Now most of the companies who relied on ridiculous upfront fees are thankfully out of business. But there remain a few loop-holes…..or as I like to call them “L” holes.
Archives for February 2011
Deconstructing Risk
February 8, 2011 by Leave a Comment
The new FTC regulations were a boon for the industry. They did the unthinkable: Forced companies to only charge if they DO THEIR JOB. Wow…what a concept. It has turned the industry upside down. At least the 95 percent of it that needed to be turned upside down. Even though the law was almost a hundred percent positive, it yielded one unfortunate side effect:
Debt Collectors Hunt on Facebook
February 2, 2011 by Leave a Comment
They are insidious…they are mean….they are debt collectors. This business attracts only some of the most persistent and intrusive individuals in this country.
[Read more…]
I don’t have too much credit card debt…Do I?
February 1, 2011 by Leave a Comment
How much is “too much?”
This is a perennial question in life as it is in debt. I suppose if you have some rich Uncle about to kick the bucket, and devote his entire estate to you…You can be as in debt as you want to.
[Read more…]