Archive for November 2019
What is Zombie Debt?
Every day, people buy spreadsheets for huge sums of money. On the spreadsheets: names, phone numbers, sometimes addresses. Creditor names. And dollar figures, supposedly representing an amount known to those creditors. The third-party debt-collection industry buys as many of these spreadsheets as possible, at “pennies on the dollar” price points compared to the amount owed.…
Read MoreWhat Happens if I Give My Car Back to the Finance Company?
It’s natural to start looking for options when your car payment turns out to be a little harder to manage than you expected it to be. If you’ve already explored refinancing and have been denied, what is your recourse? You might try to sell the car, but many people in your situation are upside down…
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