For the most part, debt is completely avoidable. When using a budget, and watching what you spend your money on you stay out of debt. One way to do so is to spend your money on on necessities and budgeting what you spend your money on. However, sometimes people still find a way to get in debt. What do you do when a debt collection agency is calling you to pay off a bill that was a necessity.
The Fair Debt Collection Practices Act was enforced in 1978 as part of the Consumer Credit Protection Act. The mission of the FDCPA is to protect consumers against abusive debt collection as well as provide consumers with fair debt collection processes. There are many enforced regulations as well as practices that are ruled against. The […]
With the current state of the economy, more and more people are facing financial struggles. Emergency or unexpected expenses seems to be spreading like a virus and can arise suddenly. When financial lightning strikes, many people turn to payday loans for help. But it is extremely important not to use payday loans to end one […]
If you know a certain amount about credit cards and how they can relate to your finances, you might just be looking to further expand your knowledge. You picked the right article, because this information has some useful tips that can help make credit cards work for you. Don’t be afraid to contact your creditor. […]
To put it simply, reducing credit card debt is as easy as preventing it from increasing and by paying off what it is currently. But then people wouldn’t have credit card related problems in reality if it was simple to reduce credit card debt. We can eliminate credit card debt problems or at least reduce […]