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-Private grant foundations

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Bank Unclaimed Money

Unclaimed Money Search

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Auto Loan: Get free quotes and apply for a new or used auto loan or for auto refinancing.

Credit Card: Search for secured and unsecured credit card applications and apply online. Applications for all types of cards ranging from an instant approval bad credit card to no deposit cards, including platinum credit card rewards.

Credit Report: Free credit report help to fix credit report errors and improve credit score ratings. You are entitled to one free credit report annually.

Debt Counseling: Get your expenses under control with credit counseling, an unsecured debt consolidation loan, debt management or negotiate debt settlement.

Free Credit Offers: Get no obligation, free credit offers plus financial tips to help effectively manage your personal finances.

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Personal Loan: Submit a short or long term personal loan application (if available), or apply for other secured or unsecured loan offers.

Personal Finance: How to file bankruptcy plus free bankruptcy forms. Create a household personal budget, balance a checkbook register, track expenses and more.
 

 




Online Checking and Savings Accounts



Captial One 360 Savings: The basic savings account is probably the main attraction at Capital One 360. It's an account that pays a decent return with no minimums and no monthly fees. Rates change constantly, so you should check their website for up-to-the-minute rates, but you can expect to earn more than you'll earn at any big bank.

To fund the account, you'll need to link it to an existing checking account at your brick and mortar bank. When you open the account, you'll submit a check for initial funding, and Capital One will pull your banking information off of that check (your bank information is located at the bottom of your check). Once the link is established, you can transfer money back and forth between Capital One 360 and your brick-and-mortar bank electronically. However, be aware that you can only make 6 withdrawals per month from the account (the same is true for other savings accounts) – if you want to withdraw more often, consider using a checking account.

Capital One 360 Checking

* Ability to write checks (checks must be ordered from Capital One)
* Free ATM/debit card provided
* Free online bill pay
* Remote check deposit using a mobile device or scanner
* An overdraft line of credit (which you should try to avoid using, but is less expensive than other forms of overdraft protection)
* Free Person2Person Payments so you can pay friends and other individuals 

Savings Accounts for Children - Capital One 360 also offers a savings account for children called the Kids Savings Account. With no fees or minimums, that account allows you and a child to save money in that child's name. You (the adult) don't have to be a parent – you can manage an account for any child. The child will have unique login credentials, so they can see their own account, but not your accounts. Adults have control over deposits and withdrawals until the child turns 18 and the account is converted to a standard 360 Savings Account. The Kids Savings Account is a great way to teach children about money from a young age.



HSBC Online Savings Account is like a lot of other online savings accounts. The main attraction is the APY (Annual Percentage Yield). You can typically earn more than brick-and-mortar banks. Furthermore, there are no fees for the service or minimum balance requirements. You can literally open an account with $1.

With HSBC, you keep your existing checking account and link it to your HSBC OnlineSavings account. To move money back and forth, you login to your HSBC account and request a transfer (transfers are free on the HSBC side, however you should check with your bank to make sure they won't assess a charge).

The HSBC OnlineSavings Account gets you a decent rate, and they also send you an ATM card. This makes it easy to get cash fast, and you can keep your daily spending money in the account – not in a lower yielding checking account.

If you want to write checks with HSBC, you can link the account to a more traditional HSBC account. This will make transfers to your checking account faster than moving the money to a different institution. Even better use an HSBC checking account and zap the money back and forth quickly.

There may be fees for checking accounts, however HSBC will consider all of your balances (Mortgage, Credit Card, etc) together when they calculate how much you have with them. This makes it easy to have an interest-earning checking account with no monthly fees.

The Process

Opening an account is really fast and easy. You just fill in all your personal information and wait for HSBC to make some test deposits to your linked account. The process moves fast, and your initial deposit can end up earning the HSBC OnlineSavings Account interest rate within a week.

Service

I've found that the customer service at HSBC is pretty good. Of course this is unscientific and your results may vary. So far, I haven't encountered any long hold-times and the representatives have been knowledgeable and helpful.

Your HSBC OnlineSavings Account Review

Have you used the HSBC OnlineSavings Account? Well, what do you think about it? Share your experiences at the bank review page. 



Ally Bank offers savings, CDs, and checking products with competitive rates. Read and submit Ally Bank reviews on this page.

