A charge-off as bad debt reflects poorly on your past payment history. Considering that 35 percent of your FICO score is based on payment history , you can expect your credit score to be adversely ...

Learn how debt verification and debt validation letters work. Say you are sitting around on a Sunday evening, getting ready to watch a professional football game on television, when the phone rings.

A: I am starting the process of clearing a couple of charge-offs from my credit report, and I have drafted a letter I would like to send to my creditors ...

You have 30 days after you receive a debt validation notice to send a letter disputing it, according to the FDCPA’s requirements. The validation notice should state the debt collector’s ...

The Utah Legislature has been running a bad experiment in public higher education these past 40 years and it is long past time to recognize and rectify their destructive errors.

The letter or notice should include the amount you allegedly owe, the name of the original creditor and instructions on how to contest the debt if it’s not yours. Once you receive the validation ...