Month: May 2015

Considering moving or refinancing your mortgage loan during the summer months?  A good credit score is the first step in qualifying for a home loan or earning the favorable interest rate you need to afford a new house.  Practically all home loan applications are score driven.  While it admittedly takes a little bit of time […]

Zombie debt collection is on the rise.  Zombie debt also known as Phantom debt is an extremely old or even fictitious debt that has returned “from the dead” to “haunt” the debtor.  That amount owed on the debt can somehow grow to thousands of dollars when it was originally for a few pennies or never […]

As many consumers move into their senior years, adjusting their lifestyle to live on a fixed income after retirement I can be difficult.  No matter how much a retiree plans for their retirement, the cost of unforeseen living expenses can always occur including medical bills, prescription drugs and a rise in the cost of day […]

Just this month, New York City submitted an amendment regarding the use of credit reports in employment background checks.  If the amendment is passed into law, it would make the use of credit reports by employers during an employment background check unlawful and considered discriminatory practice for hiring purposes. Under the Fair Credit Reporting Act […]