The main attraction at Ally Bank is the APY they pay on deposit products:

* Checking accounts
* Savings accounts
* Money market accounts
* Certificates of Deposit (CD)

Ally Bank will check your credit, even though you may not intend to borrow. They want to verify your identity and try to predict if you'll use your overdraft provisions responsibly.

Interest Checking

Ally Bank offers an interest checking account that allows you to earn money while keeping it liquid. The interest checking account does not have a limit on withdrawals from the account (but other accounts do).

Free checks from Ally Bank, and you can reorder basic checks at no cost. There is no minimum deposit, and no monthly fee. Online bill pay is free, and you'll get a debit card for ATM withdrawals and purchases.


  

Online applications for 100% free government grant assistance and loan programs.

                  

Personal Loans up to $35,000
    
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Official Government Loan Site - GovLoans.gov

For All U.S. Residents. FREE. Finding the right loan for you is easy at GovLoans.gov

GovLoans.gov is your gateway to government loan information. It directs you to the loan information that best meets your needs. Listed below are the agencies whose loan programs are represented on this site.



All discretionary grants offered by the 26 federal grant agencies can be found, plus you don't have to register with Grants.gov to find grant opportunities. However, once you are ready to apply for a grant, you will need to register. This registration approval process takes 3-5 business days.

Free Grant Opportunities Search

  • Search by keyword, Funding Opportunity Number (FON) or Catalog of Federal Domestic Assistance (CFDA) number.

  • Search by a variety of categories of funding activities.

  • Search from a list of agencies offering grant opportunities.

  • Search by more specific criteria such as: Funding Instrument Type, Eligibility or Sub-agency.

  • Search for Recovery Act Opportunities.

   

   

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Private & Government Grants

Unclaimed Assets & Gov Programs

Assistance Types

Federal Grants Catalog

Govt. Grant Application

Other Grant Foundations

Federal Student Assistance

Govt Food Assistance

Bank Unclaimed Money

Unclaimed Money Search

Federal Unclaimed Money

Unclaimed Pension Search

HUD Refunds

Medicaid

   

   

  

Types Of Federal Government Assistance

Catalog Programs are classified into 15 types of assistance

(A) Formula Grants
(172 Programs)

Allocations of money to States or their subdivisions in accordance with distribution formulas prescribed by law or administrative regulation, for activities of a continuing nature not confined to a specific project.

(B) Project Grants
(872 Programs)

The funding, for fixed or known periods, of specific projects. Project grants can include fellowships, scholarships, research grants, training grants, traineeships, experimental and demonstration grants, evaluation grants, planning grants, technical assistance grants, survey grants, and construction grants.

(C) Direct Payments for Specified Use
(133 Programs)

Financial assistance from the Federal government provided directly to individuals, private firms, and other private institutions to encourage or subsidize a particular activity by conditioning the receipt of the assistance on a particular performance by the recipient. This does not include solicited contracts for the procurement of goods and services for the Federal government.

(D) Direct Payments with Unrestricted Use
(37 Programs)

Financial assistance from the Federal government provided directly to beneficiaries who satisfy Federal eligibility requirements with no restrictions being imposed on the recipient as to how the money is spent. Included are payments under retirement, pension, and compensatory programs.

(E) Direct Loans
(45 Programs)

Financial assistance provided through the lending of Federal monies for a specific period of time, with a reasonable expectation of repayment. Such loans may or may not require the payment of interest.

(F) Guaranteed /Insured Loans
(64 Programs)

Programs in which the Federal government makes an arrangement to identify a lender against part or all of any defaults by those responsible for repayment of loans.

(G) Insurance
(12 Programs)

Financial assistance provided to assure reimbursement for losses sustained under specified conditions. Coverage may be provided directly by the Federal government or through private carriers and may or may not involve the payment of premiums.

(H) Sale, Exchange, or Donation of Property and Goods
(23 Programs)

Programs which provide for the sale, exchange, or donation of Federal real property, personal property, commodities, and other goods including land, buildings, equipment, food and drugs. This does not include the loan of, use of, or access to Federal facilities or property.

(I) Use of Property, Facilities, and Equipment
(17 Programs)

Programs which provide for the loan of, use of, or access to Federal facilities or property wherein the federally owned facilities or property do not remain in the possession of the recipient of the assistance.

