Wednesday March 12, 2014
In most cases, it's best to send a letter to a creditor rather than rely on a phone calls. The laws protecting your consumer rights against creditors, debt collectors, and credit bureaus hinge on written communication. So, when you need to dispute a credit card billing error or tell a debt collector to stop calling, put it in writing.
Here are 8 Sample Credit Letters. Make sure you read these tips for sending credit letters for some dos and don'ts about writing to credit businesses.
Tuesday March 11, 2014
It's tax time! Some taxpayers will get refunds and others will end up paying. No one wants to send money to the IRS, but it's the law - if you owe, you have to pay.
If you don't have the cash to pay your tax bill, you might think about paying by credit card. It's a viable option and one you might end up taking. But, before you put the bill on your credit card make sure you know the alternatives and understand the risks.
Read: Pros and Cons of Paying Taxes By Credit Card
If you're due a refund, spend it wisely. Smart Ways to Spend a Tax Refund has tips. Visit About Tax Planning for more information on completing and filing your income taxes.
Credit Card & Tax Articles:
Sunday March 9, 2014
Have you ever wondered what happens behind the scenes when you swipe your credit card? This picture slideshow will give you a look at how credit card transactions are approved, paid, and billed.
How Credit Card Transactions Work
Image © LaToya Irby
Saturday March 8, 2014
Tracking your expenses is an important step in creating a debt plan. It's a prerequisite to creating a budget and figuring out how much you can afford to put toward debt repayment.
The Expense Tracking Worksheet (color or black and white) has a place to record all the details about your daily spending. At the end of one month, add up your spending and decide whether it's where you'd like to be. For helpful tips on tracking your spending, read How to Use Expense Tracking to Pay Off Debt.
More Debt Management Worksheets
Image © Jupiterimages/Getty Images