A payday loan can help someone through a one-time rough patch. But the amount that must be paid back can multiple fast, with interest rates so high it is impossible to keep up. With the current economy, more and more people are considering using these types of loans, but is it the right choice?
“If [...]
You open your mail and to your surprise there is a check for $4,000 claiming you won a sweepstakes. Boy that money sure will come in handy right now. But wait, there’s a catch.
You’ve been instructed to wire a portion of the check to cover the taxes. You deposit the check and, after a couple [...]
Get copies of, study, and understand the legal obligations of each party under the: Fair Credit Reporting Act, Fair and Accurate Credit Transactions Act, Fair Debt Collection Practices Act, Fair Credit Billing Act, and Truth in Lending Act. The credit reporting agencies, your creditors, and the collection agencies you will deal with are not going [...]
Here is an example of terrible credit repair advice from the Independent, a major UK newspaper. In an article titled “If there’s a stain on your name, erase it yourself…” the paper said “Put simply, these firms do nothing more than you can do yourself with very little effort and at a fraction of the [...]
