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Tag Archives: business
Debt collection and debt collectors; what to do
As the economy soured so did the credit bubble and the business of collecting bad debts mushroomed. When a loan goes south, the lender will often sell the debt to a third party collection agency. On average the debt collector … Continue reading
Credit Check Errors Go Unchecked!
Americans are virtually powerless to correct damaging mistakes in their credit reports because of loopholes and obstacles in the federal law governing credit-reporting agencies, an Ohio newspaper reported. The lack of government regulation allows errors that wrongly deny thousands of … Continue reading
Posted in credit bureaus, Credit Disputes, credit law, Credit Reporting Agencies
Tagged business, credit bureau, Credit Bureaus, credit law, credit repair, credit report, credit reporting act, credit restoration, credit score, dispute, economy, Equifax, Experian, FCRA, fix bad credit, lawsuit, ohio man, personal finances, personal information, privacy, repair my credit, Safe Haven Credit, suing the credit bureaus, yearlong investigation
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Fired For Her Credit Score!
Fired for having student loans? Latoya Horton says she was fired from her job as an accountant, not because she did anything wrong, but because her employer checked her credit report and decided her debt-to-credit ratio was too high. Latoya … Continue reading
Can You Be Taxed For Forgiven Debt?
If you’ve received a surprise 1099-C tax form in the mail, you may be wondering if it’s taxable income for you. I want to explain. The 1099-Cs popping up in people’s mailboxes are really fallout from the financial crisis over … Continue reading
Posted in Debt collection, Finance, Taxes
Tagged 1099-c, business, cash out refi, chargeoff, credit card debt, credit cards, debt, debts, economy, foreclosure, forgiven debt, government, income tax, IRS, personal finances, politics, real-estate, taxes
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