer to make you redundant, or bankrupting your business. #Bankruptcy #finance #debtrelief #creditcard #debt https://time.com/5803757/coronavirus-airlines-bankrupt/

#FinancialEducation: Financial stress is often the result of the unexpected. Unpredictable events can be expensive and usually happen when you can least afford it. That's why credit card companies offer optional insurance protection, to protect you should the unexpected occur.#insurance #creditcard #budget #debtfree #finance #creditcarddebt

#ItPaysToKnow: Weve all experienced unexpected financial emergenciesa fender bender, an unexpected medical bill, a broken appliance, a loss of income, or even a damaged cell phone. Large or small, these unplanned expenses often feel like they hit at the worst times. Setting up a dedicated savings or emergency fund is one essential way to protect yourself, and its one of the first steps you can take to start saving. By putting money asideeven a small amountfor these unplanned expenses, youre able to recover quicker and get back on track towards reaching your larger savings goals. #Budget #debt #creditcard #YouSavedForThis #finance #jobloss #debtrelief #debtsettlement #debtconsolidation #savings

#Bankruptcy - Pier 1 Imports Inc. the funky furniture retailer that started out selling bean bag chairs and love beads to hippies and later grew into a home-furnishings giant with more than 1,000 stores, filed for bankruptcy Monday, a victim of changing consumer tastes and an unforgiving retail environment. The home furnishings chain filed for chapter 11 protection Monday in the U.S. Bankruptcy Court in Richmond, Va. #Chapter11 #Restructuring #Finance #Pier1Imports #canada #usa https://www.msn.com//pier-1-files-for-bankrup/ar-BB1067bc

#ItPaysToKnow - Dont struggle alone with credit card debt, find out how we can help you: free expert debt advice you can trust... but don't just take our word for it. - #debt #budget #debtfree #creditcard #finance

#FinancialFitness - Building positive credit history shows you can manage your financial responsibilities and will improve your borrowing power. Positive credit information remains on your credit report forever, while negative information drops off over time. The following suggestions will help you create a positive credit history: 1) Pay your bills on time . Most #lenders look at the most recent information on a report. Paying your bills on time will start creating a positiv...e credit history. 2) Maintain an accurate file , by providing complete, accurate and consistent identification on your credit applications. this will minimize the chance that your credit file will be mixed with another file. 3) Review your #creditreport annually for accuracy and before making a major purchase https://www.facebook.com/notes/canada-associates/what-is-a-credit-report-and-what-does-it-include/169087451196392/