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When it comes to debt collection, creditors can pursue individuals to recoup money owed. However, there are certain laws in place that dictate the types of practices creditors can use. Accordingly, the Fair Debt Collection Practices Act prohibits creditors from...
Understanding the limits to which a debt collector can legally act is an important step in figuring out how to tackle a situation of debt. This includes knowing your protections under the Fair Debt Collection Practices Act. Defining misrepresentation The Consumer...
Many people have heard about class action lawsuits before, especially because they tend to get a lot of press. But what exactly are these lawsuits? How do they work, and what purpose do they ultimately serve? How class action lawsuits are filed ClassAction.org...
For most Americans, buying a home means taking on a potentially large mortgage. However, even short-term financial problems can make it difficult for the average family to keep up with monthly payments. Unfortunately, fraudulent lenders and others posing as lending or...
New Jersey residents have had it with towing companies - and they are fighting back. In a lawsuit filed recently in the Superior Court of New Jersey, residents accuse a towing company of engaging in unlawful and fraudulent practices. These practices include...
Carrying cash is slowly becoming passe as digital payment apps continue to grow. However, with that technology comes problems that go beyond “growing pains.” Apps that facilitate digital payments continue to grow in popularity. Considerable advantages exist when using...
Having a poor credit history can make it even more difficult to get by when you are struggling financially. You may have seen advertisements for credit repair companies offering to eliminate bad credit, and you may wonder whether their claims are too good to be true....
When you receive a notice from a collection agency, you may wonder if you can negotiate the debt with the original creditor. Like many consumers, you may be unfamiliar with creditor procedures and the difference between the collection company and the original...
You likely have received a notice that you may be a party to a class action lawsuit. Usually, these cases involve a claim against a large company or entity that did something negligent. When you sign onto a class action, you will lose your right to file a lawsuit...
Your credit report is one of your most important documents, even though you seldom see it. It contains personal information about you and your credit usage and payment history. Every time you apply for a loan, a credit card or even a new apartment, the company to...
