There is no such thing as a grant to pay off debts for individuals.

A debt settlement does impact your credit score in big way and choosing between a charge-off or settlement is not the best option. And for the record, a charge-off doesn’t mean the debt goes away either. It just means the lender has moved it to the bad debt column rather than an asset. Technically, you can get a double whammy on your credit report if a debt gets charged-off, then you do a debt settlement.

Buckle down and do all that you can to pay off your debts. If there was an easy way out with no consequences, everyone would do it and the lenders would go out of business lending out money that never gets paid back.

The settlement of unpaid debts are always a good thing, however I am unaware of a Credit Card debt grant being available to individuals at this time.

in most cases the only way to pay off your debt is to pay it off or you can settle you debt for more than half of what you owe it depends of how long you have had the debt and when was the last payment i went through this company and my credit score went up 60points so far using the credit trx program i hope this will help you to Good Luck!

The government is NOT in the business of giving away free money for the sake of giving away money. There are no grants for paying bills, no grants for paying off credit cards, no grants for getting out of debt and no grants for simply fattening your wallet.

Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.

For one, you have to write the grant application and the grant application is not a simple document – you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.

There is a stringent review process through a committee. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.

You can go to the Catalog of Federal Domestic Assistance (CFDA) and Grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.

Even if you buy books on “how to get grants” or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently.

Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

There are no grants for personal debt.

Unless you are a major bank or automaker, there are no grants available to help you pay off your debts. You have to pay back what you owe.

try capital one personal loans you don’t need any up front money, no fees nothing, you just apply.
your credit history will depend on if you get the loan of course.

Hi there, here’s what gets me best answer quite often on credit cards questions:
and here
if it helps please remember me
good luck!

I’m looking at it this way: you’re 26 years old, you have a house (how much was your down payment? I hope you don’t have an ARM), you have a job (albeit not a great one from your post), and you have a 401K. The market isn’t great right now and selling your house might hurt you more in the long run, especially because it’s not unheard of for houses to sit on the market for 6 months or more right now. A second job is a necessity as is cutting out anything and everything that is not a necessity, cable, date nights, drinking nights, extra clothing, etc etc. It’s not unheard of for a 26 year old (or a 30 year old) to not have a 401K at this moment, or to have a scrawny one. While not the wisest move, if it’s the difference between bankruptcy and not, I would say to go for it, but then to make sure you make wise decisions in the future. Bankruptcy will affect you more in 30 years than money in your 401K will.

You mention savings, how much do you have? Would it help with your credit card debt?

Some folks are wrong. It used to drop your score, but the latest article on MSN said it won’t. They are learning people in this program have a better shot at paying their bills. But it is true, while in the program you cannot get a mortgage.

The standard goes like this. If you can afford your payments, you do not need a program. The programs are for those falling behind and accruing outrageous fees.

With a 704, you can easily get a 0% card. Transferr and use 0% for a year. And again until it is done. Getting a new card once a year will not hurt your credit significantly.