Being collected for a debt that you owe is stressful. When a collections agency is already in the picture, that is a reminder that you had been defaulting on your payments. The creditor gave up or is about to give up on your account and that is why they passed on the account to a […]
3 TSR Qualifications Before Hiring A Debt Professional
A debt professional is beneficial for people who need help when it comes to getting out of debt. While there are debt relief programs that you can do on your own, some people prefer to spend on experts who can do the legwork for them. That way, they can concentrate on growing their income to […]
Debt Relief Laws That You Need To Know
When it comes to money, you can never be too careful. There are many people who wish to scam you out of your hard earned money. Not only that, some professionals will prey on the ignorant hoping to abuse them and get bogus service fees from them. Apparently, the most common target of these malicious […]
Spotting Unscrupulous Debt Settlement Companies
One unfortunate development of today’s volatile economy is that dishonest debt settlement companies now have a larger target market of consumers with debt issues. These companies market their services with only one thing in mind – to swindle consumers out of their hard-earned money. This topic is so important for today’s consumers that Inc. magazine […]
FTC Targets Rogue Debt Settlement Companies
Empowered by newly enacted regulations, the Federal Trade Commission (FTC) is investigating debt settlement companies for suspected illegal practices. The investigations follow the agency’s Operation Clean Sweep in 2009 that worked with 24 state agencies to prosecute companies for violations of the Credit Repair Organizations Act. In addition, the new FTC regulations also reflect many […]