I changed my contact information, how do creditors find me? In today's digital age, creditors and collectors are increasingly turning to sophisticated technologies to locate debtors and collect unpaid debts. With advancements in skip tracing software, automated dialing systems, location tracking tools, and social media monitoring, these collection agencies are…
The Basics: Why You Can’t Get Approved For a Loan or Line of Credit Being rejected for a loan can leave you feeling defeated, embarrassed, and sometimes even confused. This is especially true if you have a good credit score, a high income, or other positive financial attributes. Why wouldn’t…
If you're going through a vehicle repossession, it can be an overwhelming and emotional time. But it's important to understand the process and take steps to prevent it from happening, or take the necessary actions if it does. Remember, you're not alone in this situation. With the right steps, you…
What is debt-to-income, and how do I calculate it? Debt-to-income (DTI) ratio is a financial metric that compares an individual's total monthly debt payments to their gross monthly income. It is used to evaluate an individual's ability to manage their debt and is an important factor that lenders consider when…
