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High Utility Bills & High Temperatures│5 Ideas for Smart Summer Savings

5 Ideas for Smart Summer Savings

The first day of Summer officially arrived although it seems we have skipped most of Spring this year!  Have you noticed your bills are much higher than the previous Summer? It’s no surprise that while the days are longer and hotter, utility bills are headed on up too. We don’t expect that anyone would choose to sit inside with the air off, so with that, we have a list of some ways to save so you can stay cool while keeping your costs at a minimum.

 

Air Dry Your Clothing

Do you have a place to hang your clothing outside? Cutting back on your electric bill by letting all your laundry air dry is a great way to save this Summer. Although the time it takes to dry your clothes does take longer, it will keep your clothing looking brighter and actually extend the life of the clothing rather than tossing it in the dryer every time.

Find A Pool

Pack a snack and spend the day by the pool. This is a great way to give your AC a much needed break for the day. After you leave the pool, find a spot for a shaved ice or ice cream cone and soak up some of the air and cool off.  For parents, this is a great way to get the kiddos tired and settled down for a quiet movie and bed time!

Here are a few other awesome ideas for your kids to do this Summer that are free!

 

free credit repair consultation

Unplug

We tend to leave all of our phone chargers, laptops and other devices plugged in at home when we finish using them. Before you lock the front door, walk around your home and unplug any devices that are not being used. One way to eliminate this head ache is plug everything in a power saving strip so that when you are in a rush, you just turn the strip off and can head out the door or invest in an outlet timer.

Clean Up

The refrigerator is one appliance you cannot unplug but you can still cut costs by keeping the back side of the fridge clean! Once you move all the toys, goldfish and crumbs out of the way, you’ll see the coils on the fridge in the back or bottom of the fridge. They need a good cleaning each month which can help you save money as well. Just a quick once over with your vacuum each month can help you save.

Are you a renter?

It can be hard to cut cost on a unit that you can’t fix some of the issues that cause your bills to be higher, like the front door needing to be weatherized so the air does not escape. Here are a few ways you can save without calling up your landlord:

  1. Change air filters on air conditioner/furnace
  2. Thermostat settings-can cut costs 3% each degree over 75
  3. Cold Water-wash your clothes in cold which can save you about 50 cents/per load of laundry you do

Get out and enjoy your Summer to the fullest with your friends and family! Whether you are hoping to save up for a new vacation, a new home or just to put money back into savings, we hope these tips will help you get there this season!

 

A Note From The Author: The opinions you read here come from our editorial team. Our content is accurate to the best of our knowledge when we initially post it.

Article by Breana Washington

Do you have questions about your credit report? If you would like to speak with one of our attorneys or credit advisors  and complete a free consultation please give us a call at 1-800-994-3070 we would be happy to help.

 

Check out Credit Law Center’s info-graphic on 4 myths of collections reporting on credit reports.
credit collection myths infographic

credit collection myths infographic

 

Constant Calls From Debt Collectors│Illegal Practices vs Scam Callers

How To Deal With Debt Collectors

I have recently been receiving strange calls from someone trying to collect money from me, what do I do? As a consumer, it is important to be educated about the process by which an actual collection agency attempts to collect debts as opposed to scam callers asking you to meet them at the nearest CVS with no real explanation and for a large sum of money. It is not uncommon that if you are receiving phone calls, it will continue to happen until you can do something to make them quit.

 

Your Rights Under the FDCPA

The FDCPA (Fair Debt Collection Practices Act) has been put into place for the consumers protection. Though they don’t always follow the rules, harassment is illegal and will not be tolerated. There are many avenues as far a legal actions you can engage in should a debt collector call and harass you. While it is legal for a debt collector to call you and attempt to collect a debt, it is not legal for them to harass or threaten a consumer such as many scam callers and a few debt collectors do. There is a major difference and it is hard to track scam calls down. Many legitimate debt collectors take correct steps when making their phones calls however, should you continue to receive calls this is what you should look for:

They must

  • Identify themselves in every form of communication
  • Address what the call is in regards to “This is an attempt to collect a debt”
  • Verify the name and address of the original collector
  • Advise that you have the right to dispute the debt

If you receive a phone call and the company calling you does not do provide the information above, do not pay them or agree to met them to provide any money. You will want to contact an attorney to see if there are any steps that can be taken.

