Credit Counseling Article:

Okay so, what type of property can you have repossessed? Well, let's consider the word "Repossession" for a second. The word does suggest re-possession which means that the creditor taking back the property to 'repossess' it must have once possessed it in the first-place. Sure, that makes sense, right?

Creditors can legally garnish your wages under certain conditions and through court order or judgement. Although there are laws in every state concerning this issue, Federal Law takes precedence. Judgement creditors can garnish your income but are limited to 25% of your earnings after mandatory deductions or the amount of your weekly wage that exceeds 30-times the then-current minimum wage where you live, whichever is lower.

If you are facing a lawsuit over a debt, you might want to seek the assistance of a debt defense attorney. Why? Well, perhaps you don't feel you owe the money. You feel the amount is in dispute. Maybe the other party did not fulfill their obligations to you. You believe the creditor used unlawful harassment tactics to try to bully you into paying. There are many laws that protect consumers from rogue creditors and less-than-ethical contract collection companies.

It's extremely important that you take the time to review your credit reports every year. Once you've pulled the reports from the relevant websites, you must carefully review everything to ensure that it is 100% accurate. If you see any errors or questionable items, then you need to have them removed. It helps to consult with the best company to repair your credit.

There really are some legit credit repair services out there. However, you need to learn how to weed out the scams. Avoid any "promises" such as "Get a 720+ Score in Under 60 days!" or "Repair Your Credit and Get a High Score in a Month!" Such so-called "guarantees" are considered to be not only poor taste but against a law in some places.

Large debts and poor credit often go hand in hand. That's why it's great to know...

Step 1: Pay your bills on time - Your payment history accounts for approximately 35% of your credit score more than any other factor. If you have a history of paying bills late, you need to start paying them on time. If you've missed payments, get current and stay current. Each on-time payment updates positive information to your credit report. The longer your history of paying bills on time, the higher that portion of your credit score will be.

It is always important to search for the best trade finance advices you can get before making any investment. You should spend your assets wisely. Here is a guide to better understand the advantages of trade finance advisory.

You must have recently come across the advertisement by a leading bank saying that 'if you have a Credit Score above 750, avail home loans at cheaper interest rates'. For the first time in India, this kind of an offer of lower interest rate has been made by any bank or lender based on the Credit Score. Now a day's financial institutions, banks, credit card companies and money lenders use Credit Score Check to approve loans or credit facility to customers.

It's one of the worst afflictions when one is in debt and being chased by creditors. It's worse when one loses everything previously owned and often find they are homeless as a result. To see the repossession agents who pull up and strip their property away from them is one of the most horrendous of all feelings.

Manage yourself and your money. Money is like food; we don't eat only when we're hungry, and we certainly don't spend only when we need something.