Credit Repair – Your Rights

Statute Of Limitations Debt & Fair Debt Collections Act

YES Debt does have an expiration date as explained clearly in the statute of limitations debt laws in the fair debt collection act! However, many creditors and/or businesses will pass your debt from one debt collector to another in order to put fresh eyes on the case. A debt that you had ten years ago could resurface and a new collector could step out of the shadows and attempt to collect it.
continue

Statute Of Limitations

How do the statute of limitations apply to your debt? When it comes to your credit and debt owed, you may receive a threatening letter in the mail, that informs you of a debt from your past that has not received payment.  The letter may state that the collector is now going to take legal action against you and file suit if the debt is not paid.
continue

Finding State Attorneys

When it comes to repairing your credit, there might come a time that you wish to contact your state attorney for assistance. A state attorney is an elected official who serves two or more years in the position, and serves as a legal advisor within their elected state. Every state has such an attorney, and they are responsible for protecting consumers, like yourself, from fraud.
continue

Consumer credit counseling programs are designed to help people who may find it difficult to manage debts. Research shows an increasing number of people struggling with debt and with poor credit history.

Most people in this situation, initially attempt to solve the situation by themselves by keeping a close eye on the accounts and reducing their spending. However, if this doesn’t work then it is time to seek help from a financial expert.
continue

Credit Card Debt Management

Credit card debt management has become a necessary part or our daily lives – at least for those who borrow – since America and other developed economies are credit-based.

Debt Management has become even more necessary since the advent of the credit card which is the most available out of any financial product out there. In fact, more than 70% of the U.S. households have at least one credit card.
continue