Debt Collection

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Why Credit Scores Will Rise this Month For Some Consumers

Recently the credit reporting agencies agreed to apply new rules to judgments and tax liens. The new rules require more information so that tax liens and judgments are verified on a timely basis. These new rules will help a lot of people, especially those who might have other relatives with similar names. So, if your…

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Six Important Steps to Take When Trying To Improve Your Credit Score

Six Important Steps to Take When Trying To Improve Your Credit Score If you have recently been turned down for a loan, or for a new credit card, you may need to fix your credit.   A denial of credit is often the result of a bad credit report, which can happen in two circumstances….

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Something to Think About When Reading your Credit Report

What Exactly Does Charge-Off Mean? One the most common misconceptions that many consumers have is that they don’t think they owe a debt when they actually do. Often they hear a debt collector or creditor say that the debt owed has been charged-off. When they hear it some think that it means that the debt…

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New York AG and CFPB finally take action against alleged Buffalo collection scheme

New York AG, CFPB join forces to fight illegal national debt collection scheme : Frost Illustrated A new federal lawsuit alleges that since at least 2009, two major players in the debt collection industry have illegally operated, harassed, threatened and deceived millions of consumers across the country—often for debts that were either inflated or not…