Millions of Americans with student loans are facing one of the biggest repayment changes in years. For many borrowers, this is not just a policy update. It may affect monthly budgets, credit reports, collection risk, and long-term financial plans. At Credit Law Center, we believe the most important thing borrowers can do right now is […]
04
Jun
Jun
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 […]
02
Jun
Jun
Introduction Ever wonder if an account is too old to still be on your credit report? You’re not alone. A lot of people assume their credit reports are 100% accurate, but here’s the truth: mistakes happen, and old accounts sometimes stick around long past their expiration date. If you’ve got a debt from years ago […]
27
May
May
Good, Better, Best and Bad The internet and cell phones have now made it easier than ever to check your credit score as often as you’d like. Millennials are starting to check their credit scores more frequently than any other generation. This could be due to the fact that credit has become vital in many […]
14
May
May
There is a growing trend for alternate lending sweeping the country for those that may not be able to gain funding from traditional avenues; Buy Now Pay Later. There are some very good reasons to go this route. However, like any other options for purchasing, there are some pitfalls as well. Is it a good […]
30
Apr
Apr
How Do Negative Items Affect Me? Negative items on your credit report could be what separates you from that home loan you hoped for or a decent financing for a vehicle. The good news is that if you happen to have these negative items on your credit report, there are still wats to mitigate their […]
16
Apr
Apr
Most all of us have heard of Debt consolidation. But is Debt Consolidation right for you? What type of debt consolidation should one choose? Is Debt Consolidation effective? What are some of the pitfalls of debt consolidation? Guess what, sometimes “life” happens and we need to utilize our credit cards out of necessity. A perfect […]
Collections, Debt Collection
Debt Collectors Want a Reset. Courts—and Consumer Protection Law—Say Not So Fast.
14
Apr
Apr
Source: Site At Credit Law Center, we’ve seen this pattern before: a major debt collector gets caught violating consumer protection laws, agrees to a settlement, and then—once the spotlight fades—tries to walk it back. That’s exactly what’s happening right now. Portfolio Recovery Associates (PRA Group) is asking a federal court in Virginia to undo or […]
09
Apr
Apr
It’s happened to me. It’s happened to thousands of people. You go to look for your wallet and it’s nowhere to be found. In my case, the thief was only after the cash. All of my credit cards, Driver’s License, and the rest of my belongings were untouched. A city bus driver found it when […]
07
Apr
Apr
Saving money and investing is kind of like that New Year’s resolution you made. You know it’s worth it and you’ve said you’ll do it but a week later you’re back to old ways. We are ready to commit to being wise with our money this year-starting with the tax refund! Here is a handful […]