The Truth of Credit

So how is business?

Granted, there are plenty more delinquent accounts than their used to be. However, they are almost impossible to settle. Credit Bureaus have 25 to 30 delinquencies that are extremely hard to collect on. Also it seems like everyone I talk to lately is in foreclosure or in the beginning stages.
To counter that my [...]

Want to know what the best way to avoid your debt?

For all the things that is wrong with the credit card industry this is the biggest loop hole in the system. I cannot tell you how many debtors that owe in access of over $100K in revolving debt that have left the country. There is [...]

Will my family be held responsible?

One of the most common myths floating around these day is that when you die your debts are forgiven. Not so fast! Many individuals assume that when they die their debt is forgiven, but debt does not work that way. The reality is that if you die while still owning [...]

Is it really worth it to get a Gas Credit Card?If you fill up at the same gas station every week, then it’s probably a smart move especially if you get a credit card that focuses on one gas station so that you can save more money per gallon. However, if you’re the type that [...]

Are you scared to negotiate on your debts?One thing that I have learned during my time as a debt collector is that someone who knows the process can totally manipulate the situation. When it comes to credit card settlements you are in the “power position” when negotiating mainly because you are the one with the [...]