December 1st, 2008 · 1 Comment
Q. I settled a debt in 2007 for less than owed, paying $15,000 on a $22,000 debt. I just today received a $7000 1099c for tax year 2007 from the creditor in the mail. Does this actually mean that I have to amend my tax return for 2007?
A. A 1099c is a […]
Popularity: 5% [?]
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Tags: Consumer Debt · Credit Counselor Front Lines · Debt Collection
October 7th, 2008 · 1 Comment
Did you know that credit card companies have a special name for customers who pay their bills in full month after month? It is true – they call those customers “deadbeats”. This disparaging term should certainly shed some light on the credit card industry and how it works. This knowledge should also […]
Popularity: 17% [?]
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Tags: Banking · Credit Cards
I explained in an earlier post that many of the new credit cards contained an RFID chip which could potentially let credit card hackers still your information.
To summarize the previous article, credit card companies want to use RFID chips in their credit cards instead of magnetic stripes. The problem is that anyone with a […]
Popularity: 18% [?]
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Tags: Credit Cards
No, these settlemensts weren’t made with the collection agency, but with the credit card companies themselves.
Just talked to a client today about his debt settlement techniques. He had a few cards to go, but did really well working with MBNA and Chase bank. He settled with Chase for 25% and MBNA for […]
Popularity: 8% [?]
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Tags: Credit Cards
March 12th, 2008 · 1 Comment
http://herecomesthejudge.com/
Lists and has the entire court rulings listed for many cases against the big three and other credit card companies!
Popularity: 7% [?]
Popularity: 7% [?]
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Tags: Credit Bureaus and Scores · I'm being sued!