Welcome, visitor! [ Login

Post an Ad

Financial Recovery

Debt-Credit Consolidation June 19, 2025

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

2228 total views, 6 today

  

  • Debt Collectors -Recovery Services- MA

    by on May 29, 2025 - 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 Collection FAQs: A Guide for Consumers

    by on June 7, 2025 - 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 […]

  • Debt Collection: What You Need to Know

    by on July 3, 2025 - 0 Comments

    Debt Collection If you are behind in paying your bills, you can expect to hear from a debt collector. A debt collector is someone, other than the creditor, who regularly collects debts owed to someone else. Lawyers who collect debts on a regular basis are considered debt collectors, too. What You Need to Know You […]

  • Credit Counseling & Debtor Education : Wisconsin (WI) USA

    by on May 3, 2025 - 0 Comments

    Financial Management Instructional Courses /Debtor Education Agencies Name,  Website , Courses Offered & Languages Supported Debtor Education Agencies   address Forbes & Newhard Credit Solutions, Inc.         Website – forbescs.us:      Financial Management Instructional Courses (Debtor Education) Delivery Method – Telephone :   Language (other than English) in which the service method is provided, either through a translator, written […]

  • 5 Tips for Getting the Most From Your Credit Card

    by on April 13, 2025 - 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 […]