Delaying payment to creditors

Delaying Payment To Your Creditors During Debt Settlement

When you begin a debt settlement journey, you may be surprised to discover that an essential part of the program involves delaying payment to your creditors. Instead of making monthly payments on each of your enrolled debts, you make one monthly deposit into a Dedicated Account that will be used to pay your debt settlements throughout the program. 

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Andrew Schwan, Director of Sales at Accredited Debt Relief

Behind the Scenes With a Certified Debt Specialist

Accredited Debt Relief offers free consultations to those struggling with debt across the U.S., but what’s that first phone call experience really like? We interviewed Director of Sales and former Certified Debt Specialist Andrew Schwan about client phone calls, common questions and concerns, debt advice and his experiences at Accredited Debt Relief.

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Almost Debt Free Holiday Planning

Planning An Almost Debt-Free Holiday Season

Decorating your home, buying gifts and making elaborate holiday meals are just a few of the things that make the holiday season so special year after year. Holiday fun is a great escape from the doldrums of everyday life, but all that fun and diversion can get pricey. Instead of spending on the holidays and worrying about the debt later, we recommend following some planning guidelines. Your holiday season doesn’t have to be totally debt-free, but these tips will help you spend what you can afford to pay back.

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8 Reasons Not To File Bankruptcy

Should I File for Bankruptcy? 8 Reasons Not To

Filing for bankruptcy is an important decision that is usually made under stressful circumstances. If you are overwhelmed by your debt, default is a legal process that could relieve you of your financial burdens. In the short term, filing for bankruptcy could stop a foreclosure or car repossession, protect your wages from garnishment, or keep your utilities from being turned off.

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Store Credit Card Sign Up Discount

Should You Open a Store Credit Card Just to Get a Discount?

If you’ve ever been shopping at a major retailer, you’ve probably had a cashier offer to sign you up for a store credit card with the promise of saving you money on your purchase. These offers are hard to miss because most stores are trying to meet a quota of new credit card sign-ups, and cashiers are required to offer them to you. Some of the sign-up discounts can be pretty appealing, as can the regular rewards, but should you sign up for a store card just to get a discount? 

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Gen Z Credit Card Use

A New Generation of Credit Card Debt: Gen Z and Credit Card Use

As Gen Z-ers enter their twenties there has been a dramatic increase in their credit card use. At 31.4 million strong, credit-eligible Gen Z-ers make up 40% of all consumers in the United States. This influx of new spenders has reinvigorated the credit card industry after the lull it experienced when millennials were coming of age during the 2008 recession. 

Why is this new generation so eager to use credit cards and will they learn from struggles of their parents and millennial counterparts?

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Unemployment Benefits and Taxes

Unemployment Benefits Are Taxable: What You Need to Know

Between February and March of 2020, the number of Americans who filed for unemployment benefits rose from 6.5 percent to an unprecedented 14.7 percent. This is an all-time high for the nation, and although unemployment rates have started to come down, everyone who received benefits will have to take them into account when they file their taxes. That means that more than 60 million Americans will report unemployment insurance benefits as income on their 2020 tax return.

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