Chuck N asked:


I am waist deep in a bunch of small debts that total around $5,000 not counting $33,000 in student loans. Most of the debts have moved on to debt collection from other company’s but i have tried and been able to make payments to the original creditors. I am just wondering if paying the original creditors rather than the debt collectors would better reflect on my credit.

shwoop asked:


I’m trying to pay off all my debt and dig myself out of this hole I’ve created. I heard somewhere that if you offer creditors a certain percent of what you owe them they will take it. Is this true? And if so, how much?

mixed & beautiful asked:


I owe about 2 grand of debt to different debt collectors. I work and attend college like most young adults my age, but does not make a lot of money every 2 weeks. I really want to get rid of my debt but does not know the best way how. What should I do?

A Phi Football Fan asked:

I have racked up about $10,000 in credit card debt stemming from college and medical expenses. What is my best option as I am still a student and working with a very limited budget? Are there hidden catches to debt consolidation companies; if so what?
What is the best way to negotiate with creditors to lower the debt?