Debt

To discuss the payment of a bad debt, call or write to a collection agency. While engaging with a debt collector over the phone may expedite the process, interacting with one on one with a debt collector can be scary. If you don’t want to speak with the collection agency, write them a letter describing […]

10 Techniques Used by Agencies to Get Clients to Pay Their Bills on Time What do you do when a customer refuses to pay? You can take your client to small claims court if he refuses to pay after a fair period of time and collecting effort. Small claims cases usually have cheap fees, and

If you want to know how to get out of debt, you should know that the most popular method is to file for bankruptcy. It’s permanent after you’ve discharged your debts this way. That means creditors can no longer lawfully pursue you for payment. There will be no more menacing letters or phone calls. There

Unfortunately, your credit report does not include your full account number for security reasons. Only the paperwork related with the account has your entire account number, or you can contact the particular creditor who supplies that information. Contact information can be found under Accounts on your credit report. How do I find out my creditor

If your debt-to-income ratio is at or above 36 percent, you should consider taking actions to lower it. You could do so by: Increase the amount you pay toward your debt each month. Extra payments can help you pay down your debt faster. Don’t take on any more debt. Reduce the amount you charge on

Overall, we know that children from low-income families still have the most difficulty obtaining a college diploma. Even before student debt becomes a concern, unstable home life, lower-quality high schools, and other common corollaries of low-income communities create a slew of challenges. The path to a degree appears to be easier for kids from middle-class

Medical collections can be removed from your credit report in three ways: 1) Send a goodwill letter requesting relief, 2) Negotiate to have the medical bill reporting removed in exchange for payment (also known as a Pay For Delete), and 3) dispute the account until it is removed. Following this step-by-step procedure is the best

Investors can purchase sovereign bonds in a variety of ways. Treasury bonds can be bought directly from the US Treasury, through TreasuryDirect.gov, or through most US brokerage accounts. Buying foreign sovereign bonds, on the other hand, might be far more complicated for investors living in the United States, especially if they want to use U.S.

Debt settlement is one option. You employ a lawyer or a debt-settlement firm to negotiate with creditors on your behalf in order to pay less than you owe, perhaps significantly less. You make a single, lump-sum payment and then you’re done. To begin with, some companies will not consider debt settlement, and there is no

The debt-to-equity ratio of a firm can indicate its overall financial health to lenders and investors based on how much leverage it has. The debt-to-equity ratio is calculated by dividing the total liabilities of a firm by the total equity of its owners. For most organizations and industries, a desirable debt-to-equity ratio is less than