Time Limits on Reporting and The FCRA

When reviewing your credit report in an effort to raise your credit score, you might’ve wondered about the 7-year clock. Many consumers aren’t sure if making a payment on a negative account in full that is already scheduled to fall off your report will restart the 7-year clock all over again. The language of the Fair Credit […]
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What Qualifies as a “Good” Credit Score

A credit score is a number that potential creditors use to determine the likeliness of paying off one’s debts.  Every consumer with credit has a credit score which is determined based on the information reported on your credit report.  A credit report is run through an algorithm that calculates several factors in a credit report […]
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Filing Bankruptcy and Your Credit Score

Filing bankruptcy is a difficult decision to make for a consumer.  Common questions you may ask yourself are:  Is bankruptcy the right decision for me?  Will I ever recover from the effects of filing?  Will it affect my credit score?  Will I be able to rebuild my credit?  If you are considering filing, the good […]
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The Telephone Consumer Protection Act of 1991 and “Robo-Calls”

The Telephone Consumer Protection Act (“TCPA”) enacted in 1991, limits the placement of pre-recorded telemarketing calls and all autodialed or pre-recorded calls to cell phones.  These calls are most commonly referred to as “robo-calls”.  Today companies are using robo-calling more than ever either as a marketing tool to solicit new business or to collect debts.  […]
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Amendments to the Fair Credit Reporting Act

The Fair Credit Reporting Act (“FCRA”) is the federal law that governs the credit reporting agencies’ conduct on consumer reporting.  As of January 1, 2013 the FCRA underwent amendments concerning the access of arrest and conviction records in employment decisions.  The FCRA imposes requirements on employers who use the credit reporting agencies to obtain reports […]
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Knowing Your Rights Under the Fair Credit Reporting Act

The Fair Credit Reporting Act, also referred to as the “FCRA”, is a Federal law enacted to protect consumers and their credit reports.  This law governs how your credit worthiness can be reported, dictates who can review your credit report and gives you the right to review and dispute information reported by creditors. A question […]
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The Consumers’ New Years Resolutions for 2013

As we have turned over another calendar year, just about all of us have made out our list of new years resolutions for the coming year.  In our attempts to make ourselves better we have set out our goals and hope we can take steps toward accomplishing these goals before we forget all about them, […]
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Demand for Validation

After the financial pressure of the holiday season its time to start worrying about all of your unpaid bills. Often times, after a bill goes unpaid for an extended period of time and the creditor’s collection efforts were unsuccessful, it will enlist the help of a collection agency to do its dirty work. Once an […]
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Overview of Fair Debt Collection Rights

Discussing debt is a huge source of stress for almost every individual. Using credit cards or store charges, financing an automobile, taking out a personal loan and or a home mortgage makes you a debtor and entitles you to the protection of the Fair Debt Collection Practices Act (the “FDPCA”).  The FDPCA governs the conduct […]
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Creditors Accountablility for Collection Harassment

Under the Fair Debt Collection Practices Act (“FDCPA”), a consumer is afforded rights which protect them from unfair and/or deceptive collection practices. The FDCPA protects a consumer from the conduct of a collection agency but not from the conduct of an original creditor, the entity to which the debt was initially owed. Often times, consumers […]
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