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Entries Tagged as 'collection'

I’ve Been Fighting an Unfair Late Fee For Three Years

July 6th, 2010 · 3 Comments · Credit Cards, Debt Collection

Q. My problem is a late fee charge of 35.00 which was charged to my credit card account because they did not change the address on my account so that I would receive my bills on time. I always pay the full amount and because the invoice was forwarded, I did not get it in [...]

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We Don’t Need to Raise Taxes – We Just Need to Collect Them

May 25th, 2010 · 6 Comments · Taxes

Depending on which side of the political fence you’re sitting on, you may be a proponent of raising or cutting taxes. In all the rhetoric on which way will be the biggest boost to the economy, no one is looking at one detail – how well are we collecting taxes in the first place? I [...]

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Lawsuits Against Creditors Reach Record Levels

August 19th, 2009 · 2 Comments · I'm suing those guys!

As of July 31, 2009, 5039 credit and debt related lawsuits across the USA haved been filed. In 2008, breaking the 5000 level took until October. The basis of these lawsuits were violations of the Fair Credit Reporting Act (FCRA) and Fair Debt Collections Practices Act FDCPA. The number includes lawsuits filed consumers acting as [...]

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Debt Collection From the Dead: Not-So-Proud New Frontier

March 4th, 2009 · 4 Comments · Debt Collection

The credit industry has discovered a new goldmine: collecting debt from the dead. With multitudes of Americans falling farther and farther behind with their mortages, credit card payments, and bills for bare essential living items like electricity and water, the credit industry has begun to turn more attention to the recently departed, who apparently have been a long-marginalized collection demographic.

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