Category Archives: In the News

New Regulations Under Review to Better Protect You From An Aggressive Collection Company
The phone rings. You cringe. You just know it is that collection company calling… again. It won’t stop the calls, but new regulation under review will help protect you from lazy, greedy, and criminal-minded debt collectors. “One of the biggest problems with debt collections today,” says NCES credit expert, George Cole, “is that the collection companies do a very poor job researching the debt bundles they buy....
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How Social Media Affects Your Credit Score and Financing Opportunities
FICO is the gold standard for calculating credit scores. But because of how FICO scores are calculated, they make a lot of consumers “unscoreable”. The answer? (According to banks and lenders around the globe…) alternative credit scoring data. Data that can come from utility companies, landlords, cell phone records, and even your social media accounts. Yes… your activity on social media affects your credit score...
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Rising Home Prices Make Credit Restoration Critical
The housing bubble has popped and now we are facing rapidly rising home prices in many parts of the country. If you want to buy a home, but have less than perfect credit, you need to put your plan into high gear. If you wait too long to restore your credit and buy a home, you may end up paying FAR more than you should (for less...
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