Blog: December 2016

It is a sign of a weak job market that many families are finding themselves in debt. As the number of households in debt has risen, so has the number of Savannah debt collection agencies. In this post we will look at your legal rights when dealing with collection agencies by taking a look at the Fair Debt Collection Practices Act.

 Loan ForgivenessStudent loan forgiveness is something that allows people to get all or part of their student loan debt discharged.If you’re paying off a student loan this kind of discharge would be very welcome! While this may seem like an easy way to get out of debt, there are several things that you should know about student loan forgiveness, because you must meet some very specific criteria before being considered.

Credit Card SkimmingCredit Card Skimming is a technique that people use to steal information from a person's debit or credit card. There are handheld devices that can be used for skimming. It is relatively simple to get access to these devices. In fact, you can purchase the devices needed to skim a credit card on the internet just by initiating a search with Google..

how does refinancing workRefinancing one's mortgage is trading in an old loan for a new one with a fresh term and interest rate. One can choose to acquire a new mortgage from the bank that initially held their old loan, or refinance with a different lender. Whichever the case, the bank or lender that gives you a new mortgage normally pays off the old mortgage with a new one, hence the word refinancing.