The name is frightening. As it should be. The practice of trying to collect on Zombie Mortgages can be just as frightening. So, what is a Zombie Mortgage or a Zombie debt? Well, it’s debt that is past the statute of limitations and cannot be used as weapon to bring a consumer to court to […]
Author Archives: John McCall
03
Oct
Oct
As a law firm specializing in credit repair and consumer financial rights, we view FICO’s launch of the Mortgage Direct License Program as a pivotal moment in the evolution of credit scoring transparency and affordability—especially in the mortgage industry. Historically, consumers have been subject to opaque pricing structures and limited access to the mechanisms that […]
02
Oct
Oct
You’ve checked your credit score a dozen times this year. You’ve read the tips, maybe even tried a few. But you’re still not sure what all the effort is really for. You might be thinking, “What’s the point of trying to improve this number if it doesn’t change anything right now?” Or maybe, “I’ve already […]
30
Sep
Sep
So now is the time. You’ve been dreaming of becoming a homeowner. Striking out on your own. Building your own equity. No longer wanting to continue contributing to your landlord’s wealth in your monthly rent payments! This thrilling news and a major positive life stage! But what if you are like millions of Americans that […]
25
Sep
Sep
In 2023 it was reported that over 30% of Americans have an account that has recently gone to collections and that the average debt per person is a little over $9,000. Normally, when you hear that an account has gone to collections, you expect phone calls from unknown numbers asking to settle a debt and […]
04
Sep
Sep
The People Behind The Credit Score At Credit Law Center we fully believe in the people behind the credit scores. A company is only as good as its “Why” and what matters to us most, is our clients. We recognize that bad things happen to great people and wish to help improve individuals buying power, […]
28
Aug
Aug
How Does A Decrease In Credit Limit Effect Me? Your credit utilization rate is one of the most important factors when it comes to your credit score. Depending on how much of the available balance you use will reflect what kind of borrower you are and can be the deciding factor in a substantial credit […]
05
Aug
Aug
What is Title Fraud and How to Prevent it Title fraud, also known as home title theft or deed fraud, is a type of real estate fraud where criminals use a homeowner’s personal information to forge a deed and steal their property. There has been an alarming uptick in this version of fraud. This […]
31
Jul
Jul
The Biggest U.S. Banks Find VantageScore 4.0 is a Quantitatively “Better” Credit Score for Mortgages SAN FRANCISCO, OCTOBER 29, 2024 – VantageScore, a leading national credit-scoring company, is the “better” credit score for mortgages according to leading U.S. banks. Recently, third-party research from those banks found that VantageScore 4.0 provides superior risk assessments than traditional credit score models […]
17
Jul
Jul
The next chapter in the Medical Debt Saga. In January 2025, the Consumer Financial Protection Bureau (CFPB) finalized a rule that would have removed medical debt from credit reports and prohibited lenders from using medical information in credit decisions. The rule aimed to help around 15 million Americans and eliminate about $49 billion in medical debt from credit reports. It was […]