debt consolidation hawaii

Hawaii debt consolidation and settlement make your life stress-free

If you find yourself having trouble managing your debts in Hawaii, the first step you should take is contact your creditors and ask for an alternative repayment plan that's convenient for you. Some creditors may agree to work with you, others won't. This is when you need to get professional help to pay your bills. There are several Hawaii debt consolidation/settlement companies willing to offer programs that will give you relief from debt so that you can relax and lead a stress-free life.

Hawaii debt consolidation program and its benefits

This is a program that helps you combine multiple bills into one debt at a low interest rate. You enroll with a consolidation company that negotiates with your creditors so that they cut interest rates charged on your credit cards, medical bills, etc. You make one low monthly payment to the Hawaii consolidation company that distributes it to your creditors. Check out the 6 steps of a consolidation program in detail.

The benefits of Hawaii consolidation program are:

• You make one convenient monthly payment instead of many.
• It's easy to track your monthly payments when you deal with one company.
• Your creditors will not take legal action because you're paying on the debt.

For further details, refer to the 8 benefits of consolidation.

Hawaii debt consolidation loan and its benefits

This is an unsecured personal loan you can use to pay off all your unsecured bills quickly and avoid filing bankruptcy. But you need to make sure that you get an interest rate that's lower than your current rates. Moreover, you should stop using your credit card (cc) bills and refrain from taking out new loans until you get your finances back in order.

Hawaii debt settlement programs - Pros and Cons

If you have high interest credit cards and you're having problems making the minimum payments, it's time you negotiate a settlement with your creditors. If you're skeptical whether you'll be able to work out a settlement on your own, try getting help from a Hawaii debt settlement company.

The representatives at the Hawaii debt settlement company will ask you to send your monthly payments to the company. Once you've saved up a certain amount of money, the Hawaii debt settlement company will attempt to negotiate with your creditors to accept a lower principal amount. Use the debt settlement calculator and get an estimate of how much your balance can be reduced.

What are the other ways to tackle debt in Hawaii?

Apart from Hawaii debt settlement or consolidation, you have other options such as credit counseling and debt management (DMP) which can help you manage your bills efficiently. Here's a brief idea of how each option works:

Credit counseling: This is where you contact a credit counselor and get help with budgeting and other tips to help you manage your bills on your own.

Debt management plan (DMP): If the counselor finds that you need more help, they may recommend a DMP. Under this plan, a counselor works out payment arrangements with your creditors. You make one monthly payment to the counselor who then distributes it amongst your creditors.

Which is the most suitable debt relief option?

Since your financial situation is unique, the option you choose to pay your bills on time should be one that fits your needs. So, what you need to do is calculate the total amount you owe and figure out the types of accounts you have. Then compare the ways to repay your bills and weigh the pros and cons of choosing Hawaii debt consolidation, settlement, or DMP. Only then you'll be able to understand which option will benefit you the most.

FAQ on Hawaii debt consolidation and settlement

Q) I live in Hawaii and have cc bills worth $120,000. I'm late on a number of payments on some of these cards. Can the credit card company take away my car?
Ans: The credit card companies will not be able to repossess your car unless you have paid off the loan you took out to buy the car and they get a judgment lien put on your car. If you choose to use the Federal exemptions in Hawaii, you will be able to keep any equity in your car up to $2,575. To avoid getting a judgment lien on your car, contact a Hawaii debt consolidation company or a Hawaii debt settlement company for a free consultation.

Q) I have 11 pdls and cannot keep up with the payments and fees. My husband isn't aware of these loans and wonders where my money goes. I'm having a tough time managing the household expenses. I've just applied for 3 more loans to tackle the situation. Please help!!
Ans: Taking out additional loans will not solve your problems. You should first check with Hawaii's Department of Commerce & Consumer Affairs Division of Financial Institutions to make sure any internet payday loans you have taken out are legal. If the lender is not licensed to do business in your state, you only owe the principal. However, if you find that the loans are legal, then you can consult a Hawaii consolidation company and let them negotiate lower interest rates with your creditors.

Q) 3 years ago I received a judgment on cc account and recently a lien was placed on my property. Is it legal for a cc company to place a lien on my home for unpaid cc accounts? Currently I have medical bills and 4 credit cards to be paid off and I don't think I can pay off the entire amount I owe. What should I do?
Ans: Any unsecured debtor can sue you for an unpaid debt, and if they win, they can get a judgment lien placed on your property. A Hawaii debt consolidation program or a Hawaii debt settlement program will not help you get rid of your judgment lien, but it will help you manage your other bills so you can pay off the lien and get it released.

