Welcome to Debt and Credit Resources at moneyanswers.com. One of the most trying times of people's lives is when they are faced with debt that they cannot manage or having insufficient credit to buy the things they need. Jordan lays out a lot of great resources in this section to help you find the relief you need to get back on track. If you can't find the answers you seek to your debt & credit questions here, please send Jordan your question by going to the contact page and sending a detailed question.
Jordan Goodman explains how to consolidate numerous credit cards and other unsecured debt into one payment at a lower interest rate. This enables you to pay off your debts years sooner than would otherwise be possible using a reputable non-profit credit counseling organization.
Resource: Cambridge Credit Counseling
View credit card ratings and compare offers. GuideToCreditCard experts compare the best cards for any credit score; rewards, low APR, transfer, student and business cards.
Resource: Finding the Best Credit Card
You may not realize that you can refinance your outstanding federal and private student loans into a new loan at a much lower rate than you are paying now. To find out what terms are available, contact Credible at 855-870-6005 or go to www.credible.com/moneyanswers. In 90 seconds, you can receive personalized quotes for interest rates from up to 7 vetted lenders without affecting your credit score or sharing any personal information with lenders. Once you have found a deal that appeals to you, you proceed with the loan application and give your personal information to apply for the loan. If you identify that you found out about Credible from MoneyAnswers.com, you can save $200 off your first loan payment. By consolidating many federal and private loans at higher interest rates into one new loan at a lower rate, you can make your life easier and pay your student loans off much faster and save thousands of dollars in needless interest expense.
If you have a car payment that is more than you can afford and you may be in danger of defaulting on your car loan and losing the car to repossession, you should look into refinancing your car loan to a lower payment and interest rate. At the website link listed below, you enter the numbers for your existing car loan such as your current interest rate, the amount of the loan balance remaining, and the number of months remaining, your monthly payment and the range of your credit score. Then the site will give you various options to change the maturity of the loan to reduce the monthly payment to a more affordable level. Once you have picked a monthly payment you can afford, you submit your application which goes to several credit unions who compete for your loan. You complete the entire car refinancing process online.
Resource: My Loan Gen
Corporate Lending Solutions powered by Corporate Capital Direct (CCD) has experience and history with clients that simplifies the lending process.
- Experienced lenders effortlessly manage the process, asking the right questions to fully understand client business and cash requirements. Funding should be available within days, avoiding delays when capital needs are critical.
- Decisions are focused less on a business owner’s credit score and more on the health of their business. CCD requires minimal documentation, usually just four months of bank statements and a short, one page application. No lengthy business plans, projections or other cumbersome documentation.
Obtaining a business loan can be challenging enough. Business lending shouldn’t be stressful. That is what you will experience in working with Corporate Lending Solutions powered by Corporate Capital Direct.
Jordan Goodman explains how to settle burdensome medical debt for pennies on the dollar.
Resource: HealthCare Advocates
Jordan Goodman explains how to consolidate several student loans into one at more favorable interest rates and terms.
Resource: The Student Loan Help Center
Jordan Goodman explains how you can settle your student loan debt for pennies on the dollar.
Resource: Student Loan Help Today
You should be concerned about the accuracy of your bank’s calculations for your student loan payments. A student loan audit will determine if you are being overcharged and if you are, help you get a receive a refund. The audit will verify the accuracy of your lender’s calculation of interest charges, monthly payments and loan balances. Reports find that overcharges of interest and payment calculations occur in up to 40% of student loans. The Student Loan Exact™ audit verifies the accuracy of lender calculations and will uncover any overcharges or other miscalculations for all types of student loans. Student loans can be especially complicated due to numerous factors such as missed payments, late payments, deferment or forbearance or other criteria which can result in miscalculations. You will receive a personalized, comprehensive audit report which tell you if there are any mistakes or overcharges by the lender.
Learn about student loan audits at www.verifymystudentloan.com
or by calling 800-888-6781
Jordan on Fox News discussing the deficit and how you can pay off your mortgage in 5 to 7 years instead of 30 years by using a strategy called Mortgage Equity Optimization. You can find out more about it by clicking here.
Jordan discusses low mortgage rates & higher bank fees on the View. Find out more about Mortgages and Mortgage Equity Optimization and how to save on credit card fees.