Many people are confused about the best way to handle any cash they have when facing huge credit card balances. Should they pay off some cards and keep making payments on the rest? Or settle debts with the credit card companies for less than owed and save some cash for emergencies? Here is a typical [...]
Entries from June 30th, 2009
Debt Settlement or Pay Off Credit Cards with Remaining Cash?
June 30th, 2009 · 2 Comments · Debt Settlement
Disputing Credit Report Item Updates the Information Or Deletes It?
June 29th, 2009 · 1 Comment · Credit Repair
Many people new to credit repair ask the following question: Q. If I find inaccurate info on an item that is mine will it come off permanently or will they just update/correct the info? Example – if I had a collection that is reporting a wrong date or dollar amount and I write to them [...]
Tags: credit bureau·Credit Repair·credit report·credit report dispute·dispute listing·Fair Credit Reporting Act·Investigation·negative items
Students – Have You Tried Pell Grants? It’s Free Money!
June 26th, 2009 · 5 Comments · Student Loans
The common complaint these days is that no banks are lending money, not even for student loans. If you were unable to get loans for your education, or even if you were able to get loans, have you investigated all the government grants available for college students? You might be missing out on free money [...]
Tags: Economic Receovery Act·FAFSA·FAFSA4caster·Federal Finaincial Aid·Federal Student Aid·Pell Grants·Shopping Online·Student Loans
New Service Provides Collection Agencies List of Clients in Litigation
June 25th, 2009 · 3 Comments · Debt Collection, I'm suing those guys!, Legal Stuff
As an unintended consequence, consumers who defend themselves against collection agencies who violate of the Fair Debt Collection Practices Act (FDCPA) will now find themselves on a special list. One company is now offering its clients a list of everyone who has sued a creditor or collection agency. This is meant for the clients (we [...]
Tags: collection agency·collections·consumers·court cases·Courts·Fair Debt Collection Practices Act·FDCPA·lawsuits·Litigation·transunion
