Why Debt Collection Calls Top the List of Consumer Complaints
The bad players in the debt collection industry routinely cross the line into illegal and unethical behavior, violating the Fair Debt Collection Practices Act. There are several reasons why this might occur, as we discuss in this article.
The US Government Debt ExplainedThe United States government debt is the sum of all the Federal government’s unsettled debt, which amounts to over $15.5 trillion. Almost two-thirds of it is public debt which the government owes to businesses, the public, and governments of other nations who have purchased Treasury bonds, notes and bills. The other one-third is held as Government Account securities and the government owes it to itself.
Direct Deposit – Hassle Free Cash TransfersDirect deposit is an electronic cash transfer service which allows a money transfer from the employer’s bank account to an employee’s bank account on the payday. The employee should sign an agreement with his employer authorizing the employer or the employer’s pay check processor to accord payment as an electronic transaction. The employee needs a verified account to receive cash from his employer.
Federal Debt – Can We Get Out Of The Mess?With the economic crisis having gone on for a few years now, many folks view federal debt as something that only happens during certain times. But in fact, throughout our country’s history our government has always carried federal debt.
How to Pay Off Credit Card and Other DebtsYou really do not want to be mired in a debt trap because this could be one that is hard to free yourself from. It is for this reason that there may be some people who would rather not make any loan, which is of course the ideal way of getting away from debt.
A Great Way to Reduce Debt: Reverse the SnowballThe Debt Snowball Method is a strategy that will help you pay off your debt in the most efficient way possible. It also has a psychological component that gives you positive reinforcement as you pay things off so that you will keep up the momentum and become debt-free.
Easy Debt Elimination Methods – The Right StepsDebts can always have very bad effect on your life especially if you want to borrow loans from the banks. This is because debts usually have very huge effects on your credit score. It would therefore be very important that you find a way of eliminating debts. This calls for a lot of financial discipline when it comes to using credit facilities like the credit cards. To help you eliminate debts easily, there are always a number of steps that you may take.
The FICO GodI named this article “The FICO God” because I saw someone pray to FICO; the God of credit in Walmart the other day. A woman in front of me at the check-out counter slide her credit card, closed her eyes, bowed her head and prayed; “Please, Please, PLEASE!” When she opened her eyes, first one then the other the FICO God answered her prayer; “APPROVED.”
Resolving Debt Problems in the 21st CenturyThe number of men and women with debt problems continues to increase yearly. Even people who used to dominate the sector are struggling with debt problems as of late. The next few paragraphs provide information on how debt management companies can provide you with solution to your current pressing debt problems.
Advantages of Using Debt Consolidation Calculator in Debt SettlementDebt consolidation calculator is a software designed by debt management organizations to help those who are hoping to reconcile their debts. This program may make debt repayments less difficult since it offers users with info necessary budgeting and debt consolidation. The next few lines supply info about debt consolidation calculator and on how it may benefit you in settling your commitments.
The Best Way to Pay Off Credit Card DebtsThe best way to pay off credit card debt. Create a system to attack those balances and be debt free for life!
Student Loan Debt Collection: Know Your OptionsCongress passed a new law about student loan repayments, saying that you can make payments based on your income. Here’s what you need to know in order to effectively deal with student loan debt collection agencies.