(J) Provision of Specialized Services
(93 Programs)

Programs which provide Federal personnel directly to perform certain tasks for the benefit of communities or individuals. These services may be performed in conjunction with nonfederal personnel, but they involve more than consultation, advice, or counseling.

(K) Advisory Services and Counseling
(75 Programs)

Programs which provide Federal specialists to consult, advise, or counsel communities or individuals to include conferences, workshops, or personal contacts. This may involve the use of published information, but only in a secondary capacity.

(L) Dissemination of Technical Information
(91 Programs)

Programs which provide for the publication and distribution of information or data of a specialized or technical nature frequently through clearinghouses or libraries. This does not include conventional public information services designed for general public consumption.

(M) Training
(46 Programs)

Programs which provide instructional activities conducted directly by a Federal agency for individuals not employed by the Federal government.

(N) Investigation of Complaints
(38 Programs)

Federal administrative agency activities that are initiated in response to requests, either formal or informal, to examine or investigate claims of violations of Federal statutes, policies, or procedure. The origination of such claims must come from outside the Federal government.

(O) Federal Employment
(7 Programs)

Programs which reflect the Government wide responsibilities of the Office of Personnel Management in the recruitment and hiring of Federal civilian agency personnel.

Note: Numbers in parenthesis after the type of assistance indicate the number of programs listed in the Catalog having that type. Also, a program may have more than one type of assistance associated with it.

 

Government Grants - Catalog of Federal Domestic Assistance (CFDA)

  

CFDA currently tracks over $10 million federal dollars obligated to domestic assistance programs. The following chart displays projected and actual Recovery and non-Recovery federal dollars obligated.

 

Catalog of Federal Domestic Assistance (CFDA) provides a full listing of all Federal programs available to State and local governments (including the District of Columbia); federally-recognized Indian tribal governments; Territories (and possessions) of the United States; domestic public, quasi- public, and private profit and nonprofit organizations and institutions; specialized groups; and individuals.

 

You do not need an account to search the catalog and view Federal assistance programs.

 

FAQs

 

Where can I get help about CFDA? For questions about CFDA, you can contact the Federal Service Desk by clicking on the For Help: Federal Service Desk link on the bottom left of every page or by visiting the Federal Service Desk at (https://www.fsd.gov). Users may call the Federal Service Desk by dialing 1-866-606-8220 (national) or 1-334-206-7828 (international) from 8:00 a.m. to 8:00 p.m.

 

Do I need to register for an Agency User account to use the system? No. CFDA Agency User accounts are only for Federal government staff managing the CFDA program data. You do not need an account to search the CFDA catalog or to view Federal assistance programs. This information is freely available to any interested party. You can search by keyword, by agency, by program number as well as fine tune your search requests using the advanced search feature.

 

Why was my account request rejected? CFDA system accounts are only for Federal government staff managing the CFDA program data. If your account request was rejected, that means that the Agency Coordinator was unable to confirm your status as a government staff member. If you feel this decision is in error, let us know via the help@cfda.gov e-mail address.

 

Is there a User Manual? The public user manual is available on the homepage (www.cfda.gov) in PDF format. There is also a link to it at the bottom of every page.

 

Is there a way to electronically download program data? The CFDA established a public FTP site in order to promote sharing of program data, as well as to provide a means for related government systems to download data reliably and efficiently. The FTP site URL is ftp://ftp.cfda.gov and provides users with the ability to anonymously download program data in csv format. There are two available file options:

  1. Daily File: This file is updated nightly and will contain the following limited program data fields: Program Number, Program Title, and Agency. The file name will adhere to the following naming convention: "programsYYDDD" with the 2-digit year and 3-digit Julian day, e.g., programs09159.csv

  2. Weekly File: This file is updated weekly (Sunday night) and will contain ALL program data fields publicly available. The file name will adhere to the following naming convention: "programs-fullYYDDD" with the 2-digit year and 3-digit Julian day, e.g., programs-full09164.csv

How can I tell if a CFDA program contains Recovery Act funding? All CFDA programs that are funded in whole or in part by the American Recovery and Reinvestment Act of 2009 (the Recovery Act) have a "RECOVERY" icon embedded in their header information. This icon is visible in the [Search Recovery Programs] results and when you view the program description for a Recovery Act-funded program.

