Sometimes one of the worse parts for people who owe money to creditors is the calls from the debt collectors. They can seem to be constant and force people to ignore phone calls and can create even more stress than they are already feeling due to their situation. Many...
Contracts form the backbone of many business transactions in Fayetteville and keep our state’s economy running. While most people follow through on their end of the agreement there are times when a person will breach a contract. There are two types of breach of...
The Fair Credit Reporting Act (FCRA) protects consumers by ensuring that their information is accurate and remains private in consumer credit bureau files. It also regulates how credit reporting agencies collect, access and use data contained within consumer reports....
We’ve all heard the stories of people being the victim of an elaborate scam and we may wonder how they even occurred and how we can avoid being a victim. Unfortunately, scammers are getting better at their jobs every day and it can be hard to recognize them. There are...
A creditor is an individual or entity that provides financing to another party. The creditor may allow the recipient of the loan to take some time before beginning its repayment. However, under the terms of standard loan agreements, a creditor will eventually be...
According to Merriam-Webster’s online dictionary, a consumer is someone who utilizes economic goods. Economic goods can be practically anything, from the food a North Carolina resident buys at their local store to the new furniture they order from an online vendor....
When a Fayetteville area resident goes to buy a car, it is often a long and involved process that can also be stressful. A person may be wondering if they are actually receiving a good deal on the car or if they are losing money on the purchase. Car...
The Fair Credit Reporting Act, or FCRA, is a federal law that is designed to make sure that the information on an individual’s credit report is correct and complete. The FCRA also ensures that this sensitive financial information is not shared except for legitimate...
Even in the best of times, millions of Americans struggle with debt. Perhaps needless to say, the past couple years have not been the best of times. Many of us are struggling more than ever. While North Carolina and the federal government have offered some help in the...
Debt is a way of life for many, if not most Americans. Homeowners live with mortgages, educated people live with student loans and many more of us live with car loans. No one likes debt, but we learn to live with it, and when times are good we make our regular...
