How To Deal With Debt Collectors I have recently been receiving strange calls from someone trying to collect money from me, what do I do? As a consumer, it is important to be educated about the process by which an actual collection agency attempts to collect debts as opposed to scam callers asking you to […]
Tag Archives: debt
01
Oct
Oct
Most all of us have heard of Debt consolidation. But is Debt Consolidation right for you? What type of debt consolidation should one choose? Is Debt Consolidation effective? What are some of the pitfalls of debt consolidation? Guess what, sometimes “life” happens and we need to utilize our credit cards out of necessity. A perfect […]
02
Jul
Jul
The cost of bad credit can be very expensive. It can lead to higher interest rates on loans, higher insurance premiums, difficulty getting approved for housing, and difficulty getting approved for employment. The cost of bad credit can range from hundreds to thousands of dollars depending on the severity of the credit situation. The fastest […]
31
Oct
Oct
The cost of bad credit can be very expensive. It can lead to higher interest rates on loans, higher insurance premiums, difficulty getting approved for housing, and difficulty getting approved for employment. The cost of bad credit can range from hundreds to thousands of dollars depending on the severity of the credit situation. The fastest […]
07
Mar
Mar
In 2023 it was reported that over 30% of Americans have an account that has recently gone to collections and that the average debt per person is a little over $9,000. Normally, when you hear that an account has gone to collections, you expect phone calls from unknown numbers asking to settle a […]
31
Dec
Dec
Now that the new year is upon us, it is time to start on our resolutions for the year. My group of friends all discussed what we wanted to work on this year to better ourselves and the lives we live as we sat painting miniature figurines. A couple of us are looking to hit […]
02
Dec
Dec
Since the beginning of the pandemic, the amount of debt held per average American citizen has increased exponentially. With more debtors comes more collectors looking for new ways to track down those who owe them money. With the implementation of new collection rules, debt collectors have new means of chasing down debtors outside of mail […]
13
Oct
Oct
What is Considered Medical Debt With there being more than 45 different FICO scores in circulation there is bound to be some variances in how each score is reported. Each debt listed on a report holds different weight; from revolving debt to past due debt, each instance is judged differently across each scoring model when […]
03
Aug
Aug
Now that the new year is upon us, it is time to start on our resolutions for the year. My group of friends all discussed what we want to work on this year to better ourselves and the lives we live. A couple of us are looking to hit the gym more frequently while Eric […]
03
Aug
Aug
Now that the new year is upon us, it is time to start on our resolutions for the year. My group of friends all discussed what we want to work on this year to better ourselves and the lives we live. A couple of us are looking to hit the gym more frequently while Eric […]