 

 

The Catalog of Federal Domestic Assistance is a government-wide compendium of Federal programs, projects, services, and activities that provide assistance or benefits to the American public. It contains financial and nonfinancial assistance programs administered by departments and establishments of the Federal government.

 

In 1984, Public Law 98-169 authorized the transfer of responsibilities of the Federal Program Information Act from the Office of Management and Budget to the General Services Administration (GSA). The transfer took place in July 1984. These responsibilities include the dissemination of Federal domestic assistance program information through the Catalog of Federal Domestic Assistance, pursuant to the Federal Program Information Act, Public Law 95-220, as amended by Public Law 98-169. GSA now maintains the Federal assistance information database from which program information is obtained. The Office of Management and Budget serves as an intermediary agent between the Federal agencies and GSA, thus providing oversight to the necessary collection of Federal domestic assistance program data.

 

As the basic reference source of Federal programs, the primary purpose of the Catalog is to assist users in identifying programs that meet specific objectives of the potential applicant, and to obtain general information on Federal assistance programs. In addition, the intent of the Catalog is to improve coordination and communication between the Federal government and State and local governments.

 

Programs selected for inclusion in the Federal assistance data base are defined as any function of a Federal agency that provides assistance or benefits for a State or States, territorial possession, county, city, other political subdivision, grouping, or instrumentality thereof; any domestic profit or nonprofit corporation, institution, or individual, other than an agency of the Federal government.

 

A "Federal domestic assistance program" may in practice be called a program, an activity, a service, a project, a process, or some other name, regardless of whether it is identified as a separate program by statute or regulation. It will be identified in terms of its legal authority, administering office, funding, purpose, benefits, and beneficiaries.

 

"Assistance" or "benefits" refers to the transfer of money, property, services, or anything of value, the principal purpose of which is to accomplish a public purpose of support or stimulation authorized by Federal statute. Assistance includes, but is not limited to grants, loans, loan guarantees, scholarships, mortgage loans, insurance, and other types of financial assistance, including cooperative agreements; property, technical assistance, counseling, statistical, and other expert information; and service activities of regulatory agencies. It does not include the provision of conventional public information services.

 

For years, GSA has published a printed version of the Catalog of Federal Domestic Assistance (CFDA or Catalog), as required by legislation dating to 1977 and 1983. That same legislation allowed GSA to distribute free copies of the printed Catalog to designated recipients. In fiscal year 2003, nearly 10,000 paper copies of the Catalog were distributed at no cost to the recipients.

 

Current legislation, however, authorizes GSA to determine in what form to prepare and publish the Catalog. Consistent with the Administration's Electronic-Government initiatives, the Government Paperwork Elimination Act, and a move to a paper free environment, GSA will now disseminate the Catalog electronically through the CFDA website on the Internet. As a result, effective immediately, GSA will no longer print and distribute free copies of the Catalog.

 

The Internet and GSA’s free CFDA website at http://www.cfda.gov will be the primary means of disseminating the Catalog. The CFDA website will also contain a PDF file version of the Catalog that, when printed by any user, will have the same layout as the printed document that the Government Printing Office (GPO) has provided.

 

GPO will continue printing and selling the CFDA to interested buyers. For information about purchasing the Catalog of Federal Domestic Assistance from GPO, call the Superintendent of Documents at 202-512-1800 or toll free at 866-512-1800, or you may reach GPO's on-line bookstore at http://bookstore.gpo.gov.

  

Search for grants for unemployed people.

  


Debt

  

When debts are charged off or rather written off by a creditor, the borrower may get a notice from the creditor when it is done. The charge off could be considered income and may need to be claimed on a tax return. If so, the debt is legally dead and taxes were paid on the income. Be aware that there is a statute of limitation in all states, it is important to know what it is before trying to arrange to pay off a debt. Collectors have a certain time period to collect on a debt. When a debt is older than the statute of limitations, make that clear to bill collectors.

  

Debts may not be on credit reports after seven years, if it has not been paid during that time. How an account has been reported can make a difference between ruining credit or having no affect on reports. The time a late payment can remain on reports has nothing to do with the statute of limitations. People can be sued for a debt even though it is not on a credit report, and the statue limitations is still in effect. Once the statue is out of date, the debt is not collectable. 

