Welcome, visitor! [ Login

Post an Ad

Financial Recovery

Debt-Credit Consolidation December 12, 2021

Financial Recovery

 

Learning to control credit use is not easy, but self discipline is the key.  A general guide suggested by financial counselors is that your annual installment debt (excluding mortgage) should be no more than 20% of your take-home pay.  Use credit as a convenience but not for impulse buying of things you cannot afford.  Avoid using your credit card for cash advances except in an emergency, because you will pay interest from the date you received the cash advance and there is usually an extra cash advance fee.  Pay the balance in full each month when possible, limit the number of cards you use, and keep expenses to a minimum.

 

When your income in not sufficient to pay all your bills, consider using a credit counselor to help you develop a workable plan to pay your bills, control spending and avoid bankruptcy

 

No Tags

698 total views, 1 today

  

  • Debt Collectors -Recovery Services- MA

    by on June 20, 2022 - 0 Comments

    Entity Address Telephone Bonded Collection Corporation 49 Winter Street, Weymouth, MA, 02188 (312) 279-8300 GC Services Limited Partnership  GC Services 5230 Washington Street, West Roxbury, MA, 02132 (405) 621-6414 Western Mass Credit Corp. 70 Post Office Park, Suite 7011, Wilbraham, MA, 01095 (413) 596-9977 United Collection Bureau, Inc. 15 Union Street, Lawrence, MA, 01843 (419) […]

  • Debt Collectors -Recovery Services - PA & VA

    by on April 22, 2022 - 0 Comments

    Entity Address Telephone Monarch Recovery Management, Inc. 10965 Decatur Road, Philadelphia, PA, 19154 (215) 281-7500 Monarch Recovery Management, Inc. 9350 Ashton Road, Suite 101, Philadelphia, PA, 19114 (215) 281-7500 Central Credit Services, Inc. Five Neshaminy Interplex, Suite 117, Trevose, PA, 19053 (215) 333-2272 Tate & Kirlin Associates, Inc. 2810 Southampton Road, Philadelphia, PA, 19154 (215) […]

  • Debt Collection FAQs: A Guide for Consumers

    by on June 29, 2022 - 0 Comments

    Debt Collection FAQs: A Guide for Consumers If you’re behind in paying your bills, or a creditor’s records mistakenly make it appear that you are, a debt collector may be contacting you. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the Fair Debt Collection Practices Act (FDCPA), which prohibits debt collectors from […]

  • 5 Tips for Getting the Most From Your Credit Card

    by on May 5, 2022 - 0 Comments

    Pay on time. Paying your credit card account on time helps you avoid late fees as well as penalty interest rates applied to your account, and helps you maintain a good credit record. A good credit record leads to a higher credit score, which helps you qualify for lower interest rates. Know the date your […]

  • Credit Repair: Have You Been Victimized?

    by on April 8, 2022 - 0 Comments

    Have You Been Victimized? Many states have laws regulating credit repair companies. State law enforcement officials may be helpful if you’ve lost money to credit repair scams. Don’t be embarrassed to report a problem with a credit repair company. While you may fear that contacting the government could make your problems worse, remember that laws […]