Archive for the 'Credit' Category

credit card debt garnishment

Wage garnishment legal in New York State?

Is Wage Garnishment in New York legal?? Please read the entire question before jumping to answer. I have been informed by a very credible source that New York state does NOT allow wage garnishment for unsecured debts like credit card debts. (Taxes, child support, and federal student loans [...]

help with credit card debt

i paid off my credit card debt and cancelled the credit card and they are still charging me?

i had a small debt of $91.33 which is big to me because i am a high school student and i only have a part time job. so my bank is Wells Fargo and i had a debt [...]

credit card debt collections

One of the greatest fears people have when they are considering credit card debt settlement is being sued by a creditor or debt collection company. The question is often asked, “What are the chances of them suing me while I’m trying to work out a credit card debt settlement?” To understand the answer you must [...]

consumer credit card debt

If the Fed bought good credit card debt ?

If the fed bought a percentage of credit card debt from the stressed middle class that had good credit ratings would that free up more consumer money.
Say for example buying 4000 dollars of an 8000 debt that the family paid 20% interest, then charged the family [...]

credit card debt law

I heard there was statute of limitations law for credit card debts?

how can i find out about this
also what happens after it runs out?
your credit score goes down?

There is a state statute of limitations which is the time frame a creditor has with which they must file any claims in court to collect.
Each state has [...]