It’s hard to believe that COVID-19, the global pandemic, has been with us for over a year now. It’s been a challenging year, to say the least. Americans and citizens of the world alike have gotten used to a new way of living. Families have dealt with many unforeseen changes, and there’s not one person…
Energy generated by solar panels is a great thing for consumers. But so are cars, credit cards, and mortgages. Like those products, at the heart of getting solar panels is a complex and complicated consumer financial transaction. And while there are surely great and honorable solar panel companies and solar panel sales reps, there are…
According to § 15 U.S.C. 1692e of the Fair Debt Collection Practices Act, “A debt collector may not use any false, deceptive, or misleading representation or means in connection with the collection of any debt.” Attempts to collect money, which is not legally owed is a big and frequent problem. And that is why the…
Your wages are suddenly garnished. You discover there was a lawsuit against you, and a judgment was entered. But you never knew about it. If this sounds familiar, you may be a victim of bad service (also known as “sewer service”). In 2019 the late Justice Ruth Bader Ginsburg described “sewer service” in the Supreme…
The COVID-19 pandemic meant that students in the United States who had just graduated from college were not greeted with a wide variety of jobs or opportunities in the marketplace. Rather many industries shut down, and the economy set into survival mode. While some measures have been put into place on state and federal levels…
There are many different types of creditors working in the US, and as with any profession, some are more forthright than others. During the last quarter of the fiscal year, you have many creditors or even scammers looking to make their quotas before the year’s out. That is why it’s important to understand the laws…
COVID has caused an unprecedented level of financial devastation: record job loss, businesses destroyed, crippling medical debt….AND YET, THE DEBT COLLECTORS DON’T STOP. Tens of millions of Americans have been forced to choose between putting food on the table or paying bills. And while the rest of us are coping with disaster, some unscrupulous debt…
In today’s credit-based society, almost all adults have at least some consumer debt: a mortgage, a car loan, student loans, credit card debt, or medical debt. While many people have heard of the Statute of Limitations, not everybody understands what it is. The statute of limitations is the time beyond which you can no longer…
Credit reports contain your credit history, status of various credit accounts, information about loans, debt, and more. Credit reports also contain a credit score that represents your “credit risk” (aka how likely you are to make payments back to a lender on time). The “big three” credit reporting agencies are Experian, Equifax and Transunion. In…
1. Maryland’s Miscellaneous Late Fee Statute The greater of:$5 / month, or10 percent of what’s owed For up to 3 months on a single missed payment or 1.5 percent of the amount that’s past due This fee can be charged until the owed amount is paid) Being Harassed About Your Debt? Click Here for Expert…