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What Does Debt Buying Mean?

What Does Debt Buying Mean?

In recent years, The Federal Trade Commission recognized that it receives “more consumer complaints about debt collectors, including debt buyers, than about any other single industry.” The reason for this increase in complaints about debt collectors is due to a...
What to Do If You Don’t Owe a Debt

What to Do If You Don’t Owe a Debt

Finding out you owe money to a Creditor is not exciting news. Finding out you owe money that you didn’t spend is even worse. Perhaps a debt collection agency called you demanding payment or you pulled up your annual free credit report and saw that you have a mark...
7 Steps to Deal with Bad Debt

7 Steps to Deal with Bad Debt

If you are close to falling behind on credit card payments, your mortgage, your car loan or any other debt, you are not alone. In a 2017 poll from Amino, 37 percent of Americans said they would go into debt if faced with a medical bill of $100 or more. It is easy to...
How to Get Out of Credit Card Debt

How to Get Out of Credit Card Debt

It is financially and emotionally crippling to have high interest credit card debt. According to CNBC, “55% of Americans with credit cards have debt.” According to Fool.com, The average American’s credit card balance is $6,194 as of the second...