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Entries from October 31st, 2008

How to Get Out of Payday Loan Hell

October 31st, 2008 · 21 Comments · PayDay Loans

It’s bad enough getting into apayday loan in the first place. But even more fun is involved if you are unable to pay back your payday loan. Most companies keep piling up interest and late fees, making it tough to repay the loan. A reader recently wrote of her experience paying back a horrendous payday [...]

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Which Statute of Limitations on a Debt is Applicable if I’ve Moved?

October 30th, 2008 · 17 Comments · Consumer Debt, Credit Counselor Front Lines, Legal Stuff

Just received this question from a reader: Q. I had a collection that originated in 2004 in Maryland. The statute of limitations (SOL) was 3 years; 2007 came and went with no suit from the collection agency. Now I live in a state where the SOL on a written contract is 6 years. If they [...]

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The “Smell” of Home Selling Success

October 29th, 2008 · No Comments · Mortgages, Real Estate

Back in August, we posted a blog that focused on the top ten homebuyer turnoffs. Number one was, not surprisingly, bad smells in the home.  It doesn’t take a rocket scientist to figure out what kind of smells will kill a deal; ok, if you insist, they might include the smell of animals (cats particularly), [...]

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Can you Collect More in a Costume?

October 28th, 2008 · No Comments · Debt Collection

In Honor of Halloween, we are publishing this post. El Cobrador del Frac — “The Debt Collector in Top Hat and Tails” — has had to hire 150 new collectors in the past 6 months just to keep up with demand. The company’s secret: Use costumes and attention to embarrass companies and individuals into paying [...]

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