Many people know they need to respond to a letter or phone call from a collection agency, but they might not know exactly what to say. In general, it’s not usually a good idea to speak to a collection agent when they call, let alone respond to a letter over the phone. This leaves the [...]
Entries from November 17th, 2009
I’m Not Sure What to Say In My Letter to a Collection Agency
November 17th, 2009 · 4 Comments · Collection Agencies
Tags: cease and desist·collection agency·Debt Settlement·Debt Validation·debt verification·FCRA·FDCPA·investigation request·junk debt buyer·negative listing
How to Prepare for Credit Card Changes Effective in February
November 16th, 2009 · 1 Comment · Credit Bureaus and Scores, Credit Cards
Come February 22, 2010, the second phase of the Credit Card Accountability and Disclosure Act (CARD Act) will formally be upon us. While there are certainly a number of positive provisions for consumers associated with the changes, the legislation is not without controversy. Opponents of the provisions have warned that many consumers, particularly those with [...]
Tags: CARD Act·credit·Credit Card Accountability and Disclosure Act·credit card law changes·Credit Cards
Save Money by Reusing Items Destined for the Recycling Bin
November 13th, 2009 · No Comments · Budgeting
Most people automatically separate their recycling trash from the regular trash before throwing it out. How about saving money by reusing items which would ordinarily find their way to the recycling trash bins? Other than not creating trash in the first place, this is by far the most effective way to lower your carbon foot [...]
Tags: carbon foot print·CDs·Cell Phones·DVDs·EPA·frugality·paper·plastic bottles·recycle·recycling trash·reuse
Who Filed Bankruptcy in 2008?
November 12th, 2009 · No Comments · Bankruptcy
The year 2008 wasn’t exactly a banner year for the U.S. economy, but this is hardly news. While the bank and credit collapse happened what seemed like all at once, it had been simmering on the back burner for a while, also not news. For starters, the fact bankruptcy filings rose dramatically during 2008 is [...]
Tags: 2008 figures·Age·Bankruptcy·Economic Crisis·Education·employement·filing bankruptcy·gender·Income·new bankruptcy laws
