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Entries from December 11th, 2009

How to Put Credit Card Companies Out of Business

December 11th, 2009 · 2 Comments · Banking, Credit Cards

Intriguing thought, putting the credit card companies out of business, but unlikely it would ever happen. But if all Americans decided in a unified movement to destroy their credit cards, and convert to a cash-only society, wouldn’t it be kind of cool? Suze Orman, a well-known personal finance writer, is attempting to encourage Americans to [...]

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FTC Report: Deceptive Collection Practices on Old Debt

December 10th, 2009 · 7 Comments · Collection Agencies, Debt Collection, Legal Stuff

A great round table was held recently on December 4 at the FTC over the unfair practices by debt collectors. One part of the conference talked strictly about debt collecting on old debt or debt which is past the statute of limitations, also called time-barred debt. If a debt is out of statute of limitations [...]

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Gift Card Deals for the 2010 Holiday Season

December 9th, 2009 · 1 Comment · Budgeting, Consumer Info

What is the next best gift to receive other than cash? An appropriately selected gift card, of course! However impersonal these may seem as far as a Christmas gift, they have become one of the most popular selections for American holiday shoppers. In fact, according to a recent report by the National Retail Federation, gift [...]

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Credit Repair – Written Dispute Rejected Due to Proof of Identity

December 8th, 2009 · 7 Comments · Credit Counselor Front Lines, Credit Repair, Credit Reports

What kind of documentation do you need to send to the credit bureaus proving it’s you making a credit report dispute? Apparently, this changes with the wind. I recently received this email: Hello, I am really confused with what kind of proof of identity I’m supposed to send to the credit bureaus when I’m writing [...]

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