Credit card debt has affected many Ohio residents, and a common concern is whether proof of the debt can be requested. According to the Fair Debt Collection Practices Act, consumers have the legal right to request verification provided that the request is made within...
FICO scores help lenders assess the risk of lending to individual borrowers. However, according to a 2014 report from the U.S. Consumer Financial Protection Bureau, people who have mostly medical debt are penalized too severely compared to those with unpaid credit...
Discharge can signal a point of major relief for an individual who has dealt with major life events that have resulted in unexpected financial stress. In many cases, creditors have used ruthless tactics in an effort to obtain payments, making personal bankruptcy a...
Moving balances from one credit card to another and taking advantage of interest-only payment options can be financially damaging to people throughout Ohio. As the length of time it takes to pay a debt back extends, the overall interest charges will continue to grow....
