Debt Collectors Can Now DM, Email, and Text About Unpaid Bills: Here’s What Consumers Need to Know
If you have unpaid debts, don’t be surprised if you start seeing notifications from debt collectors in your social media inbox. Recent changes from the Consumer Financial Protection Bureau (CFPB) now permit collectors to reach out through text messages, emails, and even direct messages on platforms such as Twitter, Instagram, and Facebook Messenger. New Rules […]
Understanding Your Rights: How the Law Protects You from Debt Collector Harassment
If you’ve ever dealt with debt collectors, you know it can be stressful. Thankfully, a law called the Fair Debt Collection Practices Act (FDCPA) is designed to protect consumers from unfair, deceptive, or abusive practices. But what does this really mean for you? Here’s a straightforward guide to your rights. Which debts are covered by […]
Understanding Foreclosure: Know Your Options and Avoid Scams
If you’re facing foreclosure, it’s normal to feel overwhelmed or uncertain about what comes next. But remember, you’re not out of options. You can still take action to either keep your home or sell it quickly before the foreclosure process concludes. How Does the Foreclosure Process Work? The foreclosure process varies depending on your state. […]
Payday and Car Title Loans: Why They’re Risky and What You Can Do Instead
Understanding Payday Loans Payday loans might seem tempting if you’re in a financial bind, promising quick cash when you need it most. Typically, these loans are small—around $500 or less—and are supposed to be repaid when you receive your next paycheck. But there’s a catch: payday loans often come with very high fees, and lenders […]
