Debt Collection Calls: Do’s and Don’ts
— When a debt collector calls you, you may be caught off guard. Being unprepared in such a scenario could make you agree to any terms put across by the debt collector. You may also lose your temper…
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Practical notes for a stronger file.
Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
15 States With the Most Student Loan Debt
Photo by Damir Khabirov / Shutterstock.com Damir Khabirov / Shutterstock.com This story originally appeared on Smartest Dollar. Since 2012, student loans have had the highest delinquency…
Why Did My Credit Score Go Down?
It’s never a good feeling when you notice that your credit score has dropped. You might feel confused or concerned, and you would probably wonder why…
Lawmakers Urge VA To Continue Deferring Debt Collections; Agency Says It Won’t
WASHINGTON — Republican and Democratic lawmakers called on the Department of Veterans Affairs this week to continue its nine-month pause on billing veterans for medical debts…
Congress May Cancel Student Loans In New Stimulus Package
President-elect Joe Biden (left) and U.S. Speaker of the House Nancy Pelosi (right) (Photo credit: … [+] TIM SLOAN/AFP via Getty Images) AFP via Getty Images…
How to Set Realistic Financial Goals for 2021 and Reach Them, Despite Uncertainty
For most people, 2020 has been a challenging year. From the COVID-19 pandemic to the subsequent recession to the many unprecedented political and cultural events, this…
Snowball vs. Avalanche: What Is the Best Way to Pay Off Debt?
If you’re like most Americans, you probably have more debt than you would like to have. Almost 60% of Americans say they feel “weighed down” by…
How to Make a Financial Plan for Your Goals in 2021
We have talked before about setting financial goals for 2021. Given the difficult year that was 2020, it seems likely that many people will set New…
Lenders: Get Set For 2021’s Ugly Wave Of Consumer Credit Collections
Today’s Clogged Collection Channels May Drive Tomorrow’s Customer Departures During the pandemic, based on our observations, there have been fewer customer service representatives answering phones. The…
NCUA seeks input to improve transparency
The National Credit Union Administration board on Monday approved a measure that aims to improve how the agency communicates with the institutions it regulates and increase…
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