What You Risk By Talking To Collection Agencies and How to Protect Yourself

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What can go wrong when you talk with employees from collection agencies?
A lot.

It’s not to say that you shouldn’t communicate with employees from collection agencies when they contact you about a debt.  However, you should think very carefully about what you say to them before you open your mouth.
The Collection Agency Employees Are Not [...]

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What Is A Credit Score And How Can You Get Your Free Credit Report?

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What Is A Credit Score?
If you have a credit card or if you’ve ever applied for a loan, tried to buy a home or a car, you’ve probably heard of FICO.
FICO stands for Fair Isaac Corporation, a company that began in the 1950s. It was founded by Bill Fair, an engineer by trade, and [...]

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First Steps To Paying Off Debt

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William Shakespeare had some wise advice regarding debt: “Neither a borrower nor a lender be; For loan oft loses both itself and friend”.
It seems that most of America isn’t listening to him, because by 2008, total household debt totaled $13.8 trillion. And in 2009, unfortunately, we’re seeing the end results of that [...]

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How to Negotiate Indebtedness: Debt Settlement

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It’s awful easy to get into serious debt nowadays.  Sometimes a medical emergency or situation comes up in the family.  Even if your family has medical insurance, the cost of critical care can be extremely expensive and could cause a severe financial hardship.
Other times we just live beyond our means.  Or we make poor financial [...]

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