If you have filed for bankruptcy, here is how you can protect your credit report right now.
My parents, many years ago, had a gangster as a neighbor. He made no attempt to hide his checkered past. Indeed, he once told them “I ain’t hurt no one that didn’t deserve it.” That quote still resonates with me today. Indeed, we haven’t sued anyone that didn’t deserve it. Here are the trends that [...]
Soon, the three major credit bureaus will roll out VantageScore 4.0. Here’s what Ohio consumers should know about the new credit scoring model.
Lenders are tightening up conditions, and this is just one more reason for Michigan consumers with low credit scores to seek credit repair.
An online search for anything related to “bad credit” and “Ohio” brings up a list of offers for car loans and home loans for credit-challenged consumers. Therefore, it seems reasonable to assume that, even though Ohioans are striving valiantly to earn better credit, bad credit still plagues the Buckeye State. Here’s something that may surprise [...]
Ohio has been coming back strong in the past few years. Unfortunately though, a lot of Ohio residents are still struggling with bad credit. In fact, the average credit scores of consumers living in the three biggest cities in the Buckeye State are lower than the national average (Columbus: 643.10, Cleveland: 626.55, Cincinnati: 636.31). However, [...]
In July of 2017, you may be 1 of 12 million consumers who will be affected by new credit reporting policies which may jump your credit score by as much as 40 points. In an attempt to bring more accuracy to credit reports, the three primary reporting bureaus (TransUnion, Experian, and Equifax) will make some [...]
Have you ever heard the term “predatory lending?” It might make you think of big animals with big teeth. And maybe that $200 you need to make it until your next payday is in the mouth of the meanest looking gator you’ve ever seen. You really need the cash, and the money’s right there, [...]
DEBT COLLECTORS CANNOT SHIELD THEMSELVES FROM LIABILITY FOR ILLEGAL COLLECTION ATTEMPTS TAKEN BY OTHERS ON THEIR BEHALF
The United States Court of Appeals for the Seventh Circuit held that a debt collector is liable for the illegal actions of its attorneys and other agents that are taken on the debt collector’s behalf, as long as the attorney or agent is also acting as a debt collector. In that case, Asset Acceptance, LLC, [...]
Job seekers with poor credit know all too well how negative items on their credit report can put them at a disadvantage when seeking employment, since companies often check an applicant’s credit report before offering employment. This "credit report as a condition of employment" cycle creates a vicious circle where a person having credit difficulties [...]