Consumer confidence hit a 17-year high in late 2017 and holiday sales jumped nearly 5% vs.
2016, the largest year-over-year increase since 2011, according to Mastercard’s Spending Pulse, which tracks retail spending — excluding autos — by all payment types.
But you should first consult a qualified credit counselor.
You may be able to lower your cost of credit by consolidating your debt through a home equity loan or home equity line of credit.
Housing prices and foreclosure rates are back to normal, and the unemployment rate is at a historic low.If you owe the money or part of it, contact the creditor to arrange for payment.If you believe you do not owe the money, contact the creditor in writing and send a copy to the collection agency informing them with a letter not to contact you.A debt collector may not: Report any problems you have with a debt collection company to your State Attorney General's Office, the Federal Trade Commission (FTC), and the Consumer Financial Protection Bureau (CFPB).Many states have their own debt collection laws that are different from the federal Fair Debt Collection Practices Act.After a rocky few years, average credit scores began a steady climb in 2013.