With the world running on credit more and more, it’s essential for every individual to check their free annual credit report. Technically, you should be checking your credit score every few months to keep it on track, but if you can’t, make sure you get a credit report at least once a year. Benefits of…
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Personal loans are a popular method of obtaining financing in the US. According to TransUnion, Americans held more than $117 billion in personal loans as of the end of last year. Most personal loans are unsecured, meaning that lenders don’t require collateral. However, before approving you for a loan, they’ll need to be sure that…
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With millions of new cases every year, identity theft is an issue that is growing in prevalence. Those that are affected by identify theft could find themselves with fraudulent debt issues, a damaged credit score, and other negative issues. Since it can be such a significant problem, all people need to be on the alert…
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The average American consumer continually gets credit card offers. Applications for new cards can be seen at retail locations, received in the mail, or viewed on the internet. Consumers receiving these offers on a daily basis should be careful to consider when the right time is for them to apply for new credit offers. Do…
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A debt management program is a form of voluntary debt repayment program that is managed by a nonprofit consumer credit counseling agency. Before you opt to use this type of service; however, you should know that it has some unique advantages and disadvantages. Therefore, it’s essential that you carefully consider its pros and cons. What…
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Debt can make it difficult to lead a worry-free life. This makes it essential to create a plan to get things back on track when you’re falling behind. Constructing an efficient debt relief strategy is necessary to fight against accruing interest and avoid harming your financial future While you’re considering the right things to do,…
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Although credit cards provide convenient and on-demand purchasing power beyond your stream of income, they also come with factors that can make the debt costly and potentially impossible to pay back. Want to know why credit card debt is so difficult to pay off? Creditors have three significant advantages in keeping you on the debt…
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No, a person can’t go to jail for not paying credit card debts. The U.S. ended the use of debtor prisons centuries ago. However, that doesn’t mean a credit card company doesn’t have legal alternatives for owed debt. The most efficient way of doing so is by filing a lawsuit in court for the credit…
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If you owe a considerable debt because you didn’t pay your credit card bills or pay back a loan, it can have a negative impact on your finances. Not to mention you may also face a lawsuit that’ll present itself in the form of a civil summons. Creditors and debt collectors have the right to…
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If your mailbox is frequently full of preapproved credit card offers, it may be a sign that you have good, or even excellent, credit. These offers often indicate that card issuing companies believe you are a good credit risk. At the same time, many people with bad credit are also targets for the so-called “credit…
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. Heather Weis | Benveniste Law Offices Call us 847-849-1163