Harassment of People in Debt by Creditors SECTION 40 OF THE ADMINISTRATION OF JUSTICE ACT "S40 Punishment for unlawful harassment of debtors". Many activities could count as harassment. It is important to note that "anything done by a person which is reasonable" when trying to recover a debt, is not considered to be harassment. Both the Office of Fair Trading and Trade Associations (run by the credit industry) have produced guidance on what activities may be considered harassment and should therefore be avoided by creditors. The following list is taken from the new Debt Collection Guidance for holders of consumer credit licenses.
Have You Checked Your Permanent Record Lately? As a young student I feared getting bad grades because I didn't want any bad marks on my "permanent record." Get an "F" in fifth-grade science and it goes in your record. Act up in Mrs. Brown's class...
History of Credit Cards Credit Cards have become an absolute necessity so much so that we take them for granted. A number of money experts have already slated the paper currency as a dying dinosaur. But have you ever wondered where did this plastic money of credit card come from? Whose genius was it anyways?
How Credit Card Applications Can Effect Your Credit Score Thanks to the Internet, it has never been easier to receive and submit credit card applications. It can be very tempting to fill out all of the online forms available to you. But be careful, it could end up costing you--consider the following issues before hitting that "send application" again.
How Credit Cards Work Credit cards have become a major financial industry, uniting cultures with a common form of payment and allowing purchases to be made on credit so that individuals have additional options when they're short on cash.
How Credit Repair Saved My Life Once upon a time in my life, I was dead. Dead not in the physical sense mind you, but the consumer sense. You see, I had bad credit. Actually, bad credit would have been an upgrade. I even got a denied letter for a debit card. That's right, the bank did not trust me with my own money. It was so bad that I thought life was over—and I was only starting my twenties.
How Credit Scoring Works The all important credit score! It determines the amount of loan you can get, it determines the interest rate at which you are charged for a loan, etc. Your credit score plays an important figure in your financial life. So what goes into making that all important score of yours? How does it increase, how does it decrease and what are the factors that go into its calculation?
How Credit Works Though it can affect a variety of aspects of everyday life, there are a large number of individuals who don't know exactly how credit works.
How Creditors Measure Your Credit Rating Creditors will measure your credit rating based on the following three main things. Capacity Collateral Character The three "C's" show creditors your: "Capacity" or income to pay the debt "Co...
How Do I Establish A Good Line of Credit? A line of credit, roughly defined, is the amount of credit that can be given to a borrower from a lender. Usually a contract or note of promissory is exchanged between the two parties, in which both parties agree to the line of credit amount, as well as the annual interest due to the lender at the end of the term.
How Do I Get a Credit Card? Bad Credit? No Credit? How do I get a Credit Card if I am not in college and I have bad credit or no credit? You can still get a Credit Card! Often the best way to get a Credit Card when you do not have an established credit history is to get a secured card.
7 Powerful Ways to Show Love to Children Our children are our most important legacy to the world. However, our love is our most important legacy to our children. Here are seven ways to show love that w...
Housing Bubbles and You Are we in a housing bubble? To answer that question first we need to understand what a housing bubble actually is.
Get What You Want -- Three Things You Need It seems pretty obvious but it needs to be said -- in order to get what you want, you have to know what you want. Destiny is not a chance - it's a choice.
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Managing or Coping? I think that a great manager spends his time trying to do himself out of a job...
Busy Mums Guide to Losing Weight Starting a family is both rewarding and challenging. However, it often means little spare time (or money) to spend looking after you! Things you once took for g...
How to Start Losing Weight and Keep Losing Weight Gravity is pulling you into the grave. The heavier you are, the more pull Death has on you. So try to become Weightless, like me. I usually phrase my philosophy...
Reading Between The Lines In Annual Proxy Statements Now that a large number of the proxy statements for public companies with fiscal years ending December 31, 2004 have been issued, those of us that scrutinize th...
Mineral Cosmetics from the Dead Sea By using natural skincare items, including mineral care products, you can ensure that you maintain beautiful skin and avoid chemicals and preservatives. Many o...
Business Innovation – Improvisation One of the most valuable fields of experience and one that creativity and innovation leaders should engage in - especially business leaders - is improvisation. ...
The Top Ten Benefits of Having a Web Site Do you need a web site? Are you considering getting one but are unsure? Here we take a look at the main reasons why a web site could be beneficial to your organ...
I Saw An Angel At Work Sometimes you have to see something to believe it. Like angels. Unfortunately, angels are adept at not being seen, yet many people believe in them. I saw an a...
