It’s the new year and I know many people try to start the new year with a good financial plan. I know paying off your debt could be in your plan to reach your goals but you should validate your debt before paying the debt. Send the letter below via certified mail, which will notify you that the letter was received, to the debt collector. They have 30 days with a 15 day cushion to respond, if they do not, use the certified receipt to dispute the debt on your credit report. If they respond and they cannot validate the debt, use that letter to dispute the debt on your credit report. If they happen to respond validating the debt, you should then start with negotiating payment arrangements.Name Street AddressCity, State Zip CodeCollection Company NameStreet AddressCity, State Zip CodePhoneRE: Validation of Debt Letter for Your nameDOB: x-xx-xxxx, Last 4 of…
One thing I love is a good bargain or sale or whatever you want to call it, but one thing I love more than that is FREE. Now sometimes free comes with some stipulations which may not make the free worth the time but in some rare occurrences the free is all the way worth it. One of those all the way worth it free things is Credit Karma. It’s secure [as secure as anything can be these days], has useful information, an app, and it’s FREE FREE FREE FREE FREE!! I know most people who have Credit Karma use the company for the free credit score, which is cool but I’m here to tell you why I don’t use it for the credit score. What to know about the free “credit score” you are getting? Here is the thing. The VantageScore 3.0 is not technically a fake score, lenders can choose…