Memorial Day is the day we honor those men and women who took the ultimate sacrifice and in return giving us the greatest gift as United States Citizens, FREEDOM!What a great honor to live in this Country and to be given this wonderful gift, here at Credit Law Center we want to express our heartfelt […]
Author Archives: creditlaw2022
25
May
May
Wow! With the cost of rent rising have you ever thought about buying a home? It is important to weigh the pros and cons of renting vs buying. Credit scores are a factor in buying a home, but there are many different programs for future home buyers can help them get approved for a loan. According to a recent report by Zumper National […]
22
May
May
A divorce decree is the final courts ruling or judgment in the termination of marriage. In this final judgment, the two parties will divide properties, determine spousal/child support and divide financial debt. Something that is brought up a lot in regards to credit reports and debt collections is, my spouse was supposed to pay that […]
18
May
May
If you want to purchase a home the best possible way to guarantee you are on the right track is to see a mortgage lender. A lender will be able to help you in the pre-approval process. The pre-approval is a promise from the bank that you are qualified to borrow up to a certain amount at […]
12
May
May
With social media so present in our lives now we see the amount of GoFundMe pages for medical bills, it is validating the statistics. According to a recent report, by the CFPB 43 million Americans have overdue medical debt on their credit reports. Approximately 2 million Americans are affected annually by medical debt and remains the leading […]
10
May
May
From the day we bring home our children from the hospital all we want to be the best at guiding them and teaching them. It’s a no brainer we will be the one teaching them to tie their shoes, brush their teeth, and most of us will be that one parent waiting up for them […]
24
Apr
Apr
The IRS just made it harder to tell if you are getting scammed. Prior to April of 2017, getting a call from someone claiming you owed money to the IRS, you could have bet on it being a scam. As of April 2017 the IRS began using private debt collectors to collect on certain overdue […]
18
Apr
Apr
A Single parent balances work, children and finances daily, this doesn’t stop most single parent households from the desire to purchase a home. Home ownership to many single parent families represents the ability to achieve self-sufficiency and economic independence, to other single parent households it is a way to provide a stable, engaged environment for their children. […]
10
Apr
Apr
31 percent of Credit reports contain collection items, 67 percent of these collections are medical collections. Medical debt is often incurred as a result of an unexpected injury or illness, and a majority of medical debt happens to patients who are covered by insurance. Medical Debts turning in to a Collection The doctor’s office or hospital will handle the […]
04
Apr
Apr
[av_textblock size=” font_color=” color=”] Are You Protecting Your Child’s Identity From Theft? Approximately 1.3 million children have their identity stolen each year, and 50% are under the age of 6. Identity theft on a child may occur as early as 3 weeks of age when the social security card is issued. Stealing a child’s identity is the perfect […]