  

When people are not successful at getting out of debt by themselves, they often seek a credit counseling service. Debt settlement programs advertise they can help decrease debt up to fifty percent. This could be possible when accounts are closed and a payment plan is developed. Some people are able to get a debt settlement loan to pay the reduced payoff. Debts that are delinquent can cause a creditor to take legal action, and they may win a judgment. When this happens, part of a person's income could be garnished or property could be seized. When a huge amount of debt is owed, the chances of this happening can increase.

  

Just because there are a lot of debts, does not mean a person should automatically jump into filing bankruptcy. Sometimes people are so stressed they jump to this option. They may not want to risk garnishment of wages or seizure of their property. This is not a possibility without having court take place first. Bankruptcy is one choice that should be used when there are no other alternatives.

The creditor who settles for a lesser amount of money, may mail a 1099 tax form to the borrower, so it can reported as income on their tax return. Yet, if a person owed $50,000 and the creditor settled for $25,000 that may be worth getting a 1099.




Review Disclaimer: Review information was gleaned from the website, and is neither an endorsement by us nor an confirmation of content nor a warranty of any promises made by the website. Use the review information at your sole discretion and sole liability.
 

GrantsMoneyInformation.com Review - Copyright © 2011 www.grantsmoneyinformation.com. Read Our Terms and Conditions. All Rights Reserved

Are you Searching for a Individual Government Grant, Now See who has received free grant money from the government and how much they got.

Grant Money Tips: Not enough people are informed it, but the US Government hands out many billions of dollars per infinity control the form of discharge grants. It is a common misconception that only burly corporations further companies benefit from these government government handouts, but this isn't true at all.

The truth is, many people, regardless of payoff or status, can apply for, besides get government grant money. sincere doesn't source whether you are rich, poor, or in conclusion grease between, adept is money available from the government for you to use. There is a big asymmetry of programs also funds available to you; you just conceive to qualify and use for them.In fairness, the government isn't great at telling people exactly how to rack up their hands on a government grant. They are not very good at getting the word out about these grants either. This isn't a conspiracy by any point; it's just a ruling of the government in that a burly bureaucracy.

For anyone crave to get government grant money, the foremost thing they should watch out for is the risk of being scammed.Actual application forms in that all government grants are unshackle. Therefore, your alarm bells should ring if component company or individual tells you that you have to bankroll for these application forms.

As mentioned previously, the U.S. government is a bureaucracy. This will become evident when you header to carry off government accede important. Don't expect a particularly quick response, as the process for submitting a grant, having it reviewed, then accepted or rejected onus take some time. While this obligation be frustrating for the applicant, a successful application will break ground it benediction all the time and effort expended. This is another good reason to utilize for as many grants simultaneously, that you qualify owing to. That way, you will opine the best chance of getting some grant money.


GovernmentGrantsPro.com Review - © Copyrights 2010 GovernmentGrantsPro.com

Personal government grants are given as free money, they do not even care if your credit record looks poor, you might still get the grant. In fact people who appeal to this sort of financing, are those who do not have credit lines or are deep into debts they can not sort it out. Apart from this, you should know that this kind of help is not repay-able, meaning that it has nothing to do with the conditions of a loan. The most important and main factor is that you need to be American citizen.

The personal government grants of this sort are the financial aids that families with low income are entitled to apply for. Along with them there are the senior citizens as well who can benefit from this government grant. Government will always save money separately for these sorts of purposes, but to get these free money you should comply with the requirements that will decide whether or not you qualify for the personal government grant. When you consider applying for this kind of grant, you should know that these ones are given for the personal needs such as repairing the house, shifting from one place to another base of home, paying as well the utility bills, and the medication bills, these ones being mostly offered to the senior citizens. You should know that the provision of money allocated for this purpose is around 93 billion dollars. 

As the name implies personal grants help us finance our personal expenses. This is a very broad grant category where the grant amounts can be very high. These programs were invented to help you pay off expenses related to your everyday needs.

The personal grants category covers many different needs including, but not limited to: senior needs, children needs, women assistance, medical needs, transportation assistance, disability needs, debt assistance needs, and life related needs. It is not uncommon to receive help with paying off mortgages and other bills.

