Credit and Debt

When one of your accounts falls past due, your creditor may sell the account to a third-party debt collector. The debt collector then has the right to pursue you for payment. Of course, one of… 

Any time you fall behind on a payment, there’s a risk of your account going to a debt collector. This applies to credit cards, loans, cell phone payments, cable service and anything else that has… 

If you fall behind on a debt, your creditor may extend an offer to settle the debt for less than the balance due. When you settle a debt, you pay only a portion of the… 

With the increased amount of data breaches comes an increased need to protect your identity from being stolen. Once a thief has your personal and financial information, they can use it to make unauthorized charges… 

At least once a year, you should request a copy of your credit report and review it in great detail. While it’s easy to focus most your time on the public records and credit accounts… 

Your debt-to-income ratio is an important financial measure that tells the percentage of your monthly income that goes toward debt payments. In addition to your credit score, lenders use the debt-to-income ratio to approve your… 

If you think you’re safe from debt collector calls at work, think again. You’d be surprised at how much information a debt collector can find out about you with a few phone calls and internet searches.… 

You don’t need an excellent credit score to live a good life, but it can definitely help you feel better about your financial situation. If you’ve checked your credit score and don’t like what you… 

Everyone usually knows they need to pay off their debt. However, it is much easier said than done. If you really want to get out of debt and stay out, there are a few habits that can… 

​If you are not a math wizard, and you do not have any kind of accounting / finance background, you may not know how to calculate your monthly interest payment. Yet I can guarantee you…