Debt Education
How to Collect After Winning a Court Case
After winning a court case and getting a money judgment, collecting on the claim is usually a tedious process. There are various reasons why disputes can escalate to the small claims court, from unpaid bills to bad checks. Even if the court may have a repayment meeting to plan the way forward, debt collection is…
Leer más5 Tips to Improve Your Credit Score
Your credit score reflects your trustworthiness and ability to meet your financial responsibilities. A credit score ranges from 300 to 850, and it is based on the information in your credit report. The higher the score, the more creditworthy you are; however a low score makes everything harder. FICO and Vantage Score are the most…
Leer másHandling a Sudden Large Sum of Money
You’ve heard the saying, “A penny saved is a penny earned”? On the other side, “a dollar saved is a dollar lost.” You’ve also heard that money is like water — it always goes downhill. These aphorisms have a grain of truth, but this doesn’t mean you should never save money. However, saving is a…
Leer másGeneration Z Spending Habits
Although most Generation Z hasn’t reached employment age, they influence the spending habits in modern homes by a great deal. Generation Z has more spending power than other generations. Zoomers monitor their spending habits, know where and how to shop, and are keen on the prices. Let’s dig into Generation Z’s spending habits. What is Generation…
Leer másMillennial Spending Habits
Millennials are very different from prior generations in many ways, which makes millennial spending habits peculiar. When it comes to their finances, they seem to be more interested than their parents and grandparents in using their money in ways that may benefit causes close to their hearts. So, they were more likely to buy from…
Leer másBaby Boomer Spending Habits
As you age, your spending habits may change. Adults go through significant life events such as purchasing a home, getting married, or having children. These events may affect the rate at which you save and how you allocate the money you are spending. Every generation spends money differently, as various things define each of them.…
Leer másDebt Management for Small Businesses
Debt can spiral out of control quickly and affect your business in ways you never even imagined. That’s why small business owners must educate themselves on debt management techniques to handle the situation appropriately. From effectively budgeting to planning for emergencies, there are many different ways you can ensure a healthy business without risking the…
Leer másThe Consumer Credit Panorama in 2022
Are you worried about the state of your credit? You’re not alone in a world where technology changes by the day. It’s hard to keep track of what constitutes “good credit” and what could potentially damage your score. Whether you’re looking to buy a house or want to keep your options open, understanding consumer solvency…
Leer másDebt Collection FAQ
To help our readers understand the basics of this practice, we have created this article to address some debt collection FAQ. Debt Collection FAQ Below, you’ll find a debt collection FAQ to guide you through this practice. Don’t hesitate to contact us if you have any more doubts! Q1. What is a debt collector? It…
Leer másUnited States Demographics of Debt
According to recent information published in reports, more than 300 million Americans are indebted to creditors; the pandemic’s impact is responsible for the bulk of this record high. According to experts, it is the highest annual spike in over a decade. Credit can be good for those trying to build their credit history and score,…
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