News From Our Blog

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From the Pew Research Center:

By many measures, more borrowers struggling with student-loan payments


If you’re struggling with student loan debt, there are steps you might be able to take to help. Check them out.

Image description:

From the Pew Research Center:

By many measures, more borrowers struggling with student-loan payments

If you’re struggling with student loan debt, there are steps you might be able to take to help. Check them out.

Image description: When it comes to budgeting and debt, 61 percent of U.S. adults admit to not having a budget, and one-third of U.S. adults indicated their household carries credit card debt from month-to-month.
Learn more about American trends with personal finance from the 2014 Consumer Financial Literacy Survey conducted by the National Foundation for Credit Counseling.

Image description: When it comes to budgeting and debt, 61 percent of U.S. adults admit to not having a budget, and one-third of U.S. adults indicated their household carries credit card debt from month-to-month.

Learn more about American trends with personal finance from the 2014 Consumer Financial Literacy Survey conducted by the National Foundation for Credit Counseling.

Contacted By a Debt Collector? Proceed with Caution

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From the Federal Deposit Insurance Corporation (FDIC)

Consumers who fall behind on credit card payments or other bills sometimes hear from a debt collector. But people who don’t even owe any money may find themselves contacted by a debt collector…or someone who falsely claims to be one. Here are key points to know.

  • If a third-party collector (not your original lender) contacts you about a debt you owe, federal law requires you to be treated fairly and without harassment.

  • If you are contacted about a debt owed by a deceased relative, be careful. You may not have any legal obligation to pay these debts. Don’t send any more until you verify these claims.

  • Be aware that con artists sometimes pose as debt collectors. They may even claim to be from the government, including law enforcement, when attempting to collect on a non-existent debt. Warning signs include a caller who is unwilling to provide written proof of a debt (the amount of the debt and the name of the creditor you owe), who won’t provide a mailing address, or who threatens jail or violence.


Learn more about your rights when dealing with debt collectors.

Dealing with debt can seem like an overwhelming process, but it doesn’t have to be. Use these realistic tips to get back on your feet financially.