As you can see these personal grants span many different levels of living expenses. These programs work at individual level only, and therefore there are requirements and conditions people must meet in order to apply. For example, senior assistance is given to those citizens who can qualify for a personal grants dedicated to Americans over the age of 65. Every personal grant will have to have a reason for disbursement and you can not just apply because you need money. The good news is that not only applications who are in financial need will receive grants. Very often you do not have to be considered a low income applicant in order to be eligible for personal grants.

www.GovernmentGrantsPro.com
Government Grants Pro
244 5th Ave Suite W288
New York, NY 10001
Phone: +1.646.289.1061

 

Which bill should I pay first? If you can pay some bills but not all, set priorities. After paying for secured loans and basic essentials, pay those bills that: * maintain vital services (for example, utility, phone, transportation, insurance) * have the highest interest rate * cost the most to delay (for example, bills that carry late penalties or may lead to repossession or disconnect/reconnect charges) * may be collected vigorously. Be wary of quick, short-term, high-interest loans. If you miss just one payment, you could become saddled with long-term, high-interest debt payments that seem to never end. An example of this type of debt would be paying off a $500 loan by making 22 monthly payments of $68, which will cost $1,453 (with $953 spent on interest, the interest rate is about 150 percent). Bankruptcy is not a good option. Financial institutions are also affected by the economy, and as the funds they have available for loans become more restricted, a good credit report for those wanting to borrow money becomes more essential. A bankruptcy will lower your credit rating for years, making it more difficult for you to buy essentials like a home or a car. Consumer credit counselors offer free financial counseling and can intervene to help you avoid bankruptcy. They will negotiate with your creditors to develop a workable plan for paying off your debts.



Review Disclaimer: Review information was gleaned from the website, and is neither an endorsement by us nor an confirmation of content nor a warranty of any promises made by the website. Use the review information at your sole discretion and sole liability.
 
PayAsYouSettle.com Review - Copyright © 2006-2010. All Rights Reserved. Pay As You Settle®.

Pay As You Settle® (PAYS®) is a debt settlement program founded by Prestige Financial Solutions which is designed with the best interests of the client in mind. Unlike some programs with large up-front fees, we never charge until we have done what we promised and settled your debt.

New FTC regulations demand that debt settlement companies stop charging fees to their clients prior to delivering services. We agree with the FTC that this is the only ethical way of offering debt settlement services and protecting the consumer’s interest -in fact, we have been conducting business using a consumer-friendly model that complies with all these new regulations for four years.

We are the first debt-settlement company in the industry to help consumers with such a client-friendly debt-settlement program. As a result, while other companies are struggling to create and implement fee-for-performance models such as ours, we have the advantage of years of experience using our existing FTC-compliant system.

The Prestige Financial Solutions PAYS debt settlement program encourages clients to complete the program, eliminates the consumer’s financial risk, and provides outstanding customer service. That is why PAYS is the best debt-settlement program in the industry. 

How it works:Essentially, the debt settlement company negotiates on the borrowers’ behalf with creditors to reduce the overall debts in exchange for an agreement upon regular payments to be made. Only unsecured debts, such as medical bills and credit card debts can be handled, not student loans, auto financing or mortgages. For the debtor, this makes obvious sense - they avoid the stigma and intrusive court-mandated controls of bankruptcy while still lowering, sometimes by more than 50%, their debt balances. Whereas, for the creditor, they regain trust that the borrower intends to pay back what he can of the loans and not file bankruptcy (in which case, the creditor risks losing all monies owed).

There are obvious drawbacks - credit reports will show evidence of debt settlements and the associated FICO scores will be lowered as a result. However, if a “paid in full” letter is obtained from the creditor, the debtor’s credit report should show no sign of a debt settlement. There’s always the possibility of lawsuit whenever debts lay unpaid. Though few creditors wish to push borrowers toward bankruptcy - and the potential of governmental protection against all debts. In addition, the specific debts of the borrowers themselves affect the success of negotiations. Tax liens and domestic judgments, for reasons that should be clear, remain unaffected by attempts at settlement. Student loans, even those not federally subsidized, have been granted special powers by recent legislation to attach bank accounts without possibility of Chapter 7 bankruptcy protection. Also, some individual creditors, including Discover Card, for example, tend to have an aggressive resistance against negotiations.

