• New policy governing credit reporting criteria. Credit Score can make or break a consumer. Starting July 1, 2017, the three nationwide consumer reporting agencies, Equifax, Experian and TransUnion, are starting a new policy [...]

  • CREDIT REPAIR SCAMS – COMPANIES SUED FOR CHARGING ILLEGAL FEES AND MISLEADING CONSUMERS Credit repair schemes The Consumer Financial Protection Bureau (CFPB), June 27, 2017, filed two complaints and proposed final judgments in [...]

  • Study finds domestic violence, ‘coerced debt’ often go together The following is an excerpt from a post by GreenPath regarding an study about the tie between physical abuse and financial abuse, by Susan Ladika/CreditCards.comm 26 [...]

  • US Supreme Court May 15, 2017: Resolving a split of circuits, the Supreme Court held 5/3 in Midland Funding LLC v. Johnson  6-348 (Sup. Ct. May 15, 2017) that a debt collector who [...]

  • How to Rebuild Your Credit Feel like you are stuck and cannot find a way out? Are you overwhelmed by financial challenges?  Do you want to rebuild your credit?  Many people try to [...]

  • Congress instructed the IRS to use private debt-collectors to collect overdue payments from taxpayers, despite this idea being a complete failure in 1996 and 2006 Debt Collectors abusive shakedown April, 2017 - according [...]

  • Bank of America Hit with $45 Million in Punitive Damages for Bankruptcy Stay Violations In re: Sundquist v. Bank of America, NA | Bank of America Hit with $45 Million in Punitive Damages for Stay [...]

  • Published On: April 17, 2017

    What is a Judgment Debtor’s Examination The following applies to Arizona lawsuits and collection rights. When a creditor sues and obtains a judgment there are several options available in order to collect on the judgment.  [...]

  • Credit Reports to Exclude Certain Negative Information, Boosting FICO Credit Scores by AnnaMaria Andriotis at The Wall Street Journal As a result of increasing pressure from Consumer Financial Protection Bureau and other regulatory concerns, the [...]

  • Thousands of student loan approval letters from FedLoan Servicing are not binding and can be rescinded at any time. According to a New York Times article “more than 550,000 people have signed up for a [...]