Recent active community discussions in Hawaii

• Are Internet payday loans legal in Hawaii? by Guest on 08 Jul, 2010
  Hi everyone, Are payday loans from the Internet legal for residents of Hawaii? I checked all over and it seems they are unregulated in Hawaii. Then I called the Hawaii department of banking and the rep said payday lending is unregulated. So does ...
• help me by KALO28 on 07 Oct, 2009
  can someone tell me if these companies are legal pay day loan lenders in hawaii. Cashtransfer center, ez cash media, ace cash services, cash advance, kenwood services. united cash loans pay check today. let me know...
• Unable to pay Internet Payday Loans by lauramay.gaoiran on 04 Nov, 2008
  I've never been unable to pay my loans but realized that I won't be able to make any of my 3 payday loans coming up. What should I do? I've provided the following information in regards to who I owe and how much. I live i n the State of Hawaii.... Pa...
• LVNV Funding - help! by sching55 on 15 Sep, 2008
  Hi, I am in Hawaii and recently an employee of mine received a garnishment from LVNV funding. She is from micronesia and doesn't understand the legal system. She went to court and just signed off on a debt and didn't know what she was doing until t...
• Debt exemption in Hawaii by boldotousan-d1 on 28 Jul, 2008
  I live in Hawaii. I have credit card debt $30,000. Some of monthly payment for these credit cards are extremely delayed. I have a car secured by automobile loan company. Remaining loan amount is $15,000, but the actual market value of the car $12...

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university of hawaii online courses

The Department of ICS is committed to expanding access to the University through distance learning. We are focusing on Asynchronous Learning Network (ALN) media for learning. Asynchronous classes have no class meetings. Students learn the material "anytime, anywhere" by reading books, handouts, or Web pages and interacting with other students and the instructor via electronic media. This work will enable us to serve a greater range of students who cannot attend campus-based classes, whether due to scheduling conflicts such as job or childcare responsibilities, or because they are residents of neighbor islands or living outside of Hawai`i.

Currently one can take both undergraduate and graduate courses via ALN:

• We are offering our M.S. degree in ICS entirely online.
• We are offering many of our undergraduate courses online. A cohort sequence of ALN courses starting with ICS 111 begins in the Fall of 2001. Note that the undergraduate degrees require many non-ICS courses that are not currently available online.

Admissions and graduation requirements are identical to those for our regular programs: see the B.A. and M.S.program descriptions as well as general information on the undergraduate programs for further information.

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hawaii auto insurance

Motor Vehicle Insurance Information

Having motor vehicle insurance is essential to owning a motor vehicle in Hawaii. Hawaii State law requires that your vehicle be insured throughout the motor vehicle registration period and that you have a valid Hawaii motor vehicle insurance identification card in you motor vehicle at all times. You can be ticketed and fined if you operate a vehicle without the required motor vehicle identification card.

If you don't have insurance on your motor vehicle, you must surrender the registration certificate and license plates to the county director of finance. And when you do that, you will not be able to drive the vehicle.

Hawaii is a considered a "no-fault state", which means your motor vehicle insurance company will pay the bills for your injuries and your passengers' injuries up to the personal injury protection benefits ("PIP") limit. And you cannot sue or be sued unless there are serious injuries. Because "no-fault" applies to injuries, not to vehicles or property, the driver-at-fault in an accident is responsible for damages to vehicle and property.

Your minimum motor vehicle insurance policy must have protection for you and your passengers of $10,000 per person personal injury protection benefits. This is for paying medical and rehabilitative costs.

Your mandatory coverages also include a $20,000 per person/$40,000 per accident bodily injury liability and a $10,000 per occurrence property damage liability. These cover damages for the injured party when you are at-fault in an accident.

Optional coverages and options you may purchase include: collision and comprehensive, uninsured ("UM") and underinsured ("UIM") coverages, wage loss, alternative care (including healing methods such as naturopathy, acupuncture and faith healing), death benefits (coverage range from $25,000 to $100,000), funeral benefits, (the coverage is $2,000), PIP deductible and PIP managed care.

Your insurance agent or company must advise you about your uninsured and underinsured motorist coverage options including your right to decline coverage in writing. You may purchase at a minimum $20,000 per person uninsured motorist coverage to pay for serious injury or death if the driver at fault does not have insurance or in case of a hit and run accident. You may also purchase at a minimum $20,000 per person underinsured motorist coverage to pay if the driver at fault does not have enough insurance.

Your insurance company or insurance agent should help you decide on the best coverages for your individual situation and needs.

If you would like to look at a motor vehicle insurance rate comparison/customer complaint ratio premium sheet, click here: Comparison Sheet/Customer Complaint Ratio.

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