4 Questions to Ask Credit Repair Companies

Posted by admin9 on Nov 25, 2021 in ARTÍCULOS, Blog | Comments Off on 4 Questions to Ask Credit Repair Companies When your credit is poor, it can feel like the end of the world. At the very least, it feels like the end of your financial freedom. It is not, though! By hiring one of the top credit repair companies for professional credit repair services, you can make your way out of the financial burden. Of course, you’ll only reap the most benefits and work your way to better credit if you hire the right company. How can you know which of the credit repair companies is the right one to work with? A good way to go about this process is to ask the right questions! Be sure to bring up the following with them: Question #1 What Credit Repair Services do You Offer? This is the most important question, so it is one you’ll want to ask first. Credit repair companies usually offer a wide range of services, all of which are designed to help you restore your credit. Common services include: Money managementsDebt managementCollection harassmentCredit repairBankruptcies Question #2 What Information Do You Need From me? You want to ensure that they have everything they need to ensure your success. Credit repair companies should give you clear instructions about what personal items and information you must gather to get started. A few things you may need to collect include: Credit reports Credit historyList of debtsCredit utilization ratePayment historyFuture credit plans (buying a car, applying for a mortgage, etc.) Question #3 Can I Hear From Past Clients? Unpaid debt happens to many people. One way to have peace of mind that you’ll reach your credit goals is to hear directly from others who have been able to do it. Credit repair testimonials are a great way to do this. If they’ve helped many of their past clients climb out of poor credit and the negative consequences associated with it, you can feel good that they’ll be able to do the same for you. Question #4 Can You Guarantee a Certain Score Improvement? This is actually a trick question, one you will ask to see if you’re dealing with a salesperson who is willing to say anything to get you to sign on the dotted line. In fact, it is illegal to tell a client that he or she will get a specific score improvement. Credit repair companies can tell you the typical score improvements clients receive as a result...
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Can You Tell a Debt Collector to Stop Calling You?

Posted by admin9 on Oct 29, 2021 in ARTÍCULOS, Blog | Comments Off on Can You Tell a Debt Collector to Stop Calling You? You know that you’re in debt, and it’s possibly even a result of financial mistakes you’ve made in the past. You’re working hard to pay off what you owe, but you can’t pay it all at once. The constant calls from debt collection agencies don’t do anything to change this fact. Can you tell a debt collector to stop calling? Actually, yes! The Fair Debt Collections Practices Act helps protect people just like you from predatory debt collectors when you’ve missed bill payments and gotten yourself too far into debt. One thing it covers is debt collector harassment and intimidation. Calling too often is debt collector harassment.  No matter how many times they call, when they call you, or where they call you, you are legally allowed to tell them to stop. Yes, you can do this even if they’re following all of the rules but you simply don’t want to hear from them anymore. It’s time you learn everything you need to know to make debt collectors stop calling you!  How to Get a Debt Collector to Stop Calling They’re calling you several times a day, even calling you at night. You have a right to tell the debt collector to stop calling you. If you follow all of the rules, they have to comply! You must do this in writing in order for it to be legally binding. If you tell a debt collector in writing to stop contacting you, it may not contact you again except to say there will be no further contact or to notify you that your creditor may take some specific action it is legally allowed to take, such as filing a lawsuit against you. Remember, even if they stop calling that doesn’t mean the ordeal is over. Your creditor may still file a lawsuit against you or make a negative report to a consumer reporting company. In your letter, you’re going to be as specific as possible about who they are, who you are, which debt they’re talking about, and the fact that you don’t want them contacting you any more. They have to stop calling you after this. If they don’t, they’re either breaking the law or scamming you. If you’re having trouble with debt collection, you can submit a complaint with the Consumer Financial Protection Bureau by calling (855) 411-CFPB (2372). They also have sample letters you can use...
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How Many Calls From a Debt Collector is Considered Harassment?

Posted by admin9 on Oct 29, 2021 in ARTÍCULOS, Blog | Comments Off on How Many Calls From a Debt Collector is Considered Harassment? When you’re in debt, the most important thing to do is learn how to deal with debt collectors as you work on repayment. Remember, when a debt collector calls you to collect on debt you owe, you have legal rights. The Fair Debt Collections Practices Act helps protect people just like you from predatory debt collectors when you’ve missed bill payments. One thing it covers is debt collector harassment and intimidation. Even if they are nice when they call, calling too often is debt collector harassment in and of itself. This leads to the question, how many calls from a debt collector is considered harassment? When do Repeated Calls Become Debt Collector Harassment? As briefly stated above, debt collectors are not allowed to do and say whatever they want. According to the Consumer Protection Financial Bureau, the law doesn’t give a specific limit on the number of times a debt collector can call you. What it does say, however, is that debt collectors may not call you repeatedly or continuously intending to annoy, abuse, or harass you or others who share the number. It isn’t only about how many times they are calling, but also when. Debt collectors cannot call you at an unusual time, or at a lace they know is inconvenient to you, like work. They are prohibited from contacting you before 8 a.m. or after 9 p.m. As well, you do have a right to tell the debt collector to stop calling you. You must do this in writing in order for it to be legally binding. If you tell a debt collector in writing to stop contacting you, it may not contact you again except to say there will be no further contact or to notify you that your creditor may take some specific action it is legally allowed to take, such as filing a lawsuit against you. Remember, even if they stop calling that doesn’t mean the ordeal is over. Your creditor may still file a lawsuit against you or make a negative report to a consumer reporting company. Safe Credit Solutions can Help You Deal with Debt Collector HarassmentYou don’t want to stay in debt, but you’re struggling to pay it all back. What can you do?  Safe Credit Solutions can help you! Our credit consultant will go over your current financial debt profile and help you to determine the best way to...
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What Happens to Your Unpaid Debt?

