Zombie debt is old debt that is typically written off as bad debt by the original creditor and then later sold to collection agencies for pennies on the dollar. Most of the debt sold is years old and cannot legally be collected, though many consumers are unaware of the statute of limitations for legal collection of this debt. In many cases, zombie debt is legally unenforceable, meaning that unlike your current creditors, zombie debt collectors...
Like health care, many of us continue with the same auto insurance policy for years, never bothering to find out whether another insurance carrier could provide better service or save us some money. But there are several reasons why shopping for another auto insurance policy can make sense. Here are just a few: You’ll get a better idea of what the premiums should be. If you’ve been with an insurance company for many years, you...
