Category Archives: Consumer Protection


How Long Can a Creditor Take to Collect a Debt in New Jersey?

Let’s say you bought something on credit but the vendor’s bill never showed up in your mailbox. You thought you hit the jackpot! But then, one day, the company woke up and now you find it’s time to pay the piper. How long can a creditor wait before attempting to collect on debt? “I am……
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Fed Raises Interest Rates

The Federal Reserve raised interest rates this week. Although the move to hike interest rates for the first time in 2016 – and for just the second time in a decade – was anticipated, many market observers and economic experts were taken aback by the Fed’s announcement that rates could rise in 2017. Moreover, next……
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Federal Reserve Announces Interest Rate Hike

The Federal Reserve just announced an interest rate hike, which could have a major impact on the average American’s finances going forward by affecting the interest rates for new car purchases, credit cards and home mortgages. The rate hike comes at an important moment for the U.S. economy, with more and more Americans struggling to……
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Bankruptcy Statistics Drop, but that Doesn’t Mean Much for Those in Debt

According to the Fitch Ratings’ Report, annual U.S. personal bankruptcy filings are dropping for the fifth year in a row. However, the report also states that the rating decline should begin to level off soon, as lending guidelines become more lax. Total bankruptcy filings are predicted to fall another eight to 10 percent in 2015…….
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