The need for a good credit score is an increasingly important fact of life. Not only do credit scores influence your ability to get a loan, but they are also now often used to determine whether you will be hired for a job or allowed to rent an apartment.
Category Archives: Credit Card Debt Archives
People all across the country are struggling in this economy. Unemployment and foreclosure rates remain high, and an aging population is ending up with mounting medical bills that they cannot cover.
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……
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.
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.