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November 2, 2009

Is Debt Settlement right for you?

October 27, 2009

House payment before credit cards

October 20, 2009

New laws may "protect" but not "serve"

October 12, 2009

Mounting dissatisfaction with credit cards

October 6, 2009

How to recover from bankruptcy

September 24, 2009

What kind of debts are negotiable?

September 15, 2009

Where is the economy going?

September 9, 2009

Helpful Tips to
Get Out of Debt

August 17, 2009

  Confessions of a
Shopaholic

August 14, 2009

  Minimum Payments
on the rise

July 14, 2009

 Beware Loan Mod Scams




Financial Newsletter -- November 2009

Debt Collectors facing scrutiny

If you have ever been behind on your payments, you know that feeling.  You dread to pick up the phone for fear what the debt collector on the other end of the line will say to you.  An increasing number of Americans are falling behind on their payments and the tactics being used by some unscrupulous debt collectors are not just mean but in many cases illegal.

Debt defaults are the highest rates they have been in 18 years.  That means that debt collection efforts are on the rise and in many ways they are competing with each other.  If you are late of say 4 cards and you maybe have enough money to only pay one of them, those debt collectors are going to get pretty aggressive in their efforts.

But what happens when the cross the line?  Harassment and intimidation are not uncommon.  The FTC reports that it receives more complaints about debt collectors than it does any other specific industry.  Now they are investigating what type of changes need to be made.  Hopefully those changes can be implemented soon to protect consumers rights.

In the meantime, if you are in debt, falling behind on debt, or being harrassed, you need someone on your side.  At First Rate Debt Solutions, our business is dealing with creditors and protecting the clients from unscrupulous and illegal behavior.  Put our expertise to work for you.

About First Rate

At First Rate, we are committed to providing financial solutions to meet the individual needs of our customers.  With years of financial experience, we can offer you loans, debt settlement, loan modifications, and most importantly personalized, expert financial advice.  Call today for a free consultation at 877-332-8730 or visit us on the web at   www.firstratedebtsolutions.com.

We have:

  • Over 25,000 clients currently enrolled nationwide
  • A distinctive approach to negotiating with your creditors that minimizes risk and maximizes success
  • Proven results of low settlements
  • Full time Customer Service
  • On-line tools with access to your account 24/7
  • Experience and stabilty with years in the financial sector
  • An excellent reputation

~ Real Solutions for Real People ~

"Isn't it time to finally be debt free?"