Don’t Make These 5 Mistakes When Paying Down Debt
Paying down your debt seems pretty straight forward. However, it involves much more than merely making monthly minimums or avoiding interest. Avoiding these 5 mistakes will save you money and help you pay down your debt faster and more safely. 1. Adding New Debt You may feel less anxious about taking on new debt as […]
How to Protect Your Child’s Identity at Every Age
Protect Your Child’s Identity. Some lenders require a social security number with a clean credit history, but don’t necessarily check that the borrower’s name matches the number, so thieves can get away with using social security numbers that aren’t assigned to anyone at all. Your child’s identity can be at risk at any point in […]
6 Tips for Protecting Your Financial Security and Preventing Fraud
Each year millions of Americans fall victim to financial fraud and identity theft. In 2020 alone the Federal Trade Commission (FTC) received more than 2.1 million fraud reports from consumers, with impostor scams cited as the most common. Identity theft can be a stressful experience and have a significant impact on your credit and finances. Follow these […]
Guide to online credit card protection against online fraud
Gone are the days when you needed to visit a convenience store or mall to buy something. Thanks to the internet, you can now conceivably buy everything you need from the comfort of your house. Movies, appliances, furniture, groceries – if you want it, you can buy it with a few clicks. It sounds convenient, […]
What is the Fair Debt Collection Practices Act?
The Fair Debt Collection Practices Act (FDCPA) is a federal law that protects consumers from unfair and abusive debt collection practices. Under the FDCPA, creditors, debt collectors, and other debt collection agencies are not allowed to engage in abusive or unfair practices when attempting to collect debts from consumers. A few examples of these prohibited practices include: The […]
All you Need to Know About The Fair Debt Collection Practices Act
The Fair Debt Collection Practices Act (FDCPA) is a federal law that regulates the behavior of debt collectors and provides consumers with protection from abusive, deceptive, and unfair debt collection practices. The FDCPA applies to third-party debt collectors, not the original creditors. Under the FDCPA, debt collectors are prohibited from engaging in certain practices, such […]
Understanding your debt relief options
For millions of Americans struggling to make a living, debt can feel inevitable. Taking on debt doesn’t necessarily have to be a bad thing. In fact, debt can be the first step toward financial growth and stability, like when you take out a mortgage to buy a home or use a student loan to pay […]
Money Management: 4 Tips for Mastering Your Finances
Mastering your finances might sound like a daunting journey. However, every day you wait, debt and poor spending decisions compound and make the path to mastery all the more difficult. Fortunately, wise financial choices made sooner also compound, ensuring a bright financial future. Here are 4 tips to help you manage your money. Create a […]
Understanding Bankruptcy: Chapter 7 vs. Chapter 13
Bankruptcy is a term most have heard, but only the financially unfortunate must learn to understand. However, this is not just an unlucky few. Today, most bankruptcies are filed by consumers rather than businesses. Over the past 20 years, there have been an average of 399,269 bankruptcy cases filed yearly in the United States. If […]
Taking Responsibility for Debt While Avoiding Bankruptcy
Are your finances teetering on a cliff edge? Do you owe debt collectors far more than you can possibly repay? When you face financial hardship and seem unable to recover, you’ll probably see bankruptcy as the only way out. If this sounds like you, you’re far from being alone. Many Americans are often pressed to […]