The Fair Debt Collection Practices Act, also known as the FDCPA, is a law, which was passed by Congress that regulates the methods collection agencies, can use to collect money from debtors who are behind on their payments. In the past many collection agencies would use unethical methods to extract payments from people, and this law was created to regulate…
Category: Debt Consolidation
Top 10 Reasons Why People Look For Ways To Consolidate Debt
People have different reasons why they look to consolidate their debt, but among the most important ones are the following: 1. Save money on interest 2. Lower monthly payments 3. Have one manageable bill per month instead of many small bills 4. Easier to keep track of due dates 5. Easier to keep track of how much is owed 6.…
Debt Consolidation When Is It Right For You
Do you have many a loans and just can’t handle them all? Then, the thing for you could be debt consolidation. This means that you take another loan, in order to pay all the rest off and manage your financial problems a lot easier. However, this doesn’t always work for the best, as you could get in even bigger problems.…
An Introduction To Getting A Debt Consolidation Loan
If you have reached the maximum limit on your credit card, along with payments due for a car loan, personal loan and house payment, rest assured, you’re not the only one drowning in the sea of debt. With this overpowering impact of consumer goods, everyone finds themselves deep down in debts or prone to it. Many people can’t even recollect…
Consolidating Student Loans
With higher education costs on the rise, many people these days have several student loans. These are not just medical students with several loans, but average students at public universities. It can help for those trying to pay them off to consolidate student loans into one bill and thus one payment. There are many advantages to having one loan besides…
Avoid The Hidden Pitfalls Of Taking Out A Debt Consolidation Loan
When in debt, one usually turns to debt consolidation loans to get out of debt quickly. Debt consolidation loan is a loan that replaces all the loans you have. So instead of paying your numerous creditors individually, you only have to pay the debt consolidation loan a monthly installment. It is their duty to disperse the money to the other…
Consolidating Your Credit Card Debt
Under a debt consolidation plan, terms and conditions change, it will allow you to pay your current debts in 3-6 years. The purpose of debt consolidation is to speed up your paying time and at the same time makes lower monthly bills. You have to make sure that the new cost of the consolidated loan is truly less than what…
Reduce Your Debts Improve Your Credit Score Bad Credit Consolidation Loans
Taken too many debts… not able to make payments on time? Also the tension of bad credit history you are carrying with you. Bad credit is a matter of concern for most of the people these days. Bad credit consolidation loans will help you to recover from your bad credit history. A bad credit history can deny you from talking…
3 Step Formula To Get Out Of Debt
1-Make List of Your Debts First of all know how much deep you are in credit card debt. Many credit card holders are shocked when they know the total credit card debt to be paid. They unconsciously stay away from compiling this list. But you will have to know your total debts. List down lender name, date of debt, total…
Student Credit Repair Solutions For Building Credit
When it comes to life the majority are always assuming, and the most of them assume the worst. Creditors, debtors or anyone today all base their theories on assumptions and assumptions from the beginning of time have caused nothing but failure. When people fail to pay their bills on time, many of the creditors assume that the debtor does not…