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 […]
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Mar
Mar
[av_textblock size=” font_color=” color=”] FTC Warns of Scam│Credit Law Center Recently you received a call from an unknown number, or one you may not recognize, when you answer the call you immediately hear, “Can You Hear Me?” With the dominant use of smartphones these days this scenario, seems like a common issue. According to a recent publication from […]
22
Mar
Mar
What makes up your FICO score and how is it calculated? A FICO score is a 3 digit code measured by pulling data from all three credit reports, Experian, Transunion, and Equifax, it is then used to determine your credit risk to lenders. The information pulled is put in to a FICO Score Formula, as […]
10
Mar
Mar
Are Debt Collectors or Debt Buyers Calling you? – Credit Law Center Do you immediately send an unknown call to voice mail, knowing it is just another abusive debt collector? Debt collectors and debt buyers spend lots of time and money going to seminars and workshops to stay up to date on all the rules and regulations. […]
13
Jan
Jan
Are free credit scores a waste of your time? Last week, 2 of the big 3 credit bureaus were ordered to pay $23 million for deceiving customers. The CFPB accused the credit bureaus of misleading marketing of false information of credit scores and products being sold to the public. According to the regulator, “TransUnion and Equifax […]
10
Jan
Jan
2 of the big 3 credit bureaus busted for deceptive marketing – Credit Law Center The Consumer Financial Protection Bureau bust 2 out of the 3 major credit reporting bureaus due to the marketing of their over-priced, under-performing credit monitoring subscription products. Combined fines and consumer restitution total $23 million. CFPB will more than likely […]
25
Dec
Dec
Merry Christmas and Happy New Year from Credit Law Center Tis the season of giving and celebrating life. Credit Law Center would like to take a moment and thank all previous and current clients, referral partners, and employees for making Credit Law Center what it is today and giving us an opportunity to help you. […]
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Dec
Dec
Self Credit Repair – Credit Law Center What is self credit repair? Sounds like a silly question but this industry can be confusing to consumers. The credit reporting agencies only want self credit repair because When considering self credit asks yourself a couple of questions; do you change your own oil? Do you do your […]