How To Negotiate Credit Card Debt.
If there was ever a time when credit card holders had leverage to negotiate a better deal on their credit card debt, now is the time!
With near record bankruptcies and unemployment, credit card issuers have had to write off a lot of uncollected balances. This makes credit card companies much more likely to [...]
Dirty Tricks Of Debt Collection: What You Need To Know And How You Can Deal With Them.
WalletPop had a post yesterday about the dirty tricks of debt collectors.
The article highlights an experience of Ken Golde, who harassed by debt collectors after his business partner died unexpectedly, leaving him to deal with more than $200,000 in debt.
This may be an unusual case, be it show how some debt collectors have no decency [...]
How Bad Debt Management Can Really Hurt You.
Many people realize too late that they have a problem managing their money. This epiphany usually comes when a 5 figure credit card bill is staring them in the face. It happened to me, and it can happen to you. I was lucky in that mine was a low 5 figure amount, and I had [...]
4 Options For Bills In Collections.
What can you do when you don’t have health insurance and you can’t pay your medical bills that have been sent to a collections agency?
Well, that’s the question recently fielded by Bankrate.com’s Justin Harelik.
The reader’s mother has been dealing with bills for her open-heart surgery that were sent to collection in 1996! She worked [...]
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