The Truth of Credit

Educating the Least “Sophisticated” Consumer


Archive for March, 2008

I’m Not Going to Answer

 At least 70% of the calls I make on a given day go to voicemail or go unanswered.  Granted most of the time people maybe at work, but what really gets me are the debtors that refuse to pick-up the phone when they are at home.  It is impossible for someone to call everyday for [...]

No Comments

The Most Dangerous Debt of All!

 There are two certainties in life, Death and Taxes.  Although both can be postponed you will pay the price either today or another when your “due date” comes.  Since Death is not a subject of this blog we will focus on Taxes. Liens are the preferred method of Internal Revenue Service (IRS). Therefore, a tax [...]

2 Comments

The Art of the “Hidden Fee”

 Fees are where the banks make their money. This is not a secret but some of the charges they make are “mysterious” to say the least. You as your own financial advisor need to stay vigilant of some of these tactics and avoid them at all cost. Here is an example:
In the past, it was [...]

No Comments

Don’t Cut Up your Credit Cards

  How many times have you heard it that the first step to financial independence is to cut up your credit cards? In this blog we have covered the many evils of the credit card industry itself but, who is really pulling the strings here?
There is nothing more maddening then when a debtor or anyone [...]

No Comments

The 3 Goals of Debt Collectors

No, in case you’re wondering it’s not a goal to harass, embarrass or irritate your relatives. These goals are the foundation of all collection efforts. It is an impossible to collect if all 3 of these goals are not obtained.  Today we will explore these goals and give you some insight into how these may [...]

No Comments
Rss Feeds