Should I get a written confirmation when settling debts?

Most definitely. Whenever you settle or pay off a disputed debt, always get a written agreement from the creditor or collection agency before you send payment. It is not unusual for collection agents to lie about settlement terms in order to get their money, then demand the remainder of the debt once the payment has been collected.

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Hidden deep in the small print of your credit card terms and conditions, you may find the dreaded policy known as the "Universal Default Clause". This clause gives credit...

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How to Choose and Use a Balance Transfer Credit Card


Advertisements promoting zero-percent balance transfer offers can look quite appealing when high-interest credit card debt is keeping you up at night. What could be better than transferring your debt...

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