Tag Archive
There are Payment Rules for Debt Collections
When you are contacted by a debt collector in relation to your debts you are usually offered an amount to settle the debt that is less than the actual debt. The creditor that you owed the debt to will then write off the remaining amount on their taxes and move on to the next person. … »
False Information cannot be used to Force Your Payment of Debts
As any person who has ever had anything sent to collections knows, debt collectors will do almost anything to get you to repay your debts. This was the case for many years because there was no legislation telling debt collectors to act any differently. Now, there is a government mandated regulation that tells debt collectors… »
What Debts are Included in a Debt Management Plan?
Debt management plans are a great option for anyone that is looking to become both more organized and financially efficient. The debt management plan will get all of your payments that qualify into one monthly payment and will likely be able to eliminate a lot of fees and possibly lower your interest. However, not all… »
Your Quest for Credit Repair Just Got Easier
Thanks to new regulations set in motion by the Federal Government it just became easier for you to pay down your credit card. For a long time credit card companies have had free reign over how they charge you fees and apply interest to your card. This was very disadvantageous to the consumer… »