DEBT COLLECTION
Student Debt Relief Scams: Questions and Answers
Student loan debt has become an uncomfortable or even debilitating reality for many Americans. Federal student loans account for $1.620 trillion of the $1.748 trillion in total debt carried by U.S. students and former students. Unfortunately, new debt forgiveness options have opened the door to a variety of debt forgiveness scams. Before you apply for federal student…
Read More4 Common Harassment Tactics That Debt Collectors Use
Creditors often hire debt collectors to collect money owed to them by debtors. Typically, a creditor issues a debtor’s contact information to a debt collector. While debt collectors have every right to call you concerning a debt, they should abide by the Telephone Consumer Protection Act (TCPA). However, debtors might find it challenging to avoid harassment calls…
Read More7 Steps for Managing Debt Collection Calls
Unexpected events happen to everyone, and sometimes those events can cause financial strain. Debt can cause uncertainty and fear when it becomes unmanageable. The situation only becomes worse when aggressive debt collectors get involved. The law protects consumers against some collection tactics. Understanding your rights is vital. Step One: Demand Detailed Information Always get the…
Read MoreDEBT COLLECTION
If you have been trying to deal with a creditor, or creditors, and you feel that they are harassing you to try and collect on a debt you owe them, you may feel scared, hopeless, and unsure of what you can do to put an end to this sort of maltreatment. When creditors call you…
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