A Reader Asks…

I have good credit, always paid my bills on time (or at least the minimum), and have been a loyal customer for years. I have some debt right now though, and the interest charges are adding up.
Such as:
- my credit score being lowered
- my credit card company putting me on some kind of “strings attached” list
- certain good features of my credit card being revoked
Or is it all a “no strings attached” complimentary service that they can do?
Thank you.

Can a collection agency sue for a debt is a question that many people are asking, as it is becoming more difficult for people to keep their bills paid. Years ago, poor credit record listings and collection activity were the most extreme measrures a lender would go to. But as a result of debt problems becoming more common, many lenders are going to more extreme measures to try to get the money owed them.

I know a person that was recently sued for a $2000 owed amount on

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The quickness in the augment in the number of defaulters around the sphere is very fast. It is definitely a very problematic experience to deal with the credit card debt. If you are not able to clear credit card debt in due course, then you have to damage your entire credit account. The number of individuals that are now missing their

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