Debt Settlement Companies: In order to work with a debt settlement company, a consumer needs lump sum cash (best scenario), or build up enough funds over pre-determined period of time. Once enough funds are built up the negotiation process can begin with each creditor individually. Accounts can be held by credit card companies or may be sold to collections agency for an average of a few cents. In which case debt can still be negotiated. The debt settlement company negotiates with the credit card companies for a percentage of the existing balances. The debt settlement companies typically have built up a relationship during their normal business practices with the credit card companies and can come to a settlement agreement quicker and at a more favorable rate than a debtor acting on their own. Once the consumer pays the agreed upon amount, some debt settlement companies take a percentage of the savings of the forgiven debt as the fee. With the current economic crisis, more and more credit card companies may be willing to settle existing credit card debts rather than add to their already large written off bad debt.

Because many debt settlement companies are for-profit and their employees are paid based on commissions, many frequently don’t even contact the debtor until the account has charged-off. In many states this practice is considered unethical.

Debt Negotiation Companies: Also a type of debt settlement firm, they offer a consumer a different way to get out of debt. These companies work with consumers who have no cash to make settlement offers with the credit card companies. Debt Negotiation companies set up “trust” for you - though they are not always a licensed bank. They collect a monthly fee to maintain the account, with the idea being that you are saving enough money to settle the accounts at a future date. A portion of the monthly payment towards the “savings account”, while a part of the payment is taken as a fee for the debt negotiation company. Unlike consumer credit counseling services, they do not pay your creditors each month, they put money into your “trust”. A legitimate company will use an FDIC insured bank for the trust account and give you access to it online 24 hours per day. They should also provide you with access to the negotiation correspondence with the credit companies.

The drop out rate of consumers from debt negotiation companies is high. [4] The debt negotiation companies do not handle calls from the credit card companies, nor the collection agencies. Credit card accounts typically go into collection after they are charged off, typically 180 days after the last payment on the account. The length of the program is often 3-5 years, and many consumers cannot keep up the payments for this period of time. Often, consumers wind up being sued or even more deeply in debt with added interest and fees piling up. This can be avoided by using companies with good standings and practices that protect consumers from these procedures.

Debt Settlement Choices: Debt settlement is a legitimate way to reduce debt and be on your way to financial freedom. Traditionally, there have only been two choices for debt settlement solutions, (1) a traditional debt settlement company model or (2) the law firm model. With the Pay As You Settle® (PAYS®) debt settlement program, consumers gain another choice - a better choice. With PAYS, we do not require the upfront fees of the traditional debt settlement company or give the consumer a false impression that attorneys are working on their case. We work directly, and 100% for you. And you only pay for our services after your debts are settled.

We continually develop and maintain relationships with creditors throughout the country. Creditors are always looking to avoid the ineffective and costly efforts of an outside collection company. They know that working with us will generally yield better results for them in the long run. Creditors are typically willing to negotiate favorable settlement offers with us, on our client’s behalf, because of these longstanding professionally cooperative relationships.

Pay As You Settle®
5005 W 81st Pl. Suite 401
Westmister, CO 80031

1-800-441-7297

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Free IRS tax return filing assistance and updates for EITC Earned Income Credit and ObamaCare Affordable Care Act.
Credit card hardship programs for people who need financial assistance with their credit card debt.
Catalog of Federal Domestic Assistance (CFDA) provides a full listing of all Federal programs available to State and local governments (including the District of Columbia); federally-recognized Indian tribal governments; Territories (and possessions) of the United States; domestic public, quasi- public, and private profit and nonprofit organizations and institutions; specialized groups; and individuals.
Government Home Owner Assistance - Struggling Home Owners Could Benefit from FHA and HAMP Plan
The threat that you may become a victim of identity theft is ever-growing as Americans struggle to make ends meet, and as criminals seek ways to acquire money. When crooks cannot steal new cars, TVs, jewelry and other valuables because people are broke, they set their sights on their credit. Free tips for ID theft protection, how to report ID theft and how to get assistance to recover.
Free Tax Assistance for Seniors and Low Income and Tax Debt Help.
FAQs, tips and advice about Direct Student Loan Consolidation. Read before applying for debt assistance.
How to file disability. You can apply online or call a toll free number to file for government free money and assistance.
With fuel prices high, everyone can use some financial assistance. Gas credit card rewards can offer some relief via cash back.

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