Are Debt Collectors Stalking You Online?

Managing Debt

Are Debt Collectors Stalking You Online?

Are Debt Collectors Stalking You Online?

Debt collectors spend a lot of time chasing down accounts, many of which will never result in a payment being made. A smart collector will spend time trying to collect on accounts that are most likely to have the ability to pay. Therefore, some collectors are looking beyond the traditional tools, like your credit report,… Read More

New York: Great Pizza, Bagels… & Debt Collection Laws?

Managing Debt

New York: Great Pizza, Bagels… & Debt Collection Laws?

New York: Great Pizza, Bagels… & Debt Collection Laws?

Personal financial challenges can be daunting. Struggling to pay bills is tasking enough, but when you throw in having to deal with aggressive debt collector calls, letters, even legal actions, it can become overwhelming, and often confusing. Federal and state laws regarding how debts can legitimately be collected exist to level the playing field. And… Read More

How Getting Out of Debt Can Hurt Your Credit

Managing Debt

How Getting Out of Debt Can Hurt Your Credit

How Getting Out of Debt Can Hurt Your Credit

A common concern you may have when searching for the best debt relief solution is how it will impact your credit score. There are many misconceptions about credit reports and the harm that comes from credit counseling, settling debt for less than what you owe and bankruptcy. Your credit report and credit score will heal… Read More

What Happens to Your Unpaid Debt

Managing Debt

What Happens to Your Unpaid Debt

What Happens to Your Unpaid Debt

In the first part of the Debt 101 series I talked about taking advantage of lower credit card payment opportunities that many lenders offer to their customers who fall behind with payments. Depending on the situation, capitalizing on the earliest opportunities to work directly with your credit card lender can deliver the results needed to… Read More

How to Avoid a Debt Spiral

Managing Debt

How to Avoid a Debt Spiral

How to Avoid a Debt Spiral

When you have debts you can’t afford to pay, your options for dealing with them are limited. Unfortunately, once you fall behind with payments, your choices narrow even further. Timing is a critical factor when you are burdened with debt. The earlier you can sit down and concentrate on your debts and available cash flow,… Read More

Want an FHA Loan? Resolve Bad Debts First.

Mortgages

Want an FHA Loan? Resolve Bad Debts First.

Want an FHA Loan? Resolve Bad Debts First.

The Federal Housing Administration (FHA) recently announced a policy change in how they will treat mortgage loan applications for those whose credit histories contain unpaid collection accounts. The changes will prevent individuals with outstanding unpaid collection account balances—whether from credit cards, medical bills or other debts when the combined outstanding balances total $1,000.00 or more—from… Read More

Find out where you stand.
Get your FREE personalized credit report card.

Sign Up Now
X

Stay connected to our experts

Please submit your email address to get credit & money tips & advice
from our team of 30+ experts, delivered weekly to your inbox.