Tag Archive
Tips On Recovering From Filing For Bankruptcy
As the recession gets worse, more and more Americans are falling into debt, and more of us are declaring bankruptcy every day. Bankruptcy can be seen as a fresh start, absolving you of much of your debt and payments, but it will also destroy your credit report, remaining there for ten years, and diminishing... »
Rate Of Bankruptcy Filings Is Increasing Sharply
Pay cuts and layoffs pushed more Americans into bankruptcy the past year, and experts say that the situation won't be likely to get better until the unemployment problem improves. In Wisconsin, bankruptcy filings raised to 30 percent in 2009. This came on top of a 35 percent increase in the preceding year. »
Is Investing In A Mutual Fund Worth Your While? Part One
So you are looking to invest in a mutual fund but you are not sure if it is worth your while. This article can help you weigh the pros and cons of taking on such an investment. A mutual fund is set up like a corporation that pools money from a bunch of different... »
A Beginner’s Guide To Credit Reports
What is a credit score? A credit score, sometimes referred to as a FICO score is a numerical representation of data that is found in your credit report. FICO credit scores look a lot like SAT scores and range from three hundred, which are rare, to eight hundred and fifty, which are equally rare.... »
Illegal Debt Collection Practices On The Rise
Bill collection is a thriving business in times of economic hardship. Millions of American citizens are dangerously close to bankruptcy, struggling to make ends meet. Now, collections agents have new tactics to attempt to collect what they are owed. And some of those tactics are suspicious. »
Prioritizing Your Finances
In the past few years, more consumers in a bad financial situation due to income that may have been lost have concluded that credit cards should be higher than their mortgage payments on the prioritization list. As 2009 came to an end it was determined that twice as many consumers were late with their... »
Credit Cards May Be The Best Way To Pay Rent
Whenever it is being permitted by landlords, it's wise to pay for your rent with credit cards. Not only will you have the cash to pay the credit card bill right away, you can get cash back for using your Premium Cards that offer benefit. »
What Can A Collections Agency Do If I Don’t Pay Up?
There are two useful tools that a collection company can actually do that a debtor should be worried about. These involve negative information being reported to the credit bureaus, and the unlikely probability of a lawsuit. »
How To Protect Yourself Under The New CARD Act
The new credit card bill that takes effect in February will have huge ramifications for both issuers and cardholders. Restrictions on rate increases, fees and increased disclosure requirements will bring about many changes for issuers. Borrowers should learn about the crucial stipulations in the law and the loopholes. »
The Fair Debt Collection Practices Act: Things Your Business Needs To Know
The Fair Debt Collection Practices Act has proven to be very useful to people in need of reducing problems associated with harassing debt collectors. And, yes, it also has many benefits for the collection agencies as well. Through the enactment of sensible laws, the Fair Debt Collection Practices Act compels collection representatives to act... »
