As you know, debt is a stressful burden, and dealing with collectors can be overwhelming. But what if the debt an agency is trying to collect is actually time-barred? In Minnesota, like many other states, there are laws in place to protect you from being sued for...
A new year means new scams abound
The new year is upon us, and with the new year come new scams. Fraudsters often use new technologies and upcoming events to trick and scare people. However, their goal is always the same: to get your personal information or money. Catching fraudsters is challenging...
What’s considered an abusive debt collection tactic?
Debt collection is a legitimate process, but it sometimes escalates into abusive practices. Understanding what constitutes abusive debt collection is essential for consumers to protect their rights and mental well-being. It's crucial to differentiate between...
How can identity theft impact your credit score?
Identity theft can have a profound impact on your credit score. Understanding the implications of identity theft is crucial in the digital age, where personal and financial data are increasingly vulnerable. Identity theft occurs when someone unlawfully obtains your...
What to do when you receive your first call from a debt collector
A debt collector can call a borrower regarding matters involving their debt. However, some debt collectors use this chance to engage in unfair practices. For this reason, it's crucial to be informed. Here is what to do when you receive your first call: Get the debt...