Creditors and collection agencies have a set amount of time to sue people who are behind on their credit card bills. This is called a statute of limitations; in most states, according to the U.S. Federal Trade Commission, the window is between three and 10 years. In New Jersey, the statute of limitations by which……
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Category Archives: Credit Card Debt Archives
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How credit card debt can live on after a person dies
For many folks across New Jersey, credit card expenses and bills are regular concerns. Many people struggle with building credit, maintaining monthly payments and the repercussions of missing these payments. Before they know it, people can become buried under credit card debt.
CARD Act helping consumers avoid, understand credit card fees
When many of us open our wallets, we may see that we have at least one credit card tucked in there that is a source of anxiety.
Stats point to signs of improvement in U.S. credit card debt
Credit card debt is still a heavy burden for many people throughout New Jersey, but there are signs that consumers in general are getting their card spending under control. Let’s look at some of the recent numbers gathered by credit reporter TransUnion.
Keeping debt solution options in perspective
Financial stress is something that many people find themselves dealing with on a daily basis. Many people wake up worrying about how to pay bills and go to sleep thinking about what to do about debt.