If you are having a hard time increasing your credit score, there may be some good news on the horizon! Major credit reporting company Fair Isaac (FICO) has been pressured by Washington to change its credit-risk scoring model to give a break to consumers that have had debt turned over to collection agencies!
Tag: debt collectors
Don’t Panic if You Receive a Summons!
If you are served with a summons for past due debts, DON’T PANIC!
Real Life Story on How to Become Debt Free!
Want to learn a method to become DEBT FREE? Here’s a recap of a real life success story you don’t want to miss!
Are Social Security Benefits Protected From Garnishment or Bank Levy?
If you are receiving Social Security Benefits, most are protected from creditors, but not all!
Wage Garnishment in Oregon…How to Stop
Here’s some very helpful tips on how to put a stop to wage garnishment in Oregon. First you must understand that a debt collector cannot simply be awarded a wage garnishment for unsecured debts without first having gone through the legal process:
Debt Settlement and Colleciton Agencies
If you have an old credit account that has been placed with a collection agency, you may be able to settle that debt for less than the balance.
Debt Management vs. Debt Settlement: Weighing the Options
DEBT MANAGEMENT vs. DEBT SETTLEMENT – What’s the Difference? It’s important to know that one program does not solve all problems.
Stop a Wage Garnishment in Oregon
If you have received wage garnishment due to a judgment issued on your unpaid credit cards or other personal loans, it may be possible to stop it.
Can You Negotiate a Second Mortgage After a Short Sale?
If you are wondering if you can negotiate a second mortgage after a short sale, I’ve got good news for you…YES YOU CAN!
Debt Collector Harassment: Can anything be done to stop them?
Can anything be done about debt collector harassment?
Debt Settlement in Oregon
Can I use debt settlement in Oregon to clear up old debts? YES! Debt Settlement is a viable option that creditors will consider when you are facing difficult financial times.
How Long is the Statute of Limitation on Credit Card Debt?
If you have old credit card debt, you may be wondering how long a collector has to collect.
Can A Debt Collector Call Me at Work?
Can a debt collector call me at work? Creditors are notorious for violating the Fair Debt Collection Practices Act (FDCPA). This LAW is supposed to protect consumers from unscrupulous and ILLEGAL debt collection activity! However, most consumers are unaware of their RIGHTS UNDER THE LAW and are intimidated.
Can a Creditor Take Funds From a Reverse Mortgage?
If you have a REVERSE MORTGAGE on your home, a creditor cannot garnish, levy or lien. If you are one of the millions of people who have decided to get a Reverse Mortgage (RM) on your home to help your financial situation, and have other significant debt, you need to understand what a creditor can… Read more »
Don’t make these MISTAKES dealing with collectors!
STOP! Don’t make these mistakes dealing with collectors! Dealing with debt collectors rarely is a pleasant activity. They call you up at all hours of the night, send you nasty letters and make your life a living nightmare. Bad as it may seem, you can only make it worse by making one or more of… Read more »