The Fair Debt Collection Practices Act
From time to time, many well meaning borrowers fall behind on their bill payments. It may be that the borrower has lost his or her job, has run into unexpected expenses or has simply borrowed more money than he or she can afford to repay. Whatever the reason, many borrowers who fall behind in their payments begin to receive phone calls from persistent debt collectors. Often, …
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The Pros and Cons of Electronic Check Conversions
Today, many businesses are processing check payments as electronic check conversions. Typically, this allows businesses faster access to the funds in your checking account. Many consumers may be unaware that an ordinary paper check that is processed as an electronic check creates has different implications for them. This article will highlight some of the pros and cons of the …
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