A recent Washington Post article on credit scores (“Credit Score Shell Game“) is very illuminating. It’s one more example of how the world of credit cards is getting less warm and fuzzy and how struggling Americans can get scammed in the process. The gist of it is that: Credit scores are becoming more important as …
Understanding your credit score in the new economy Read More »
If Gabriel Garcia Marquez had struggled with his mortgage, he might have written Love in the Time of Foreclosure (http://loveinthetimeofforeclosure.blogspot.com). Instead, it’s a blog being currently written by a young woman in California describing the process of going through a foreclosure and her efforts to stay positive and keep perspective on everything. On the topic …
Watch out for credit counseling ads with language like this: negotiate to alter your total debt – instantly! We negotiate your interest rate! Pay one bill per month while paying off your debt quickly! One simple monthly payment! Non-Profit Agency means the lowest fees! I always strongly advise my clients (as well as everyone else …
Don’t believe the hype: Credit counseling services and debt settlement companies Read More »
This post is intended to let you know about a particular kind of scam to watch out for, especially for debtors in a Chapter 13 bankruptcy case. In a nutshell, scammers often try to take advantage of people who are in need of a job. This affects people who have filed for Chapter 13 bankruptcy …
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