5 Biggest Mistakes that Damage Your Credit Whether you are renting an apartment, applying for a loan, or buying a house, your credit score is one of the first things people will check to determine the financial risk. Having a good credit score opens up a variety of opportunities. At the same time, a bad [...]
Can Debt Collectors Take Your Coronavirus Stimulus Payment? With 20.5 million Americans out of work due to coronavirus shutdowns, Congress passed the CARES Act, which gave many people a $1,200 stimulus to help them get by during tough times. As the COVID-19 pandemic drags on, many people are still struggling to pay regular bills; those [...]
Veterans Administration Suspending Debt Collection Action Some positive news from the Department of Veterans Affairs. The VA is suspending collection actions on all debts where the Department of the Treasury has jurisdiction through the end of 2020, according to a new report. This is welcome news for many Veterans in these hard times. According the [...]
Florida AG Shuts Down Telemarketing And Credit Reduction Scam The Federal Trade Commission and the Florida Attorney General recently announced that they had received a temporary order shuttering an Orlando based credit card interest rate reduction telemarketing scam and freezing assets. The FTC and the Florida Attorney General are pursuing both a permanent closure [...]
Covid-19 Has Not Stopped Credit Card Companies From Pursuing Wage Garnishment Recent reporting by ProPublica highlights the problems with wage garnishment from debt collectors that working Americans have faced during the current COVID-19 outbreak. As the country begins to reopen, however, relief from wage garnishment may not be right around the corner. The Reality of [...]
Top 6 Ways to Avoid Coronavirus Scammers from Ruining Your Credit COVID-19 has caused global uncertainty and disruption, with an unprecedented effect on daily living. As people are dealing with the fear of health and income concerns, they are turning to federal and state governments for the support and aid that is needed in these [...]
Is Your Identity in Danger? A Credit Lawyers Can help. As digital access has changed the way we do business, there are potential consequences to the never-ending flow of information. Identity theft is an increasing concern, especially with how quickly hackers can access personal information. If you suspect that your information might be compromised, then [...]
5 Steps to Fixing Errors on Your Credit Score Even if you think your credit report is accurate and up-to-date, the truth is that credit errors are more common than most people realize. It’s estimated that 1 in 20 people have credit errors – are you one of those people? The problem is that these [...]
What Happens to Credit Cards in Chapter 7 Bankruptcy? Credit Cards Get Discharged In Bankruptcy. You do not have to pay themThere are two types of debt. Secured debt, and unsecured debt. Secured debt means someone will take something from you if you don’t pay them. This is common in car loans and home [...]
Is There a Difference Between Credit Repair and Credit Counseling? Having a good credit score is essential if you want to take control of your financial life. Not only does good credit give you access to lower interest rates, but you can also qualify for the credit cards, loans, and mortgages that are needed for [...]
