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Can a Collection Agency Sue for a Debt?

Let’s assume for one second that you failed to stay informed about your credit by obtaining your free credit report. Out of nowhere, you get hit with a bunch of the repercussions that come with having...

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TED Spread – What Is It?

What does TED stand for? TED is an acronym formed from T, for T-bills, and ED, for the Eurodollar futures contract. What is the spread? Originally the spread was between the interest rates for...

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How to Spot a Credit Junkie

With the recent financial turmoil, it is clear: Our country has a lot of credit junkies. This is not synonymous with people who may have a shopping addiction, which I’ve written about. You don’t have...

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Top 5 Credit Score Myths Dispelled

As American consumers, we’ve all heard a lot about how important our credit scores are to our financial futures. With an endless barrage of advertising and marketing for free credit reports and credit...

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