Like many people in North Carolina, carrying a large balance on your credit card may be a source of stress. If you have received an offer from a different credit card company to transfer your balance at an introductory interest rate of 0 percent, it may be tempting to immediately accept. Here is what you need to know about accepting an offer to transfer your balance.
Many people in Durham, North Carolina who find themselves struggling financially have experienced calls from creditors or debt collection agencies. Such bill collectors are required to adhere to certain federal requirements set forth in the Fair Debt Collection Practices Act. However, many do not and their communications can become harassing to those on the receiving end.
Like most people in North Carolina, you likely have a few different kinds of debts. Mortgages, credit cards and student loans are just a few of the common debts that many people carry. However, if you have received a call from a collection agency, chances are it was related to a medical bill. At Wootton & Wootton, P.C., we understand that receiving a call from a bill collector can be stressful and disheartening.
A college education is something that many people in Marietta want but very few can afford to pay for tuition and other costs out of their own pockets. Therefore, many families end up taking out student loans in order to afford to send their children to college. When parents, and even grandparents, co-sign for such loans, they often do not realize that they are taking on a financial burden that will follow them as they get older.