Paying collection agencies is not always the right thing to do if your primary concern is increasing your borrowing potential. For several reasons, paying collection agencies is something can have a very negative effect on your borrowing ability due to the negative effect on your credit score that it causes. Making regular payments to a…
Category: Collection Accounts
Move Past Your Mountains in Life
“…you have stayed long enough at this mountain.” (Deuteronomy 1:6, NIV) Are You Stuck at the Base of Your Mountain? Do you wake up each day looking forward to your financial future? Or, have you been caught under the weight of a mountain of financial difficulties which makes it seem as though you’ll spend the…
Obtaining Debt Validation
Repairing your credit reports is done by following an established and regulated process. In many ways, credit repair is similar to the process of discovery in a legal proceeding. You are entitled to review the evidence that is being used against you by the collector as the basis for the claim they are making against…
The Debt Collection Process
Imagine you are walking down the street and a person that you do not know, let’s call him Kurt, comes up to you and demands that you give him $5,000, which he claims that you owe him. You explain that you do not even know who he is let alone owe him five grand. He…