bettercreditforyoutexas
I'm a credit repair expert on a mission to help people improve their credit scores and achieve their financial goals.
I offer personalized assistance to help clients get approved for loans, credit cards, and mortgages at the best rates possible. Let's work together to turn your credit around and make your financial dreams a reality.
bettercreditforyoutexas
3 months ago | [YT] | 0
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bettercreditforyoutexas
⏰ Don’t wait. Start repairing your credit today.
4 months ago | [YT] | 0
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bettercreditforyoutexas
4 months ago | [YT] | 0
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bettercreditforyoutexas
A note about collections and charge-offs. Most folks don’t realize that when you default on unsecured debt, like a credit card, the creditor will usually write off the debt and sell the account to a collection agency. The collection agency is hoping you will feel guilty or intimated enough to pay them for the debt; they’ll sometimes harass you or threaten you with legal claims, but what people don’t realize is this: unless you have a written and binding contract or agreement that states you owe the collection agency money, you are not legally obligated to pay that company. Period.
If a creditor wrote off your bad debt, that debt will now be classified as income for you. Your debt goes from a liability to a delinquency to income. Once the IRS says your cancelled debt is now income, you’ll be subject to income tax and this does not qualify as a collection by any company, especially a debt collector that does not have a written agreement to do business with you.
I encourage everyone to pay all valid debts on time, in full, but when bad things happen to good people, be informed!
Until next time!
As always, you deserve better credit!
www.bettercreditforyou.com
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6 months ago | [YT] | 0
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