Debt is a four letter word that almost every person has had to deal with since the beginning of written time and history. Debt was talked about in the bible, by Shakespeare, and by tens of thousands of other authors since. The posts found in this category have to deal with either my personal relationship with debt, or the idea in general.
An informal agreement is an agreement a debtor makes with his or her creditor, without having to endure the legally binding process that impacts their credit score. Often, a debt counsellor will negotiate these terms to find a mutually beneficial agreement, but a debtor may also find he or she wants to contact the debtors and negotiate on his or her own behalf. If you’re thinking about refining your debt repayments and getting back on track, consider an informal debt agreement as the best possible option for both parties. We’re going to discuss more about informal debt agreements and how they can [...]