We are not talking about unauthorized credit cards, but transactions like auto repairs that are completed without your approval. When a married couple purchases a car, one person may put the vehicle loan in his or her name, even if the partner will be the main driver. The car may be registered in the name … Read more
Within the UK, the Office of Fair Trading (OFT) is responsible for issuing guidance regarding debt collection practices. This written document outlines what is expected of companies that pursue the collection of consumer credit-related debts. The most recent update to this guidance occurred in October 2011 and includes information for both consumers and agents responsible … Read more
When a relationship ends, debts may not end with it. A couple may find themselves dealing with debts incurred during or after the relationship. This can be a problem if one person is unwilling to take responsibility for his or her debts. If the situation goes unaddressed, it can affect the other individual to the … Read more
Whether they have a past-due cellular phone bill, credit card balance, or utility payments, UK consumers may find themselves dealing with a debt collection agency. When a creditor makes multiple attempts to collect a debt and these prove unsuccessful, it may turn the debt over to a debt collection agency. The agency works on behalf … Read more