Taking Legal Action

The FDCPA has set rules in place for the way communication is to be handled by the debt collectors. Should a debt collector or agency not abide by those regulations, you may be able to take legal action moving forward.

  • Collector cannot call outside of the hours of 8am and 9pm on your local timezone
  • Auto dialing or numerous calls in the effort to annoy, abuse or harass the consumer is not prohibited
  • Profane or abusive language is not allowed
  • Calls to family, friends, or place of employment is not allowed
  • A Collector cannot call and threaten to report falsely to credit reporting agencies
  • Once a consumer discloses they are working and represented by an attorney, communication must stop

A few examples of harassing phone calls are on our website, you can access them here.

free credit repair consultation

Suing the Debt Collector

If you feel you have been dealing with harassing collectors, please contact Credit Law Center so we can help you build your case. We have sued all three of the credit bureaus and are constantly helping consumers become more educated about their credit as well as their rights under the FCRA (Fair Credit Reporting Act). This can be a fairly lengthy process, but in the grand scheme of things, having those calls come to an end are worth moving forward and pursuing legal action.

Continued Harassment and Next Steps

The best thing you can do to help yourself in a scenario like this is document and never throw anything away that may help an attorney out. We advise our clients to document everything such as the time and date you spoke, who you spoke with and what company they work for and any of the phone call details that you may be able to remember. Some other things that will help in this process are:

  1. Collection Letters you received
  2. Any voicemails left, save them to a storage device
  3. Telephone Bills
  4. Notes and contact info taken during call
  5. Take screenshots of your caller ID info

 

A Note From The Author: The opinions you read here come from our editorial team. Our content is accurate to the best of our knowledge when we initially post it.

Article by Breana Washington

Do you have questions about your credit report? If you would like to speak with one of our attorneys or credit advisors  and complete a free consultation please give us a call at 1-800-994-3070 we would be happy to help.

If you are hoping to dispute and work on your credit report on your own, here is a link that provides you with a few ideas on how to go about DIY Credit Repair.

 

Check out Credit Law Center’s info-graphic on 4 myths of collections reporting on credit reports.
credit collection myths infographic

credit collection myths infographic

 

Lower Interest Rates & Better Credit Scores│Real Results With Credit Law Center

Increased Credit Scores by 100 Points

At Credit Law Center we love hearing success stories from past clients. One client shares how Credit Law Center helped her family save money and increase their scores.

What brought you to Credit Law Center?

I was online one day and was looking at homes. A lender reached out to me and we started talking about purchasing a home. She pulled my credit scores and we had some past debt that we needed taken care of. I know credit is important. Based off the information we gave the lender, she gave us some options to get where we needed to get approved. She referred us to one of her Credit Advisors at Credit Law Center and so we got in touch. They assured us that we would only pay for the items that actually got deleted and our advisor talked us through the process and the costs.

How did you feel about working with a Credit Repair Company?

I was a little skeptical at first, but I looked into it. I had a really good feeling about my lender referring me to Credit Law Center. My credit advisor, Kim was really good at getting in touch with me. She let me know if an item was not removed, you didn’t pay for it. I let her know I was going to be out of town on a trip and what I could afford. She made it very inexpensive and worked with me on my budget.  I signed all the paperwork and got my report pulled. She went over everything with me, past debts, and gave me advice on the credit I did have. I hadn’t made my first payment yet, and I saw my scores were already jumping and that was back in January. I was receiving updates every month and my scores just kept jumping. My score has improved 100 points since we started the process.

What has the change in credit scores done for you?

The good thing is, back in December I had just got a vehicle. Then in February my husband and I went to get a vehicle for him. My scores had increased so much, my interest dropped 10% from when I got my vehicle back in December. It has just been awesome!

free credit repair consultation

 

Are you purchasing a home now?

Yes, we qualified and based off the information and our credit jumping, we are able to move forward in the loan process.  I have told family about; it was definitely worth it! That’s the good thing with Credit Law Center, any time anything touched my credit they were monitoring it. I was always getting updated and any questions I had to ask, I was able to reach out to my advisor  and could count on her.

