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How To Reduce Debt Buyer Collection Lawsuits

Last week the CFPB and the FTC held a workshop to address what happens to unpaid debts at different stages of the debt collection cycle. The workshop brought together state and federal regulators, economists, major banks, debt collection agencies, debt buyers, consumer advocate attorneys, technology companies, members of the judiciary, credit reporting agencies, and more. …

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The Weirdest Excuses People Give for Not Paying Their Bills on Time

A few weeks ago, an acquaintance asked me about my job, and upon hearing that I write about budgets and credit cards (and such), she had something she wanted to share. She doesn’t like to pay her credit card bills on time, she told me, because it makes her nervous to see her bank balance …

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Cambridge Credit Counseling Talks About Fair Share Creditor Funding

Below you will find the latest release from Cambridge Credit Counseling regarding their transparency project. I personally do have to give them a huge hat tip for their unique willingness to post open and transparent information about the measurement of their services and client performance. You can see more about your their latest data release, …

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Nice Move by Chicopee Savings Bank to Fund Financial Literacy Project. Hat Tip.

Cambridge Credit Counseling announced the release today of the agency’s latest edition of its Learn Now or Pay Later guide to financial literacy. The project was underwritten with grant funding provided by Chicopee Savings Bank’s Charitable Foundation, in recognition of the community education initiatives conducted by Cambridge throughout Western Massachusetts. According to Cambridge’s president and …

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Can I File Bankruptcy for My Mother With Dementia? – Vincent

“Dear Steve, Father passed away 10 years ago, mom getting very up in age (over 90) moved to florida after dad passed away to help mom out – live with her and we share expenses to make house run. I became my mom’s legal power of attorney and health care surrogate a few years ago …

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All About Cambridge Credit Counseling Corp.

Company Name Cambridge Credit Counseling Corp. Owners/Managers Christopher A. Viale, President & CEO Thomas W. Hebert, Chief Financial Officer Tracy Guay, Clerk Of the Corporation Physical Street Address 67 Hunt Street Agawam, MA 01030 Contact Information 1-800-CAMBRIDGE (1-800-226-2743) info@cambridgecredit.org Website CambridgeCredit.org Description of Services Provided Cambridge Credit Counseling Corp. is a 501(c) 3 non-profit credit …

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Should I Go With Take Charge America or Cambridge Credit Counseling? – Lynn

“Dear Damon, I have $60k in debt and am trying to find the best debt consolidation company to use. I have contacted Take Charge America and Debt Counseling Corporation. I saw on on the Get out of Debt Guy’s website that he recommends Cambridge Credit Counseling. Which debt consolidation company do you recommend, base on …

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Cambridge Credit Counseling Releases Latest Performance Report

Cambridge credit counseling has release it’s latest performance report showing the effectiveness of their program. This group was the very first credit counseling organization to actually release information that described the effectiveness of the credit counseling solution in order for consumer to make a good informed decision before joining. Cambridge believes that the unfiltered reporting …

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