Debt Settlement Consumer Protection Act – Giving Consumer Good Option For Debt Relief

Few past years were the nastiest period for the people who lost their jobs in result of the economic or the financial crisis. In these years, people were passing from the worst economic situation as when, the recession, inflation and the extensive use of the new spending technologies i.e. the credit cards came in the industry then people suffered in the bad debt problems. To overcome this situation, government introduced the new laws which are functioning under the stringent scrutiny of it. These laws are working in interest of both parties i.e. the debtor and the creditor. After getting the information about the debt relief, options you can make their use trouble-free and can get the maximum benefits of them. As these all options are in favor of their consumers, but by introducing the debt settlement consumer protection act federal government played its role in giving the consumer a good option for debt relief.The rules in the debt settlement consumer protection act are defined to direct the settlement companies. According to these rules no settlement company has right for demanding the upfront fees from their consumer. Simply, we can say that these rules are under operation in the great interest of the consumers. Now, if any company tries for the upfront fees then settlement deal can be avoided with them. The FTC rules have directed the firms for demanding the service charges after getting their consumer or the creditor in acceptable relief agreement.The consumer protection act is very useful for the consumers. After hiring the settlement firm the consumer does not need to face the threatening collection letters or the notices. Settlement firm is responsible to the creditor, therefore, they make the contact with it. Once you hire the legitimate settlement firm then you have the legal protection to avoid the letters and the notices of the collection agent of the creditor.Debt settlement is a process in which experts convert your payment in half. So, if you owe the $10,000 then you can get the 50 to 60 percent reductions in your balance in the full support of federal government.

Canadians Cross The Border Into the US to Buy Many Consumer Goods Because Of Favorable Prices

While many Americans scoff at the rising prices of most consumer goods, they really don’t have a clue as to how lucky they still have it. In fact, this may come as a surprise to many Americans, but many people from Canada actually find products and services so much cheaper in the USA that they cross the border to America to save money on things they use every day. In fact, this isn’t just a small group of Canadians, but is in fact a significant number of Canadians that happen to live on the Canada / US border.What’s interesting is that most of these trips are same day trips into the United States. Canadians aren’t going to the US for tourism, they’re going because products are significantly cheaper. In 2011, there were almost thirty million same day trips into the United States made by Canadian families. The total number of trips by Canadians into the United States was just shy of fifty million. That means that almost sixty percent of Canadian trips into the U.S. were single day trips, and the majority of them were for shopping purposes?Why would a Canadian want to come to the United States to shop? Well, even the staple groceries are significantly cheaper in the United States than in Canada. In fact, many staple foods such as eggs, chicken, milk, bread, etc, are half the price of their Canadian counterparts. In addition to food, almost all other products are cheaper as well. From clothing to electronics and even airline tickets, the United States seems to be cheaper on just about everything. In fact, almost two million Canadians flew out of the Buffalo Niagara International Airport last year, instead of commuting to Toronto. Why is this? Prices were cheaper all around, sometimes by as much as 40-50%, and most Canadians agree that the facilities are amazing compared to Toronto.For people wishing to cross from Canada into the United States in order to save money, there are some things they should know. There are many websites out there that address these rules, but any Canadian crossing the border would be wise to pay attention. There are sites out there that list stores by location, sites that list potential price savings, and even sites that have specific lists of things a person can or cannot bring across the border. While shopping across the border is a great idea for anyone interested in saving a buck, a person needs to make sure that what they buy cannot get them in trouble.