Posted by admin9 on Sep 27, 2021 in ARTÍCULOS, Blog | Comments Off on What Happens to Your Unpaid Debt? Did you know that some forms of debt don’t follow you around forever? If the statute of limitations has expired, the debt collector can no longer sue you to recoup the debt. But when does this happen? What happens to it when it does expire? And most importantly, will all debts expire? Safe Credit Solutions has the team of debt relief and credit repairs experts able to answer all of these questions and more. What happens to unpaid debt? Finding yourself unable to pay off a lot of debt can be one of the scarier situations in life. One reason it is so overwhelming is because it’s easy to feel like you’ll be stuck in debt forever. This debt will follow you around for the rest of your life. Your credit will be in shambles and you’ll never be able to get approved for new loans. Not so fast! Realistically, here’s what you can expect if you don’t pay your debts: Your debt will go to a collection agency.Debt collectors will contact you.Your credit score will fall.Your debt will follow you around for years.You’ll pay off the debt or not, but either way your life will go on. It’s important to keep in mind that there is a big difference between a $50 unpaid phone bill debt and a $50,000 credit card bill debt. It may be that an unpaid debt of $50 doesn’t cause you much grief. Other than your credit score going down for a while, maybe nothing happens other than a few dozen phone calls. That’s not likely to occur with a $50,000 debt, though. If you are late with a debt payment of this size, at some point you could be sued by the person to whom you owe the money. You will receive notice of a court date. If you don’t show up, you automatically lose the case. At this point, your wages will be garnished at 25% out of every paycheck. A lien can also be put on your home or car. There is a statute of limitations on credit card debt. It varies by state, but it’s generally three to 10 years. Your credit score takes a huge hit too. How long a collection stays on your credit report depends on the type of loan you have. Most of them stick around for seven years. Chapter 7 bankruptcies will show up for...
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How to Deal with Debt Collectors When You Can’t Pay

Posted by admin9 on Sep 27, 2021 in ARTÍCULOS, Blog | Comments Off on How to Deal with Debt Collectors When You Can’t Pay No one wants to be in debt. No matter the reason you find yourself in this situation, it can feel overwhelming when you aren’t sure of the way out. You don’t want to stay in debt, but you’re struggling to pay it all back. What can you do? Right now, the most important thing to do is learn how to deal with debt collectors. One of the most important things you need to know when a debt collector calls you is that you have legal rights. No matter what you owe and how far behind you are, they are not allowed to harass and intimidate you. There are ways for you to make a bad situation a little better.  How to Deal with Debt Collectors When You Can’t Pay Whether you’re a little short this month or seriously behind on payments, it is best you act quickly to minimize the damage of having debt you can’t afford. At this point, you don’t have a lot of great options but there are a few things you should do and a few things you should not do (even though you probably want to!) DO Ask for specific information about the debt Without admitting the debt is yours, get information from the debt collector. Ask who the original creditor was, the original debt amount, and how much is still owed. The more details the debt collector can provide, the better.  Try settling or negotiating Now is the time to see if the debt collector will settle for a portion of the cost if you pay up front. They may decide that some money is better than no money. If they still want the full amount due, you may be able to set up a payment plan. DO NOT Ignore the repeated attempts to contact you Ignoring a debt collector when a debt is yours can cause further damage to your credit score and report. Plus, it won’t work anyway. Debt collectors will continue to contact you until the debt is paid. Admit the debt is yours Did you notice above that we told you not to admit it is your debt? If the statute of limitations has expired, the debt collector can no longer sue you to recoup the debt. Admitting a debt is yours may reset the clock on old debt. This is why it is never a good idea to...
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Is There a Limit to How Many Times a Debt Collector Can call me?

Posted by admin9 on Sep 27, 2021 in ARTÍCULOS, Blog | Comments Off on Is There a Limit to How Many Times a Debt Collector Can call me? You know you have debt to pay back. You’re trying, but it’s taking longer than you had expected. With your regular bills, like your rent, car payment, insurance, food, gas, and other utilities, it feels impossible to set anything aside to pay down your debt. You’re trying, but the extra money just isn’t there. The company or companies you owe money to don’t seem to understand this, or at least not care. They keep calling…and calling…and calling… and calling. Do you feel you’re being harassed? Is there a limit to how many times a debt collector can call you? It’s time you learn more about the protections for you built into the law. How many times can a debt collector call me? First, one of the most important things you need to know when a debt collector calls you is that you have legal rights. Debt collecting agents must not use improper methods or any form of harassment when contacting you. This means debt collectors agents are not allowed to use abusive language or intimidate you with physical violence.  The FDCPA (Fair Debt Collection Practices Act) was approved in 1977 with the aim of eliminating abusive debt collection practices. Are you getting harassing calls from a debt collector at home or at work ? Are you receiving many calls per day from the same collector? Are debt collectors filling your voicemail box and calling at all hours of the day? You don’t have to put up with harassing calls. Some of these calls are illegal! Federal law doesn’t give a specific limit on the number of calls a debt collector can place to you. However, a debt collector may not call you repeatedly or continuously intending to annoy, abuse, or harass you. A debt collector can’t call you about your consumer debt at an unusual or inconvenient time. If a debt collector calls you before 8 a.m. in the morning or after 9 p.m. at night, it’s presumed to be inconvenient. You do have a right to tell the debt collector to stop calling you. Debt management with Safe Credit Solutions Once you are already in debt, it’s essential to learn how to handle that debt efficiently. We have a team of professionals here to help you to keep up with financial obligations and make sure that you pay your debts off as quickly as possible. If you can’t...
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