Archive for the ‘Predatory lending’ Category

What is the Statue of Limitations for Debt Collection? The Statue of Limitations (SOL) is the amount of time that a 1st Party Creditor, or the 3rd Party Debt Collector can legally collect on a debt. Once a Debt has past the Statue of Limitations for  Collection, the 2nd Party “Debtor” can not be successfully [...]

Are You A Victim of Predatory Lending? If you have debt, I hate to tell you this but,  you might be a victim of Predatory Lending.  I found a bunch of what I call “Credit Predators” (aka Predatory Lenders). Predatory Lending, has been in full swing since 2000, after the Commodity Futures Modernization Act (CFMA) [...]

How About A Quick Riddle? “I am Good and evil, ugly and pretty, as well as responsible and irresponsible. What am I?“ We were forwarded an email from The Center for Responsible Lending .  They are driving a march toward a ‘Fair Shake’ for Credit Card Holders.   We took action and emailed our  Senators Bill [...]