Getting in over your head in credit card debt is easy to do. After all, what’s $20 when it’s not coming straight from your wallet? But being delinquent on payments can mean having debt collectors calling you to make your payments. There are rules these collectors must follow, however, and not following them can land them in trouble.
When thinking about the financial future, one consideration is often whether furthering one’s education will enhance earning potential and increase the odds of living a comfortable lifestyle. But some educational institutions seem to have the opposite effect: the student doesn’t get a quality education and, at the same time, incurs debt that will still have to be repaid regardless of any impact the education may have on earning potential.