Creditors, Debt Collectors, and Debt Buyers: Important Differences
If you owe money on a debt and receive a collection call, it’s important to know the difference between an original creditor, a third-party debt collection agency, and a debt buyer. The motivations of each are quite different, and your rights as a consumer differ depending upon whom you’re dealing with. An original creditor is the company with whom you did business in order to incur a debt.
Debt And Debt CollectorsEverybody takes loans and a fair number do not return them back. To avoid paying back the loan, some debtors may change their residence or simply not pay for a variety of reasons. Sometimes these reasons are beyond the control of the debtor like a sickness or a job loss because of recession.
How To Effectively and Responsibly Deal With Debt Collectors Who Are Harassing You!One of the things we all hate the most is someone calling and harassing us about money that we might owe. It’s true that we shouldn’t be in a situation where they are starting to call us, however, there are just some times in life where things simply aren’t going the way you planned or hoped. So, that is why it is important that if we find that we are in financial difficulty that we know how to deal with debt collectors, whether for a bad credit loan or some other sort of bill especially if you’ve actually paid it off.
Need Help With Debt Problems?Do you need help with debt problems? Have you over committed yourself financially and feel like you are drowning in debt? Do you need help negotiating the debts that you have? You are not alone and you are not beyond help!
Debt Relief: You Probably Won’t Win the LotteryMany people are waiting on a windfall to help them relieve debt. The best method for relieving debt is to go in with a plan.
Debt Is Like CholesterolIf you are like me and in your forties (or older) you will no doubt have had your doctor check your cholesterol. I’d always thought that cholesterol was a bad thing but it seems that is not necessarily the case.
Few Simple Debt Management OptionsThe average consumer may have as many as eight or nine credit cards. If this sounds like you it may be advisable to consolidate all those cards into a single, easily managed monthly payment…
How To Effectively Take Control Of Your Debts And Be Confident That You Won’t Make The Same MistakesIt is nearly impossible for the average person to not have any debt at all. For instance you might own a home, there you go, you have a debt, or you may have a car loan or other items on payment and before you know it, you are in debt. However, how you manage and control your debt is important. You don’t want to find yourself in a situation where your debts control you and you don’t control them. Here are a few things that you can do to make sure that you are in control and the debts aren’t.
Consumers Guide To Getting Out Of DebtDealing with a lot of financial trouble is never a good thing. For people who wish to improve their current standing, getting out of debt is the best answer to their problem. Getting out of debt is easy as long as you stay committed and choose the right steps to take.
Our Global House of Cards – Taking Personal Responsibility for the Financial WorldThe American government has had its head in the sand about its debts and is now facing the consequences. How can we help prevent further financial disaster for our governments, and for ourselves?
How to Clean Up Your Past Bad Debt Management Mistakes!If you have made some bad debt management mistakes in the past or have made mistakes on a debt consolidation loan, or whatever it might be, you may not realize how much those debt management mistakes can affect your future. However, if you go and try to find a reasonable loan for a house or a home, you will discover right away just how many problems this can cause. So it is important that you try and repair these mistakes from the past.
Five Ways to Get Paid on TimeTo run your business properly it is important that you get paid on time. If you want to continue running your business you need to keep the money coming in, otherwise you won’t be able to pay your suppliers, pay your own bills or pay your employees wages. If you are having trouble with a particular client paying their bills then you can get the help of a Debt Collection Agency to recover the money for you. Before you get to this stage there are steps that you can take.