Need to write a credit letter? So, use these sample credit letters as templates for your successful credit letter.
Reading Time: 3 minutes When a person is having difficulty paying a debt because of unavoidable circumstances, they may write a debt settlement letter to request terms by which they can pay off the debt. This is the way to settle a debt such as credit card debt that is unsecured by property. The person may write the letter, or …
How to Write a Simple Letter to Settle a Debt with Creditor Read More »
Reading Time: 3 minutes When creditors need to call in a debt that is not being paid by a consumer, they may give the problem to a debt collecting agency. Sometimes, debt collectors can be extremely persistent and actually harass a consumer. If this happens, the consumer can send a cease and desist (C&D) letter to the collection agency requesting …
How to Write a Cease and Desist Letter to Collection Agency (with Sample) Read More »
Reading Time: 3 minutes Getting a college education is becoming more and more expensive, but it is essential for people who want to have a top-paying career. Of course, there are famous billionaires who dropped out of college, but this is not the usual way to wealth. A student loan is what is required for most people, and it is …
Reading Time: 3 minutes A good credit score can make the difference in the amount of interest a person pays on a loan, whether or not he or she gets a job or is allowed to rent an apartment or home. It is important for consumers to take the trouble to manage their credit report. Unfortunately, it is possible for …
How to Write a Debt Validation Letter to Credit Bureaus (with Sample) Read More »
Reading Time: 3 minutes A “Promise to Pay Letter” is a promise to pay a debt that is put in writing. These documents may also be known as a loan note or a loan agreement and is sometimes called an I.O.U. In most cases, the promise to play letter will be prepared by a loan officer at a bank or …
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Reading Time: 2 minutes Over one-hundred and sixty million people in the US have credit cards today. Credit is a necessity for everything from renting or buying a home to making hotel reservations. A credit card is one of the major ways people establish and build their credit. The average credit card holder owes over $15,000 in debt. How …
How Your Credit Card Balance Affects Your Credit Score Read More »
Reading Time: 3 minutes A credit score has a big impact on the amount of money an individual spends. With a low credit score number, they pay more interest for credit cards, home loans, other debt and for insurance. With a high score, they can save substantially on all types of debt. Consumers can also have a big impact …
Reading Time: 3 minutes There are several reasons a consumer may want to reduce their credit card interest rates. Credit cards are very convenient until payments get behind. If that happens, the interest charges usually go up and may be equal to or more than the minimum payment on the amount due. Credit card companies may also raise rates for …
How to Write a Simple Letter to Reduce Credit Card Interest Rates Read More »
