Financial

How Can A Credit Lawyer Help Me Fix a Credit Report Error? How Bad Credit Impacts Your Life Think of your credit report as an entire record of your financial history. It includes information like how much debt you have, whether you make your payments on time, and whether you have any negative items like […]
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Credit Control LLC (CC) is a debt collection agency based in Hazelwood, Missouri, that purchases debt from major creditors. They also specialize in healthcare collection and have a “dedicated healthcare collection” division. The Better Business Bureau has accredited this business since 2012.    Credit Control has been known for its aggressive and unethical collection practices […]
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Debt is overwhelming in and of itself. However, when debt collectors start to get involved, it can add additional stress to an already challenging situation. Dealing with debt collectors can be difficult—especially when you’re unsure if you’re being contacted by a legitimate entity or a scammer. When bills on a credit card, car loan, or […]
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How to Repair Your Credit after Identity Theft Good credit is your key to numerous financial opportunities. Even if you are financially stable, if you have bad credit, you could still miss out on many opportunities that rely on checking your credit history. Various financial decisions could cause you to have a speckled credit history, […]
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Student loans plague the minds of millions of Americans, but people often have more financial obligations than student loan debt to worry about. Your budget may already be stretched thin between other debts, bills, and necessities. If you are experiencing financial hardship on top of everything, it may feel impossible to honor every financial obligation, including your student loan payments.

Unfortunately, defaulting on your private student loans can greatly impact your financial health, resulting in consequences you may not have anticipated. Many people don’t realize that defaulting on federal student loans can affect your job prospects, and the same
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If you have received notice of legal action against you by Discover, you need to respond promptly before they take a default judgment against you. Discover sues consumers who have defaulted on credit card payments and are hoping you will ignore their lawsuit so that they may collect payment through wage garnishment, property lien, or […]
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Creditors like Synchrony Bank have been known to harass consumers over unpaid debt. As a consumer, you should know that you have rights and are protected by specific federal laws. If you think you have been harassed or experienced unethical collection practices, speak to an experienced debt lawyer at McCarthy Law for legal assistance.    […]
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National Enterprise Systems (NES) is an Ohio-based third-party collection agency that was founded in 1987. NES has received many consumer complaints regarding its unethical debt collection practices, especially violations of the Fair Debt Collection Practices Act (FDCPA). Behaviors of unethical collection include threatening illegal action against consumers and improper conduct and sharing of information.    […]
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Friends support each other through difficult times, but you’ll rarely see friends willing to cosign a loan. There’s a good reason for that. In any relationship, money matters can complicate things. When your friend asks you to cosign a loan for them, they’re asking you to take on a big responsibility. Anyone who cosigns a […]
Continue Reading Should You Cosign a Friend’s Loan? 3 Risks of Cosigning Any Loan

Parents are usually their children’s biggest cheerleaders and champions for getting a higher education. Many parents will do whatever it takes to help their children get into college and obtain a degree, including supporting them in getting student loans. The impact of student loans on the students who follow them is well discussed, but when […]
Continue Reading How Do Student Loans Impact Parents? One Student Shares Their Story

Student loans are a rising issue. Private student loans are primarily an issue because they have high interest rates and are not afforded the same options for relief as federal student loans.  However, they are similar to federal student loans in that they are extremely difficult to qualify for bankruptcy. Going to college or university is essential to accessing many quality career paths. However, the need to take on private student loans to obtain a higher education can affect your career choices.

Your student loan decisions can impact many of your decisions further down the road. If you’re having trouble
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