• Debt

    8 Tips for Dealing with Debt Collectors

    Nobody likes having to deal with debt collectors, but it is unfortunately a necessity sometimes. When you learn how to do this, you will make your life a whole lot easier. Simply ignoring these people will not solve anything, so you need to take some sort of action as soon as possible. This article will explain how to deal with debt collectors in a truly productive way.

    1. Take Stock of Your Debts

    You will want to start off by finding out how much money you owe so you can get a better idea of your financial situation. It’s also important to identify every creditor that you are in debt to before proceeding. Make sure that you request a copy of your credit agreement so you can look it over. The creditor will be obligated by law to provide you with these documents. It’s also a good idea to tell the debt collectors you owe money to that you only want to be contact via traditional mail. This will help you get relief from the harassing phone calls, emails and texts.

    2. If you Can Pay, Do It.

    If you have the money to pay your creditors, you should definitely do it right away. The sooner you get your debts settled, the sooner you can gain financial freedom. Once you have paid off all the money you owe, make sure it is reflected in your credit report. This can help boost your score considerably. Those who do not pay off their debts have a very difficult time raising their score.

    3. If You Can’t Pay, Set up a Repayment Plan.

    If you cannot pay back the money you owe to creditors, you should reach out to them to set up a repayment plan. Most debt collectors will be willing to work with you to come up with a solution that works for all parties involved. This will allow you to make regular payments on your debt so that you can avoid having a negative mark on your credit report for a long time.

    It is also a good idea to look into getting some helpful information from a debt charity, as it could be of great assistance in this type of situation. Those who collect one of these charity agencies will get about one month grace period. This will give you a decent amount of time to get your finances in order. There are a lot of charitable organizations that can help you out, so you will need to look into some of them.

    4. Know Your Legal Rights

    It is a fact that debt collectors have no legal right to enter your home forcefully. Even bailiffs need written permission before they can be allowed in your home. Bailiffs can come into your home without your permission if you leave a door unlocked, so you will need to keep that in mind. The basic rule here is that they can get in as long as they don’t cause any damage whatsoever.

    Debt collectors can get a portion of your wages until you have satisfied the debt, but it’s up to a judge to decide how much they can take. They cannot do this if you are unemployed or self-employed though.

    5. Don’t Say More Than You Have to

    It is never a good idea to say more than you absolutely have to when you are speaking with debt collectors. Always try to make each conversation as brief as possible, because otherwise you could end up getting yourself in trouble.

    6. Always Try to Negotiate

    Since most debt collectors are open to negotiating, you should definitely try to do this. Negotiating with these people can actually help you save some money and get more time to pay what you owe. Just explain your financial situation and tell them what you can afford to pay.

    7. Dispute Any False Claims

    If a debt collector falsely claims that you owe them money, always make sure that you deny owing anything in writing. This way there will be a written record of your dispute. If it goes to court, this can work in your favour.

    8. Keep Records of All Correspondence

    It is also a good idea to keep a record of all correspondence that you have with your debt collectors. Save every piece of physical mail as well as e-mails that you get. This information is very important.

    Don’t Ignore Your Debt Collectors

    Whatever you do, don’t simply ignore your debt collectors. There are always certain steps that you can take to work towards a resolution with them. Those who ignore these problems in life will find themselves buried in debt with a horrible credit score. The lower your credit score is, the more difficult it will be to get the loans you need.

  • Make Money

    7 Ways to Start Earning More Right Away

    If you want to start earning more on a regular basis, there are many different ways to do so. When you explore some of these options, you will be able to boost your income significantly. Everyone wants to earn as much as they possibly can, but few people actually know how. This information will help you maximize your earning potential with very little effort.

    1. Choose a Rapidly Growing Industry

    One of the best ways to ensure that you make a good amount of money on a regular basis is to get a job in an industry that is growing quickly with no signs of slowing. Take some time to research your options so that you can make the right decision. The fact is that some industries are growing faster than others, so choose carefully. Getting into the wrong line of work can make it very difficult for you to earn the kind of money you want. You might want to consider getting a job in the tech industry, as it is booming right now.

    2. Get a Job with the Right Kind of Boss

    The boss that you work for will definitely play an important role in determining how much you can make at your job. The last thing you want to do is to take a job with a boss that you don’t like working with, because it’s a recipe for disaster. If your boss is kind and supportive with you, there is a good chance that you will be able to get raises at regular intervals. You want to do everything you can to avoid getting stuck in a dead-end job with a boss that won’t work with you at all.

    3. Improve Your Attitude

    Another good way to put yourself on the path to earning more right now is to adopt a more positive attitude. Those who go through life with a cynical perspective have big problems with earning as much as they could. You will likely be surprised at what a huge difference a shift in attitude can make when it comes to earning more. One of the best ways to judge your current overall attitude is how you respond to stress. Those who are truly positive individuals can handle a decent amount of stress without falling apart.

    4. Go the Extra Mile at Work

    Those who go above and beyond what is expected of them are usually the ones to get promoted and earn more than the people who just do the bare minimum. This will require a lot of hard work on your part, but it is going to be well worth it in the end. The more of yourself you put into your professional life, the more you are going to get out of it. Employers are always looking for people who are willing to go the extra mile. Start getting to work earlier and leave a bit later.

    5. Make Yourself Stand Out in a Good Way

    There are a number of ways that you can make yourself stand out to potential employers to increase your chances of making more. You can get additional certifications in your line of work, which will likely make a lot of companies willing to pay you more than other candidates. When you are viewed as being special in some way, you can expect to be paid better.

    6. Ask and You Shall Receive

    If you feel as though you have earned a raise and are due one, just ask your boss. If they refuse to give you a raise, you might want to think about going somewhere else to look for employment. You don’t want to stay at a company that doesn’t appreciate the hard work you do for them.

    7. Start Your Own Side Business

    Those who want to supplement their income should think about starting a small business on the side. Many people are using the internet to their advantage when it comes to making more money, and you can do the same. Whether it is setting up your own online store or monetizing a blog, there are plenty of ways to earn money on the side from home.

    Never Stop Trying to Earn More

    You will never want to stop trying to earn more money, because giving up won’t get you anywhere. It is important to just keep going, even when you feel hopeless. There are so many different ways to make more money that you are bound to find one or two that will work. These methods of increasing your income are quick and effective. You have to be willing to put in the hard work in order to see results though. In the end you will be glad you did these things.