Can debt collectors call me anytime they want, day or night?

Answer: Generally, debt collectors cannot call you at an unusual time or place, or at a time or place they know is inconvenient to you and they are prohibited from contacting you before 8 a.m. or after 9 p.m.

Debt collectors may not harass you or anyone else, over the phone or through any other form of contact when collecting on a debt. Also, if a debt collector knows that you are not allowed to receive the debt collector’s calls or communications at work then the debt collector is not allowed to contact you there. If your employer does not allow you to receive personal calls at work you should let the debt collector know that.

The CFPB has prepared sample letters that you can use to respond to a debt collector who is trying to collect a debt. The letters include tips on how to use them.  The sample letters may help you to get information, set limits or stop any further communication, or protect some of your rights. Always keep a copy of your letter for your records.

Source : Consumer Financial Protection Bureau (CFPB)

What types of IRS decisions can you appeal?

The results of an audit or CP2000 underreporter notice Collection actions such as a levy, federal tax lien, or the IRS denial of your request for an installment agreement or offer in compromise IRS denial of your penalty relief request

Appeals can generally look at the facts, circumstances, IRS procedures, tax law, and other factors in making a final decision for the IRS. The IRS Office of Appeals operates independently from the IRS to reach an agreement between you and the IRS without having to go to court.

Appeals officers (or settlement officers) are generally the most experienced IRS employees. They specialize in the area of tax law or administration involved in the dispute. For example, if you’re contesting audit findings on a corporation, the appeals officer will have a good understanding of corporate tax law.

Remember: IRS decisions aren’t always final. You may have the right to appeal that decision – informally with an IRS manager and formally with IRS appeals.

Source H&R Block

On-time Rental Payment History May Be Reported

Until recently, positive rent payment was not reported either. But that is changing. All three national credit reporting companies now report on-time rent payment history. The information is now available for inclusion in credit score calculations.

Not all credit scoring systems are able to incorporate positive rent payment information at this time, but Experian believes that will change with time.

Now, positive rental payment history can play a part in building a strong credit history. That can be especially important for people who are trying to establish credit for the first time, or who are trying to rebuild their credit history after a period of financial difficulty.


When you fail to pay a bill on time and several months go by with it remaining unpaid, the creditor can choose to send your account to collections.

Closed Accounts

Because your credit report is designed to include a detailed profile of your credit history, closed accounts often remain on your credit report. That’s because they can help creditors better understand your credit habits, like whether or not you made payments on time.

Charge Off

When a creditor notifies credit bureaus that it has charged off a debt, it means the creditor has given up on trying to collect an unpaid debt. A charge off is a negative mark on your credit report.


For many people in financial trouble, bankruptcy is a last resort. To determine whether filing bankruptcy is the right move, it’s important to understand just what bankruptcy is, what accounts will remain visible after filing, and how filing for bankruptcy may affect future credit pursuits.

Negative Information

Because your credit report is meant to be a thorough and complete portrait of you credit history, negative information can sometimes appear on it. This negative information may be from current or past accounts.

Debt Management Plan

If your debt feels overwhelming, it may be valuable to seek out the services of a reputable credit counseling service. Many are non-profit and charge small or no fees for their services. You can review more information on selecting the right reputable credit counselor for you from the National Foundation for Credit Counseling. Credit counselors can help you develop a Debt Management Plan (or DMP) and can negotiate to reduce your monthly payments. In many cases, you’ll be responsible for only one monthly payment to the credit counseling service, which will then disburse funds to all of the accounts you owe on.

Your credit report may denote that accounts are paid through a Debt Management Plan and were not paid as originally agreed. Using a Debt Management Plan may not negatively impact your credit history when you continue to make payments on-time as agreed under the new terms.

Alternatively, you could consider consolidating your debt via a personal loan or balance transfer credit card. In some cases, debt consolidation loans can provide lower interest rates and reduced monthly payments, as long as you qualify and stick to the program terms.

(By Experian)