Your Personal Injury Lawyers
Millions of dollars collected for seriously
injured people like you
The average American has around $38,000 of personal debt, and most struggle to pay it back. A large percentage of credit card users are unable to pay their dues back on time, and sometimes they default entirely. This is when debt collection comes into play. Agencies that hold the debt are well within their rights […]
A lot of people have never dealt with debt collectors so they’re reluctant or even fearful to take a debt collector’s call or receive letters about credit card debts that they may owe. Experts say that the consumers need to face the facts and deal with any debt collector that comes their way. However, as […]
A credit score is one of our most important assets. It can determine if we are able to buy a home or car, rent an apartment, or even get a business loan. When applying for a line of credit, a loan officer purchases an applicant’s credit report from a nationwide credit reporting company. This report […]
How is My Credit Determined? Generally a person’s credit score is updated and generated once a month. The number given is reflective of an algorithm primarily based on one’s previous payment history. It also considers whether they made payments on time and in full. How long one has had a credit history and how many […]
Collections and Credit: What You Should Know When you owe money to a business or person, they may report your debt to a debt collection agency that will act as a third party between the debtor and the creditor. Depending on your situation, that third party agency may report your collection to nationwide credit reporting […]
We’ve all heard about how important it is to have a good credit score, but do we really know why? Credit scores are ratings used to determine if you are able to qualify for some credit cards, loans or different financial services. There is a special algorithm used to determine this score. Your credit score […]
Fair Debt Collection is enforced by the Federal Trade Commission (FTC), which is a part of the nation’s consumer protection agency. Providing protections for consumers is their main goal and it is put into action with the Fair Debt Collection Practices Act (FDCPA). This federal act prohibits debt collectors from using abusive, unfair, or deceptive […]
