Phantom Debt Collectors

Phantom Debt Collectors

We recently found this great article — “Phantom Debt Collectors” by Michelle Black. What she writes about is so impactful that we are sharing it here.  You should know that credit education is a big deal to us. Take the first step, and we will...
Debt Collections and What To Do

Debt Collections and What To Do

Debt collections hurt your score.  It does not matter if it is a medical collection, credit card, automobile repossession. All debt collections hurt your score. A mortgage loan officer can grant some leeway to a medical collection, but only when your credit score...
Collections and Your Credit Report

Collections and Your Credit Report

Collections and Your Credit Report – Bad Debt and how does it affect your credit report? The Fair Credit Reporting Act (FCRA) is Federal law. It is evident regarding the credit bureaus’ responsibility regarding the requirements of anything they report. The...
Collections To Pay or Not to Pay?

Collections To Pay or Not to Pay?

How my FICO Score is calculated The FICO® Score is calculated from several different pieces of credit data in your credit report.  Your FICO Score considers both positive and negative information in your credit report. Late payments will lower your FICO...