Feds cracking down debt collectorsChase stops suit against credit-card holders Do you know your credit rights? Banks frequently sell bad loans to collection companies for pennies on the dollar. The debt buyers are supposed to get the documentation that came with the original loan, but in the fa...
Here's how the FTC recommends fighting back against zombie debt: 1. "Verify it's a real debt.Before you fight back, make sure you recognize it. It could be a fake debt collector calling. Also get a copy of your free credit report atannualcreditreport.comto see if the debt is listed...
What are debt collectors not allowed to do? What do I do if I can pay the money I owe? What do I do if I cannot afford to pay the money back? What should I do if a debt collector contacts me? It is important to know that you shouldn’t ignore debt collectors when they try to...
Debt collectors can be pretty ruthless and aggressive. They will go to extreme measures as to calling family members and your place of employment. Whether it be something you cannot pay, or believe the collector may be contacting you by mistake, find out who they are and what they are conta...
…And How to Fight Back Falling behind on bills is stressful. But when a bad debt collector breaks the law and is abusive or harasses you, things can quickly go from bad to worse. A strong federal law, the Fair Debt Collection Practices Act (FDCPA), protects consumers against unfair, de...
The COVID-19 pandemic is making the holiday season even more stressful. At a time when people are struggling to make ends meet, how do you put gifts under the tree without driving yourself into debt? Dan Geltrude, CPA and founder of Geltrude & Compan
When dealing with a debt collector, don’t rush to pay or promise to pay. Instead, check the facts, know your rights around communication and report violations.
How to Manage Debt in Collections As a general rule, don’t ignore debt collectors. While it’s OK to take a few days to gather your thoughts and documentation before talking to them, ignoring them entirely only makes your debt problem worse. Working with debt collectors is a process, and...
How To Revenge is back with another great prank recipe for you! This one will teach youhow to make easy three ingredient slimein your home. People have been going crazy over slime. Back when some of the team was in Kindergarten, making slime used to be a fun activity to learn aboutScie...
Debt collectors must comply with your written request to stop contacting you. After that, they can only further communicate with you to tell you that they are terminating their collection efforts or that they intend to seek a specified legal remedy against you. Debt collectors may not harass or...