There is a major difference between what a credit repair company can do versus what a law firm specializing in credit repair can. What you may find even more interesting is that a consumer can actually do more than what a credit repair company will. A Law Firm however, trumps all. We have been using the law […]
Author Archives: John McCall
07
Nov
Nov
Big News for Homebuyers: Fannie Mae Removes 620 Credit Score Minimum—What It Means for You At Credit Law Center, we’re excited to share a major development that could open new doors for individuals working to rebuild their credit and achieve homeownership. Starting November 16, 2025, Fannie Mae will no longer require a minimum credit score […]
29
Oct
Oct
Buying your first home is a daunting milestone in everyone’s life and can bring both joy and anxiety when beginning the process. One large source of anxiety comes from the ever looming need of an exceptional credit score to aquire acceptable rates. For those that meet this criteria as displayed by your credit monitoring service; […]
23
Oct
Oct
Less Than Perfect Credit Scores and Living Situations. Many families deal with tough situations when it comes to rentals and the landlords that come with them. According to the Business Insider, more Americans are renting than at any time in the last 50 years. I can recall a time when I rented a home that had […]
14
Oct
Oct
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 […]
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 […]
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 […]
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 […]