Plain and simple, a debt collector counts on your ignorance and fear in order to collect. That means if you don’t know the most basic debt-collecting rights, which are quite simple to recall, you’ll be taken for loads of money and treated terribly in the process. Next time the collector comes calling, be aware they [...]

Sometimes it seems like good credit is needed to enter just about any life-changing situation, from getting that great apartment to landing a solid job. Those with bad credit can feel as if their destiny is to always remain behind. However, many ways exist to get around the credit issue. In the process, you will [...]

So you’ve decide to take control over cleaning up your own credit. This is quite possible for any consumer to do without hiring so-called credit repair services. However, you’ll want to be careful with how you word your requests to the three agencies when organizing your most crucial financial information. Pay for only what you [...]

Armed with credit right legalese, let’s say you properly tell a bothersome debt collector to buzz off to buy more time over a debt you are struggling to pay. Yet a few weeks later you are summoned to appear in court over the matter. Are you looking to fight fair with collectors, but you’re not [...]

Teens want to walk a clean financial path, but currently don’t seem to understand enough on the subject. The Federal Reserve’s 2008 test of high school seniors resulted in an average financial literacy score of just 48 percent. How can we best educate our youth to build a health credit history? Care about your credit [...]

That old hospital bill has come back. This time it is haunting you in a court of law. Not only is it perfectly legal for a creditor to sue you for debts owed, but courts are siding in their favor. That means more consumers are being hit with garnished wages and racked up interest and [...]

You thought harassing calls and threats from creditors for defaulting on your debts was hitting credit repair bottom. Creditors are taking it a step further as lawsuits are rising against consumers for not paying up on unsecured amounts owed, like credit card balances. When and how might a creditor come after you for past money [...]

Know how to make your credit worse? Hundreds of supposed helpful financial companies do. Consumers today are swapped with promises to erase debts or have their credit managed on a daily basis for a small fee. Instead of healing your credit, these moves often leave new marks. How do you avoid terrible credit repair advice? [...]

Your credit has already been hit with costly negative marks. Do you really need to pay for credit repair services just to revive your financial health? While investing some dough to build a high credit score is necessary, the majority of services offer little else than what you can do for yourself. Don’t be tricked [...]