10% monthly interest may be usurious under state and federal law, and if so, it may impede your efforts to recover the balance. With compounding,...

Generally speaking, regardless of how much is owed, only an amount authorized by you can be withdrawn from your bank account. Enrolling in auto-pay...

Your frustration is understandable. The problem is that a person can't be forced to pay what they don't have. In other words, if a judgment is...

Getting removed as a co-signer from an auto loan can be challenging, and sometimes impossible. Unless the lender has a protocol for removal of a...

Check your agreement to see if it's subject to automatic renewal. If so, there may be a provision stating how to cancel the service (in writing or...

I concur with my esteemed colleague, Daniel Edelman. If you are merely an authorized user, submitting a dispute letter to the credit bureaus...

The FDCPA applies to third-party debt collectors, not original creditors. However, you may have state or local laws that provide protections from...

I'm sorry to hear about what you've been going through. Follow the instructions at www.idtheft.gov to mitigate the damage to your credit and to...

The Fair Credit Reporting Act requires that all credit reporting be accurate, but it doesn't require that every financing transaction be reported....

They can sue you if they believe the claim is outstanding. You can fight the lawsuit and state any pertinent affirmative defenses, which in your...