Statute of Limitations (SoL) on Debt Has Expired - Sample Letter to Creditor or Debt Collector
Posted under credit repair, debt collectors, fix bad debt, improve credit report, remove collection accounts, sample credit repair letters
This post was written by fixbadcredit on October 30, 2008
Sending Your Last and Final Payment to Creditor or Collection Agency- Sample Letter
Finally you feel a sense of close relief that you are paying the final payment on a debt that has held you back financially. When sending your last payment, you will need to confirm that the creditor or collection agency acknowledges that what you are sending them is now your final payment of the debt.
Posted under debt collectors, fix bad debt, improve credit report, sample credit repair letters
This post was written by fixbadcredit on October 29, 2008
Charge-offs will appear on your credit reports when you have a case of delinquency, if you stopped paying on a credit card or an installment loan. After about 6 months of not paying, the debt becomes severely delinquent. At this point the creditor can claim the whole unpaid balance and accumulated interest as a “CHARGE OFF”.
Posted under delete charge-offs, equifax, experian, fix bad credit, improve FICO score, improve credit report, transunion
This post was written by fixbadcredit on October 16, 2008
When a debt is “re-aged”, what exactly does that mean?
Posted under debt collectors, fix bad debt, improve credit report, remove collection accounts
This post was written by fixbadcredit on October 9, 2008
