Notes About Business » Credit

Tips On Recovering From Filing For Bankruptcy

Mallory Megan — Sat, 07 Aug 2010 08:04:00 +0000

As the recession gets worse, more and more Americans are falling into debt, and more of us are declaring bankruptcy every day. Bankruptcy can be seen as a fresh start, absolving you of much of your debt and payments, but it will also destroy your credit report, remaining there for ten years, and diminishing it by several hundred points. In most cases, bankruptcy should be seen as a last resort because of how important it is to maintain a healthy credit score. If you are forced to file for bankruptcy, there are certain measures you should take to ensure that you can get on the road to financial recovery as quickly as possible.

Tips On Recovering From Filing For Bankruptcy is a post from: Notes About Business

Legal And Illegal Tactics A Debt Collector Will Use: Debt Collection Basics Part Three

Mallory Megan — Sat, 07 Aug 2010 07:59:57 +0000

In the first two articles I wrote about what a collections account was, how sending delinquent accounts out to an agency profits a creditor, and the act of a third party collection agency buying old debt from a creditor.

Legal And Illegal Tactics A Debt Collector Will Use: Debt Collection Basics Part Three is a post from: Notes About Business

Advanta Credit Card Scam

John Monderine — Sun, 18 Jul 2010 07:29:00 +0000

I sit at my desk completely frustrated with Advanta. I opened up a business credit card with them 3 years ago and made a purchase of $6500 to help build my business credit for Rapid Recovery Solution, my Collection Agency. I have paid more then the minimum every month, on time. About 3 months ago noticed that my interest rate seemed a little high. No where on my statement did it say the actual interest rate so I called the company. After 10 min or so I get a live rep on the line and they tell me it is 36.1%. Are they kidding, this must be a mistake. I have over a 750 score and never missed a payment. They said they sent me a notice in Aug that they are doing this due to a change in there lending methods. It turns out this is the second time this year they did this. I went from 8.99% in Jan 08 to 18.99 in Feb 08 to 36.1% in Aug 08.

Advanta Credit Card Scam is a post from: Notes About Business

Hiring Outside Collection Agencies

Mallory Megan — Tue, 01 Jun 2010 07:15:43 +0000

When you find yourself in a situation that may lead to larger complications down the road, you try to find the fastest and most headache-free solution to the problem. It is always the best way to nip the problem in the bud before it even starts.

Hiring Outside Collection Agencies is a post from: Notes About Business

What Is Better – Getting Cash Today or Paying Late Fees Tomorrow

Fred Cash — Fri, 11 Sep 2009 07:15:16 +0000

No one likes to pay late fees. Late fees are those extra charges on bills that companies like to apply to not only to make sure people pay on time, but to line their pockets for nothing. There are all sorts of reasons that people get charged late fees for, but the most common is just that they didn't have the money to pay it. However, there are options for people that want to pay their bills on time and avoid late fees, but is it better to get cash today or late fees tomorrow?

What Is Better – Getting Cash Today or Paying Late Fees Tomorrow is a post from: Notes About Business

Some Tips On Debt Management

Ewen Iwas Walt Eman — Tue, 01 Sep 2009 07:23:46 +0000

It has become easier and easier to lend money and it is becoming more and more common nowadays. Even when people don't have the money it may seem like it because of this. Therefore a lot of people feel like they have to keep up with the lifestyle of the rest of society and in they feel like the only way to do that quickly is by lending money. By realizing this you can avoid this trap.

Some Tips On Debt Management is a post from: Notes About Business

Debt Consolidation Calculators- A Wise Option

Robert Billings — Wed, 19 Nov 2008 12:35:28 +0000

As more and more people all over the work find their debt problems getting worse and worse, robbing them of their money and energy, you can be different. To help you eliminate your debt, a wise option is the use of debt calculators. They have many advantages, such as giving you good answers to any questions you may have about your debt and helping you understand the benefits of consolidating your debt.

Debt Consolidation Calculators- A Wise Option is a post from: Notes About Business

The Importance of Budgeting for Debt Consolidation

Robert Billings — Sun, 16 Nov 2008 12:09:14 +0000

More and more people are starting to feel the strain of the economy. To reduce the stress, people look for ways to cut budgets, which is not always easy. An additional option is to consider a debt consolidation loan, which can reduce high credit card debt associated with ridiculous interest rates and over the top fees.

The Importance of Budgeting for Debt Consolidation is a post from: Notes About Business

A Comprehensive Debt Control Plan is Just What You Need to Get Out of Debt

William Blake — Thu, 13 Nov 2008 11:24:54 +0000

Do you feel like you are over you head in debts? Many see themselves buried in debt due to car loans, medical bills, student loans, credit card debt, etc. All of these debts can spell financial disaster as the majority of them are unsecured loans. Availing yourself of a comprehensive debt control plan is essential.

A Comprehensive Debt Control Plan is Just What You Need to Get Out of Debt is a post from: Notes About Business

Many Debt Control Options are Available

Robert Billings — Thu, 13 Nov 2008 10:45:46 +0000

When it comes to debt control options, there are many, although some are easier to implement than others. A great option is changing your credit card for a debit card. This will help you avoid taking on new debt as your spending is limited to your account balance.

Many Debt Control Options are Available is a post from: Notes About Business