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Yvonne Colbert takes a closer look at what consumers need to know about an un-licensed credit counselling service.
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Questionable Credit Counselling | CBC
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I would NEVER pay for the SCAM and hustle of mediation.
If both parties CAN settle on something, I wanna do it WITHOUT paying a total stranger to sit down and WATCH US negotiate. Who made these “all knowing” mediators God anyways? It’s another way to extort money. If we CAN’T settle then it’s EVEN MORE of a waste of money and time. I’ll do it IF the mother wants to pay for all of. Otherwise, send me a settlement offer and I’ll counter.
You know how women wanna take a guy with them when buying a car? That’s because women get fooled by a power suit and tie. They get mesmerized by someone with a law degree or in a position of authority. If you say, “Let’s settle on 50/50” and she says “screw off”…but then her lawyer or a mediator says you should settle on 50/50, then she’ll say, “sounds good” to the SAME offer. But, she doesn’t hear it coming from YOU cuz she hates you but respects that guy with a law degree titled “mediator” or “attorney”. They’re led by their emotional perception of reality. So, dads give in and FOLLOW HER emotional leading down the path of mediation. I call BS and say we CAN MEDIATE on our own or between me and your lawyer. If he’s a lawyer he doesn’t NEED a mediator’s help right? It’s all a scam.
#debtfreejourney #studentloandebt #creditcarddebt
We are on a debt free journey to pay off our student loan debt and credit card debt. Our total debt is $324,103, which is mostly student loan debt. I break down all of our debts, how much we’ve paid off this year, and our debt pay off goals for the rest of 2020. This is a soul crushing amount of debt to pay off, but for the first time we are determined and have a plan. Subscribe to follow along in future months!
Watch my other videos from this series here:
Retail Therapy and Infertility: https://youtu.be/c46pf54Z9rw
My Plan to Payoff $30,000 of credit card debt in 12 months: https://www.youtube.com/watch?v=4_nIzfeWU7o&t=561s
August Debt Payoff Update: https://www.youtube.com/watch?v=xJ4iKi1aj8E&t=370s
September Debt Payoff Update: https://youtu.be/PIB7-LUE3F4
Here is my SoFi affiliate link if you want lower your interest rate, pay down your debt faster with me and get a $300 CREDIT towards your loan: https://www.sofi.com/share/1333184
Thanks for watching!
xo,
Lo
**This video is not financial or legal advice. This is just me sharing my own experience with my debt and finances.
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Debt is money you’ve borrowed and must pay back later, and most people will have debt at some point in their lives. There’s also a difference between taking on good debt compared to bad debt. Borrowing money to pay for things you don’t need counts as bad debt.
In this video, we will look at debt in more detail.
Two mediation companies are offering 90 minute sessions for $600. It can usually cost more than $6,000 per session.
Hello! Welcome to April’s debt review. For those of you who are new, I make 8 payments a month towards my student loan, no matter how small those payments might be. They all add up at the end of the day and push the numbers in the right direction.
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How to compile and lodge a Debt Review Application befor ethe National Consumer Tribunal
When Courtney and Chad had beautiful twin girls, they weren’t ready for the not-so-beautiful reality of incurring double the costs to provide for their children, or the almost $70,000 in debt they would accumulate over Courtney’s maternity leave. Between Courtney’s penchant for adorable baby clothes and Chad’s smoking habit, and without an emergency fund to cover unexpected costs, their financial future is looking grim. It’s up to Gail Vaz-Oxlade to help these two to break their bad habits so the twins won’t have to grow up doing without. If Courtney and Chad are up for the challenge, they could earn up to $5,000 to put toward their family’s future. If they aren’t, their hopes and dreams for the twins could go up in smoke. –
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It is vital to know when help is needed if we find ourselves within a Debt Trap and how to Respond, Rebuild & Repay.
