레이블이 Commercial Collection Agencies인 게시물을 표시합니다. 모든 게시물 표시
레이블이 Commercial Collection Agencies인 게시물을 표시합니다. 모든 게시물 표시

2013년 11월 29일 금요일

About 'commercial debt collection'|I'm Not Sure of What Can Violate my Debt Collection Rights.







About 'commercial debt collection'|I'm Not Sure of What Can Violate my Debt Collection Rights.








               After               several               years               of               working               with               a               U.S.

based               company               that               helps               entrepreneurs               clean               up               their               personal               credit               to               help               them               along               the               process               of               securing               a               small               business               loan,               I               gained               a               lot               of               insight               into               credit               repair.

I               was               once               asked               to               provide               information               for               a               client               with               dual               American               and               Canadian               citizenship               that               wanted               to               know               if               his               Canadian               credit               history               would               influence               the               commercial               loan               lenders               in               the               U.S.
               There               are               two               primary               credit               reporting               agencies               in               Canada               '"               Equifax               Canada               and               Transunion               Canada.

Although               these               sound               similar               to               the               U.S.

agencies               they               don't               necessarily               share               information               between               countries.

This               may               happen               in               a               case               where               a               Canadian               creditor               decides               to               take               legal               action               across               the               border               for               a               debt               you               incurred               while               living               there.
               The               commercial               loan               broker               I               worked               with               advised               small               business               owners               with               a               bad               Canadian               credit               history               to               get               it               in               order,               suggesting               that               they               may               someday               wish               to               return               to               their               native               country               to               live               or               start               a               business.
               The               process               is               similar               to               repairing               your               credit               in               the               U.S.

Start               by               contacting               Equifax               Canada               and               Transunion               Canada               and               requesting               a               copy               f               your               credit               report.

You               can               find               their               toll               free               numbers               of               their               websites.

You               might               be               required               to               pay               a               fee               for               these               reports.
               Although               you               may               be               forced               to               dag               up               some               old               details               from               your               memory,               review               the               reports               carefully               and               check               for               errors.

Compare               the               information               you               find               on               both               reports.

If               you               notice               discrepancies,               contact               the               agencies               to               report               or               dispute               them.

Some               of               your               debts               might               be               so               old               they               should               be               removed               from               your               credit               file.
               The               next               step               is               to               contact               the               creditors               and               lenders               that               have               reported               delinquent               accounts               or               defaults               on               payments.

Start               with               the               largest               debt               first.

In               the               words               of               author,               Brian               Tracey,               "eat               the               ugly               frog               first."               Take               care               of               the               worst               problems               in               the               beginning               and               the               rest               will               seem               easy.
               If               it               has               been               a               while               since               those               creditors               have               heard               from               you               they               could               be               very               happy               you               called.

Negotiate               a               realistic               schedule               of               payments               to               resolve               the               debt.

Ask               them               to               drop               the               interest               charges               and               late               payment               fees               so               you               only               owe               on               the               principal               balance.

Only               commit               to               paying               what               you               know               you               can               manage               financially.

This               way               you               will               prevent               further               negative               remarks               being               added               to               your               credit               report.
               More               from               this               contributor:               

               Keyword               vs               Branding               

               Don't               Be               Hoodwinked               by               Collection               Agencies
               Forgiven               Loans               and               Your               Taxes






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