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In an effort to help financial
services organizations collect on large volumes of uncollected debt,
Experian(R), a global information solutions provider, today announced the
launch of Collection Triggers(SM). Collection Triggers is a robust and
flexible collections solution that monitors a company’s portfolio of
collections accounts. When new information on one of these accounts becomes
available, indicating the possibility of recovering the debt, the organization
is notified within 24 hours and can then resume efforts to contact the
consumer and collect the outstanding debt.

So you are now getting back on your feet and are ready to start paying off old debt? The old advice was to just call one creditor at a time and setup a payment plan with them. This would avoid the barrage of calls and mail from all your old creditors at once, and allow you to pay off the debts one at a time. But if one of those creditors subscribes to this new collection trigger service, as soon as you start making payments to one creditor, you are going to “trigger” others to start coming after you.

Read the full press release: Experian Collection Triggers

Well it’s that time again tomorrow. If you file estimated quarterly taxes, better have your check book ready. This year the payments are really hurting to send in. The reason is your estimates are based on your previous years earnings. Well this year my earnings are down quite a bit. Sending in these payments is taking a much larger chunk of income than it did last year. I know I’ll get back the difference when I file my final yearly return, but still…

I guess I wouldn’t mind taxes as much if I thought the system was more fair, but it is sorely unfair right now. There is so much government waste and fraud that I feel my money is being flushed away. I see pictures on the news of hundreds of unused FEMA trailers sitting and rotting away in a parking lot down south. I think, one of those should be MY trailer, I bought it!

Anyway…that is my tax rant for the day.