Voluntary Surrender of a vehicle
Voluntary Surrender of a vehicle In this week’s blog, Consumer Debt Support (CDS) takes a look into how and when a consumer can surrender a vehicle to the bank or his collection agent. One needs to understand the ramifications and impact of a voluntary surrender or summary default judgement and what it could mean to […]
Debt Reconciliation
Debt Reconciliation: In this week’s blog, Consumer Debt Support (CDS) look into debt reconciliation. We can also name it debt elimination, another way to assess and eliminate excessive debt by refinancing credit card and other unsecured debt into one manageable and affordable account. Consumers are finding it difficult to make decisions whether to apply for a […]
Plan your safety net in a recession
Plan your safety net in a recession In this week’s blog, we would like to take a look into the latest concerning issue: the feared recession and the effect on ordinary people, their families and money matters. How can one survive the recession and what can be done to survive the real fears and effects […]
What do you know about pawning your car for a loan
In this week’s blog, Consumer Debt Support (CDS) would like to take a deeper in-depth look into the growing market of consumers pledging (pawning vehicles as collateral) their vehicles for loans. What are the National Consumer Regulator’s (NCR) views on this type of loan agreement and is this business practice legal? We would like to […]
Finding balance between lending and spending
In today’s blog, we discuss balance in healthy lending versus spending. Let us start with the credit report which is a vital part when you are over 18 and seen as an adult who may have access to credit. When a credit report has a bad scoring or low scoring, either way it can have […]