Author: The CreditConsultant
Published articles: 50
Ever wonder how to get the money hungary collectors to stop harassing you with harassing phone calls? What about calling your job, your friends and relatives. Well, you do not have to dream anymore because in this article I will show you how to shut them down. Harassing phone calls tips Send them a cease …
Not understanding what determines credit scores and the five elements that make up your FICO score could have a tremendous negative effect on you getting approved for credit. For example, if you are 30 days late within the first two years of having an account, this could bring your score down by 30 points. In …
Here’s a simple way to stop a collection agency in their tracks. This technique is called debt validation, and its a powerful strategy to use against a collection agency. It’s so powerful that if you apply techniques right, you will stop the collector from calling forever. Debt validation secrets First, you want the collection agency …
It’s unbelievable that you are going through a divorce with the person you once had close ties too. But sometime when relationships do not work out, you have no other choice but to seek a divorce. Break ups in a marriage could have a damaging affect on your credit report if you do not take …
Applying for multiple credit cards at one time is not the way to build credit when starting fresh. In doing this, you rack up multiple inquires on your credit report, which sends red flags to all potential lenders. As a result, you are denied and those inquires will stay on your credit report for two …
By the time you finish reading this article, you will have a better understanding on how to settle a debt. When entering the settlement game, there are techniques that you should not use when you first start negotiations. For starters, don’t appear to look desperate for a settlement because the creditor may use it against …
Let me ask you a simple questions. Do you know what laws regulate the collection agencies? The Fair Debt Collection Practices Act regulates the collection agencies and prohibits them from violating the following seven FDCPA laws. . They can only contact a third party to secure your location, but they cannot disclose the matter of …
Negotiating debt is no hard task, you just need knowledge, and skills on where and how to begin. If you approach debt settlement with the right plan, you can save thousands of dollars. Listed below are a few tips on how you can start the process. Negotiating debt Tip 1 Which accounts should I settle …
If you lost your home due to a foreclosure or a short sale, and you did not pay the difference, you may have a mortgage deficiency and believe me, it’s not good. The deficiency is the amount your home sold for less what you owed the bank. Sometimes, you may be obligated to pay the …
When someone debts exceed their annual income, they turned to the federal law where they surrender their assets to a third party trustee who sells them to pay off outstanding debts. Any other debts left accept for child support, student loans, back taxes, and alimony is discharged. Bankruptcies can be removed though they take time, …