Credit Law Center has been awesome and I am happy my lender put me in touch with them. One thing I can say, my husband was very skeptical but after seeing me go through this process with Credit Law Center my husband now wants to go through the repair process and he doesn’t have a bad taste about credit repair anymore.

Do you have questions about your credit report? If you would like to speak with one of our attorneys or credit advisors  and go through a free consultation please give us a call at 1-800-994-3070 we would be happy to help.

If you are hoping to dispute and work on your credit report on your own, here is a link that provides you with a few ideas on how to go about DIY Credit Repair.

A Note From The Author: The opinions you read here come from our editorial team. Our content is accurate to the best of our knowledge when we initially post it.

Article by Breana Washington

Check out Credit Law Center’s info-graphic on 4 myths of collections reporting on credit reports.
credit collection myths infographic

credit collection myths infographic

 

Credit Scores Impacted By Timeshares│Buyer Beware

Impact of Timeshares on Credit Reports

A timeshare can be something that affects your credit scores. When thinking about purchasing a timeshare, consider it to be as vital and possibly as damaging as a mortgage to your credit report.

There are many variables that come into purchasing a timeshare. If your family is tossing around the idea, examine these factors prior to signing:

  • Know the Association Fees
  • What the payments look like
  • What happens if you need/want to sell
  • Review contracts and terms

Credit Scores Dropping

In the credit world, the collection companies and bureaus do not consider what has happened and why you cannot make a payment on a debt. Should something happen where you no longer wish to be connected to the timeshare, they still want to be able to collect your money. It is possible that when you attempt to sell a timeshare, your credit report will state “deed-in-lieu” which can have as negative an impact as a foreclosure on the report. I caution you to really consider the purchase you are making and consider what your other lines of credit look like and if a timeshare is in your best interest. Here are a few other ways the timeshare could potentially drop your credit scores:

 

free credit repair consultation

Timeshare Fees

As with any mortgage, your time share could have HOA fees, special assessments, utilities and taxes to be paid. If you can no longer afford to pay these obligations in the timeshare, a lien can be put on your portion of the home. Not only does this impact your credit, it can keep you from selling out of your portion of the timeshare or making future major purchases.

Payments

If your family decides to mortgage the timeshare, you will have to continue the payments until the entire debt is repaid. Falling behind on the payments? They can foreclose the timeshare as if you stopped paying on a normal mortgage payment for a home. This dramatically impacts your credit scores, and could stay on your credit report for seven years.

Selling

It can be extremely difficult to find someone to sell a timeshare to. Whether you decide to discount the cost to the potential buyer, you still have the potential to end up in a bad financial position. The “deed-in-lieu” can be put on your credit report, regardless if you sell the timeshare outright or not.

Potential for Cancellation

In most states, there is a rescission or “cooling off’ where the buyer has the opportunity to cancel a contract and be given the deposit back. When that time frame is over, most believe that they no longer have the ability to leave the contract.

The best way to legally end the timeshare contract is take it straight to the company you purchased it from. The company you signed the contract with will not be thrilled about taking the timeshare back, and may try to convince you otherwise however, if they feel that there is potential litigation, they will more than likely take back the agreement or release the owner from the contract.

It is not impossible to be relieved of the contract you have on a timeshare but it would be wise to look into other avenues other than this option.

The last thing you need when trying to enjoy a vacation spot, or a summer with your family is the stress of an unwanted timeshare with unrealistic fees and expectations. I urge you to think twice before you purchase a timeshare this summer.

Other fun and convenient ideas for a great vacation that allows for your family to come and go is purchase an Air BnB  while continuing to make money by renting it out when you are absent.

If you have a tax lien, foreclosure or are thinking about trying to get out of a bad financial situation due to a timeshare and would like one of our attorneys or credit advisors to take a look at your report, please give us a call at 1-800-994-3070 we would be happy to help.

If you are hoping to dispute and work on your credit report on your own, here is a link that provides you with a few ideas on how to go about DIY Credit Repair.

A Note From The Author: The opinions you read here come from our editorial team. Our content is accurate to the best of our knowledge when we initially post it.

Article by Breana Washington

Check out Credit Law Center’s info-graphic on 4 myths of collections reporting on credit reports.
credit collection myths infographic

credit collection myths infographic