DMP vs. Debt Settlement Companies

The Differences Between The DMP And Debt Settlement

The time of year doesn’t matter…”debt relief” ads are seemingly everywhere you turn. That’s why it’s important to know all the facts before making a major decision on how you choose to repay your debt. So this Flashback Friday post explains Debt Management Plans (DMP) vs. Debt Settlement Companies. Many people have never heard of…
Read More

How To Use Power Pay To Pay Off Your Debt Faster

It’s the Monday after Black Friday and Small Business Saturday. Did you end your weekend with no balances on your credit cards? If so, you’re probably in the minority. But if you did charge purchases and can’t pay them off right away, it’s a good idea to start thinking about your pay off strategy. Depending…
Read More

Just Say ‘No’ To Opening That Store Card

“Would you like to save 10% today by opening a [insert store name here] credit card?” While it may be tempting to open up a card to save money, read through the pros and cons below before taking that new credit card plunge. Pros Saves you money right now Opening up that card would save…
Read More

LSS Financial Counseling Celebrates 30 Years!

Since 1987, LSS Financial Counseling has been providing nonprofit budget, credit, and debt counseling. That means for 30 years LSS counselors have been helping individuals and families stabilize and improve their finances and conquer their debt. These are the services our counselors provide: Credit, Budget, and Debt Counseling During a financial counseling session, counselors create…
Read More

Should You Save Or Pay Debt First?

It’s easier to keep up on other bills when credit card debt is paid off. Not to mention you’re losing money by having to pay interest charges. So your gut instinct might be to focus on paying off debt first before saving for emergencies or for your retirement. However, it’s not always a simple decision…
Read More