Blog Archives

Flashback Friday: What charge-offs are and how to prevent them

Posted on January 22, 2016 by Elaina Johannessen — No Comments ↓

A charge-off is one of the worst marks you can have on your credit report. It basically means that you have fallen so far behind on your monthly payments that the creditor considers it highly unlikely they will ever get…

How to Pay Collection Debt

Posted on July 21, 2014 by Elaina Johannessen — No Comments ↓

Like so many during the Great Recession, you lost your job and had to prioritize expenses. Maybe you had to break a cable contract so you could manage the house payment, or you had to defer paying medical bills until…