Attorney Edward Hanratty sent in the following information. The state of New Jersey has enacted a law that protects student loan borrowers from abuse by student loan lenders. NJHESAA/NJCLASS, are you listening? It requires that student loan lenders, other than the federal government and big banks, be licensed and regulated by the state of New …
Debt collectors and their law firms are now buying, collecting and filing lawsuits at an ever-increasing rate. Typically, these collection agencies and their lawyers make their money by buying old, mostly charged off accounts and filing lawsuits to make tons of money off you and similarly situated victims. The good news is that these debts …
When it comes to money management, debt consolidation is one of those topics that can easily intimidate. While the idea is simple enough, the challenge of being approved for new credit and choosing the right credit product is where things quickly become complicated. This guide will walk you through each step, so you can make …
I am an avid reader of the getoutofdebt.org newsletter. Just today, I read your article on the student who tried to smuggle cocaine into the U.S. to pay off his student loans. It was heart-wrenching, mostly because I realized that I am not the only individual who has thought of absurd quick money makers to …
It’s no over-exaggeration to say that bankruptcy can and does change your life. Not only can recovering financially be a challenge, but it also takes a toll on your emotional health. If you’re in this position, re-building your credit score can be a struggle. But we want to reassure you that with the right strategy …
If we were to pass you a few hundred pounds at the end of every year, we’re guessing that you’d snatch our hands off. This is exactly where these top ten lists come in, which covers everything from sharper money management to savings made through vouchers. 1. Cleo – Say hello to Cleo – the …
Here is a press release from National Debt Help in the UK. Your credit score can creep and reach into all aspects of your life.; from being able to rent an apartment, to buying a home, even onto securing certain types of jobs. Yet with credit more freely available than ever before, vast numbers of …
Trust Deeds are a legally binding agreement in the UK between you and your creditors to make set repayments over a period of four years. At the end of this period, your unsecured debts would typically be written off. When they work, with all repayments made, Trust Deeds are an effective tool for helping people …
Capital One (NYSE: COF) is helping demystify business credit for today’s business owners with the launch of Business CreditWise, an easy-to-use tool providing unlimited, free access to a company’s credit profile. Business CreditWise is available to any U.S. business (not just Capital One customers) and can be accessed at any time without impacting business credit. …
If you’ve taken the first steps to finally tackle your debts head on, it probably didn’t take all that long to come across a debt solution that seemed to be mentioned time and time again. We talk of course of an Individual Voluntary Arrangement (or IVA for short). Record numbers of individuals are turning to …