Monthly Archives: November 2022
If Only Buy Now Pay Later Helped Your Credit Score
They say that necessity is the mother of invention, and the financial hardships brought on by the COVID-19 pandemic and its aftermath have led consumers and businesses to get creative with ways to stay financially solvent. Buy Now Pay Later (BNPL) services have increased their popularity exponentially over the past several years. BNPL allows… Read More »
Repairing Your Credit After A Military Scam
In the long term, joining the military is a wise financial investment. When you retire from a military career, you have access to a pension, but you are also young and healthy enough to look forward to a long professional career as a civilian, and your experiences in the Armed Forces will have enabled… Read More »
What Is The Difference Between Co-Signing And Adding An Authorized User?
Many consumers consider it a priority to improve their credit scores, since this enables them to qualify for loans and increase the credit limit on their credit cards. Credit repair companies offer to use a variety of tactics to boost your credit score quickly. If they are only using legitimate means, then all of… Read More »
Surprise Medical Bills In The Age Of The No Surprises Act
Even though it seems like the prices of everything have skyrocketed in 2022, the bills that patients receive for emergency room visits have gotten less expensive. Pursuant to the No Surprises Act, healthcare providers cannot charge patients out-of-network prices for emergency medical services provided on or after January 1, 2022. In other words, even… Read More »
Can The Consumer Financial Protection Bureau Make Junk Fees Go Away?
A common complaint among the 99 percent is that it is expensive to be poor. Unless you are rich, banks and businesses charge you to use your own money. ATMs charge you fees to access money that is already in your bank account. Credit card companies and utility companies charge you fees if you… Read More »
Consumer Financial Protection Bureau Aims To Amend Regulations On Credit Card Late Fees
Credit card debt is one of the most frequently cited sources of financial hardship among consumers who file for bankruptcy protection or seek the services of debt lawyers. Low-paying jobs and gigs with little or no paid leave or employer-provided health insurance are the norm; meanwhile, most of life’s necessities are expensive, from housing… Read More »
Using Social Media To Get Out Of Debt: Dos And Don’ts
When you were young, your grandparents balked at how little you hesitated to enter your credit card information online to make purchases or even enter your bank account number in an online form in order to receive direct deposit payments from your job. Today, social media sites like Facebook, Instagram, and Facebook are an… Read More »
What To Do If You Can’t Afford Your Credit Card Payment This Month
According to recent estimates, more than 60 percent of American adults are in debt, and many of them must resort to credit cards to pay for necessities such as groceries and utility bills. Between inflation, the aftermath of Hurricane Ian, and the approach of a new fly season and perhaps even a new COVID… Read More »
Consumer Financial Protection Bureau Urges Credit Reporting Agencies To Fix Errors On Consumers’ Credit Reports Promptly
Anyone who has been in debt for a while, which is almost everyone two-and-a-half years after the COVID-19 pandemic first arrived in Florida, has seen advertisements by companies that promise to improve your credit score quickly for a price. While some of these are outright scams, others can genuinely give your credit score a… Read More »
What Is The Cheapest Way To Deal With A Lawsuit From A Creditor?
Business to consumer lawsuits were rare a few decades ago, but today they are on the rise, especially in states like Florida, which offer little protection to consumers. Creditors and collection agencies have the right to sue you over credit card debt, unpaid medical bills, and many other kinds of consumer debts. If you… Read More »