Tag Archive
In Time, You Might Just Get A Text From Your Bill Collector
Who doesn't love a good text message? Painless, fast, and no talking on the phone to that annoying person you have to get in touch with! There is no arguing with the fact that texting is becoming a major conduit for the exchange of information. It is no wonder that there were practically 750... »
Mutual Funds- Are They Worth Your While? Part Two
In part one of this series, I let you know some of the pros and cons of mutual funds. I wrote that there are many expenses that come with investing in a mutual fund, including the high price of management fees and brokerage fees that come with frequent trading. But, the fund manager is... »
Even If You Pay The Balance, Maxing Out Those Credit Cards Are Hurting Your Credit Score
Think that paying your credit card balance in full is good for your credit, even if you are using most of your credit limit every month? Think again! You do not get extra points for paying in full, even though it's smart to. The score is based on information in your credit report, and... »
Today In The Collections Industry
The collections industry has grown by massive proportions in the last couple of years. The reason for this is that recoveries and collections are generally outsourced business functions. It would be unfathomable for a creditor to handle retrieving debt from all of their accounts, so the creditors call the debt collection companies. »
Don’t Get Burned By Debit Cards- Part One
The majority of people do not think anything of it when they hand over a debit card to purchase something, but not those that have been burned by debit card theft, debit cards that can be used like credit cards to be exact. Last summer, a native of San Jose, California used his debit... »
An Oldie But A Goodie – Fake Debt Collector Scheme
Although an oldie, apparently still a goodie. Enjoying a boost in popularity as of late, the fake debt collector scam still fools unknowing victims. »
Police Department Of Knoxville Seeks To Collect On Unpaid Tickets
According to the Knoxville Police Department, their red light camera program sent out eight thousand unpaid tickets to collection in 2009. This figure represents about $944,000 in court costs and fines that the county is missing out on if the tickets had been paid. Citations that remain unpaid are handed over to a collection... »
Americans That Are Uninsured And Underinsured See The Medical Debt Relief Act As A Godsend
From 1999 to 2009, premium costs for family insurance have risen by one hundred and thirty one percent. Easily, that's over three times the rate at which working wages rose during this time. In this time of economic hardship, millions of jobs have been lost, putting workers who just lost their jobs at risk... »
What Can A Collection Agency Do?
When and how does bill collection cross over the line into harassment and aggressive behavior? A bill collector is never allowed to use obscene language or threats of violence. However, they are allowed to insult your integrity and make you feel bad about the person you are. »
Bankruptcy: Everything You Need To Know
Bankruptcy is generally seen as a quick fix solution to financial problems. Yet the effects of bankruptcy are long term and can hinder your ability to get employment, house, and any type of credit. It is important to weigh the pros and the cons of bankruptcy before making a major choice. »
