Better Credit Blog

APRIL 1, 2022

Instead, you now owe the money to the third-party debt collector. If the entry is listed as a “collection” or it’s simply listed as “delinquent,” you’re more than likely going to have to deal with Capital One as the debt collector. Why would this kind of debt settlement work?

Debt collector 73

Debt collector Credit Card Debt Third-party Debt Collectors Collections 73

Better Credit Blog

MAY 4, 2022

You can even lower the total amount you have to repay if your debt consolidation method offers a lower interest rate. There are several ways to consolidate debts. In this guide, we’ll walk you through your options and show you how debt consolidation could simplify your repayments and save you money. Monthly Payment.

Debt Consolidation 70

Debt Consolidation Consolidate Debt Personal loans Loans 70

Better Credit Blog

FEBRUARY 17, 2021

To collect your debt, they must first open a collection account on your credit report. This entry can remain on your report for as long as seven years and impact your ability to qualify for loans and credit cards. Founded in 1986, Fidelity Collections is familiar with the issues that face customers with medical debt.

Collections 52

Collections Debt collector Healthcare Debt settlement 52

Better Credit Blog

JANUARY 20, 2022

It was for a PMSI loan for an outdoor wood burning furnace. I had to make my own payment arrangements with the debt collector so that we could keep our furnace. I also have solar panels with FDR; fortunately for me that is an unsecured loan, so they can help with that one.” – Laura Whipple, 4-star review, TrustPilot.

Creditors 76

Creditors Credit Card Debt Unsecured Debt Debt settlement 76

Collection Industry News

MARCH 28, 2022

The Department has also begun licensing debt collectors. Proposed registration includes debt settlement services, student debt relief services, postsecondary education financing, and wage-based advances. Research and Market Monitoring. For more information about the DFPI, visit their website at [link].

Debt collector 40

Debt collector Education Credit Unions Credit Unions 40

Sawin & Shea

MAY 2, 2024

If you qualify for Chapter 7 bankruptcy, our attorneys can guide you through the process of eliminating unsecured debts, such as credit card balances, medical expenses, and personal loans, within a matter of months. However, certain debts like child support, alimony, and other domestic support obligations cannot be eliminated.

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Unsecured Debt 52

Credit Corp

APRIL 2, 2024

A credit lawyer—also called a credit repair lawyer—is an attorney who’s qualified to help you repair your credit and fight debt collectors. Due to the loss of income, you had trouble paying your bills, such as your car loan or electric bill. What Is a Credit Lawyer? For example, say you lost your job a year ago.

Lawyers 52

Lawyers Lender Repossession Debt settlement 52

Collection Industry News

DECEMBER 1, 2022

The most common types of debt that go to collections are credit card balances and medical bills , but there are many other reasons why people go into debt. Rent, student loans and tax debts are other examples of what can get passed on to a collections agency. million cases to 4 million cases nationwide.

Collections Agency 40

Collections Agency Collection Agencies Credit Card Debt Collections 40

Better Credit Blog

FEBRUARY 11, 2022

Rated the best debt relief company on Trustpilot. A Guide to Debt Settlement Services. If you’re on the brink of bankruptcy, a final option before filing is to try the services of a debt settlement firm. As Experian notes , “Debt settlement is a risky process with no guarantee of success.”.

Debt settlement 72

Debt settlement Creditors Lender Unsecured Debt 72

Troutman Sanders

APRIL 19, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. The company was operating without registering as a debt settlement service provider as required by Minnesota law.

Financial services 52

Financial services Student Loans Student loans Financial Institution 52

Troutman Sanders

JULY 26, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. The guidance resulted from concerns that debt collectors would seize the funds. For more information, click here.

Financial services 52

Financial services Student Loans Student loans Garnishment 52

Credit Corp

MARCH 4, 2025

Taking the proactive step of negotiating debt with creditors offers several key benefits. Negotiating a debt settlement allows you to find a solution that works for both parties. Its possible you didnt originate the debt yourself, and if thats the case, you can dispute it. Stay Friendly Debt is a nerve-wracking topic.

Creditors 52

Creditors Debt collector Debt settlement Original Creditor 52