Sign up for the Resqdebt Newsletter!

Do you want to know how to save money? Cut your expenses? Form good credit card habits? Grow into a debt-free lifestyle? Our Today newsletter can serve as your monthly road map on the way to financial health and success. Be a smart reader and a smart consumer and subscribe today.

(800) 319-1160
(800) 319-1160

Industry News

The End of Universal Default

October 26, 2009 | Kevin Bowen

Among the most interesting provisions in the new credit card reform legislation is the end of the controversial practice known as Universal Default.

The legislation, passed in May and set for full implementation next year, banned the practice, which allowed credit card companies to increase interest rates based on factors that had nothing directly to do with a customer’s account. Read More

Debt and Basic Expenses

October 19, 2009 | Kevin Bowen

Are Americans using their credit to pay for basic living expenses? That is the suggestion of a report titled “The Plastic Safety Net.” In it, the public interest group Demos documented the debt situation for lower and middle income households across the United States.

The study found: Read More

Fair Debt Collection Practices Act

THE FAIR DEBT COLLECTION PRACTICES ACT

As amended by Pub. L. 109-351, §§ 801-02, 120 Stat. 1966 (2006)
As a public service, the staff of the Federal Trade Commission (FTC) has prepared the following complete text of the Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. §§ 1692-1692p. Read More

 

Program results may vary depending upon each client’s dedication to the program and creditor cooperation. Program is not available in all states. Resqdebt does not provide debt consolidation, credit counseling, credit repair, legal or bankruptcy services. The Resqdebt debt settlement program does not assume or pay its clients’ debts. Settlement estimates are based on past experience.